Heritage Distilling, a Nasdaq-listed craft distillery, has announced that its board of directors has made a decision to start holding Bitcoin as a strategic asset. The Washington-based distillery will also start accepting Bitcoin payments in order to potentially attract a new set of buyers. The company has noted that a new accounting rule will allow it […]
Category Archives: Bitcoin (BTC)
The latest Bitcoin news
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Rep. Guy Reschenthaler (R-Pa) recently disclosed various cryptocurrency purchases. The 41-year-old US lawmaker now owns such cryptocurrencies as Ripple-linked XRP, Solana (SOL), and Bitcoin (BTC). All of these purchases were in the range of $1,000-$15,000. Mike Collins (R-Ga) also disclosed a purchase of Ski Mask Dog (SKI) earlier this year. Barry Moore (R-Al) and Jeffrey Jackson […]
Peter Brandt, one of the most popular commodity traders, has crowned XRP as the “leader of the pack” in his recent social media post. The Ripple-affiliated cryptocurrency has surged by more than 10% over the past 24 hours, racing ahead of the broader cryptocurrency market. With a market cap of $146 billion, the token retains its […]
According to a recent report by Bloomberg, hedge fund manager Scott Bessent, who was recently nominated to be the new Treasury secretary, will divest his Bitcoin ETF holdings. The billionaire American investor owns no more than $500,000 worth of shares of BlackRock’s iShares Bitcoin Trust ETF (IBIT). Overall, Bessent has listed more than $500 billion worth […]
JPMorgan CEO Jamie Dimon has not warmed up to Bitcoin despite the fact that the cryptocurrency is experiencing broader institutional acceptance. During a recent interview with CBS, the influential banker said that he did not feel “great” about Bitcoin, insisting that the cryptocurrency actually has no intrinsic value. Moreover, he mentioned that Bitcoin is being […]
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Virginia-based business intelligence firm MicroStrategy has purchased an additional $243 million worth of Bitcoin, according to a Monday filing. This time, the average purchase price was $95,972 per Bitcoin. This is the 10th consecutive weekly Bitcoin announcement made by the company. As reported by U.Today, the leading corporate Bitcoin holder previously revealed a $101 million Bitcoin purchase […]
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
Cliff Asness, one of the most prominent hedge fund managers, remains a Bitcoin skeptic despite the cryptocurrency’s record-shattering rally. During a recent interview with CNBC, Asness suggested that the crypto king could be a “bubble,” arguing that it had no legitimate use case. With that being said, Asness said that he would refrain from shorting […]