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Another Multi-Billion Dollar Company Turns to Bitcoin as a Dollar Hedge | Crypto Briefing

August 6, 202011 months ago CoinCap 0 Comments Bitcoin, Business, Cardano, Chainlink, Crypto, Cryptocurrency, DeFi, Lend, Tezos, Tron, VEChain

Key Takeaways

MicroStrategy is investing $250 million in a range of assets, including Bitcoin.
The company’s rationale primarily hinges on Bitcoin’s ability to hedge against a frail dollar.
Bitcoin’s capital appreciation and hedging properties will entice larger investors to adopt the digital asset.

← IOTA’s Price Aims to Erase Effects of Trinity Hack, Coronavirus Crash – Ethereum World News
Copper’s upgrade lets large investors trade in crypto derivatives →

Indian Crypto Exchange Launches Country’s First NFT Marketplace

June 2, 20213 weeks ago CoinCap 0

India-based crypto exchange WazirX launched the first NFT marketplace in the country. The exchange, owned by Binance, will run on the Binance Smart Chain.
The project aims to become the go-to spot for artists in India to display and sell their digital work.

BTC Breaks $12k on the Eve of Grayscale’s Bitcoin TV Ad Campaign – Ethereum World News

August 10, 202011 months ago CoinCap 0

Quick take:

The digital asset management firm of Grayscale kicks off a national ad campaign in the US.
The first ad will be aired today, at 7 am ET on CNBC.
Bitcoin has managed to retest $12k on the eve of the Grayscale’s ad campaign.

Elon Musk Taps Crypto as the Future of Currency on Earth – BeInCrypto

February 8, 20214 months ago CoinCap 0

Tesla CEO Elon Musk thinks there’s “a good chance” cryptocurrencies will be the future of money on Earth.

The Global Cryptocurrency System
Elon Musk, the world’s richest man, said in a video recorded by The Hollywood Fix that “there’s a good chance cryptocurrency is the future currency of Earth”.