Amazon shareholders call for the company to hold 5% of its assets in Bitcoin

MicroStrategy’s stock has outperformed Amazon’s stock by 537% in the past year The proposal calls for Amazon to include some Bitcoin to maximize shareholder value without taking on too much risk Last week, Michael Saylor, CEO of MicroStrategy called on Microsoft to adopt Bitcoin, calling it “digital capital” A group of Amazon shareholders has requested […]

BitGo and Swan partner to launch a Bitcoin-only trust company

Key takeaways BitGo and Swan to launch a new trust company Crypto custodian BitGo and bitcoin financial services firm Swan have announced plans to launch a Bitcoin-only trust company.  According to the press release published on Thursday, the Bitcoin-only trust company will offer custody without exposure to other digital currencies. The trust, which will be launched […]

Bitcoin may be world’s largest insurance company

Pompliano argues that Bitcoin’s unique properties make it an attractive insurance asset for a variety of reasons. He says Bitcoin provides insurance against a variety of risks, including, currency debasement and sovereign default. Bitcoin critics however point to things like the volatile nature of crypto assets and meagre adoption as reasons why it might not […]

Multi-billion dollar company adds SHIB as payment option

Fireblocks will allow merchants to integrate Shiba Inu (SHIB) directly into their operations and process them faster, at lower costs, and with greater transparency. The Shiba Inu (SHIB) burn activity also shot up 1900 percent this week contributing to its price rally. Memecoin Shiba Inu (SHIB) has been getting a lot of traction recently. In […]