MicroStrategy acquires 18,300 Bitcoin, expands holdings

The “rising popularity” of initial coin offerings, including cryptocurrencies, coins, and tokens, is considered the main reason for growing scams and exploits among retail investors. 1006 Total views 11 Total shares The United States Securities and Exchange Commission (SEC) published a new alert about investment scams related to digital assets and cryptocurrency. The announcement shared by…

Rep. Maxine Waters, chairwoman of the United States House of Representatives’ Financial Services Committee is requesting that Facebook halt development on its cryptocurrency, the Libra, as reported by CNN Tech Reporter Brian Fung in a series of tweets June 18.In her statement, Rep. Waters explained:“Given the company’s troubled past, I am requesting that Facebook agree…

Bitcoin is leading the way down for all crypto as macro indicators may spell disaster for the market in the short term according to some analysts. 3823 Total views 6 Total shares Bitcoin (BTC) has dumped 7.5% in the past 12 hours, plunging to 6-month lows from $43,328 at 4pm UTC yesterday to $38,258 by…

The bears are attempting to sink Bitcoin (BTC) below $19,000 to further cement their advantage over the crypto market. Analysts watching Bitcoin’s MVRV-Z Score, a metric which measures how high or low Bitcoin’s price is relative to “fair value,” expect an even deeper fall before the bottom is finally reached.However, economist, trader and entrepreneur Alex…

In a stunning turn of events, Bitcoin (BTC) price swiftly reversed course and rallied 6.4%, reclaiming ground lost over the last 24-hours and briefly topping $7,288 before pulling back to $7,200.Global oil prices have also rallied by nearly 3% in the wake of an airstrike at Baghdad's airport ordered by United States President Donald Trump…

The Monetary Authority of Singapore (MAS), the country’s central bank, has broadened its regulatory regime for payment providers to bring certain cryptocurrencies under its jurisdiction. The development was reported by English-language local broadsheet The Straits Times Nov. 19.The new Payment Services Bill (PSB), submitted by MAS board member and education minister Ong Ye Kung before…

Bitfinex analysts pointed out several reasons suggesting that Bitcoin’s bloodbath should be over soon.

Eclipse founder and CEO Neel Somani said he would “work to clear my name and defend myself” and will move away from a public-facing role at the firm.

The $8,000 mark seems to be an important price point for crypto’s market leader, Bitcoin (BTC). Since its breakdown from $9,400, the digital asset has lost and regained the $8,000 level several times, sitting at $8,300 at press time. Much of the time, altcoins follow Bitcoin’s lead in terms of price, making the digital asset’s…