Cryptocurrency

Microsoft shareholders on Tuesday voted down a proposal that would’ve seen the tech giant explore investing in bitcoin as a means of diversifying its assets. The proposal, which was put forward by a conservative think tank known as the National Center for Public Policy Research, would have directed Microsoft’s board to conduct an assessment about […]

Google has made a significant leap in quantum computing with the introduction of its new chip, Willow, which boasts 105 qubits of computational power. The chip can solve problems in under five minutes, which would take today’s most advanced supercomputers billions of years to compute. While the breakthrough is a monumental step forward for quantum computing, it […]

Google’s announcement of its breakthrough Willow quantum processor has reignited debates about crypto security, with some observers suggesting quantum computers could break Bitcoin’s encryption. The tech giant claims its new quantum computing chip can complete certain calculations in five minutes, which would take traditional supercomputers an impractical amount of time to process. Quantum computing is […]

Bitcoin mining hardware firm Bitmain says it has expanded its production line to the United States to improve supply chain efficiency, while trade tensions continue to escalate between China and the US. “This strategic move aims to provide faster response times and more efficient services to the North American customers,” China-based Bitmain said in a […]

MicroStrategy Inc. bought another $2.1 billion in Bitcoin while its combination of equity and fixed-income securities sales to finance the rapidly increasing acquisitions draws increased scrutiny. It was the fifth consecutive Monday that the Tysons Corner, Virginia-based firm announced purchases of the digital asset. Co-founder and Chairman Michael Saylor has accumulated Bitcoin now worth more […]

Amazon shareholders at a conservative think tank have sent a proposal to the retail and tech giant, urging it to create a Bitcoin treasury reserve following a record-breaking run for the largest cryptocurrency. In a shareholder proposal dated December 6, The National Center for Public Policy Research asked Amazon to consider holding at least 5% […]

Several key players in President-elect Donald Trump’s new cryptocurrency venture head to Abu Dhabi on Monday for the largest bitcoin gathering in the Gulf region as the digital currency sets record highs. Speakers include the president-elect’s son Eric and billionaire Steve Witkoff, the new White House envoy for the Middle East and co-founder of World […]

All eyes are on Bitcoin (CRYPTO: BTC) after the cryptocurrency breached the $100,000 mark. Many investors think it’s too late to jump in. But according to growth investor Cathie Wood, the best is still to come. In fact, one crypto ETF tracks an investment of hers that Wood believes has more than 1,500% in potential upside over the next few years. […]

While Bitcoin has achieved a historic milestone of $100,000 and garnered support from prominent leaders like President-elect Donald Trump and Russian President Vladimir Putin, Microsoft (MSFT) has yet to decide whether to invest in the cryptocurrency. The tech giant is set to make its decision this Tuesday. On December 10, shareholders of the tech giant […]

It was a long, grueling path for many in the crypto world, but it finally happened: The price of bitcoin crossed the $100,000 mark for the first time. Beyond making bitcoin holders quite happy, given the digital currency has risen more than 50% in the past two months, the milestone reached on Wednesday provided some […]