99 Bitcoins

99 Bitcoins

99 Bitcoins http://ftr.fivefilters.org/makefulltextfeed.php?url=https%3A%2F%2F99bitcoins.com%2Ffeed%2F&max=5
A non technical blog about Bitcoin – Tutorial, Reviews and Guides

Tesla Accepts Bitcoins and Keeps Them All | This Week in Crypto – Mar 29, 2021 https://99bitcoins.com/bitcoin-news-summary-mar-29-2021/
<div><img src=”https://99bitcoins.com/wp-content/uploads/2021/03/This-Week-in-Crypto-Mar-29-2021.png” class=”ff-og-image-inserted”></div><p><iframe title=”YouTube video player” src=”https://www.youtube.com/embed/6ujfCDqJTSU” width=”640″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span></iframe></p>
<p>Tesla accepts Bitcoin payments, Coinbase is issued a penalty, and a retirement fund buys BTC.&nbsp; These stories and more, this week in crypto.</p>

<p><a href=”https://www.cnbc.com/2021/03/24/elon-musk-says-people-can-now-buy-a-tesla-with-bitcoin.html” class=”external” rel=”nofollow” target=”_blank”>American car buyers can now</a> purchase Tesla vehicles with Bitcoin according to a recent announcement by the CEO of Tesla. Elon Musk also stated that none of the BTC revenues the company receives will be converted to US dollars, but will rather be stored away and kept in the company’s reserves.</p>
<p>The Commodity Futures Trading Commission (CFTC) has<a href=”https://finance.yahoo.com/news/coinbase-fined-by-cftc-over-cryptocurrency-trading-181047477.html” class=”external” rel=”nofollow” target=”_blank”> fined popular crypto exchange</a> Coinbase $6.5 million for failing to engage in proper reporting practices. Two programs on Coinbase Pro allegedly inflated trading volumes for both Bitcoin and Litecoin. Despite the hefty fine, the CFTC believes that the inaccurately reported data was more a result of “carelessness” than of malintent.</p>
<p>KiwiSaver Growth Strategy, a $350 million retirement plan operated by New Zealand Wealth Funds Management, has <a href=”https://cointelegraph.com/news/new-zealand-retirement-fund-reportedly-allocates-5-to-bitcoin” class=”external” rel=”nofollow” target=”_blank”>allocated</a> 5% of its assets to Bitcoin. Bitcoin’s striking similarities to gold were cited as one of the biggest reasons for the retirement fund to enter into the trade.</p>
<p>Fidelity, Goldman Sachs and SkyBridge Capital are all in the rush for launching the first Bitcoin ETF in the US.</p>
<p><a href=”https://www.thinkadvisor.com/2021/03/25/fidelity-files-for-bitcoin-etf/” class=”external” rel=”nofollow” target=”_blank”>Fidelity Investments</a>, one of the first asset managers to engage with cryptocurrencies, and Anthony Scaramucci of <a href=”https://sports.yahoo.com/skybridges-scaramucci-files-launch-bitcoin-161053471.html” class=”external” rel=”nofollow” target=”_blank”>SkyBridge Capital</a> have each filed <a href=”https://www.thinkadvisor.com/2021/03/25/fidelity-files-for-bitcoin-etf/” class=”external” rel=”nofollow” target=”_blank”>application</a>s with the SEC to launch a Bitcoin ETF. At the same time, Goldman Sachs is seeking approval from the SEC to launch notes linked to the ARK Innovation ETF, a fund that could also offer exposure to bitcoin.</p>
<p>Popular trading app Robinhood is <a href=”https://www.msn.com/en-gb/money/other/robinhood-plans-to-hire-a-ton-of-people-to-expand-cryptocurrency-operations/ar-BB1eQpQB?ocid=BingNewsSearch” class=”external” rel=”nofollow” target=”_blank”>looking to expand</a> its crypto department tenfold in the coming months. The company acknowledges the growing popularity of crypto trading and is working hard to ensure the firm is prepared with new hires. While the app does not give crypto investors access to their private keys, the CEO says this could change in the future.</p>
<p>Crypto.com <a href=”https://www.coindesk.com/crypto-com-nft-platform-snoop-dogg-lionel-ritchie” class=”external” rel=”nofollow” target=”_blank”>launche</a>d its NFT platform on Friday with content from Snoop Dogg and Lionel Ritchie claiming it will be the “world’s largest and most user-friendly NFT platform.”. The platform will be invite-only and will feature collaborations between mainstream and digital artists.</p>
<p>Time Magazine is looking for a<a href=”https://finance.yahoo.com/news/time-magazine-seeks-cfo-lists-121215328.html” class=”external” rel=”nofollow” target=”_blank”> new chief financial officer</a> and the magazine wants that person to feel “comfortable with bitcoin”. The news suggests that bitcoin and digital currencies are becoming more mainstream and are likely penetrating the job world in ways nobody thought possible only a few years ago.</p>
<p>That’s what’s happened this week in crypto. See you next week.</p>

