Media pundits and crypto-native business leaders that joined news programs throughout the day treated Tesla’s announcement as a historic moment. The coin’s ethos is being validated by prominent investors and corporations on a regular basis now.
The endorsement from Dalio, the latest in a spree of high-profile investors to express revised views on the asset, is a tepid one and reflects the learning curve some institutional investors are yet to overcome.
BTC mining hardware producer Bitmain’s Co-Founder has resigned as CEO and Chairman. The move seems to bring an end to a power struggle with the firm’s other Co-Founder that has been ongoing since 2018.
Last week, crypto analytics and tracing firm Chainalysis released an excerpt of its 2021 Crypto Crime Report that highlighted a drop in crypto transactions associated with criminal activity in 2020 compared to 2019.
The free 2-day conference, aimed at educating other corporations on how to “plug [BTC] into their balance sheet,” will be watched closely to gauge MicroStrategy’s success in promoting the adoption of BTC.
The statement, an answer to a question regarding the department’s approach to illicit activities and terrorism, speaks to U.S. regulators’ maintaining of crypto policy status quo under the Biden Administration.