Square $SQ has purchased another $170 million worth of #bitcoin

SAN FRANCISCO–(BUSINESS WIRE)– Square, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2020 on the Financials section of its Investor Relations website at investors.squareup.com and filed these results with the Securities and Exchange Commission. Square will host a conference call and earnings webcast at 2:00 p.m. Pacific time/5:00 …

What happens when Bitcoin runs out?

So what happens when Bitcoin supply runs out? I have been thinking of this non stop as I can not put my finger on this. So help me out if you can. Here is what I have been thinking about:   Some information: There are 21,000,000 Bitcoin. So here is the thing anyone who has …

Binance Labs Leads Strategic $12M Investment Round in MathWallet

Welcome to ICO Announce today we are talking about Binance Labs  who have been said to have led a strategic $12 Million dollar series B in MathWallet: You may recall that MathWallet was one of the first crypto wallets to support the Binance Smart Chain. It is reported that Binance Labs  led the Series B …

Which hedge fund has quietly been buying 1 Billion dollars of cryptocurrencies

Which hedge fund has been buying over a billion dollars in crypto? Eric Peters (chief executive officer of One River Asset Management) said in an interview he set up a new company to take the opportunity on the growing interest in cryptocurrencies among institutional investors. In addition to its initial purchases, One River Digital Asset …

How much bitcoin was traded in Silk rd?

How much bitcoin was traded in Silk rd? So this is a curious question about Silk Rd and thinking about how much bitcoin flowed through it when it was super cheap? Maybe we will start for those of you that do not know what Silk Rd is and what role it played in the crypto …

Citigroup Inc bullish on Bitcoin

Citigroup has been reported to say that the bank has been partnering with central banks globally to build Central Bank Digital Currencies. Speaking on Friday CEO Michael Corbat  said at the Bloomberg Invest Talks ” CBDCs are the inevitable future of money”. Michael Corbat , who took over at the helm in 2012, didn’t reveal the …

What is Satochi Nakamoto’s net worth?

This all depends if it is a single person or a group, however detective work looking at the active early wallets indicate that Satochi Nakamoto’s net worth in 2020 /21 would be around $20,000,000 USD. This means that if as predicted the price of bitcoin goes up to $115,000 then Satochi Nakamoto;s net worth would …

Craig Wright says Bitcoin was never designed to be censorship resistant

Dr Craig Wright explains that $Bitcoin was not designed to be censorship resistant, why that is the case? as well as why the nodes in a network have a hierarchical structure? Dr Craig Steven Wright is an Australian software businessman. Dr Wright in the past publicly claimed to be the main part of the team …

How many Bitcoin are there?

There are twenty one million bitcoins as designed by Satochi. Bitcoin availability changes approximately every ten minutes and at the time of writing this there are approximately eighteen million available bitcoins.     So a good question is what is the maximum amount of Bitcoin? The maximum and total amount of bitcoin that can ever exist …