<p><strong><a href=”https://blockads.fivefilters.org”></a></strong> <a href=”https://blockads.fivefilters.org/acceptable.html”>(Why?)</a></p> Mon, 29 Mar 2021 05:00:50 +0000 Nick Marinoff

Are Stimulus Checks Pumping Bitcoin? | This Week in Crypto – Mar 22, 2021 https://99bitcoins.com/bitcoin-news-summary-mar-22-2021/
<div><img src=”https://99bitcoins.com/wp-content/uploads/2021/03/This-week-in-Crypto-March-22-2021.png” class=”ff-og-image-inserted”></div><p><iframe title=”YouTube video player” src=”https://www.youtube.com/embed/NW-A90B3Vhc” width=”640″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”>[embedded content]</iframe></p>
<p>People are using their stimulus checks to buy BTC, India is closer to banning crypto completely and banks just can’t ignore Bitcoin anymore. These stories and more, this week in crypto.</p>

<p>According to a new survey conducted by Mizuho Securities, many Americans who just received their stimulus checks <a href=”https://www.msn.com/en-us/money/technology/nearly-10percent-of-the-dollar380-billion-in-stimulus-checks-may-be-used-to-buy-bitcoin-and-stocks-survey/ar-BB1eBwES?ocid=BingNewsSearch” class=”external” rel=”nofollow” target=”_blank”>are planning</a> to use the funds to purchase BTC and other cryptocurrencies. An impressive two out of every five survey takers said they planned to purchase bitcoin with at least some of the money they received. According to estimates that could mean nearly a $40 billion inflow into the market.</p>
<p>According to a new report issued by financial giant JPMorgan, the<a href=”https://www.msn.com/en-us/money/markets/retail-traders-edged-out-wall-street-to-become-the-bigger-buyers-of-bitcoin-so-far-this-quarter-jpmorgan-says/ar-BB1eE3sR?ocid=BingNewsSearch” class=”external” rel=”nofollow” target=”_blank”> crypto investing world is presently</a> being ruled by retail investors, who bought nearly 15,000 more bitcoins than institutions during the first quarter of 2021. While institutional investors dominated the final months of 2020, it appears that large-scale activity has fallen back a bit in the new year.</p>
<p>Following much speculation, it looks like<a href=”https://www.forbes.com/sites/ninabambysheva/2021/03/15/22-billion-bitcoin-liquidation-may-have-caused-10-correction/?sh=435e1aa67b89″ class=”external” rel=”nofollow” target=”_blank”> India is getting ready to propose</a> a full ban on all crypto trading and related activity. While the law hasn’t passed yet, crypto holders are likely to incur financial penalties, while miners might even face prison time for extracting new coins should the law get the greenlight.</p>
<p>Global banking giant Deutsche Bank, issued a <a href=”https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000517378/The_Future_of_Payments:_Series_2_Part_III__Bitcoin.pdf?&amp;B/B9dVAIl/mO4DPCoGKlcppQjDSO9vE2YmHdUYERHvY=&amp;&amp;realload=yHyVmFFu/1N2drpejtrUbCZOlp2mtlxV4cnzyyVerVyDlJ9xKaNpkg9fLFLNjKD5ZgT9JOP1EdZ9MumHTmwAmA==” class=”external” rel=”nofollow” target=”_blank”>report</a> devoted exclusively to Bitcoin. According to analysts Bitcoin’s market capitalization of $1 trillion and potential for continued growth have made the cryptocurrency “too important to ignore,”. Deutsche Bank suggested that Bitcoin’s price “could continue to rise” further as long as asset managers and companies continue to enter the market but expect it to remain highly volatile in the short term.</p>
