Tesla & SpaceX Adding BTC to Their Balance Sheet is Inevitable – Pomp

Quick take: Anthony Pompliano sees Tesla and SpaceX adding Bitcoin to their balance sheet This comes after Elon Musk changed his Twitter bio to simply read ‘Bitcoin’ Bitcoin has since rallied from the $32k price area to around $38k Back in late December, Michael Saylor had suggested that Elon convert Tesla’s balance sheet to Bitcoin Popular Bitcoin bull and crypto personality, Anthony Pompliano, has forecasted that it is ‘now inevitable’ that Tesla and SpaceX will add Bitcoin to their Balance sheet. Below is the tweet by Mr. Pompliano making the…

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Pantera Capital CEO: We’re Very Bullish on Ethereum (ETH) and Polkadot

Quick take: Pantera Capital CEO has stated that the firm is bullish on Ethereum (ETH) and Polkadot (DOT) This is due to the amount of DeFi projects built on both networks Pantera Capital has increased its non-bitcoin and non-Ethereum share from 16% to 21% Its Liquid token fund is long 62% on non-bitcoin and non-Ethereum assets Both Ethereum and Polkadot are hinting of bullishness as the month comes to a close The CEO of Pantera Capital, Dan Morehead, has shared that the company is very bullish on Ethereum (ETH) and…

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Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route

The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution to underwrite the settlements. Coinbase to Skip IPO Process, Shoots for a Direct Listing Just recently people familiar with the matter received a tip that the exchange giant Coinbase had plans to sell shares privately ahead of the IPO. In mid-December, Coinbase revealed the confidential filing of…

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Bitcoin SV hits new transactions per second record at over 9,000

Bitcoin SV‘s (BSV) Scaling Test Network (STN) hit a new record this week, processing over 9,000 transactions per second at one point on January 26. Its previous record was ~6,500 tps in December 2019. Despite being a testing network, the STN shares most of its technical capabilities with the BSV mainnet—once again disproving the notion […] This Blockchain Press Release: Bitcoin SV hits new transactions per second record at over 9,000 appeared first on Blockchain Press Releases Post source: Bitcoin SV hits new transactions per second record at over 9,000…

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Analyst says Bitcoin price sell-off may occur as Chinese New Year approaches

Bitcoin is struggling to retake the $35,000 level as one analyst predicts miners will continue selling BTC ahead of the Chinese New Year holiday. On Jan. 29 Bitcoin (BTC) price briefly rallied to $38,500 before retracing the move and spending the majority of the day struggling to reclaim $35,000.  The wild breakout in Bitcoin price has partially been attributed to Elon Musk changing his Twitter profile to simply “#Bitcoin,” which Musk subsequently followed up with a cryptic tweet saying “In retrospect, it was inevitable.” Dogecoin (DOGE) also continued to make…

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