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“# Uber and Adyen CEOs both say no to Bitcoin for now ” Chief executive officers at e-commerce firm Adyen and ridesharing and delivery app Uber are not following in Tesla’s Bitcoin footsteps just yet, but for different reasons. In an interview with CNBC’s Squawk Box today, Uber CEO Dara Khosrowshahi said conversations about Bitcoin…
“# Amazon job postings hint at digital payments project to launch in Mexico ” American e-commerce giant Amazon is developing a new service that will allow its customers to shop using digital currency, according to the company’s job postings. According to an official job application on Amazon, the company is now building a tech team…
“# “We don’t plan to invest in Bitcoin,” says CEO of company that made the Pontiac Aztek ” Mary Barra, who has served as the chief executive officer of General Motors for seven years, said the company has no immediate plans to emulate Tesla’s Bitcoin purchase. During GM’s Q4 2020 earnings call today, Barra said…
“# Don’t expect large firms to follow Tesla’s Bitcoin move, JPMorgan says ” Strategists at JPMorgan Chase, one of the largest investment banks in the United States, believe that Tesla’s $1.5 billion Bitcoin (BTC) purchase will not necessarily trigger a ton of similar investments. A group of JPMorgan strategists led by Nikolaos Panigirtzoglou reportedly argued…
“# Bitcoin is a ‘masterpiece of monetary engineering’ Michael Saylor tells Austin Davis ” The financial and economic narratives surrounding Bitcoin (BTC) barely scratch the surface of what makes the digital asset so unique, according to Michael Saylor, CEO of MicroStrategy. In an exclusive interview with Austin Davis for Cointelegraph, Saylor calls Bitcoin “a masterpiece…
“# Twitter looking into Bitcoin payments for employees, says CFO ” Twitter may be the next major company to purchase Bitcoin, according to the tech firm’s chief financial officer. In an interview on CNBC’s Squawk Box today, Ned Segal, who has served as the CFO of Twitter since 2017, responded to questions about how Twitter…
“# Too late for Tether ‘FUD’ as Bitcoin price poised to hit $63K, says trader filbfilb ” Bitcoin (BTC) will never be the same and it’s too late to use Tether (USDT) as an excuse to be bearish, Cointelegraph Markets analyst filbfilb says. In a series of tweets on Feb. 10, the popular analyst and…
“# Tesla’s $1.5B Bitcoin purchase leaves treasury experts scratching heads ” Corporate treasury commentators are criticizing Tesla’s $1.5 billion Bitcoin splurge, echoing the well-worn rhetoric of BTC’s volatility. Speaking to Financial Times, Jerry Klein, managing director at New York-based investment management firm Treasury Partners said that there was no use case for plowing corporate cash…
“# South Africa learns a hard crypto lesson amid fast growing demand ” Authorities in South Africa appear to be paying closer attention to the cryptocurrency space in 2021 in the wake of a major Bitcoin (BTC) Ponzi scheme and increased trading activity. As a result, the South African Financial Sector Conduct Authority has called…
“# Bitwise files intent with SEC to launch ‘Crypto Innovators ETF’ ” Bitwise, one of the world’s largest cryptocurrency fund managers, has filed a new prospectus with the United States Securities and Exchange Commission, or SEC, to launch an exchange-traded fund for so-called “crypto innovators.” The fund manager filed Form N-1A with the securities regulator…