Microstrategy Acquires Another $10 Million in Bitcoin, Company Balance Sheet Nears 100K BTC

On Friday, the incorporated and publicly listed business intelligence (BI) firm, Microstrategy announced the company has acquired an additional $10 million in bitcoin. The company’s CEO Michael Saylor revealed the latest purchase on Twitter with a link to a Form 8-K Securities and Exchange Commission (SEC) filing registered on March 5, 2021. Microstrategy’s Bitcoin Buying […]

GameStop tale exposes regulatory paternalism and DeFi’s true value

GameStop brings forward the prospect of a paradigm shift that challenges existing regulations: decentralization.

No more 'Bitcoin effect'? MicroStrategy stock falls by 50% in 17 days

The excitement around Bitcoin has spilled over beyond spot price, data shows, with MSTR going from above $1,300 to $629 in just 17 days.

Kraken CEO on Bitcoin: “It’s Going to Infinity”

In an interview with Bloomberg, Kraken CEO and founder Jesse Powell gave a perplexing prediction of Bitcoin’s future value: “When you measure it in terms of dollars, you have to think it’s going to infinity.” Powell was quick to justify his comment by painting a future where instead of comparing Bitcoin to fiat currencies in order to determine the value of an item, prices are considered solely in Bitcoin: I think pretty soon people are […]

Sports And Entertainment Centric Token Chiliz CHZ Added To The Growing List Of Coins On OKEx

Sports and entertainment are one of those industries that were hit hard by the pandemic, but fan-focused collectibles offered as crypto assets called NFTs have supplied them the much needed recovery in terms of revenue and resurgence of interest. This booming trend has exploded across mainstream media, and to meet the growing demand from customers across the globe, OKEx has listed Chiliz’s CHZ token for spot trading on the popular cryptocurrency trading platform. Leading Crypto Trading [& ...

‘Better as friends’: DeFi protocols Yearn and Cover announce cessation of merger

The relationship is "c-over" between Yearn Finance and Cover, an emotional split related to a new protocol from Cover developers.

Crypto Pepes: What does the frog meme?

‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway

The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the […]

Bitcoin’s next top could be between $75K and $306K, Kraken research suggests

A reading of the historical data paints a promising picture for Bitcoin's potential growth in 2021.

CME’s Crypto Futures Volume Close to $60 Billion in February: Report

Last month the cryptocurrency futures contracts offered by the Chicago Mercantile Exchange (CME) saw their trading volume reach $59.6 billion. Its BTC futures made up the majority of the trading volume, with the newly launched ETH futures contracts reaching $1 billion. According to CryptoCompare’s February 2021 Exchange Review, CME’s bitcoin futures trading volume increased by […]