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…
Why Investors Are So Excited About MicroStrategy’s Bitcoin…
MicroStrategy has announced another convertible bond raise, this time priced at $900 million, in order to buy even more bitcoin. How does this compare to its last bond offering? And why isn’t it going to…
At $1 Trillion BTC Market Cap, Microstrategy Completes…
This article and headline were updated on February 19, 2021. As Bitcoin hit new all-time price highs over $53,000 and the asset’s market capitalization passed $1 trillion, MicroStrategy CEO Michael Saylor announced on Twitter that…
MicroStrategy Ups Note Offering For Buying More Bitcoin…
Just one day after CEO Michael Saylor announced that his company MicroStrategy was proposing a private offering of $600 million of convertible senior notes to buy more bitcoin, he announced that the offering will actually…
NYDIG Registers for a Bitcoin ETF, Morgan Stanley…
Just recently, during Microstrategy’s “Bitcoin for Corporations” event, Stone Ridge Asset Management and New York Digital Investment Group (NYDIG) founder, Ross Stevens, explained that he sees a “wall of money” entering the bitcoin space. A…
MicroStrategy To Offer Another $600 Million Of Convertible…
Gigachad CEO Michael Saylor announced on Twitter this morning that his company, software intelligence firm MicroStrategy, has proposed a private offering of $600 million in convertible senior notes so it can “use the net proceeds…
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…
Stablecoin adoption and pivot to DeFi drive Algorand…
In the past few months cryptocurrencies have become a frequent topic of discussion among the mainstream media and traditional investors partially because of the Bitcoin evangelism of well-known influencers like Elon Musk, Mark Cuban and…
2 Crucial Bitcoin Takeaways from Powell’s Economic Club…
Bitcoin plunged by more than $3,000 after establishing a record high on Tuesday, stoking concerns about an extended price decline on growing profit-taking sentiment. Nevertheless, the flagship cryptocurrency discovered a substantial interim support range above…
Are Elon Musk’s Dogecoin Tweets Misdirections? Or Just…
At the outset of this article, let’s start with the fact that Tesla’s purchase of bitcoin was in the best interest of the company. It is the most effective way CEO Elon Musk and company…
Too late for Tether FUD as Bitcoin price…
Bitcoin (BTC) will never be the same and it's too late to use Tether (USDT) as an excuse to be bearish, Cointelegraph Markets analyst filbfilb says. In a series of tweets on Feb. 10, the…
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…
It’s Happening: Tesla Buys $1.5 Billion Of Bitcoin
Elon Musk’s multi-billion dollar company, Tesla, has purchased an aggregate $1.5 billion of BTC and will begin to accept the cryptocurrency as payment, per a financial performance report filing with the U.S. Securities and Exchange…
Asset Manager Stone Ridge’s NYDIG Sees Wall of…
The founder of Stone Ridge Asset Management and the New York Digital Investment Group (NYDIG) sees a “wall of money” coming into bitcoin based on his firm’s order book. The executive believes that institutions are…
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…
Growing list of billion-dollar crypto ‘unicorns’ suggest the…
In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover…
DeFi tokens lead the market higher as Bitcoin…
Several DeFi tokens saw their prices breakout on Feb. 4 as Bitcoin (BTC) and Ether (ETH) prices traded sideways for the day. Aside from the general bullish trend permeating the DeFi sector, positive comments from…
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…
Market Wrap: Bitcoin Cracks $37.2K as Ether Breaks…
Bitcoin is back on a bull run but ether has hit a new all-time high and traders see it has room to grow. Bitcoin (BTC) trading around $37,092 as of 21:00 UTC (4 p.m. ET).…
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…
Bitcoin price hits $36,800 shortly after Ethereum closes…
On Feb. 2 Ether (ETH) saw its price breakout to a new all-time high at $1,555 as increased activity in the derivatives market provided clear signals that traders were bullish on the long-term prospects of…
Bitcoin and Ethereum held on exchanges drops to…
Recent global developments have put a spotlight on the cryptocurrency sector as people across the world begin to question the decision making process of governments and central banks. Multiple metrics like the increasing amount of…
Michael Saylor Predicts Massive Investor Shift from Gold…
Michael Saylor, the ‘bitcoin slayer’ that needs no introduction, continues his attacks on everything non-bitcoin, this time unleashing his wrath on gold. It Feels Great, Says Saylor of Owning More Than 71K Bitcoins In an…
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.…
After Elon Musk Changes Twitter Bio To “#Bitcoin,”…
Early this morning, Elon Musk, the CEO of SpaceX and Tesla, as well as the richest person in the world, changed his Twitter profile to read “#bitcoin” and tweeted a cryptic message that many in…
Saylor: Institutional Interest in Bitcoin is Bigger Than…
MicroStrategy CEO Michael Saylor says institutional interest in Bitcoin is snowballing. He predicts the coming year will see a flood of companies follow MicroStrategy’s lead to acquiring Bitcoin as a treasury strategy. More interestingly, Saylor…
MicroStrategy Boss: No-One Can Take Your Bitcoin, Not…
MicroStrategy CEO Michael Saylor is singing the praises of Bitcoin once more. This time, Saylor talks approvingly of its convenience, as well as its capacity to keep all parties honest. But above all, in a…
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…
Bitcoin price bounces above $32K as MicroStrategy buys…
Bitcoin (BTC) showed signs of a resurgence on Jan. 22 after a trip below $30,000 produced fresh buyer support. BTC price seals 8.5% daily bounce Data from Cointelegraph Markets and TradingView showed a stronger trading day…
Are Bitcoiners A**holes?
