The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Bitcoin volatility lower than 2017 levels as price…
Bitcoin (BTC) has hit a new high above $51,300 in a continuation of its bullish advance that begun in October 2020. According to Bloomberg, the current run is different from the 2017 bull rally that…
Bitcoin price rebounds as Morgan Stanley reportedly considering…
Morgan Stanley, one of the biggest investment banks in the U.S., is reportedly considering investing in Bitcoin (BTC), according to reports. Bloomberg reported that Morgan Stanley’s $150 billion investing arm called Counterpoint Global could place…
Teslas $1.5B Bitcoin purchase leaves treasury experts scratching…
Corporate treasury commentators are criticizing Tesla's $1.5 billion Bitcoin splurge, echoing the well-worn rhetoric of BTC’s volatility. Speaking to Financial Times, Jerry Klein, managing director at New York-based investment management firm Treasury Partners said that…
Bitcoin rally incoming? MicroStrategy’ Playbook Seminar a Smash…
To promote Bitcoin to companies, NASDAQ listed MicroStrategy hosted the Bitcoin for Corporations virtual interactive seminar yesterday. The purpose of the event is to share advice on how companies can buy BTC as a treasury…
Bitcoin for Corporations- Michael Saylor Expects an ‘Avalanche’…
This week the firm Microstrategy held an event called “Bitcoin for Corporations” which looks at concepts like macro strategy, corporate playbooks, and legal considerations toward bitcoin. Prior to the event, Microstrategy CEO and bitcoin bull,…
Altcoins and DeFi tokens rally as Ethereum price…
Sentiment throughout the cryptocurrency sector continues to improve as Ether (ETH) price ventured into uncharted territory and notched a new all-time high of $1,653 on Feb. 3. Meanwhile, Bitcoin (BTC) bulls appear to have their…
Price analysis 2/3: BTC, ETH, XRP, DOT, ADA,…
Bitcoin’s (BTC) stellar run in the latter half of 2020 and MicroStrategy’s purchase of the digital asset appears to have attracted attention from several publicly listed companies in the United States. However, the lack of…
MicroStrategy will pitch Bitcoin to 1,400 public companies:…
MicroStrategy, the $6.37 billion business intelligence conglomerate in the U.S., will meet with public companies on Feb. 4 to discuss Bitcoin (BTC). Michael Saylor, the CEO of MicroStrategy, said that professionals from over 1,400 firms…
Thanks Bitcoin, MicroStrategy stock is up 113% since…
On Dec. 8, 2020, Citigroup, one of the largest banks in the world, downgraded MicroStrategy'ss stock (MSTR). Since then, MSTR stock is up 113.27% from $289.45 to $617.31, as the price of Bitcoin (BTC) rallied.…
Buying the Dip: Multibillion-Dollar Microstrategy Invests $10 Million…
Nasdaq-listed multibillion-dollar company Microstrategy has purchased more bitcoins. With the latest buy of the cryptocurrency worth $10 million, the company now holds 70,784 bitcoins in its treasury. Microstrategy’s Bitcoin Holdings Rise to 70,784 The Nasdaq-listed…
MicroStrategy stock finally takes a breather following massive…
Shares of MicroStrategy (MSTR), a business intelligence firm with considerable exposure to Bitcoin (BTC), declined sharply on Monday as profit-taking ensued following a parabolic rally over the past month. The stock touched an intraday low…
Top 5 cryptocurrencies to watch this week: BTC,…
During an interview with Bloomberg, Grayscale CEO Michael Sonnenshein said that in addition to hedge funds, pension funds and endowments had also started investing in the Grayscale family of products. This suggests that a broad…
Crypto Long & Short: The Christmas Poem Edition
In a departure from our usual Crypto Long & Short format, in honor of the holiday season, I’ve written a poem that reviews the year and reflects some of the progress made in our industry.…
Bitcoin Still on Track to Breach $20K in…
Bitcoin’s revived uptrend could soon lead to a much-anticipated breakout above the $20,000 mark, according to several analysts. “We have witnessed a large move up over the weekend, with MicroStrategy’s efforts to increase bitcoin holdings…
Top 5 cryptocurrencies to watch this week: BTC,…
December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase. Business intelligence firm MicroStrategy announced that it had raised $650 million worth…
Microstrategy Completes $650 Million Capital Raise to Fund…
Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm…
Bitcoin’s Options Market Skews Bearish as Spot Price…
Bitcoin’s options market has flipped bearish for the short term, as demand rises for ways to hedge against further sell-offs in the spot market. The top cryptocurrency by market value fell to $17,640 earlier Wednesday,…
Microstrategy Plans a $400 Million Capital Raise to…
Microstrategy Inc., said Monday that it is planning to sell $400 million in convertible senior notes to private investors so that it could buy more bitcoin. The Nasdaq-listed business intelligence and mobile software company already…
MicroStrategy Offers $400 Million Of Convertible Notes To…
