Up 105%: Strategy CEO Discloses $756 Million Surge Behind Bitcoin Purchases Fueled by BlackRock and VanEck

Strategy CEO Phong Le reveals a 105% capital shift as BlackRock and VanEck drive $756 million into STRC, altering the rules of corporate Bitcoin purchases.

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Michael Saylor May Have Just Developed a New Way to Fund Massive Bitcoin Purchases

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Strategy makes modest Bitcoin purchase amid ongoing accumulation

Strategy bought 245 Bitcoin for $26 million between June 16–22, one of its smallest weekly purchases since ramping up buying. The company has now gone four weeks funding Bitcoin purchases without selling common stock, using preferred shares instead.

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Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases

In recognition of Bitcoin pizza day, the first-ever real-world transaction using Bitcoin, Cointelegraph speaks with the crypto community about their historic BTC purchases.

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Shiba Inu, Solana Tokens Lead Gains as Bitcoin Hovers Over $47K

Crypto markets followed moves in bitcoin amid reports of multimillion-dollar purchases of the asset by a major blockchain entity.

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Multi-Billion Dollar Asset Fund Stone Ridge Purchases $115M of Bitcoin

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Бывший депутат Европарламента впервые инвестировал в биткоин

Британский политик Годфри Блум добавил в свой инвестиционный портфель биткоины. Это первая покупка криптовалюты в его жизни. I make my first purchases of bitcoin this week.

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Bitcoin Whales Initiated Bear Move By Dumping Their Coins Onto GBTC Speculators — Peter Schiff

Bearish price movement despite large-volume Bitcoin post-halving purchases by Grayscale Bitcoin Trust points to the involvement of whales, states a renowned investor, and Bitcoin critic Peter Schiff.

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BTC Payments Reportedly Now Disabled for Venezuelan Passport Purchases

Bitcoin’s payments for Venezuelan passport applications disabled “temporarily” without official explanation.

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PayPal Allowing Bitcoin Purchases May Threaten Coinbase Market Share: Opinion on Crypto Twitter

Some on Crypto Twitter believe that the recent breaking news of PayPal allowing Bitcoin purchases may not be as good as it seems for the Coinbase exchange

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LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid

Retailers including CVS Pharmacy, Rite Aid, and 7-Eleven now allow LibertyX mobile app users to purchase up to $500 in Bitcoin with cash.

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PayPal and Venmo Planning to Introduce Bitcoin Purchases?

PayPal and Venmo are thinking about adding Bitcoin and crypto buying and selling, according to sources contacted by CoinDesk. Such a feature would help accelerate mainstream adoption. How the Feature...

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First Mover: Negative Rates or More Money Printing – Bitcoin May Benefit Either Way

Central bank stimulus – negative interest rates or asset purchases – are just two sides of the same coin that both strengthen the case for bitcoin.

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Bitcoin Adoption: Turkish Real Estate Company Records Highest Sale Made With BTC

Antalya Homes, a leading real estate firm in Turkey, announced that the company made a record-breaking sale on one of its properties via Bitcoin payment. Antalya Homes Receives Payment of $1. 25 Million in Bitcoin According to a press release on Monday (June 15, 2020), Antalya Homes witnessed an increase in real estate property purchases withRead MoreRead More.

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Grayscale is Buying Up More Than Just Bitcoin

22% of crypto fund manager Grayscale Investments’ purchases have been Ether throughout 2020 so far, totaling $110 million worth of accumulation.

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First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K

After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases.

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Largest Whale? Grayscale’s Bitcoin Stockpiling Has Investors Concerned About Centralization

It has been evident that Wall Street wants Bitcoin. New data has shown that Grayscale investments have doubled down on Bitcoin purchases since the 2020 halving. Now, the group is buying 1. 5 times the amount of Bitcoin mined.

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Grayscale is Buying Up All Minted Bitcoin Since Halving

Grayscale Investments’ Bitcoin purchases have doubled since May 11th, the fund accumulating more than miners can generate in a day. Grayscale Investments is currently buying up to 1,112 bitcoins every day, researcher Kevin Rooke has revealed in a new post on the fund’s seeming increasing appetite for the crypto asset.

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Revolut’s UK users bought 68% more Bitcoin in April

A new study reveals that UK retail traders bought more Bitcoin in April after countrywide lockdown had seen purchases drop by 50% throughout March. UK-based fintech company, Revolut, has provided data showing that users on its crypto trading app bought less crypto in mid-March even as Bitcoin crashed to new yearly lows.

