MicroStrategy halted Bitcoin purchases, says it will hodl $30B BTC
Since its initial $250-million Bitcoin acquisition in August 2020, MicroStrategy has bought 471,107 BTC as of February for roughly $30 billion.
Since its initial $250-million Bitcoin acquisition in August 2020, MicroStrategy has bought 471,107 BTC as of February for roughly $30 billion.
In a significant development, former President Donald Trump has announced a temporary halt to the **planned tariffs** on imports from Mexico, as reported on February 3rd. This agreement, reached directly with the **Mexican President**, marks a noteworthy shift in trade relations between the two nations. Such a **suspension of tariffs**, albeit for one month, reflects … Read more
Sam Bankman Fried (SBF), the founder of FTX, was sentenced to 25 years in prison for fraud. His parents have been exploring the possibility of securing a pardon for their son from the US President Donald Trump. According to reports, they met with lawyers and individuals during Trump’s admission to discuss clemency. Trump has granted … Read more
The cryptocurrency market has experienced a dramatic downturn, with significant losses across major digital assets. Bitcoin (BTC) has fallen below $95,000, Ethereum (ETH) has plummeted to $2,600, and altcoins like XRP, Solana (SOL), and Dogecoin (DOGE) have suffered double-digit declines. This crash, driven by geopolitical tensions and new US trade tariffs under President Donald Trump, has … Read more
Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs after amassing considerable liabilities. … Read more
This election cycle saw a sharp increase in political spending from cryptocurrency companies, positioning the industry to influence U.S. politics. Already several states have begun exploring the creation of strategic Bitcoin reserves. As Bitcoin becomes more institutionalized, its adoption by state treasuries is seen as a victory for the crypto sector. However, this trend raises … Read more
KAVA .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– ? –> Price 7d is intriguing in the midst of lots of coins losing 15%-20% of the price in the span of 24 hours amid a mass crypto liquidation event. Some of those are top 10 coins. Wounded traders all around. … Read more
Through a recent acquisition, Kraken is now allowed to offer derivative products across the European Union.
The crypto market is at the “last shakeout” phase before the onset of a bull run. Today is the period of market correction where weaker hands are forced to sell, clearing the path for the real bull run to attacks. In 2013 .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– … Read more
World Liberty Financial, the cryptocurrency project set up to enrich President Donald Trump, reportedly offers a quid pro quo to investors, according to a report from Blockworks. The terms of this arrangement reportedly state that if crypto teams buy at least $10 million worth of the WLFI tokens associated with World Liberty Financial, then World … Read more