MicroStrategy’s Q2 earnings reveals Bitcoin stockpile now $14.7B
MicroStrategy shares jumped just 1% in after-hours trading, with the company posting a net loss of $123 million in the second quarter.
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Bitcoin ETF impulse fuels ‘fantastic’ $29K BTC price breakout
Bitcoin (BTC) hit $29,000 on June 21 as largescale buying fueled a fresh sentiment boost.BTC/USD 1-hour chart. Source: TradingViewAnalyst: $29,000 becoming fakeout "very unlikely"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $29,014 on Bitstamp — its highest since May 7.The pair enjoyed continued buyer interest overnight, this coming on the back of multiple…
Wyoming Introduces a Bill Aiming to Define Virtual Currencies as Money
A bill meant to clarify the classification of cryptocurrencies has been introduced in the U.S. state of Wyoming Jan. 18, according to the official state legislature website.The bill places crypto assets into three categories: digital consumer assets, digital securities and virtual currencies. The bill defines assets falling in any of those three categories as intangible…
Bitcoin strategic reserve bill introduced in Oklahoma
“This bill is about protecting the hard-earned money of Oklahoma’s citizens,” Representative Cody Maynard said upon introducing the act.
Litecoin Foundation Produces Johnny Knoxville Horror Flick
The Litecoin Foundation acted as an executive producer for the heavy metal horror flick "We Summon the Darkness."The film was produced by the Los Angeles-based film production company and Litecoin advocates Common Enemy and was released digitally on April 10.Litecoin Foundation among executive producers for comedy-horror filmOn April 13, the Litecoin Foundation shared the trailer…
Big Brother Capitalizes on Coronavirus Fears, Crypto Industry Responds
Governments are now considering tracking online user data as a way to fight the rapid spread of COVID-19. As a result, the question of personal data privacy is increasingly becoming a subject of discussion within the crypto community.On March 17, the Washington Post reported that the United States government was in talks with internet giants…
Australian competition regulator takes Meta to court over fake crypto ads
The ACCC highlighted unapproved or endorsed “scam” ads featuring prominent Australian figures such as entrepreneur Dick Smith, TV host David Koch and former NSW premier Mike Baird in particular. 65 Total views 2 Total shares The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that…
Trump buys burgers with BTC, Arthur Hayes skeptical on rate cut, and more: Hodler’s Digest, Sept. 15 – 21
Donald Trump becomes the first former United States president to use crypto in a transaction, Arthur Hayes thoughts on rate cut: Hodler’s Digest
FEMA Suggests Blockchain-Based Registry to Improve Disaster Insurance Payouts
The United States Federal Emergency Management Agency (FEMA) is exploring the idea of a blockchain-based property registry to streamline disaster insurance payouts.In its latest National Advisory Draft Report to the FEMA Administrator, the agency indicated its interest in deploying blockchain technology in order to streamline disaster insurance payouts and improve the speed of disaster responses. To…