‘Buying the top forever’ — MicroStrategy bags 21.5K Bitcoin at peak prices
MicroStrategy keeps stacking Bitcoin despite BTC hitting all-time high prices, with its co-founder Michael Saylor confident that his company will still buy it at $1 million per coin.
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Terraform wallet moves $62M BTC as Do Kwon remains in legal limbo
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin.
Visa will facilitate USDC payments, thanks to fresh partnership
This could significantly lower the barrier to entry for stablecoin use. Visa has teamed up with blockchain services company Circle to make USD Coin (USDC) stablecoin transactions compatible with certain credit cards.“After Circle itself graduates from Visa’s Fast Track program, likely sometime next year, Visa will issue a credit card that lets businesses send and…
Bitcoin sudden pump to $81K annihilates $180M shorts in half a day
About $180 million in short positions have been wiped as Bitcoin hit another new all-time high of $81,358.
Sub-$10K Bitcoin price caused $653M open interest drop, largest since March
Bitcoin (BTC) futures open interest just had its most extensive daily reduction in five months. Yesterday's 11% drop move caused more liquidations than May 9 when BTC plunged 12.5% to $8,600.BTC futures open interest in USD terms. Source: SkewSkew data shows total open interest down by $653 million, reaching $4 billion on Sept. 3. That…
Caitlin Long on Banking Backdrop, Stifled Regulation to Serve Crypto
During Virtual Blockchain Week, Cointelegraph spoke with Caitlin Long — the founder and CEO of the upcoming “crypto bank” Avanti Bank & Trust as well as the driving force behind regulatory changes in the state of Wyoming for allowing financial institutions to handle both crypto assets and fiat currencies.A Wall Street veteran, Caitlin Long ran…
Putting carbon credits on blockchain won’t solve the problem alone: Davos
Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion in Davos, Switzerland, about pricing carbon credits. 1474 Total views 46 Total shares Own this piece of history Collect this article as an NFTSimply trading carbon credits on the blockchain won’t solve much for the environment. Carbon blockchain executives argue that companies must understand why they’re…
Bitcoin’s bottom might not be in, but miners say it ‘has always made gains over any 4-year period’
Your favorite trader is saying Bitcoin (BTC) bottomed. At the same time, the top on-chain indicators and analysts are citing the current price range as a “generational buy” opportunity. Meanwhile, various crypto and finance media recently reported that Bitcoin miners sending a mass of coins to exchanges are a sign that $17,600 was the capitulation…
Cloud Mining Platform HashFlare Stops Services, Disables Equipment on SHA-256 Contracts
Cloud cryptocurrency mining service HashFlare announced July 20, that it is stopping mining services and shutting down hardware on current SHA-256 contracts due to difficulty generating revenue. HashFlare is a cloud cryptocurrency mining platform founded in 2013. Cloud mining is a system where a user purchases a portion of the mining power of hardware hosted…