Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?

The price of Bitcoin (BTC) is extending its slump below $49,000 on March 5 as the U.S. dollar index (DXY) reached the highest levels since November 2020.  DXY (blue) vs. BTC/USD (orange). Source: TradingviewMeanwhile, the prospect of rising rates and a potential stock market top is putting downward pressure on equities and Bitcoin, causing the entire…

Since US President Donald Trump’s inauguration on Jan. 20, Bitcoin (BTC) has swung from a record high of $109,000 to below $78,000 as major tariff announcements from the US and retaliatory moves from trade partners shaved off chunks of cryptocurrency market value and rattled global markets. “The back-and-forth on tariffs, with Trump sometimes tough and

The Web3 development platform and infrastructure provider will support Solana-built applications, despite the blockchain halting multiple times in 2022. 49 Total views 1 Total shares In an announcement published by Alchemy just one day after the Solana network temporarily halted on June 1, the Web3 development platform and infrastructure provider announced its support for the…

According to the announcement, WazirX has until the end of the day UTC on Feb. 3 to withdraw all remaining funds it stores in Binance wallets. 287 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe debacle between the global cryptocurrency exchange Binance and Zanmai, the operator behind…

SBI Ripple Asia — a subsidiary of Japanese financial services giant SBI Holdings — is launching a store settlement service affiliated with SBI Holdings and Ripple’s jointly developed consumer-focused XRP-powered payments app MoneyTap. The news was reported by Cointelegraph Japan on May 30.As previously reported, MoneyTap — which launched in the fall of last year…

Major U.S. cryptocurrency wallet and exchange Coinbase announced in a July 31 blog post that ex-Pershing exec Jeff Horowitz will join the company as its Chief Compliance Officer. Horowitz previously worked as the managing director and global head of compliance at Pershing LLC — a BNY Mellon Company — as well as leading a variety…

Euler is working with law enforcement agencies and blockchain security firms to contact the exploiter and recover the funds. 183 Total views 3 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) lending protocol Euler Finance became a victim of a flash loan attack on March 13, resulting in…

5. Failing to definitively address blockchain’s scaling issues could have far-reaching ramifications. Unless action is taken, it’s likely that transactions will take longer and longer to process. In a digital economy where fiat payments can be sent and received instantly, blockchain platforms need to offer the same if they are going to be regarded as…