<p>Wall Street investment bank, Morgan Stanley, <a href=”https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html” class=”external” rel=”nofollow” target=”_blank”>is launching access</a> to funds that enable ownership of bitcoin. Morgan Stanley is only allowing its wealthier clients with at least $5 million to access the bitcoin funds, which are managed by Galaxy Digital, a crypto firm founded by Mike Novogratz.</p>
<p>According to data accumulated by Compound Capital Advisors, not surprisingly bitcoin is<a href=”https://finance.yahoo.com/news/bitcoin-becomes-best-performing-asset-132208120.html” class=”external” rel=”nofollow” target=”_blank”> the top-performing asset of the</a> decade. The currency has managed to provide returns of more than 200 percent in the past year alone, and since 2011, the asset’s cumulative gains exceed a whopping 20 million percent, easily beating out traditional investments such as the Nasdaq and the gold market.</p>
<p>Grayscale—provider of one of the world’s largest bitcoin trusts—has<a href=”https://finance.yahoo.com/news/biggest-bitcoin-fund-provider-offer-123000067.html” class=”external” rel=”nofollow” target=”_blank”> unveiled five new trusts</a> that will allow its customers to gain exposure to lesser-known altcoins. The trusts will give traders a chance to explore and invest in Filecoin, Chainlink, Basic Attention Tokens, Livepeer and Decentraland, a virtual reality platform that utilizes its own cryptocurrency.</p>
<p>The Oakland As have<a href=”https://news.yahoo.com/oakland-first-professional-sports-team-145755412.html” class=”external” rel=”nofollow” target=”_blank”> surprised crypto</a> fans by listing all ticket prices in bitcoin, becoming the first Major League Baseball team to do so. If you’re interested in going to see an Oakland A’s game, you can pay for a full suite (which seats up to six people) for the price of one bitcoin.</p>
<p>That’s what’s happened this week in crypto. See you next week.</p>

<p><strong><a href=”https://blockads.fivefilters.org”></a></strong> <a href=”https://blockads.fivefilters.org/acceptable.html”>(Why?)</a></p> Mon, 22 Mar 2021 06:00:39 +0000 Nick Marinoff

Can 0.01BTC Make You a Millionaire? | This Week in Crypto – Mar 15, 2021 https://99bitcoins.com/bitcoin-news-summary-mar-15-2021/
<div><img src=”https://99bitcoins.com/wp-content/uploads/2021/03/This-week-in-Crypto-Mar-15-2021-2.png” class=”ff-og-image-inserted”></div><p>NFTs stealing the show from Bitcoin’s All-Time High, the US government auctioning crypto and can 0.01 BTC make you a millionaire? These stories and more, this week in crypto.</p>
<p><iframe src=”https://www.youtube.com/embed/wGoPk790zXU” width=”640″ height=”360″ frameborder=”0″ allowfullscreen=”allowfullscreen”><span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span></iframe></p>

