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NASDAQ-Listed Company Buys $175M in Bitcoin | Bitcoin News Summary Sep 21, 2020

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The decentralized exchange, Uniswap has launched its own governance token called UNI which had a massive impact on the entire crypto market. Especially on Ethereum, as network fees have soared again. The value of the token skyrocketed after its launch as major exchanges like Binance, Coinbase and OKeX listed the token almost immediately.

Cryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. Kraken Financial can now provide comprehensive deposit-taking, custody and fiduciary services for digital assets in Wyoming. The banking operations will soon operate globally.

Cryptocurrency exchange, Coinmama has become the first crypto exchange authorized to offer ApplePay as a payment option. ApplePay has previously been incorporated by other crypto exchanges, as its API is available to any developer, but Coinmama is the first crypto exchange officially approved by Apple.

The peer-to-peer Bitcoin exchange, Paxful is pulling out of Venezuela. According to a video tweeted by Paxful, the increasingly strict regulations have hampered the P2P bitcoin exchange’s ability to provide services to Venezuelans. New Venezuelan account creation will be disabled and existing users will have 30 days to withdraw their funds.

MicroStrategy, a NASDAQ-listed company, has bought another $175 million worth of Bitcoin. This is the second time the company has purchased BTC, and its total holdings now amount to almost half a billion US dollars.

And now, this week’s Bitcoin Quick Question is: Is it possible to get Bitcoin for free?

Well, if there’s one thing life has taught me, it’s that nothing comes for free. Bitcoin is just like any other real money so there is no fast and easy way to earn them. 

But, to answer the question: yes – there are several ways to acquire Bitcoins for free.

For example, you can visit Bitcoin faucet sites. These sites will give you a small amount of Bitcoins just for visiting them.

There are also ways you can shop online and receive Bitcoin cashbacks for products you were going to buy anyway.

However, the best way would be to take surveys, watch videos and most importantly – learn.

Coinbase and OKEx, for example, released an academy that pays you in tokens to learn about their underlying technologies. 

If you want some more ideas how you can earn Bitcoin and other cryptocurrencies, visit the link in the description below.

Have a question you want us to answer? Just leave it in the comment section below. 

And a huge thanks to eToro for supporting us in putting this video together.

That’s what’s happened this week in Bitcoin. See you next week.

Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including investments in gold and, since early 2013, Bitcoin. While not extensively tech-savvy, I've immersed myself in Bitcoin through dedicated study, persistent questioning, hands-on experience with ecommerce and marketing ventures, and my stint as a journalist. Writing has always been a passion of mine, and presently, I'm focused on crafting informative guides to shed light on the myriad advantages of Bitcoin, aiming to empower others to navigate the dynamic realm of digital currencies.

View all Posts by Alexander Reed

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