Tesla CEO Elon Musk and Square CEO Jack Dorsey are expected to debate during the ‘B Word’ conference.
Following the success of the Square Debit Card and Square Capital, the company is looking to further aid small businesses to better manage their finances.
No matter how urgent and effective the proposals are, it would still take a couple of years for them to become legally binding. EU States and the European Parliament will give the final decision on the proposals.
The company will now offer a special facility where clients can use their Mastercard to conduct crypto transactions.
Over the next five years, institutional investors will pump more funds into investing in digital assets as acceptance of crypto continues.
Amidst China’s clampdown on cryptocurrency operations and anxiety over the virus crisis, Bitcoin has yet again witnessed a record decline in its price.
According to Bloomberg, Iris has been meeting potential investors and seeking an advisor for the concerned matter.
The new fund focused on DeFi tokens will allow the growing pool of investors to trade in decentralized financing.
Ark Invest has continued to double down its bet on Coinbase with several increased ETF positions in the last few weeks.
Nearly 50% of respondents in the survey expect Bitcoin to overtake global finance by 2040, calling it hyperbitcoinization. It will be interesting to see whether if Bitcoin can overtake the traditional financial market in the next two decades.
Amidst the clampdown on Bitcoin miners from China, the difficulty rate drops to nearly half of the latest peak in May 2021.
Notably, ARK also made another tangible investment into the shares of the only publicly listed crypto exchange Coinbase.
SoftBank has made enormous investments into the crypto space recently. For example, it has invested $200 million in a Brazilian company Mercado Brazil.
Bitcoin has been battling with tech, commodities, and ESG to emerge as one of the most popular trades over the last few months. This happens even as BTC price comes crashing down 50% from its all-time high.
Tennessee city’s Jackson Mayor Scott Conger has said that the only vital way through which the economy can be saved from the growing inflation is via adopting Bitcoin as an early form of payment.