MicroStrategy buys Bitcoin dip, holdings surpass 450K BTC

Inactive Bitcoin addresses have hit all-time highs across one-, three- and five-year time domains while BTC outflows from exchanges continue. 537 Total views 6 Total shares On-chain data suggests that Bitcoin (BTC) holders are accumulating BTC with exchange holdings down to yearly lows and the percentage of inactive BTC supply at all-time highs.According to Glassnode’s

Nouriel Roubini is helping develop a tokenized financial instrument aiming to act as an alternative to the U.S. dollar for major investors. 110 Total views 1 Total shares Economist and cryptocurrency critic Nouriel Roubini is heading up the development of a tokenized asset to combat fears of rampant economic stagnation and inflation.Roubini has long been…

Bitcoin rallied strongly after the previous two stimulus package announcements by the People's Bank of China.

The long-awaited Bakkt platform will start accepting depositс of funds in the Bakkt Warehouse starting Sep. 6. The futures platform will launch on Sep. 23 and is expected to attract institutional investors because the settlement will be in Bitcoin (BTC) and the platform will offer the same cyber and physical security protections as the New…

The IRS has begun sending letters to people with digital currency transactions who may have failed to report income and pay taxes, or who did not report their transactions properly. By the end of August, more than 10,000 taxpayers will receive the letters, targets the IRS says it obtained through various ongoing IRS-compliance efforts. According to the…

Global banking regulator the Basel Committee on Banking Supervision (BCBS) is working to establish how much capital lenders should hold to cover the risks generated by dealing with cryptocurrencies.Business Reporter published the news on Nov. 7 that the Basel Committee — which includes banking regulators from the United States, Europe and Japan — agreed to…

"Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas,” said Republican Financial Services Committee members. 857 Total views 4 Total shares Own this piece of history Collect this article as an NFTStatements from Republican lawmakers ahead of the inaugural hearing of the United States…

Bitcoin (BTC) is leading the recovery in the crypto sector and today the cryptocurrency briefly rallied to $48,429 before pulling back to test the underlying support levels. While speaking during a live stream at the SALT conference, Ark Invest CEO Cathie Wood, said that Bitcoin is the default currency of the crypto space and could…

Last Monday, Chinese media reported that police in Guangdong froze thousands of bank accounts belonging to over-the-counter traders. 144 Total views 33 Total shares It was reported last week that thousands of bank accounts belonging to Chinese over-the-counter cryptocurrency traders were recently frozen by law enforcement. The police claimed that this was part of a…