In the summer of 2024, the German government made a decision that has sparked controversy and scrutiny. The government sold approximately 50,000 Bitcoins, resulting in net proceeds of $2.88 billion. However, recent reports have revealed that this decision led to a missed …
MicroStrategy, the software giant led by Michael Saylor, has once again made headlines in the cryptocurrency world by investing an additional $2 billion in Bitcoin. This move comes as Bitcoin continues to soar to new heights, with the world’s most popular cryptocurrency …
Stock shares in Michael Saylor’s MicroStrategy (MSTR) reached a new all-time high on Tuesday afternoon, hitting $357.37 per share with an intraday market cap of $70.138 billion. The surge in stock value came after the company’s announcement of purchasing an additional 27,200 …
MicroStrategy, a leading business intelligence company, has once again made headlines in the cryptocurrency world by purchasing an additional 27,200 Bitcoin, valued at an impressive $2.03 billion. This move reaffirms the company’s commitment to Bitcoin as CEO Michael Saylor took to social …
Apple CEO Tim Cook recently made headlines after disclosing that he has been holding Bitcoin for about three years. In an interview with DealBook’s Andrew Ross Sorkin, Cook stated that he believes holding Bitcoin is a “reasonable” part of a diversified portfolio, …
El Salvador’s bold move to adopt Bitcoin as legal tender in 2021 is paying off in a big way, as the country’s Bitcoin investment has now surpassed a $119 million profit. This success comes as the leading cryptocurrency continues to enjoy an …
In a surprising turn of events in the cryptocurrency world, Dogecoin (DOGE) has just surpassed XRP in market cap, marking a significant shift in the dynamics of blockchain technology. As of November 10, 2024, Dogecoin is sitting at around $0.188, securing the …
The cryptocurrency industry was abuzz with excitement over the weekend as the market saw an uptick in prices. However, amidst the celebrations, one of the biggest players in the industry, Binance, found itself in hot water once again. The prominent cryptocurrency exchange …
Since the collapse of the FTX exchange in November 2022, major crypto exchanges have experienced significant changes in their Bitcoin reserves. The inability of FTX to maintain sufficient reserves to meet user requests exposed flaws in its controls and emphasized the importance …
Parfin’s Ethereum Layer-2 chain, Rayls, has recently gained recognition in JP Morgan’s blockchain-focused business unit’s Project EPIC, showcasing the network’s secure and compliant identity solutions tailored to address privacy needs in regulated financial markets. The collaboration between Parfin and JP Morgan’s Kinexys …