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“# Major players will speak at a new Bitcoin event aimed at institutional investors ” The Crypto Council for Innovation is hosting a virtual event on July 21 aimed to “destigmatize mainstream narratives about Bitcoin.” According to a Thursday announcement, Square, Ark Invest, and Paradigm are backing The ₿ Word, an event on “how institutions…
“# Texas crypto users will soon be able to buy and sell tokens at major supermarket chain ” Shoppers wanting to cash out their crypto holdings to buy groceries may soon be able to do so at many H-E-B supermarkets in Texas. According to a Friday report from the Houston Chronicle, crypto ATM firm Coin…
“# Pro basketball league in Canada will offer players Bitcoin salaries ” The Canadian Elite Basketball League will be allowing players from its seven teams to accept a portion of their salaries in Bitcoin starting next week. According to a Thursday announcement, the Canadian Elite Basketball League, or CEBL, has partnered with Toronto-based cryptocurrency exchange…
“# Hawaii had largest increase in demand for crypto out of US states this year ” A new report from MiQ Digital indicates that demand for cryptocurrency has increased the most in the U.S. states of Hawaii and California in 2021. According to data gathered from Google Trends comparing the average interest from 2020 to…
“# NASCAR driver opts for crypto payment in sponsorship deal ” Landon Cassill, a professional race car driver in NASCAR’s Xfinity Series, will be receiving part of his salary in Bitcoin and Litecoin as part of a sponsorship with crypto broker Voyager. According to a Thursday report from the Associated Press, Voyager has finalized a…
“# El Salvador reportedly weighing paying employees in Bitcoin ” Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should pay their employees in Bitcoin. According to local radio station 107.7 Fuego GMV, Castro has discussed the issue of employers…
“# Following massive BTC purchase announcement, MicroStrategy says it may sell up to $1B in stock ” The same day business intelligence firm MicroStrategy announced it would use $488 million from the proceeds of a private offering sale to buy Bitcoin, the company said it may also sell up to $1 billion of its stock…
“# MicroStrategy could hold more than $4B in Bitcoin after latest private offering and crypto purchase ” Business intelligence company MicroStrategy has completed its $500 million offering of secured notes, and said it plans to use the proceeds to purchase Bitcoin. In a Monday announcement, MicroStrategy said it had sold $500 million worth of senior…
“# IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin ” The International Monetary Fund has said El Salvador’s recent decision to make Bitcoin legal tender in the country may raise legal and financial concerns. In a Thursday press briefing from the International Monetary Fund, or IMF, spokesperson Gerry Rice…
“# El Salvador’s president wants to build volcano-powered crypto miners ” Nayib Bukele’s plans for crypto in El Salvador are still in motion, with the president now calling for a geothermal power company to make certain facilities available to Bitcoin miners. In a Wednesday tweet from Bukele, the president said he would be instructing Mynor…