Software firm MicroStrategy doesn’t plan to back down from its strategy of hoarding Bitcoin anytime soon. In a recent filing with the U.S. Securities and Exchange Commission, the company said it plans to sell $750 million in stock and use the money to buy more Bitcoin.
MicroStrategy will issue and...
Michael Saylor made the headlines in the past two years as one of the biggest Bitcoin bulls out there. He was once again the talk of the financial world on Tuesday, but this time for a completely different reason. MicroStrategy, the company he founded in 1989, announced that Saylor...
Tech giant Meta is scaling down its involvement in the cryptocurrency world; at least for now. The parent company of Facebook, WhatsApp, and Instagram is pulling the plug on the crypto-focused digital wallet Novi.
According to the statement on Novi's official website, the service will stop taking payments on July...
On the surface, it looks like the crypto market is slowly returning to normal. Still, the recent activity of Bitcoin miners is telling us otherwise.
Bitcoin miners are notorious for their "HODL" policy, which preaches on holding the mined coins and driving the price up. However, this became a risky...
Bitcoin continued its free fall on Monday as a result of the deteriorating crypto market. The leading cryptocurrency is trading for $23,639.30, which marks its lowest since December 2020.
The past few months have been hard not only on Bitcoin but all other coins. Investors are steering clear from riskier...
It wasn't pretty being a cryptocurrency investor in recent weeks. Almost all cryptos experienced major ups and downs, none more than once-reliable Eethereum.
Ethereum, which is the second most-valuable crypto behind Bitcoin, crashed hard late last week to reach its lowest point in the past six months. It traded for...
The Basel Committee on Banking Supervision announced on Thursday that cryptocurrency investments such as Bitcoin will be subjected to the highest capital requirements for holdings as global regulators aim to limit their threat to the stability of the banking sector.
“The growth of crypto-assets and related services has the potential...
Dow Jones futures declined at a steady rate on Wednesday morning, with the S&P 500 and Nasdaq futures following closely in their footsteps. This news comes after the stock market's previous rally closed lower on Tuesday.
While Dow Jones futures declined by 0.4%, S&P 500 futures and Nasdaq 100 futures...
Bitcoin has been the talk of the finance town for years, and the kingpin of cryptocurrency. Considering it has a 587% pole vault over the last year, just about everyone wants a piece of the action, and we can't blame them. However, Bitcoin has also been a fickle friend...
Don't feel down on yourself if you didn't jump on the Dogecoin hype before it exploded. Most individuals are just like you, especially because a shockingly small group of people own the majority of Dogecoin shares.
At a $46 million market cap, the meme-based cryptocurrency has been turning heads left...