Learn how businesses allocate Bitcoin on their books.
) cratered below $43,000 on Thursday in a selloff that was stoked by the Federal Reserve’s renewed pledge to start unwinding its pandemic stimulus support. For the so-called diamond hand investors among us, the decline presents an attractive entry point to continue accumulating BTC at discount rates.
2021 was the year that institutions and corporations became major movers and shakers in the Bitcoin market. By the end of the year, corporations and investment fundsroughly 1.48 million BTC, which represents 7% of the current circulating supply. Do you think these large, strategic investors are going to get shaken out by FUD?
Below is the concise version of the latest “Crypto Biz” newsletter, which is delivered to your inbox every Thursday. For a comprehensive breakdown of business developments over the last week, register for the full newsletter below.grew in 2021, as more corporate executives began recognizing the digital asset’s value proposition.
Since MicroStrategy's"Bitcoin for Corporations" conference in Feb 2021, public companies* holding significant BTC have gained market share from spot ETFs** as a way to access BTC exposure on public equity markets.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Airbnb Explores Crypto Payments — CEO Sees 'a Revolution Happening in Crypto' – Featured Bitcoin News“Like the revolution in travel, there is clearly a revolution happening in crypto,” says the CEO of Airbnb. bitcoin cryptocurrency
Read more »
Moneygram Invests in Crypto ATM Operator — CEO Bullish on Opportunities Crypto Offers – Finance Bitcoin NewsMoneygram has completed an investment in cryptocurrency ATM operator Coinme. 'At Moneygram, we continue to be bullish on the vast opportunities that exist in the ever-growing world of cryptocurrency,' said the CEO.
Read more »
Bitcoin Dips Below $44K, Crypto Economy Drops 4.5%, Traders Rush to Stablecoins – Market Updates Bitcoin NewsBitcoin slid in value today, roughly 5.4%% during the last 24 hours. Just after 3:00 p.m. (EST) prices dipped from $46K to $43,678 per unit.
Read more »
Bitcoin Falls Below $43K, Leads to $800M in Crypto LiquidationsIn the last 24 hours, crypto futures worth over $812 million were liquidated as bitcoin broke its $46,000 support level and fell to $43,000. By shauryamalwa
Read more »
$200 Billion Evaporated From Crypto Markets as Bitcoin Drops to 3-Month Low (Market Watch)The entire cryptocurrency market has turned red today, with bitcoin plummeting by 10% to its lowest price point since late September.
Read more »
Bitcoin and Crypto Markets in Turmoil as Fed Plans to Reduce Balance SheetThe crypto markets was sent well into the red in the past 24 hours as the Fed reveals plans to cut balance sheet.
Read more »