Is MicroStrategy a bubble? What is the risk for Bitcoin’s price?
MicroStrategy offers leveraged Bitcoin exposure, amplifying risk but potentially offering higher returns with repurchasing options.
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Bitcoin dominance is about to drop below 50% for the first time in 3 years
A weakening Bitcoin presence could give altcoins the moonshot they have waited for for three years. 4794 Total views 29 Total shares Bitcoin (BTC) revisited recent lows near $52,000 on April 22 as sustained weakness continued for the largest cryptocurrency.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewTraders await altcoin "magic"Cointelegraph Markets Pro and Tradingview revealed a lackluster…
What’s shaping the future of the institutional crypto market?
2021 was a big year for cryptocurrency. El Salvador became the first country to adopt Bitcoin (BTC) as legal tender. In November 2021, the price of Bitcoin hit an all-time high approaching the psychologically significant mark of $70,000. And, all along the way, industry influencers like Elon Musk have been tweeting their enthusiasm about cryptocurrency…
A Banking Trojan That Steals Crypto Is Targeting Latin American Users
The “Mekotio” trojan went from conventional banking malware one fine-tuned to steal crypto. 1266 Total views 23 Total shares Cybersecurity experts are warning about a family of banking trojans that target Windows users across Latin America, but this trojan happens to focus on stealing cryptocurrencies.According to a report published by cybersecurity firm ESET, the malware…
Binance CEO responds to rumors, says US executive is ‘taking a deserved break’
Despite Brian Shroder resigning as CEO of the exchange’s US wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed that the departure was normal. 188 Total views 4 Total shares Binance Holdings CEO Changpeng Zhao (CZ) has shot down speculation surrounding the departure of Binance.US CEO Brian Shroder, noting that he is “taking
Will BlackRock’s ETF slingshot Bitcoin’s price skyward?
Traditional financial firms finally believe that digital assets are here to stay. Or so one might conclude from the slew of announcements last week from some of the world’s premiere financial players.Among them is BlackRock — the world’s largest asset manager with $9 trillion in assets under management (AUM) — filed for permission to build…
Major Russian Banks Highly Interested in ‘Working With Crypto,’ Local Sources Say
Several large Russian banks have expressed their strong interest in working with the industry of cryptocurrency and blockchain during a closed-door meeting held at the Moscow Exchange, sources told Russian news site RBC September 19.As an unnamed source familiar with the matter told RBC, the demand for cryptocurrencies in Russia is very high, but the…
5 ways AI is helping to improve customer service in e-commerce
Artificial intelligence (AI) has revolutionized the e-commerce industry in recent years. One of the most significant ways in which AI is impacting e-commerce is by transforming customer service. AI-powered customer service technologies are becoming more common, and they are helping to improve the customer experience in numerous ways. This article will discuss how AI improves…
Tesla may have made more money holding Bitcoin than selling cars
Tesla’s unrealized profit from “hodling” Bitcoin could be the equivalent of upscaling the company’s daily car sales by over 860%. 3743 Total views 24 Total shares It has been 37 days since Tesla announced its $1.5 billion Bitcoin (BTC) purchase in a filing document with the United States Securities and Exchange Commission.While the exact BTC…