MicroStrategy eyes more Bitcoin with potential $2B preferred stock offering

A March 18th post by BitMEX Research discusses the two approaches governments can take with regards to the issuance of a Central Bank Digital Currency (CBDC) and the ramifications for the economy.Money supplyIn the modern economy, the money supply is largely determined by the banks’ ability and/or willingness to make loans.“From a liquidity perspective, the…

According to analysts from Decentrader, Bitcoin needs to quickly reclaim the $37,500 level and ETH needs to hold $2,300 as support to avoid bull-market-ending price action. 4661 Total views 6 Total shares Bitcoin (BTC) price continues to limp lower as traders in the U.S. hit the BBQ to enjoy the upcoming Memorial Day holiday on…

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Several members of the Facebook-backed Libra Project have announced their alliance with a rival stablecoin project known as Celo. Since the middle of March, members that have joined the Celo Alliance for Prosperity include, among many others, Coinbase Ventures, Anchorage Mercy Corps, Andreessen Horowitz and Bison Trails Co. The shift in interest from one project…

Post Ethereum (ETH) merge, layer-2 blockchains have been catching the eyes of users and investors alike. Research firm Delphi Digital has been tracking Arbitrum since August and recently shared its analysis in a monthly market report. According to data, user behavior and historical analysis show multiple trends of rapid growth in transactions, total value locked…

Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media. In an Oct. 6 thread on X (formerly Twitter), the anonymous account NFT Ethics tagged OpenSea, asking it to respond to accusations that

One of the most curious and subtle developments of the COVID-19 global pandemic is the surging demand for stablecoins. Their total supply hit an all-time high recently — roughly $7.5 billion — with demand for Tether (USDT) and USD Coin (USDC) soaring.The development implicitly foreshadows financial disruption as desperate emerging market governments, foreign financial institutions…

The CEO of a cryptocurrency firm has suggested that the recent rise in bitcoin’s (BTC) price could be linked to the trade war between China and the United States, Fortune reported on May 20.In an interview, Digital Currency Group founder Barry Silbert noted how BTC’s acceleration coincided with talks breaking down between Beijing and Washington.The crypto advocate said bitcoin is…