We’ve been dubbed “Toxic Bitcoin Maximalists” as an attempted insult. We don’t flinch, we wear it as a badge of honor. We make no apologies for our matter-of-factness, our confidence or our meme warfare. You…
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…
Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks…
Bitcoin Price Taps $41,970, Morgan Creek Partner Says…
Bitcoin’s price continues to move northbound, as the crypto asset’s value has touched another all-time high (ATH) this week reaching $41,970 per coin on Friday morning (EST). The digital asset bitcoin is now the 7th…
Why 2021 Will Be A Big Year For…
2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and…
FT reveals Bitcoin headline on 12th anniversary of…
Bitcoin (BTC) received a fitting yet accidental birthday present on Jan. 4 as the Financial Times made it front-page news on the 12 anniversary of its genesis block. Released on Monday, the FT's upcoming headline…
Mining, Institutional Adoption And Community Voice Defined Bitcoin’s…
2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and…
2020 in review: Cointelegraph art team limited edition…
When you ask someone what superpower they’d most like to have, they usually come up with the ability to fly, or to read thoughts, or maybe to see through multiple layers of clothing. This year,…
Reader Survey: Bitcoin’s 2020 And 2021
In case you hadn’t noticed, 2020 was a bit wild. And many of the unprecedented events of the year directly impacted Bitcoin and its value proposition. A pandemic-driven wave of economic stimuli highlighted the need…
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 Hits $25,890, Peter Schiff Thinks BTC Price…
The price of bitcoin jumped well over the $25k handle touching a high of $25,890 on Saturday morning (EST). The crypto asset has an overall market valuation of $476 billion this weekend gaining over 6.8%…
Skybridge Bitcoin Fund Launches With $25 Million, Expecting…
Global investment firm Skybridge Capital has launched a bitcoin fund with $25 million. The founder of the company, Anthony Scaramucci, is bullish about bitcoin. “It’s the first inning,” he said, adding that “You are about…
These Bitcoin Leaders Saw Ladders In 2020’s Chaos
2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and…
Microstrategy Buys 29,646 More Bitcoins — Now Holds…
Nasdaq-listed Microstrategy has purchased 29,646 more bitcoins for $650 million. The latest purchase brings the company’s bitcoin holdings to 70,470 — worth more than $1.6 billion. Microstrategy Now Has Over $1.6 Billion in Bitcoin Billion-dollar…
Elon Musk Ponders Tesla Putting Billions Into Bitcoin,…
Tesla and Spacex CEO Elon Musk made a series of tweets about bitcoin on Sunday. One of them concerns whether it is possible to buy bitcoin in “large transactions,” particularly for Tesla to convert its…
2020: We Were Right
2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and…
Who Are The Investors Backing Michael Saylor’s Big…
Software intelligence firm MicroStrategy made one of the boldest investment moves of the year when it invested $250 million into bitcoin, buying about 0.1 percent of the total supply in August. Its CEO, Michael Saylor,…
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…
Efficient Market Hypothesis: MicroStrategy’s $650M Bitcoin Buy Has…
Bitcoin price is making an attempt to get back over $18,000 after it flirted with the mid-$17,000 range in the overnight hours. The leading cryptocurrency by market cap has only bled further over the last…
Canadian Crypto Company Increases Its Bitcoin Treasury Holdings…
BIGG Digital Assets, a Canadian crypto company, revealed this week that it bought 40 additional bitcoins for long-term treasury holding. The purchase increased BIGG’s reserves to 189.5 bitcoins valued at US$3.63 million in total. The…
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,…
‘A flood of money and credit’ — Ray…
Bitcoin (BTC) can offer protection against the “depreciating value of money,” newly bullish investor Ray Dalio says. In a Reddit “Ask Me Anything” session on Dec. 8, Dalio, who last month abandoned his skepticism of…
A flood of money and credit — Ray…
Bitcoin (BTC) can offer protection against the "depreciating value of money," newly-bullish investor Ray Dalio says. In a Reddit "Ask Me Anything" session on Dec. 8, Dalio, who last month abandoned his skepticism of Bitcoin,…
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 price can hit $100,000 if BTC replicates…
The price of Bitcoin (BTC) has quadrupled in the past nine months, which means another similar rally will put $100,000 on the table in the foreseeable future. The 1-day chart of Bitcoin (Coinbase). Source: TradingView.comDan…
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…
Microstrategy Buys More Bitcoin, Now Holding BTC Worth…
Nasdaq-listed billion-dollar company Microstrategy has made its third large bitcoin purchase. The company now holds about 40,824 bitcoins, worth over $780 million at the current price. Microstrategy’s Third Bitcoin Buy Microstrategy Inc. (NASDAQ: MSTR) has…
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…
Corporate Bitcoin frenzy: Companies now hold $15.3 billion…
