MicroStrategy stock surges 94% YTD as Bitcoin nears $100K
MicroStrategy stock has soared 94% in 2024, fueled by Bitcoin’s rally above $97,000, with $15 billion in unrealized gains.
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Axie Infinity cuts rewards from classic game, subtly forcing P2E players to new mode
The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token. 420 Total views 4 Total shares Play-to-earn (P2E) blockchain game Axie Infinity (AXS) has completely removed the token rewards from its classic game mode to attract its users to a new game mode called Axie…
Bitcoin core dev calls out ‘misleading’ auction selling his code as an NFT
One of the original core developers behind Bitcoin (BTC), Luke Dashjr, has taken to social media to call out an auction site that has used his name and code without his consent to create and sell a “misleading” NFT.The core developer said he hasn't been the first Bitcoin developer to have his name or his work…
Ripple’s Sarbhai: Regulators No Longer Take the “Blockchain Good, Crypto Bad” Approach
Ripple’s Sagar Sarbhai has said he believes that blockchain technology and crypto assets are now being tackled more holistically by policymakers, in an interview on CNBC Markets today, September 17.Sarbhai, who is head of regulatory relations for Asia-Pacific and the Middle East at Ripple, said he thinks that regulators are no longer taking a compartmentalized…
US election outcome won’t slow Q4 Bitcoin rally, says hedge fund
Neither US party has attempted to adequately address the country’s spiraling debt and deficit problem, which will play into Bitcoin’s hands post-election, says a hedge fund manager.
Anti-ICO Chairman of South Korean Financial Regulator Resigns as Expected
Financial Services Commission (FSC) chairman Choi Jong-ku, a governmental official in South Korea who took a hard line on domestic Initial Coin Offerings (ICOs), has tendered his resignation. The Korea Times reported the chairman’s decision on July 18."I recently tendered my resignation to President Moon Jae-in to widen the scope of his choice before the…
Magic Eden faces backlash over US service segregation
Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops.
Crypto mining stocks dip as SEC issues subpoena for Marathon Digital mining facility
Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital, and Hut 8. The U.S. Securities and Exchange Commission has ordered crypto mining firm Marathon Digital Holdings to produce documents and communications for one of its mining facilities in Montana.According to a Nov. 15…
Demand is driving the price of Bitcoin to $130K
In any market, whether it is fruit and vegetables or financial assets, prices are determined by the intersection of supply and demand.If tomatoes are scarce due to a flood, with the same demand, the price in the supermarket will inevitably be higher — just as it will be higher if, with the same supply, twice…