MicroStrategy announces third debt offering of 2024, plans to raise $700M

Bitcoin (BTC) price fell below $10,000 once more on Aug. 16 after climbing as high as $10,440 in early trading. Market visualization. Source: Coin360Mixed signals for Bitcoin priceData from Coin360 spelled out another day of uninspiring performance for Bitcoin traders Friday, with BTC/USD failing to find support at five figures.This week produced multiple $10,000 crossings for…

Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg Senior Commodity Strategist Mike McGlone highlighted in a recent Tweet that Bitcoin was trading roughly 20% below its 50-week moving average and such discounted levels have “often resulted in good price support.”The bearish price…

The service would only be available to institutional investors for now, but Fidelity is also launching Bitcoin ETFs to cater to retail interest. 617 Total views 6 Total shares As reported by The Globe and Mail, Fidelity Clearing Canada received approval from the Investment Industry Regulatory Organization of Canada on Wednesday to launch a Bitcoin…

Data compiled by Messari indicates that the 157 crypto assets that posted record highs in 2018 are still bumbling along at prices more than 90% down from their ATHs. 4371 Total views 15 Total shares Data published by crypto market data aggregator Messari shows that 83% of crypto assets that tagged all-time highs in January…

The HKMA said that funds placed on unlicensed “crypto banks” are not protected by the region’s deposit protection scheme. 1227 Total views 7 Total shares The Hong Kong Monetary Authority (HKMA) has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws. In

Gambaryan’s family has expressed concern about his well-being and appealed to the EFCC to release him and pursue its investigation into Binance instead.

Within a few years, a younger generation of financial services customers are going to be able to walk into a bank and gain access to credit products, savings accounts and investments that can host both crypto and fiat assets. In fact, the inroads that will allow for all of this to happen are already breaking…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, Ethereum staking services have agreed upon a 22% limit on all validators to ensure fair markets. August proved to be another costly month for

Disclaimer: This article previously read that Gavin Brown was the co-founder of Blockchain Capital, when indeed he is the co-founder of a different firm, Blockchain Capital Ltd. The name of the firm has been changed to reflect the correct nomenclature.Blockchain Capital Limited co-founder Gavin Brown said that he expects that there will be only one…