Bitcoin adoption

Possible Bitcoin treasury adoption as more companies cite inflation concerns

No fewer than 47 companies have cited the term “inflation” in their earnings calls for Q1 2021. According to a report by financial market data provider FactSet on Monday, the figure represents the highest number of companies to do so in the last decade. Earlier in April, the United States Bureau of Labor Statistics released …

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Fund Manager Bill Miller Says Bitcoin Is Not a Bubble — BTC Entering Mainstream as Demand Grows Faster Than Supply

<div class=”featured_image_container”> </div> <strong>Bill Miller, the founder and chief investment officer of Miller Value Partners, does not think bitcoin is a bubble. Instead, he said it is at the beginning of mainstream adoption. Remaining bullish on the cryptocurrency, the famed value investor explained that bitcoin’s price will rise as </strong><strong>the demand for the crypto is …

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Another US City Aims to Become Bitcoin Hub — Exploring BTC Payroll, Mining, Holding Crypto in Balance Sheet

<div class=”featured_image_container”> </div> <strong>Another U.S. city, besides Miami, is looking to become a bitcoin hub. The mayor of the city of Jackson TN says that his city is exploring payroll conversions in crypto in addition to bitcoin mining to add the cryptocurrency to its balance sheet.</strong> Jackson TN Looking to Become a Bitcoin Hub Mayor …

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Fidelity Says Bitcoin Adoption Will Keep Accelerating — ‘We’ve Reached a Tipping Point’

<div class=”featured_image_container”> </div> <strong>Fidelity’s head of digital assets says that bitcoin adoption will continue “at an accelerated pace,” noting that “we’ve reached a tipping point.” He explained that investors are increasingly drawn to bitcoin “Particularly, in an environment where we’ve seen unprecedented monetary and fiscal stimulus from central banks and governments in response to the …

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Music Company Founded by Dr. Luke Enables Bitcoin Payments for Songwriters and Producers

<div class=”featured_image_container”> </div> <strong>Bitcoin mainstream adoption is not limited to celebrities endorsing the cryptocurrency via social media or interviews on TV. The music industry is also interested in joining the bandwagon, with an independent publishing company recently enabling bitcoin payments.</strong> Bitcoin Adoption Comes in Response to the Requests of Prescription Songs Creators According to Variety, …

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Coinbase handled trades and custody for Meitu’s $90M crypto investment

Crypto exchange Coinbase’s institutional custody platform helped execute the purchase and custodying of roughly $90 million of Bitcoin and Ether for Chinese tech company Meitu. In a blog from Coinbase today, the U.S.-based crypto exchange said Meitu used its services to execute up to $90 million worth of crypto transactions “across multiple marketplaces with minimal …

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American Conservative Pundit Ben Shapiro Endorses Bitcoin Hinting at Libertarian Holy Grail

<div class=”featured_image_container”> </div> <strong>The highly popular right-wing commentator devoted a 15-minute Youtube video to inform his followers of the merits and potential that bitcoin, and cryptocurrencies, in general, as an anti-government monetary system. The grassroots embracement of bitcoin is the first of its kind in the alt-right American universe.</strong> Crypto Adoption is Taking a Surprising …

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Mexican Companies Are Willing to Join the Bitcoin Bandwagon in the Wake of Tesla’s Investment, Says Expert

<div class=”featured_image_container”> </div> <strong>Bitcoin-buying frenzy among major companies could hit Mexican firms soon, as interest keeps increasing across the country. An expert is expecting that local businesses will follow the same path as mainstream U.S.-based companies such as Tesla.</strong> Current Bitcoin Performance Could Make Companies Rethink Their Business Models During an interview with El Economista, …

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Bar owner wants to sell two NYC watering holes for $1M in Bitcoin

New York City bar owner and crypto enthusiast Patrick Hughes is offering to sell two of his popular restaurants in the Hell’s Kitchen neighborhood of Manhattan for cryptocurrency. According to a report from the New York Post, Hughes will accept crypto payments in the form of Ether (ETH) or Bitcoin (BTC) for the sale of …

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Is Spotify Looking to Add Crypto as Payment Method? This Job Offer Suggests It

<div class=”featured_image_container”> </div> <strong>Music and podcast streaming service Spotify posted a job offer that woke up interest in the crypto community, as it’s related to supporting cryptocurrencies for payments on the music platform, potentially.</strong> Spotify Is Treading Crypto Waters With a New Job Listing According to the job listing published on the talent acquisition platform …

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