MicroStrategy eyes more Bitcoin with potential $2B preferred stock offering
MicroStrategy may decide not to move forward with the perpetual preferred stock offering if market conditions aren’t favorable this quarter.
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Hashkey HK opens AVAX trading with $1M portfolio requirement
Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong. 387 Total views 17 Total shares Hong Kong crypto exchange Hashkey, the first to receive a retail crypto license in the Special Administrative Region (SAR), will open Avalanche (AVAX) trading on its platform. However, there is
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Italian Bank Opens Bitcoin Trading to 1.2 Million During Lockdown
Growing crypto adoption and the COVID-19 outbreak has encouraged Italy’s Banco Sella to launch a Bitcoin trading serviceThe trading is conducted via the bank’s Hype platform, with the bank acting as an intermediary to mitigate against potential security risks with cryptocurrency exchanges. With the country in lockdown and everyone stuck at home, the bank is…
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Paraguay’s crypto framework one step away from becoming law
Paraguayan lawmakers have deliberated for a year on a comprehensive crypto regulatory framework that includes considerations for businesses and traders. 79 Total views 2 Total shares The Paraguayan Senate passed a bill on July 14 establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors.The bill, introduced last…
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Africa’s solarized digitalization agenda in the time of coronavirus
The seventh session of the Africa Regional Forum on Sustainable Development convened earlier this month with the theme “Building forward better: Towards a resilient and green Africa to achieve the 2030 Agenda and Agenda 2063” and to promote the economic, social and environmental dimensions of sustainable development.Amina Mohammed, deputy secretary-general of the United Nations, pointed…
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Blockchain gamers see playing NFT games as a potential full-time job, says new survey
NFT gaming platform Balthazar's chief executive said that “many are ready to quit their other jobs to play NFT games instead.” 101 Total views 17 Total shares Despite the fall of nonfungible token (NFT) prices, play-to-earn NFT gaming carries on as more people see it as a potential way to make a living. In a survey…
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Bitcoin dips below $42K as crypto sentiment returns to ‘fear’
It did not take much — around $3,500 off the Bitcoin price — for crypto traders to have a change of heart. 1323 Total views 5 Total shares Bitcoin (BTC) trended toward a $40,000 retest on Feb. 12 as BTC price action bore out analysts' predictions.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader hopes to avoid…
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Coinbase signals EU, Canada, Brazil, Singapore and Australia as priorities
The crypto exchange’s focus on non-U.S. markets is part of a next phase in its expansion plans, said the firm. 153 Total views 1 Total shares Coinbase has flagged several countries outside the United States where it intends to focus its operations in the near term, citing their comparatively clearer crypto laws.In a Sep. 6
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Fed pauses interest rates, but Bitcoin options data still points to BTC price downside
Bitcoin's price has been pinned below $26,300 since June 10, reflecting a 14.8% correction in two months. Meanwhile, the Nasdaq tech stock market index gained 13.6% in the same period, indicating that investors are not exactly fleeing to the safety of cash and short-term debt. In fact, the demand for United States government bonds has…