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…
Blockchain Bites: MicroStrategy’s $250M Bitcoin Bet, India Booms,…
MicroStrategy bets $250 million on bitcoin’s safe haven thesis. Indian crypto is booming. And David Marcus has a new role at Facebook. Top shelf Banks buying“Major U.S. banks might be willing to support cryptocurrency services…
Charles Hoskinson Laughs Off Claims He’s Bailing Out…
Ethereum Classic was 51% attacked for the second time in less than two years. The most recent hack, which happened over a two-day period starting July 31st, netted hackers an estimated $5.6 million. Since then,…
Stellar (XLM) Could Kick Off a Wild Uptrend…
Stellar (XLM) has been consolidating in recent weeks, struggling to garner the momentum that many of its smaller counterparts have been seeing. It now appears that the cryptocurrency could be well-positioned to see an explosive…
Crypto Roundup: August 10th, 2020
Bitcoin kick-started the week by popping above $12,000 as the dollar dropped as the Asian market opened. This sudden rally reflects the cryptocurrency’s fresh appeal as a safe haven asset. Bitcoin has caught bids alongside…
Building on Taproot: Payment Pools Could Be Bitcoin’s…
This article is about a technological concept based on the proposed Taproot protocol upgrade. If you’re not yet familiar with the basics of how Taproot works, it’s recommended that you first read this explainer. Taproot,…
With Value Approach, Off The Chain Capital Is…
When viewed from a traditional investing lens, bitcoin may seem like a risky bet. The technology is still relatively new, the price is notoriously volatile and it’s not uncommon to hear investors caution newcomers not…
Peru, India, Indonesia, Nigeria Among Countries With Highest…
Peru, India, Indonesia, and Nigeria are among the countries with the biggest increase in crypto wallet creation based on data from Blockchain.com, which has over 52 million wallets created by users worldwide. Nigeria has been…
Bitcoin Price Is in ‘Early Main Bull Phase’…
Bitcoin (BTC) is copying what it did a year before its $20,000 all-time highs, and the new bull market has been here for over a year already. That was according to popular statistician Willy Woo, who…
Bitcoin Price Rises in Tandem With Central Banks’…
Bitcoin (BTC) is becoming investors’ favored escape from fiat misery and punitive economic policy — and central banks are only helping. In a tweet on Aug. 11, popular commentator Holger Zschaepitz described Bitcoin as the…