GoldenTree, $41 billion hedge fund, puts Bitcoin on its balance sheet

GoldenTree has joined the slow march of hedge funds, insurance firms, and publicly-traded companies adding Bitcoin to their balance sheet, according to The Street. The firm has $45 billion in assets under management.

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Elon Musk is talking Tesla + Bitcoin at ‘The ₿ Word’, follow along here [Liveblog]

Last month, Elon Musk and Jack Dorsey announced on Twitter that they would be leading a panel at “The B Word” to talk Bitcoin. Today’s the day, and the talk is titled “Bitcoin As A Tool For Economic Empowerment”. It’s happening live on the The B Word’s website, and you can follow our liveblog here.

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Translated: Elon and Jack plan a Bitcoin date at ‘The B Word’

I don’t blame you if you had a hard time following a recent Twitter exchange between Tesla CEO Elon Musk and Twitter CEO Jack Dorsey. Here’s a translation: Elon is planning to sit down with Jack to talk about Bitcoin at an upcoming Bitcoin event called ‘The B Word’, and the conversation will likely revolve around Bitcoin’s energy use.

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El Salvador announces plan to make Bitcoin legal tender

El Salvador has announced its plan to make Bitcoin legal tender in the country, marking a first for the decentralized cryptocurrency. CNBC reports: El Salvador is looking to introduce legislation that will make it the world’s first sovereign nation to adopt bitcoin as legal tender, alongside the U.S. dollar. In a video broadcast to Bitcoin…

UK cop drone mis-IDs pot farm, uncovers illegal Bitcoin mine

Police in the UK raided a building in a West Midlands warehousing zone after readings taken by their drone convinced them a large marijuana farm was inside. Instead they found a massive operation illegally mining Bitcoins.

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Apple seeking person with cryptocurrency background for new ‘Alternative Payments’ job

Apple is looking to expand its Apple Wallet team with someone experienced in cryptocurrency and other alternative payment solutions, according to a new job opening posted this week. The position was first spotted by CoinDesk, and it is specifically for a “Business Development Manager – Alternative Payments.”

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NYDIG founder Ross Stevens talks Bitcoin macro topics in second-ever interview

Ross Stevens is the CEO and founder of NYDIG, the Bitcoin subsidiary of Stone Ridge, a $10 billion alternative asset manager. He and his firm have had a profound impact on institutions taking advantage of Bitcoin over the last several months. Today, Ross has made his second-ever appearance in an interview with Andrew Tsia at the MacroMinds Charitable Investment Symposium.

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ProtonMail says that it holds a ‘significant portion’ of its reserves in Bitcoin

Popular anonmyous encrypted email service ProtonMail has announced that it holds a “significant portion” of its financial reserves in Bitcoin. This comes a few years after ProtonMail first announced that it would accept Bitcoin as payment for its services.

Elon Musk suggests Tesla is committed to holding the Bitcoin he criticized last week

Elon Musk wasn’t exactly the most popular person amongst Bitcoiners last week. He spent several days criticizing Bitcoin’s energy usage (so much so that he walked back Tesla’s earlier decision to accept Bitcoin for vehicles), and pumping up his favorite altcoin, Dogecoin. Now, as the Bitcoin market takes a massive plunge, Elon says that he’s not selling Tesla’s Bitcoin holdings.

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Bitcoin and crypto markets take their biggest plunge since March 2020

Bitcoin and the cryptocurrency market as a whole is down massively from its all-time high just a month ago. Bitcoin slid more than 20% today and is down more than 40% over the last 7 days. The cryptocurrency market cap as a whole slid over $1 trillion since last week.

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