MicroStrategy calls shareholders meeting to fund more Bitcoin purchases

A senior executive at cryptocurrency payments processor BitPay told Bloomberg on May 29 that bitcoin (BTC) will only expand higher from its current price.Speaking in an interview with Bloomberg TV, the company’s chief commercial officer, Sonny Singh, said it was business interest and endorsement of cryptocurrency that was fuelling the current market-wide bull run.“You’re starting…

Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev. In Kazakhstan, the world’s third-largest market in terms of Bitcoin mining hash rate, the local crypto-mining operators are complaining about the high energy prices to the national leader. According to the local media, eight major cryptocurrency mining operators signed an

United States-based blockchain identity startup BanQu announced that it closed an extension of its series A funding round led by multinational drinks and brewing company Anheuser-Busch InBev’s investment arm. The development was announced in a post on June 6.Per the announcement, the undisclosed amount of funds have been raised by ZX Venture to allow BanQu…

The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters. 222 Total views 5 Total shares A poll conducted by the Crypto Council for Innovation (CCI) has shown that a candidate’s position on crypto may impact…

Ether now accounts for 19.2% of the overall cryptocurrency market, whereas Bitcoin dominance has fallen to 40.7%. 6996 Total views 16 Total shares The market capitalization of Ether (ETH) has increased at a much faster rate than Bitcoin’s (BTC) over the past year, highlighting the relative outperformance of ETH versus BTC over that period. In its…

The promise is great for so-called smart cities, which will deploy a network of interactive sensors to achieve efficiency and innovation. The smart city vision includes driverless cars, renewable energy to aid a city’s power consumption, energy-efficient buildings, and communications systems that work with the location’s infrastructure to avoid waste, among other features.  A report by…

The partnership with Metaco will see the use of its digital asset custody and orchestration platform, Harmonize, to safeguard the custody and governance of Togg’s digital assets. 172 Total views 9 Total shares Own this piece of historyCollect this article as an NFTTurkish automotive company Togg announced a partnership with Metaco, a digital asset custody…

A strategist at JPMorgan predicts that the worst of the bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging. 1315 Total views 10 Total shares The historic deleveraging of the cryptocurrency market could be coming to an end, which could signal…