4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning
MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat.
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Don’t panic: Only 11 of 330 Elizabeth Warren’s bills have ever passed
Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law. Senator Elizabeth Warren’s crypto Anti-Money Laundering bill has been causing a massive stir in the crypto industry. But some have pointed out that the senator’s bills have a track record of not going anywhere.According

Tom Lee: Bitcoin’s Price Moves in Tandem With S&P 500
Fundstrat Global Advisors co-founder Tom Lee has stated that Bitcoin (BTC) is positively correlated with the S&P 500 market index and is not a hedge against macro turmoil.Lee voiced his opinion during an interview with industry news outlet The Block published on Oct. 1.Bitcoin moves according to macro factorsDuring the interview, Lee admitted that his…

Coinbase Generated Nearly $2 Billion in Transaction Fees Since 2012
At Vanity Fair’s New Establishment Summit, Coinbase CEO Brian Armstrong said that Coinbase has generated close to $2 billion in transaction fees since it launched in 2012.On Oct. 23, the co-founder and CEO of major United States cryptocurrency exchange and wallet provider Coinbase told Vanity Fair that technology has always been the focus of Coinbase,…

Bakkt sheds more than 6% on first of public trading
The price of BKKT contracted by more than 6% during its first day of public trade. 351 Total views 30 Total shares Bakkt ($BKKT), an institutional and retail-facing digital asset platform founded by Intercontinental Exchange, has suffered a drawdown of -6.4% after closing a volatile first day of trading as a publicly listed company.After launching…

Binance Adds Support for Turkish Lira and Bitcoin, XRP, Ether Trading Pairs
Binance cryptocurrency exchange has added support for buying Bitcoin (BTC) and other cryptocurrencies with the Turkish lira through its local digital wallet partner Papara. The exchange unveiled the addition on its website on Nov. 15, one week before CEO Changpeng Zhao's (CZ) visit to Turkey. According to the website, Turkish users are now able to exchange…

Smart Banking Ecosystem to Shield Consumers From Volatility in Cryptocurrency Prices
A new smart banking ecosystem based on blockchain technology is offering an all-in-one platform for managing cryptocurrencies, fiat money and stocks — and hopes to make crypto payments practical and widespread.Platio believes that, eventually, all financial assets are going to be tokenized and run on blockchains — completely transforming the international financial system. However, the…

Bitcoin bull run is still in the early stages, key on-chain indicator shows
The price of Bitcoin (BTC) saw a minor correction on the day as the global stock market pulled back. The top cryptocurrency dropped by nearly 8% in the last 24 hours, retracing most of the gains it recorded during yesterday's rally on March 3.Bitcoin bull run is still at an early to mid stageAccording to William…

Amendments to US commercial code differentiate crypto and ‘electronic money’
The updated guidelines seek to clarify the terms of crypto assets lending and specify the status of CBDCs. 372 Total views 31 Total shares A joint committee of the United States's Uniform Law Commission (ULC) and the American Law Institute (ALI) finalized amendments to the Uniform Commercial Code (UCC), regulating the specifics of digital asset…