Elon Musk’s X removes crypto emojis, leaving community puzzled
Bitcoin is not the sole cryptocurrency that has seen its hashtag emoji removed from X amid the Bitcoin 2024 Conference kicking off on July 25.
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MicroStrategy doles out $240M on additional Bitcoin purchase
The company's Q3 Bitcoin spend now stands at almost $420 million following this latest BTC acquisition. Business intelligence outfit and corporate Bitcoin (BTC) whale MicroStrategy has increased its BTC ownership with the additional purchase announced on Monday.MicroStrategy CEO Michael Saylor announced the purchase of 5,050 BTC for about $242.9 million at an average of $48,099…
Clever NFT traders exploit crypto’s unregulated landscape by wash trading on LooksRare
LooksRare made its debut on Jan.10 and the recently launched NFT marketplace has drawn a lot of attention, not only because its daily trade volumes were more than double Opensea’s on the second day of trading, but also because it has become the new playground for wash traders.Wash trading is a series of trading activities…
Institutional Investment Builds in Q1 2020, Sentiment Toward Crypto Funds Changing
A recent report by Grayscale, a cryptocurrency venture capital company, revealed the firm now holds roughly 1.7% of all of Bitcoin’s supply in its Bitcoin Trust (GBTC). Having seen the biggest quarter yet, Grayscale’s share of Bitcoin increased by 0.1% in 2020 despite current market uncertainties brought about by the COVID-19 pandemic.Rayhaneh Sharif-Askary, Grayscale’s head…
Bitcoin bull outlines 7 steps to more fiscal stimulus and higher BTC prices
A recent sell-off in the Bitcoin (BTC) market pushed its prices below the key psychological support of $30,000. While the cryptocurrency's move downhill prompted many analysts, including Luno exchange's Vijay Nayyar and Kinetic Capital's Jehan Chu, to predict a further depressive move below $25,000, Anthony Pompliano offered a contrasting bullish outlook.The Morgan Creek Digital Assets…
Fidelity-backed crypto trading platform OSL secures license in Hong Kong
OSL is now officially licensed to operate regulated brokerage and automated trading services for digital assets. 512 Total views 4 Total shares OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong.According to a Dec. 15 announcement,…
Robinhood to axe 7% of full-time staff in latest round of layoffs: Report
Roughly 150 full-time employees are being laid off, according to internal company messages. Online brokerage firm Robinhood Markets will reportedly lay off roughly 150 full-time staff — 7% of its total workforce — in its third round of layoffs in just over a year. According to an internal company message seen by The Wall Street Journal,…
Fork in the node: Bitcoin Cash Node on track to oust Bitcoin ABC
After months of escalating tensions between rival Bitcoin Cash implementations, the future of BCH appears to be firmly in the hands of Bitcoin Cash Node. 1835 Total views 20 Total shares Bitcoin ABC, the historically dominant implementation of Bitcoin Cash (BCH), appears on the brink of giving way to a community-driven mutiny in the form…
Metaverse projects failed on lack of correct business model: MetaMinds CEO
The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the various investments and initiatives in the emerging technology may have resulted in some of them failing.On the sidelines of the recent Cardano Summit in Dubai, Sandra Helou, CEO of MetaMinds