<p>Twitter CEO, Jack Dorsey is<a href=”https://www.msn.com/en-us/money/other/billionaire-bitcoin-advocate-jack-dorsey-is-auctioning-the-very-first-tweet-in-history-as-an-nft-and-the-highest-bid-is-2-5-million/ar-BB1emSdF?ocid=BingNews” class=”external” rel=”nofollow” target=”_blank”> looking to sell a little bit of</a> Twitter’s history. He’s put the first tweet ever up for sale in the form of a non-fungible token (NFT). Among the interested parties is Justin Sun, the CEO of the decentralized platform TRON who offered $2.5 million for the NFT-based tweet.</p>
<p>Christie’s auction house made history as the company’s <a href=”https://cryptopotato.com/owner-worlds-most-expensive-nft-owns-major-fund/” class=”external” rel=”nofollow” target=”_blank”>first auction of an electronic product</a>, the world’s most expensive NFT token was sold for over $69 million. The digital art is the third most expensive piece ever sold by a living artist.</p>
<p>Business analytics firm MicroStrategy has made yet another large bitcoin purchase, buying a further $15 million worth.&nbsp; 262 more <a href=”https://www.coindesk.com/forget-buying-the-dip-microstrategy-buys-15m-of-bitcoin-as-it-nears-the-all-time-high” class=”external” rel=”nofollow” target=”_blank”>BTC were added</a> to the firm’s portfolio at an average price per coin of $57000, which is just shy of the cryptocurrency’s all-time high, which on Saturday eclipsed the 60 thousand dollar mark. This latest purchase brings the firm’s total bitcoin holdings to over 91000.</p>
<p>Financial giant JPMorgan is unveiling a<a href=”https://markets.businessinsider.com/currencies/news/jpmorgan-crypto-exposure-product-bitcoin-btc-wall-street-interest-2021-3-1030167943″ class=”external” rel=”nofollow” target=”_blank”> new product that gives customers</a> access to companies with high stakes in crypto. To be clear, JPMorgan is not providing access to specific cryptocurrencies but is instead allowing its clients to invest in enterprises that are known for supporting and purchasing large bundles of BTC such as MicroStrategy and Square.</p>
<p>China-based app<a href=”https://www.msn.com/en-us/money/markets/chinese-selfie-editing-app-maker-meitu-buys-2440-million-worth-of-bitcoin-and-ethereum/ar-BB1emA0Q?ocid=BingNews” class=”external” rel=”nofollow” target=”_blank”> company Meitu has purchased</a> approximately $40 million-worth of cryptocurrency. The company explained in a statement that it has bought roughly 379 units of BTC along with 15,000 units of ether to become the latest institutional firm to get its fingers on digital assets. The company is also reformatting its budget to allow room for as much as $100 million in new crypto purchases.</p>
<p>The U.S. government is <a href=”https://www.msn.com/en-us/money/companies/u-s-government-to-sell-0-7501-bitcoin-worth-38-000-at-current-prices/ar-BB1en92P?ocid=BingNews” class=”external” rel=”nofollow” target=”_blank”>planning an auction</a> where items up for grabs include almost one bitcoin. Government auctions of BTC have occurred in the United States before, with the biggest ones centering around the<a href=”https://abcnews.go.com/US/tim-draper-bought-auctioned-bitcoins-seized-silk-road/story?id=24399619″ class=”external” rel=”nofollow” target=”_blank”> confiscated crypto stash</a> of Ross Ulbricht, the alleged creator of the Silk Road black market.</p>
<p>Video game company Atari <a href=”https://www.bloomberg.com/news/articles/2021-03-08/atari-partners-with-crypto-gaming-operation-to-launch-casino” class=”external” rel=”nofollow” target=”_blank”>is building</a> a new cryptocurrency casino platform. The casino will feature many of Atari’s old titles from the 1980s and will allow gamblers to play for NFTs which then can then use to purchase additional cryptocurrencies.</p>
<p>Current trends in global wealth distribution and the inevitable realization of Bitcoin’s limited supply <a href=”https://cointelegraph.com/news/want-to-be-rich-bitcoin-s-limited-supply-cap-means-you-only-need-0-01-btc” class=”external” rel=”nofollow” target=”_blank”>could result</a> in 0.01 BTC being worth $1 million in the future. When comparing the relative wealth concentration of the fiat and Bitcoin markets, being among Bitcoin’s top 13% shares the same exclusivity as being a fiat millionaire.</p>
<p>That’s what’s happened this week in crypto. See you next week.</p>

<p><strong><a href=”https://blockads.fivefilters.org”></a></strong> <a href=”https://blockads.fivefilters.org/acceptable.html”>(Why?)</a></p> Mon, 15 Mar 2021 06:00:33 +0000 Nick Marinoff

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