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Bitcoin Pizza Day Celebrates its 10th Anniversary; 10,000 BTC for Two Pizzas is Now Worth $90M

May 22 is known as the Bitcoin Pizza Day after computer programmer Laszlo Hanyecz paid 10,000 bitcoins for two delivered Papa John’s pizzas in 2010. Being one of the earliest well-known purchases in the history of Bitcoin makes it an iconic day.

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Square’s Cash App Unveils Automatic Recurring Bitcoin Purchases

The new feature allows Cash App users to set automatic orders to buy Bitcoin on a daily, weekly or bi-weekly basis. Square CEO, Jack Dorsey, has announced that Cash App now has a feature that allows users to execute automatic and recurring Bitcoin purchases.

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Square?s Cash App Now Makes Sure You Don?t Forget to Buy Bitcoin (BTC)

The Twitter and Square CEO makes investing in Bitcoin easier by enabling automatic recurring purchases

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Square’s Cash App Debuts Automatic Recurring Bitcoin Purchases

Automatic recurring Bitcoin (BTC) buying is now possible on Square’s Cash App via a new feature added to the platform. Tweeting on Monday, Square and Twitter CEO Jack Dorsey revealed that Cash App users can now set their Bitcoin buying frequency according to daily, weekly, or bi-weekly schedules with a $10 minimum across all three […] The post Square’s Cash App Debuts Automatic Recurring Bitcoin Purchases appeared first on BeInCrypto.

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Bitcoin: Will delayed implementation of LN affect coin's adoption?

Bitcoin, while it has proved itself in the past to be a reliable alternative, hasn't really been useful when it comes to low-value and instant purchases, something that has long bothered many users.

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Combining Convenience and Security, TenX Is Expanding Bitcoin Usability

Sponsored: TenX is granting users the ability to make everyday purchases and withdraw fiat using bitcoin. The post Combining Convenience and Security, TenX Is Expanding Bitcoin Usability appeared first on Bitcoin Magazine.

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Fresh Bitcoin Buying Likely Amid Reports of Another Round of COVID-19 Stimulus Checks

Cryptocurrency exchanges like Coinbase could see a fresh round of Bitcoin buying as US officials ponder another distribution of stimulus checks to those affected by the ongoing COVID-19 pandemic. In the wake of the first payments sent to Americans, some platforms reported a surge in equivalent BTC purchases.

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CoinEx Exchange and Simplex Partner to Easily Buy Cryptocurrencies With Credit Cards

On March 31, crypto exchange CoinEx disclosed they will become partners with Simplex in order to aid crypto credit card purchases. As per the exchange’s press release says, CoinEx users are now able to buy 5 digital currencies such as Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and Tether (USDT) with their credit […]

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Bitcoin Posts Massive Green Candle After Fed Announces ‘Unlimited QE’

Bitcoin is following the financial markets today as they all rise after news that the Federal Reserve would be purchasing an unlimited amount of treasuries and securities. The Federal Reserve is reversing its previous decision of setting aside $700 billion for asset purchases.

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Bitcoin purchases via loans risky, unless 'extra money to spare'

Bitcoin has been on a wild run over the past few weeks. In the wake of BTC's recent fall below $4,000, many, including several non-crypto enthusiasts, flocked in to buy the digital asset. While the enThe post Bitcoin purchases via loans risky, unless 'extra money to spare' appeared first on AMBCrypto.

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Opera Browser Enables Apple Pay and Debit Card Crypto Purchases in the US

Opera desktop and mobile browsers for both Android and Apple iOS will support direct crypto purchases of Bitcoin and Ether for U.S. users

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Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus

On Sunday, the U. S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions.

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OceanEx enables BTC and ETH purchases with AUD, GBP & EUR

OceanEx, a bitcoin and crypto exchange company, today announced new integrations with Banxa, a fiat-to-crypto gateway solution provider. Users can now buy crypto with AUD, GBP, and EUR. Currently, BTC and ETH are available for purchase with Banxa.

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Rep. Mega-Donor Purchases a ‘Sizable Stake’ in Twitter; Plans to Oust Bitcoin Proponent CEO

Paul Singer, a Republican mega-donor has purchased a stake in San Francisco-based Twitter and allegedly aims to replace its current CEO – Jack Dorsey. Singer’s Elliott Management has acquired a “sizable stake” in the social media platform, according to a Bloomberg report from this week.

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Bitcoin Purchases on Dorsey’s Square Cash App, Records Its 7th Straight Quarter of Growth

According to the financial report of the quarter four of Twitter founder and bitcoin proponent Jack Dorsey’s Square, customers bought $178 million of Bitcoin. In total, the peer-to-peer payments and stock trading Cash App generated $361 million in revenue, half of which came from bitcoin trading.

