Week in review: September 17, 2021 – Bitcoin going global

Written by Robby Ramos
on September 21, 2021

In this week’s newsletter:

  • Ukraine becomes the latest country to legalize Bitcoin.
  • ALT 5 Sigma adds Todd Ruppert and Don Codling (former member of the FBI’s cyber division) to its advisory board.
  • MicroStrategy buys more Bitcoin in Q3.

Read our weekly round up below.

Ukraine Is The Latest Country To Legalize Bitcoin As The Cryptocurrency Slowly Goes Global

The Wall Street Journal: September 9, 2021

Ukraine is the fifth country in as many weeks to lay down some ground rules for the cryptocurrency market, a sign that governments around the world are realizing that bitcoin is here to stay.

ALT 5 Sigma Names Todd Ruppert and Don Codling to Advisory Board

Yahoo Finance: September 15, 2021

ALT 5 Sigma Inc., a global fintech that provides next generation blockchain technologies for digital asset and trading platforms, announced today the appointment of Todd Ruppert and Don Codling to the firm’s advisory board.

MicroStrategy Buys 5,050 More Bitcoin As Total Investment Exceeds $3.1 Billion

Bitcoin Magazine: September 13, 2021

On Monday MicroStrategy CEO Michael Saylor announced that the firm purchased an additional 5,050 bitcoin for about $242.9 million in cash during the third quarter period.

Cathie Wood’s Ark Grants Itself Power To Buy Canadian Bitcoin ETFs

Financial Post: September 13, 2021

Cathie Wood’s Ark Investment Management is allowing one of its funds to invest in Canadian Bitcoin ETFs as the money manager seeks fresh ways to bet on digital assets.

Brevan Howard Expands Further Into Crypto As Institutional Interest Jumps

Reuters: September 13, 2021

Hedge fund Brevan Howard said on Monday that it was expanding its crypto business, the latest sign that institutional interest in the asset class is gaining momentum. Brevan, more famous for its bets on macroeconomic trends, has been among the most high-profile of major hedge funds moving into the world of crypto trading, known for its volatile markets and scope for outsize gains.

Canada’s ‘Mad Max’ Supports Bitcoin — Says ‘I Hate How Central Banks Are Destroying Our Money and Economy’

Bitcoin.com: September 16, 2021

Maxime Bernier, a former cabinet minister nicknamed “Mad Max” and the leader of the People’s Party of Canada (PPC), says he supports bitcoin and cryptocurrencies. “I hate how central banks are destroying our money and economy … cryptos are another new and innovative way to counter this that should be encouraged,” he said.

PayPal’s U.K. Customers Can Now Buy, Sell, and Hold Bitcoin

Crypto Potato: September 17, 2021

Global payments giant PayPal disclosed on Friday that its customers in the United Kingdom can now buy, sell, and hold multiple cryptocurrencies, including bitcoin and ether, directly from their accounts.

Bitcoin Consolidates Above $45K Support, Resistance at $50K

Coindesk: September 17, 2021

Bitcoin (BTC) is trading sideways, indicating a period of consolidation as buyers and sellers appear to be at a stalemate. Resistance is seen around $50,000, which could limit upside into the weekend.

ALT 5 Sigma Forms Agreement with Leading Wealth Manager in Latin America Expansion
Read the full press release here.

Robby Ramos

Robby Ramos

Director of Digital Marketing | Bridging the gap between digital assets and financial institutions.