As of Nov. 20, companies hold around 842,229 BTC or 4.54% of today’s Bitcoin (BTC) supply, according to the Clark Moody dashboard and data from Bitcointreasuries. This is equivalent to a staggering $15.3 billion at the…
Chainalysis: 2020 Is The Year of The Institutional…
Chainalysis recently released an article titled “Why Bitcoin is Surging and How This Rally Is Different from 2017 (Hint: It’s Who’s Buying).” The blockchain analytics firm referenced Bitcoin’s amazing run of form, in which the…
Bitcoin monthly candle close signals possible mega rally…
Historically, when a Bitcoin (BTC) monthly candle closes above previous candles, the digital asset has seen a prolonged rally. Atop this high time frame pattern, Bitcoin’s monthly candle in September closed above $13,000 for the…
Microstrategy CEO Personally Owns $240 Million in Bitcoin…
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings.…
$250 Trillion in Assets Looking for Ideal Store…
The CEO of Nasdaq-listed billion-dollar company Microstrategy has made a strong bull case for bitcoin. He says there is a $250 trillion ocean of assets looking for the ideal store a value right now and…
As Corporations Build Bitcoin Treasuries, We All Win
The last three months in Bitcoin have been marked by large corporate entities transitioning significant portions of their treasury holdings into bitcoin. In August, software intelligence company MicroStrategy announced that it purchased 0.1 percent of…
Bitcoin vs Gold: Where are Institutions Putting Their…
Analysts have long tried to imply a strong connection between Bitcoin and gold as safe-haven investments in times of trouble. In theory, this works, as both the crypto asset and the precious commodity are used…
Record-high Bakkt Bitcoin delivery exposes institutional frenzy for…
Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months.…
Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank…
Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin…
Stone Ridge’s 10k Bitcoin Bet Shows Changing Sentiment…
New York-based asset managers Stone Ridge confirms 10k Bitcoin ($115 million) holding in its treasury. Stone Ridge purchased the Bitcoin via subsidiary firm New York Digital Investment Group (NYDIG), one of the few companies with…
Bitcoin volume unaffected by Tether’s (USDT) market dominance…
Tether’s (USDT) stablecoin has been the leading base pair for cryptocurrencies for over eighteen months. This is a rather impressive feat given the ongoing court case with the New York Attorney General and the other…
The Hard Forks That Didn’t Dilute Bitcoin
Some time ago, one of the more thoughtful critiques of Bitcoin went a little like this: “Sure, bitcoin is scarce in its supply, but since it’s effectively costless to clone the software and fork it,…
Bitcoin Balances on Exchanges at 2-Year Low and…
The balance of bitcoin on major exchanges has hit its lowest levels since November 2018. Yet unlike that time, when bitcoin was in the depths of the crypto winter, some see this current spate of…
Grayscale Investments Scooped Up Over 17,000 BTC in…
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The…
Decoupling? Bitcoin vs. gold ratio snaps out of…
Bitcoin (BTC) may soon “decouple” from traditional assets, says statistician Willy Woo as a key gold relationship breaks out of a long-term downtrend. In a tweet on Sep. 25, Woo forecast that Bitcoin would act…
MicroStrategy CEO Assures Bitcoin Holders He Will Not…
MicroStrategy CEO Michael Saylor has directly addressed concerns that he will dump Bitcoin at the first opportunity. In a tweet sent yesterday, Saylor sought to reassure the Bitcoin community by saying he is in it…
Crypto Roundup: September 21st, 2020
Bitcoin is back in the driving seat. The leading crypto has made 2.5% gains over the past week, pushing the crypto market upwards as sentiment shifts in favor of the bulls. The move comes on…
Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company…
Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when…
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…
‘Other companies will follow’ — MSTR stock up…
The Nasdaq-listed firm MicroStrategy (MSTR) is continuing to purchase hundreds of millions of dollars worth of Bitcoin (BTC), resulting in its company stock price to gain over 9% on Sep 16. MSTR stock recovers to…
‘Gold is dangerous’: Why Jim Cramer will invest…
Recently, Jim Cramer, the host of CNBC’s Mad Money, says he might invest 1% of his net worth in Bitcoin (BTC). The famed investor drew comparisons between BTC and gold and cited the importance of…
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 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…
Crypto Long & Short: The Surprisingly Sunny Outlook…
Every epic tale needs a tragic hero, and one of the top candidates for that role in this century’s dramatic passage so far has to be the hedge fund manager. Toppled from their masters-of-the-universe pedestal…
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…
Invest 3% in Bitcoin to Avoid COVID-19 Lockdown…
Coronavirus lockdowns will force people out of fiat currency and into gold and Bitcoin (BTC), the CEO of cryptocurrency asset manager BitGo has warned. In a series of tweets on Aug. 12, Mike Belshe strongly…