MicroStrategy upsizes latest stock sale to $700M to buy more Bitcoin

At the start of February, the cryptocurrency market was doing fairly well with many altcoins pressing above their 2-year old descending trendlines and breaking above the 200-day moving average on astonishingly high volume surges that provided investors with double and triple-digit returns on a nearly daily basis.By Feb. 13, Bitcoin (BTC) was trading at $10,500…

The CEO of Binance US was reached out by a Subcommittee chairman for producing various documents — in an attempt to help review the measure taken to protect investors. 404 Total views 17 Total shares Brian Shroder, the president and CEO of Binance US, received a federal letter requesting the urgent disclosure of official documents…

Bitcoin (BTC) and cryptocurrencies are used as a speculative investment tool and not money, a report by United States think tank the Congressional Research Service (CRS) claimed on May 10.As part of an investigation into cash usage in the U.S., the report, dubbed “The Potential Decline of Cash Usage and Related Implications,” appears to forecast…

EDX Markets is backed by large financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. 806 Total views 3 Total shares EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently…

Saturday, Oct. 5 — crypto markets are trading sideways today, with most of the top 20 coins by market cap seeing losses and Bitcoin (BTC) dipping below $8,100.Only three coins out of the top 20 cryptos are up over the past 24 hours at press time, with Iota (MIOTA) seeing the largest gains of over…

Bitcoin (BTC) made a sudden jump of 9% in the past 24 hours. However, altcoin cryptocurrencies have been showing strength recently as well.Recent surges from large caps have been in the double digits with Dash (DASH) surging 50% and Bitcoin Cash (BCH) 30% in the past four days. Is it possible to draw a conclusion…

Is Buterin trying to put a lid on the potato-related excesses of yield farming? Vitalik Buterin said he did not personally engage in any yield farming for tokens on decentralized finance.In a tweet published on Friday, the Ethereum co-founder explained that his only major interaction with yield-bearing DeFi protocols was putting “a few coins into…

The move is part of a phased termination of BUSD support by February 2024. 526 Total views 10 Total shares Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25.According to the October 3 announcement, the exchange will close all outstanding BUSD loan and collateral positions

The trending Luma AI Dream Machine, which turns stagnant memes into moving videos, has reached the crypto community and even inspired similar crypto-centric models.