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MARKETS

Bitcoin Price Falls Below $30,000 With Unexpected 8.3% Inflation Report

Shawn Amick -
CPI inflation data exceeded market expectations, maintaining a near 40-year high of 8.3% as bitcoin falls below its $30,000 line of support.
BUSINESS

NYDIG Partners With Jack Henry & Associates To Offer Bitcoin Services To Banks

Shawn Amick -
Jack Henry & Associates has partnered with NYDIG to offer bitcoin services to legacy financial institutions in software as a service model.
BUSINESS

MicroStrategy Will Never Sell Its Bitcoin, Saylor Suggests

Namcios -
Michael Saylor said that in addition to 115,109 BTC, MicroStrategy could pledge ‘some other collateral’ if needed.
BUSINESS

New York Based Townsquare Media Purchased $5 Million Worth Of Bitcoin

Shawn Amick -
During Q1 2022, Townsquare Media, a digital media company, purchased $5 million of bitcoin stating that the company believes in bitcoin’s “long-term potential.”
MARKETS

Australia’s First Spot Bitcoin ETF To Launch This Week

Shawn Amick -
On Thursday, two separate bitcoin ETFs will launch, one allowing direct access to bitcoin while the other offers shares in a company that offers spot-bitcoin exposure.
MARKETS

El Salvador Buys The Wild Bitcoin Dip With 500 BTC Purchase

Shawn Amick -
President Nayib Bukele announced the purchase of another 500 BTC leaving the total reserves of El Salvador at 2,301 BTC valued at $74 million.
BUSINESS

RCD Espanyol To Become First Spanish Soccer Club To Accept Bitcoin

Shawn Amick -
RCD Espanyol will begin accepting bitcoin and other cryptocurrencies for match tickets, merchandise and food and beverages next season.
BUSINESS

House Sold In Portugal For 3 Bitcoin In Country’s First-Ever Direct Transaction

Namcios -
An apartment in Braga, Portugal was directly sold for bitcoin for the first time in the country, without needing a conversion into euros.
BUSINESS

Central Bank Of Argentina Bans Banks From Offering Bitcoin, Crypto Services

Shawn Amick -
The ban comes just a few days after Argentina’s largest private bank announced it would start offering bitcoin to clients.
BUSINESS

Luna Foundation Surpasses Tesla As Second Largest Corporate Holder Of Bitcoin

Shawn Amick -
Luna Foundation Guard has acquired an additional $1.5 billion of BTC, surpassing Tesla as the second largest corporate holder of BTC valued over $3 billion.
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