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 …
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 …
Bitcoin has been making headlines with its record-breaking run, reaching new all-time highs for three consecutive days following Donald Trump’s victory in the US election and a recent 25 basis point rate cut by the Federal Reserve. This surge in price has …
Following his historic reelection this year, JPMorgan projects that both Bitcoin and Gold will be set to benefit from Donald Trump’s return to the White House. The bank’s top analysts expect that both assets will continue to gain well into his second …
The recent conclusion of the US elections has brought about a significant shift in the cryptocurrency market, with the ascension of Donald Trump to the White House sparking speculation about the future of three major coins – Ripple (XRP), Ethereum (ETH), and …