Bitcoin News Roundup for April 6, 2020

The business intelligence company already has 70,784 bitcoins.MicroStrategy CEO Michael Saylor(CoinDesk archives)Jan 28, 2021 at 9:31 p.m. UTCMicroStrategy May Get Creative to Make Future Bitcoin Buys: CEOMicroStrategy CEO Michael Saylor pledged to keep pouring the business intelligence company’s excess cash into bitcoin Thursday, telling investors his team will also “explore various approaches” for additional buys.…

Preston Byrne is a partner in Anderson Kill’s Technology, Media and Distributed Systems Group, and a CoinDesk columnist. He joins CoinDesk Features Editor Ben Schiller to discuss his recent op-ed about GameStop, Robinhood and the rise of online mobs.Schiller spoke to Byrne about:The rise of online mobs from GameStop to Capitol Hill and how the…

Dec 17, 2019 at 21:00 UTCUpdated Dec 17, 2019 at 21:14 UTCCryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering, which valued the company at $1.3 billion.The stock price has declined in all but four of the first 17 trading sessions since the Hangzhou-based company’s Nov. 21…

news The transactions of over 700 cryptocurrencies are now searchable via the blockchain analytics offering from CipherTrace. That means more than 87 percent of the top 100 cryptocurrencies by volume can now be traced through the API service, the company said Tuesday. Backed by notable firms like Galaxy Digital, CipherTrace has most recently been involved…

Tether invests most of its reserves in U.S. treasury bills and other securities to return billions in profit.Ardoino said it will allocate a percentage of this for deals.Stablecoin developer Tether's investment arm expects to make deals worth $1 billion in the next year, CEO Paolo Ardoino has said, according to a Bloomberg report on Tuesday.01:11Why

The latest contender for the leadership of the Republican Party said he is an advocate for crypto.“The current regime, clearly, has it out for Bitcoin,” Ron DeSantis said during a Twitter space with Elon Musk and venture capitalist David Sacks in which he officially announced his bid for U.S. president. “And if it continues for…

Jan 7, 2021 at 6:04 p.m. UTCUpdated Jan 7, 2021 at 6:26 p.m. UTCCoinbase CEO Brian Armstrong(CoinDesk archives)Coinbase Acquires Routefire to Beef Up Institutional Bitcoin OfferingLeading U.S. crypto exchange Coinbase has acquired trade execution startup Routefire. The terms of the deal were not disclosed.“While we’ll no longer be supporting the Routefire platform, we are very…

news After years of talking about it, the Inter-American Development Bank is for the first time testing out a blockchain for land registries. Next month, the global organization will embark on a two-year project to put land registration and lending in three Latin American countries on a blockchain. The IADB, the largest source of development financing…

Jan 21, 2020 at 09:00 UTCThe Canadian government has awarded enterprise blockchain startup Mavennet a procurement contract for the development of an on-chain steel-tracking platform.Innovation, Science and Economic Development Canada (ISED), a government agency with the mandate to foster technology innovation, published a procurement award on Nov. 12 that will fund the R&D project for…