MicroStrategy Tells SEC It ‘May Increase’ $250M Bitcoin Reserves

The filing comes on the same day as bitcoin hit $50,000 for the first time ever.Securities and Exchange Commission building in Washington, D.C.(Getty Images)Feb 16, 2021 at 2:30 p.m. UTCUpdated Feb 16, 2021 at 2:36 p.m. UTCNYDIG Files for Bitcoin ETF, Adding to Firms Hoping 2021 Is When SEC Finally Says ‘Yes’NYDIG, Stone Ridge Asset…

Jun 30, 2020 at 13:36 UTCUpdated Jun 30, 2020 at 13:43 UTCWhy the Stock-to-Flow Bitcoin Valuation Model Is WrongNico Cordeiro is the chief investment officer and fund manager at Strix Leviathan. He oversees quantitative research, strategy development, risk management and portfolio allocation. A longer version of this post can be found here. The stock-to-flow model…

Sep 30, 2020 at 22:29 UTCUpdated Sep 30, 2020 at 22:40 UTCKik CEO Ted Livingston(CoinDesk)A U.S. judge ruled Wednesday that Kik violated securities law when it raised $100 million via a token sale in 2017. Judge Alvin Hellerstein, a U.S. district judge for the Southern District of New York, wrote that in his view, Kik’s…

Singapore-based crypto mining company Atlas Mining has partnered with Luxor Technology to provide mining pool services, helping expand Atlas’s operations in North America following China’s sweeping crypto-ban.Atlas will use a portion of the ASIC mining computers that are hosted in Compute North’s facilities, and will leverage Luxor’s bitcoin mining pool for hashrate liquidation, according to…

markets When trying to predict the future price of bitcoin, it’s impossible to do so without first looking at its past. No matter how it’s examined, the cyclical nature of bitcoin’s price action can’t be ignored especially when considering its notorious “boom and bust” cycles. If the latest plunge below the long-lasting support level of…

Venture capital and investment firms poured $201.4 million into crypto projects last week with eleven companies announcing funding rounds. The largest rounds belonged to a $54 million raise for metaverse startup Futureverse and a $40 million Series A round for RISC Zero, a provider of zero-knowledge proof tools for developers.Infrastructure projects continued to show resilience…

news Happy birthday, bitcoin. Halloween 2019 marks the release of the white paper release for the first fully decentralized, peer-to-peer electronic cash by anonymous creator(s) Satoshi Nakomoto. In the wake of the Great Recession of 2007–2009, a single email for a small collective of cypherpunks proved to be the catalyst for a monetary revolution. “I’ve…

JPMorgan said crypto markets are faced with downside risk due to potential selling pressure from Mt. Gox creditors in July. Creditors are set to receive 142K bitcoin and there are concerns that some will dump their tokens as soon as they receive them, the report said. The bank said crypto markets are expected to rebound

For some, like Vesta Finance, the airdrop provided a multimillion-dollar stimulus: The project was eligible for 2.7 million arb tokens, worth just under $6 million, despite holding only $3 million in its treasury. This can allow the project to, over time, sell the tokens to bolster its own development or even provide token incentives to…