American Residential Warranty (ARW) has announced that it’s now adding bitcoin (BTC) to its balance sheet and will accept the world’s flagship crypto as a legitimate payment option for its services. ARW Joins the Bitcoin Movement American Residential Warranty (ARW), a Florida-based home warranty plan company established in 2009, has revealed via a recent statement that it’s now looking to add bitcoin (BTC) to its balance sheet. To make its bitcoin investment move as seamless as possible, ARW has joined forces with the Gemini crypto exchange. Gemini will help ARW…
Day: March 12, 2021
How women are changing the face of enterprise blockchain, literally!
Women working in the blockchain sector are still few and far between. While exact statistics are unclear, technology has, in general, remained a male-dominated field. For instance, a recent report from Deloitte found that only 7% of fintech startup founders are women. The report also noted that startups founded and co-founded by women have struggled to raise funds during the COVID-19 pandemic. Findings show that during the first six months of 2020, 20 women-led startups raised a total of $875 million. On the other hand, 243 startups founded by men…
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CZ responds to reports of Binance investigation: story has no “teeth”
Shortly after a Bloomberg report on Friday that cryptocurrency exchange Binance was under investigation for permitting US residents to place unlawful trades, Binance founder and CEO Changpeng Zhao (better known as CZ) dismissed the reports during a live AMA on Clubhouse, saying that the report had “no teeth.” “This is a topic that just came up, literally like a few minutes ago or a hour ago,” said CZ. “So number one, the news article said there was no, I don’t have it in front of me, there was no “misconduct,”…
Microstrategy Scoops up 262 Bitcoin, Treasury Holds 91K BTC at an Average of $24K per Coin – Bitcoin News
On March 12, the publicly-listed firm Microstrategy announced the company purchased an additional 262 bitcoin for $15 million in cash. The company’s CEO Michael Saylor announced the acquisition of the coins during the morning hours on Friday (ET) to his 623,000 Twitter followers. Microstrategy Tells US Regulators It Swapped $15 Million in Cash for 262 Bitcoin Seven days ago, on March 5, Bitcoin.com reported on Microstrategy leveraging $10 million in cash to purchase 205 bitcoin (BTC). On March 12, Microstrategy announced another acquisition of $15 million worth of bitcoin in…
Ethereum Bulls Defend Key Support as Market Retraces; What to Watch For
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum and the entire cryptocurrency market has been caught within the throes of a powerful upswing throughout the past few days. #altcoinprice #ethbtc #ethusd #ethusdt #crypto #blockchain ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Bitcoin Slides 5% From Recent Highs Amidst Binance CFTC Probe Revelation
Bitcoin price just pulled back 5% from the now rejected retest of the asset’s current-standing all-time high. The leading cryptocurrency by market cap was struggling with resistance as it was, but news breaking that Binance is the focus of a CFTC probe caused the pullback to worsen sharply. Here’s a brief breakdown of what’s going on in this developing situation, and what this could mean for the cryptocurrency’s ongoing uptrend. Breaking: Commodity Futures Trading Commission Opens Investigation Into Binance According to a breaking report circulating from Bloomberg News, leading cryptocurrency…
Can crypto markets see another huge crash?
It is no secret that March 12, 2020, marked one of the darkest days in crypto history. This was the day when Bitcoin (BTC) witnessed one of the largest single-day price dips in its decade-long existence, swooping from $8,000 to a staggering low of $3,600, albeit briefly, just for a matter of minutes. To put things into perspective, within a span of just 24 hours, over $1 billion worth of BTC longs were liquidated, causing one of the most intense value drops witnessed by the digital market in its brief…
Ask Yourself 3 Questions Before Trading Bitcoin
To say that Bitcoin steals the spotlight of stocks and most other assets would be an understatement. The biggest cryptocurrency by market cap reached its all-time high price of $58,012 and valued at $1 trillion in February. Although its price tumbled to $43,000, following the footsteps of the stock market, Bitcoin has gained over 1200% from its in the past years. Still, market sentiments are divided on whether Bitcoin is a scam or the very tool to transform our payment system. Its high volatility means that traders can multiple their…
$1.9 Trillion Stimulus Package Signed by Biden, Checks to Hit Bank Accounts by Weekend
The massive stimulus bill was passed through Congress without any actual backing from the Republicans. On Thursday afternoon, US President Joe Biden signed the $1.9 trillion stimulus package as the coronavirus relief bill. The President’s approval comes immediately after the House of Democrats approved the bill earlier this week. This is the first major stimulus bill passed by the President after joining the White House in January 2021. The stimulus aims to provide direct payments of $1400 to most Americans. Soon after the President signing the bill, White House press…