Software intelligence firm MicroStrategy announced in a press release its intent to privately offer $400 million in convertible senior notes so that it could buy more bitcoin. “MicroStrategy intends to invest the net proceeds from…
Bitcoin traders nervous after $19.5K rejection — Here…
The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec. 4, with traders becoming increasingly uncertain about what's next for BTC/USD. Bitcoin rally keeps stalling at $19,500 Some foresee…
Coinbase Says It Brokered Microstrategy’s Influential $425 Million…
U.S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal. Microstrategy’s first bitcoin (BTC) haul of $250…
3 Reasons Bitcoin Has Rallied Over 60% in…
Bitcoin (BTC) has chalked up a stellar price rally in the past two months, reaching 33-month highs close to $16,000. The uptrend began in early September after buyers bought a dip below $10,000, and gathered…
After PayPal & Paul Tudor Jones, Bitcoin Tops…
It’s been a big week for Bitcoin. At press time Bitcoin has held levels above $12,000 since Wednesday, and appeared to be on track to break through the $13,000 resistance. Join your industry leaders at…
Ledger wants to help MicroStrategy secure its $400m…
Ledger is mostly known for its consumer-facing hardware wallets, but since last year, a number of enterprises have also begun to use Ledger Vault, according to the company’s vice president of product, Jean-Michel Pailhon. This product…
World’s largest sovereign wealth fund indirectly holds almost…
The Norwegian Government Pension Fund, also known as the Oil Fund, has over $1 trillion in assets, including 1.4% of all global stocks and shares. It is considered the world's largest sovereign wealth fund. According…
Grayscale CEO Quips About Bitcoin Buying Race With…
Michael Saylor, the Founder of MicroStrategy, said, so far, he has spent a total of $425 million buying Bitcoin. In a recent tweet, Saylor mentioned his firm had just purchased approximately 17k BTC. Including previous…
Nasdaq-Listed Microstrategy Raises Bitcoin Holdings to $425 Million…
Billion-dollar public company Microstrategy Inc. has bought 16,796 more bitcoins. The company has purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million. Microstrategy’s Bitcoin Investments Microstrategy Inc. (NASDAQ: MSTR) has…
MicroStrategy Board makes Bitcoin its primary reserve currency,…
MicroStrategy’s board of directors elected to make Bitcoin (BTC) the company’s primary reserve asset. The SEC disclosure stated that this may lead to the future expansion of the company's cryptocurrency holdings beyond the original purchase of…
The Top 5 Products That Every Bitcoiner Needs
In 2012, Bitcoin Black Friday was launched as a way for Bitcoiners to hack the mainstream consumerism holiday and promote their favorite technology as a killer tool for payments and encourage merchant adoption. Thousands of…
Microstrategy’s $250 Million Bitcoin Buy Consequential
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons…
Meet The Restaurant Owner Who Moved His Business…
This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! Ali Hamam owns a string of Mediterranean restaurants in Ontario with his…
MicroStrategy Buys Massive 0.1 Percent Of Total Bitcoin…
In the midst of massive quantitative easing, a global pandemic and uncertainty for the future of the U.S. dollar, a whopping 21,454 BTC was just swiped off the market by intelligence and mobile software company…
Bitcoin and Gold Short-Lived Correlation Not a Sign…
The Bitcoin (BTC) and gold one-month correlation reached a record high of 68% as Bitcoin hit $12,000 early in August, but the correlation crashed by 20% the following week. Despite this, Bitcoin looks set to…
Price Analysis 8/12: BTC, ETH, XRP, LINK, BCH,…
On August 11 MicroStrategy, the world’s largest publicly traded business intelligence company, announced that it had ditched fiat currency and built its primary treasury reserve with Bitcoin (BTC). The company’s CEO Michael J. Saylor believes…
MicroStrategy Buys 0.1 Percent Of Total Bitcoin Supply
In the midst of massive quantitative easing, a global pandemic and uncertainty for the future of the U.S. dollar, a whopping 21,454 BTC was just swiped off the market by intelligence and mobile software company…
Billion Dollar Public Company Microstrategy Moves $250 Million…
Nasdaq-listed company Microstrategy Inc. is bullish on bitcoin, saying that it is a “dependable store of value” that is “superior to cash.” The billion-dollar company has purchased $250 million in bitcoin, adopting the cryptocurrency as…
World’s Biggest Business Intelligence Firm Buys 21K Bitcoin…
The world’s largest publicly traded business intelligence company MicroStrategy (Nasdaq: MSTR) has formally adopted Bitcoin (BTC) as its primary reserve asset. In a press release issued on Aug. 11, MicroStrategy confirmed it had purchased 21,454…
New Report Explains Why XRP Takes Weekends Off
A new report by blockchain intelligence firm Flipside Crypto indicates that trading activity for XRP slows down considerably on the weekends. The question is, why? In the report called “4 Things To Know About XRP…