The $600 million in senior convertible notes will mature in March 2030, unless earlier repurchased, redeemed or converted into cash or MicroStrategy stock. MicroStrategy, the largest corporate holder of Bitcoin (BTC), is set traise $600 million as part of a move to buy more Bitcoin. The business intelligence firm confirmed the news in a March...Continue Reading
Rules for default judgment required the judge to acknowledge the SEC’s full argument. Judge Tana Lin partially satisfied the United States Securities and Exchange Commission request for a default judgment against Sameer Ramani, one of the defendants in the case of former Coinbase product manager Ishan Wahi and co-defendants. At the same time, Lin found...Continue Reading
DOGE rallied 95% in a week, but analysts signal that the bull run is only starting. Dogecoin (DOGE) has been at the heart of the memecoin frenzy for over a decade, and it continues to post wild gains, such as the 95% increase in the past 7 days alone. However, the rally has been accompanied...Continue Reading
Using a unique quantitative approach, ETHDenver speaker Brian Russ told attendees that ETH is fairly valued but could produce a 17x return by 2033. Ethereum (ETH) price has increased by 128% over the past 12 months and has gained 804,027% since opening for trading at $0.43 on Oct. 20, 2015. Despite this phenomenal growth, is...Continue Reading
Five United States senators have joined hands to fight President Joe Biden’s plans to issue a “digital dollar.” Five United States senators have joined hands to fight President Joe Biden’s plans to issue a “digital dollar” by co-signing legislation demanding a ban on central bank digital currencies (CBDCs). Senators Ted Cruz, Bill Hagerty, Rick Scott,...Continue Reading
After days of bidding, an anonymous user with a newly created wallet nabbed the NFT for 4,500 ETH. A rare alien non-fungible-token (NFT) claimed the second highest selling price ever for a Cryptopunk on March 4 when it sold for 4,500 Ethereum (ETH) worth $16,032,959.47 at the time of sale. An anonymous bidder purchased the...Continue Reading
While Bitcoin’s pre-halving rallies are historically profitable for investors, analysts expect the biggest gains to come after the halving, with some eyeing $130,000 to $180,000 by the end of 2025. Bitcoin’s 4-year halving cycles are widely associated with the subsequent crypto market bull runs that generally lead to new Bitcoin all-time highs. But is the...Continue Reading
Short sellers may be generating some of the gain, but MicroStrategy’s fundamentals are strong. The share price of MicroStrategy (MSTR) rose over 20% on March 4 in the early hours of trading in the United States. By midday, it retained a gain of over 15%. MicroStrategy is an active investor in Bitcoin (BTC). After closing...Continue Reading
Bitcoin looks ready to blast above its all-time high, but traders should remember that vertical rallies are rarely sustainable. The S&P 500 Index (SPX) and the Nasdaq Composite made a new all-time high last week, indicating a risk-on sentiment among investors. Bitcoin (BTC) also does not want to be left behind and is currently less...Continue Reading
5,000 BTC used to get you a pizza, now it’s worth more than some countries. Bitcoin held steady over the weekend and, as of March 4 and the time of this article’s publication, with a current value of $66.5K, it stands on the precipice of reaching its all-time U.S. dollar high of $68,991. This brings...Continue Reading
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