MicroStrategy shares plunge 8% after its end-of-year Bitcoin buy
MicroStrategy slumped over the last trading day after disclosing its latest Bitcoin purchase, with some market observers raising concern over leverage.
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Blockchain firm raises $25M to develop third-generation architecture
Intent-centric blockchain protocol Anoma secures $25 million in funding to continue developing its third-generation architecture. 434 Total views 2 Total shares Swiss nonprofit Anoma Foundation has secured a significant funding boost to continue the development and research of its third-generation blockchain architecture.A third fundraising round secured $25 million for the organization, which is building what…
Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve's September meeting.
Russian Lawmakers Finally Pass Country’s Major Crypto Bill
Russia’s newly passed crypto bill finally provides a legal status to crypto, but does not allow it to be used as a payment method. 1130 Total views 5 Total shares Russia passed a major bill today related to cryptocurrencies like Bitcoin (BTC).The State Duma — Russia’s legislative body — has passed a bill titled “On…
GameStop short squeeze highlights the power of decentralization
The success of the GameStop short squeeze in pumping the price above $370— and the reaction from centralized authorities and markets to it — has highlighted the need for decentralized finance, according to some in the crypto industry.The stock, which was trading at less than $20 per share earlier this month, was deemed by members…
IBM Secures Patent for ‘Self-Aware Token’ to Record Events of Offline Transactions
Tech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction.A patent document filed with the United States Patent and Trademark Office describes a system, which relates to financial data processing in an electronic currency platform, as well as to processing e-commerce tokens,…
German real estate group issues $24M bond using Stellar blockchain
Major German real estate group Vonovia has used the Stellar blockchain to transfer the ownership of real estate rights. Vonovia, a major European real estate group, has issued a 20 million euro ($24 million) bond using the Stellar blockchain.According to a Jan. 13 announcement, Vonovia has deployed the Stellar blockchain to issue security tokens for…
Andreas Antonopoulos: Use DeFi Contracts for BTC Passive Income
HODLing Bitcoin may pay off eventually, but it means one’s money isn’t working for them now, says Andreas Antonopoulos. 1849 Total views 39 Total shares Bitcoin educator Andreas Antonopoulos says there are risks behind any current method of earning steady income with one’s Bitcoin holdings, but DeFi offers one of the few ways to do…
$13K Bitcoin price predictions emerge with BTC falling below historic trendline
Bitcoin (BTC) prices broke below a long-standing support wave, which was instrumental in keeping its strong bullish bias intact after March 2020's crypto market crash.Dubbed as the 50-week simple moving average, or 50-week SMA, the wave represents the average price traders have paid for Bitcoin over the past 50 weeks. Over the years, and in…