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Square Notes Another Quarterly Increase in Bitcoin Sales

Gauging the popularity of Bitcoin is no easy feat. It is crucial to look well beyond trading volumes reported by centralized exchanges. Making Bitcoin purchases accessible to US customers has been a smart move by Square.

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Bitcoin Sales on Cash App Doubled in a Year

Bitcoin purchases on Cash App more than doubled over the last year, showing how rapidly the appetite for cryptocurrency is growing. Bitcoin Drives Square’s Revenues Up Square disclosed that the...The post Bitcoin Sales on Cash App Doubled in a Year appeared first on Crypto Briefing.

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Where You Can Spend Your Bitcoin in 2020

Bitcoin catches a lot of flack because of its low transaction throughput and at times, higher fees and wild volatility. These can make it impractical to use for small purchases like coffee. However, let’s take a look at where you can actually use Bitcoin to buy stuff in the real world in 2020.

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Visa Head of Crypto Sees Bright Future for Bitcoin

Cuy Sheffield, Head of Crypto at credit card giant Visa, envisions Bitcoin Sats as the internet native unit of account for purchases less than one cent. He sees this as the main use case where the leading asset can supersede fiat.

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P2P bitcoin exchange Hodl Hodl expands gift card trading with Coincards

Hodl Hodl a P2P bitcoin exchange, has announced a new partnership with Coincards, a platform allowing purchases of gift cards, mobile top-ups and prepaid vouchers from hundreds of retailers using crypto.

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NBA’s Dallas Mavericks Owner Mark Cuban Believes Bitcoin Cannot Become A Reliable Currency

During the last few years, Bitcoin (BTC) expanded in the market as a cryptocurrency that could be easily exchanged and transacted. Moreover, many investors believed that this was a new asset class, and enthusiasts considered it a currency that could be used to perform daily purchases.

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Earning Bitcoin While You Buy Goods is the ‘New Shopping Experience’

There are many ways to make money through Bitcoin. Now, a modality posed to gain momentum is to incentivize customers through loyalty programs that give bitcoins for their purchases online. Loyalty Programs to Drive Mainstream Adoption Merchants design marketing strategies such as loyalty programs to encourage customers to continue purchasing their products and services.

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Chase Facing Imminent Litigation for Hidden Crypto Fees

Judge Katherine Polk Failla has told Chase that the extra fees they charged customers who were purchasing cryptocurrency was uncalled for as cryptocurrency purchases are not counted as a cash advance.

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Goldman-Backed Apple Card Restricts Cryptocurrency Purchases

Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward cryptocurrencies and other “cash equivalents” like lottery tickets and casino chips.

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Bitcoin and crypto purchases will be prohibited with Apple’s new credit card

Apple and Goldman Sachs’ new credit card will not let users buy cryptocurrencies. This, according to a customer agreement published on Goldman Sachs’ website on August 2. The agreement notes that the card may not be used for obtaining cash advances or cash equivalents that include digital currencies, lottery tickets, race track wagers, and casino gaming […] The post Bitcoin and crypto purchases will be prohibited with Apple’s new credit card appeared first on CryptoSlate.

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No You Cannot Buy Bitcoin With Apple Card

One of the world’s largest tech firms has made its stance on bitcoin and crypto quite clear. Users of Apple’s new credit card be faced with a number of restrictions, and one of them is cryptocurrency purchases.

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Square Boosts Bitcoin (BTC) Buying through Cash App

The latest Square quarterly earnings reveal significant investments into the Cash App, which is also boosting BTC purchases.

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Kraken Exchange Purchases Crypto Accounting Firm, Interchange

Kraken, a leading San Francisco-based cryptocurrency exchange, has acquired Interchange, a firm that claims to be focused on solving cryptoassets management challenges for institutional investors. The acquisition is expected to transform Kraken exchange into a robust, end-to-end crypto trading and reconciliation platform and it will also allow interchange’s co-founders Dan Held and Clark to joinRead MoreRead More.

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Fold Offers BTC Rewards For Shoppers Using Its App

Crypto payments startup Fold will begin offering cashback rewards in the form of bitcoin to those who use the Fold app to make purchases at Amazon, Starbucks, and Target.

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Fold App Adds Bitcoin ‘Kickbacks’ for Purchases at Target, Starbucks

Mobile shoppers can earn bitcoin for purchases from Amazon, Starbucks, and Target, just to name a few. 

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When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.

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