Pfizer’s Pandemic Vaccine News Fails to Dampen Interest in Bitcoin

Pfizer's Pandemic Vaccine News Fails to Dampen Interest in BitcoinThe recent announcement by Pfizer of a potential Covid-19 vaccine sparked an immediate rally of global stocks worst hit by the pandemic response. The rally helped major indices including the New York Stock Exchange (NYSE) Composite Index and Europe’s Stoxx to go up by approximately 4%. Bitcoin’s Decoupling On the other hand, stocks that benefited […]

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Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC

Square's Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTCSquare Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s Major Bitcoin Buy Square Inc. announced Thursday that it has bought approximately 4,709 bitcoins […]

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