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Daily Bitcoin and Crypto Analysis

This Week in Crypto…

March 7, 2021
Over the weekend, Google Finance added a “crypto” tab to their website, accessed through finance.google.com. The section provides searchers with live pricing.

Tim Draper shared the opinion that Netflix is likely one of the next companies to add Bitcoin to its balance sheet. He stated: "I think Reed Hastings is a very innovative guy and has a lot of creative thinking and I think he still controls the reins at Netflix and so I think that might be the next big one to fall."

On Monday…

MicroStrategy purchased another $15 million worth of Bitcoin, at around $45,710. The company now holds 90,859 Bitcoin.

Indian crypto bank Unicas opened a third physical branch in New Delhi, despite an impending potential crypto ban. The bank already has branches in Jamnagar and Jaipur.

On Tuesday…

DogeCoin is now available for purchase at 1,800 ATMs across the United States via Coinflip. These ATMs are distributed across 40 of the 50 states.

HGreg, a Canadian auto dealer, now accepts Bitcoin payments for its vehicles. The company sells both new and used cars of all varieties, and has locations in Quebec and Florida.

On Wednesday…

Ninepoint Partners, a Canadian investment manager, announced its intentions to offer an exchange-traded fund on the Toronto Stock Exchange by converting its current Bitcoin trust into an ETF.

On Thursday…

The Dallas Mavericks, the Texan basketball team, now accept DOGE payments for tickets and merchandise. Mark Cuban, team owner and Bitcoin supporter, said: It's real. And why wouldn't we take it? Our payment gateways support it. We will HODL any we get. And it's great PR and fun to take it!”

Argo Blockchain CEO Peter Wall became the first executive of a public company to be paid fully in Bitcoin. Argo is a British mining company.

On Friday…

The Ethereum London hard fork is now scheduled for July. This fork includes a long-awaited gas fee overhaul which will reduce payments.


For more information on these stories, visit:
Google Finance: https://www.google.com/finance
Netflix: https://www.youtube.com/watch?v=M6nSWFRFTJM
MicroStrategy: https://twitter.com/michael_saylor/status/1366375915559792640
Unicas: https://cointelegraph.com/news/crypto-bank-opens-physical-location-in-india-s-capital-as-potential-regulatory-ban-looms
DogeCoin: https://www.prnewswire.com/news-releases/coinflip-lists-dogecoin-across-its-network-of-1-800-atms-nationwide-301237864.html
HGreg: https://www.businesswire.com/news/home/20210301005962/en/HGreg-Now-Accepts-Cryptocurrency-Payments
Ninepoint: https://www.globenewswire.com/news-release/2021/03/03/2186180/0/en/Ninepoint-Proposes-Conversion-of-Bitcoin-Trust-into-Exchange-Traded-Fund.html
Mavericks: https://twitter.com/dallasmavs/status/1367535317985730572
Peter Wall: https://www.coindesk.com/listed-crypto-miner-argo-blockchain-now-pays-ceo-in-bitcoin
London Fork: https://www.nasdaq.com/articles/ethereums-eip-1559-fee-market-overhaul-greenlit-for-july-2021-03-05

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