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MicroStrategy Buys Additional 13,005 Bitcoin for $489 Million

With the current BTC price, MicroStrategy’s total Bitcoin holding is worth more than $3.4 billion. MicroStrategy Inc (NASDAQ: MSTR) has continued its Bitcoin acquisition spree as it has purchased another $489 million worth of BTC. As of the 21st of June, the Nasdaq-listed business intelligence company holds 105,085 Bitcoins.The company announced its latest Bitcoin acquisition earlier today. According to the company, the newly acquired BTC totaled 13,005 at an average price of about $37,617,...

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La Banque centrale du Portugal accorde des licences à des plateformes d’échange d’actifs numériques

Après avoir clarifié, le 23 avril dernier, le processus d’enregistrement des entités ayant l’intention d’effectuer, sur le territoire portugais, des activités en relation avec des « actifs virtuels », la Banco de Portugal vient d’accorder pour la première fois des licences d’exploitation à deux plateformes d’échange de cryptomonnaies : Criptoloja et Mind The Coin. Comme pour les PSAN [1]...

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Bitcue: Cryptocurrency Investing Made Easy

[Featured Content] It goes without saying that cryptocurrencies are now far better known among the general public than they were a few years back. This is largely because of the tremendous increase in their valuation. With Bitcoin’s price reaching an all-time high of around $65,000 earlier this year, almost every traditional finance media outlet was breaking relevant news regularly. And yet, there are plenty of people that aren’t aware of the intricacies of cryptocurrencies,...

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Bitcoin Price Analysis: BTC Down 24% Weekly, Reaching Crucial Support Now

As a continuation to its nightmare’s week, Bitcoin dropped another 8% from today’s $35,600 opening price and recorded a current low of $31,700, according to Bitstamp. The primary cryptocurrency has been in a downtrend since reaching a weekly high of above $41.3K on Tuesday, and so far had seen a drop of 24% in just six days. After another Death Cross that took place on Saturday, where the 50-day MA crossed below the 200-day MA, the bulls are now attempting to defend a...

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F*CK ELON: Max Keiser & Stacy Herbert To Host a Bitcoin Maximalist Party

“Let fury have the hour, anger can be power. Do you know that you can use it?” — The Clash Max Keiser and Stacy Herbert (Keiser Report, Global Insurrection Against Banker Occupation, Orange Pill Podcast) will rage against the clampdown, live from the Spider House in Austin Texas on 8 July. “Bitcoin is eating the world. It’s time to party. I’m pumped,” said Keiser, hot off his viral performance at Bitcoin 2021. “We punch up!” said Herbert. “Fuck Elon! We’re bored of the FUD...

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Regulators Caution Banks: Attach Huge Capital Requirements to Crypto

The Basel Committee on Banking Supervision has released guidelines detailing huge capital requirements for banks looking to explore the crypto space.Regulators have cautioned banks contemplating diversifying into the volatile world of crypto assets. This year has seen a growth in interest of financial institutions looking to broaden their offer. The Basel Committee on Banking Supervision cautioned the lenders to exercise care in investing in digital currencies.The committee further announced...

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MicroStrategy Owns More Than 100,000 Bitcoins After Another Purchase Worth $500 Million

Michael Saylor’s business intelligence giant now owns over 100,000 bitcoins after the company purchased another chunk of 13,005 BTC for nearly $500 million. Consequently, the firm now has 0.5% of all bitcoins ever to exist. The founder and CEO of the NASDAQ-listed company announced the latest purchase earlier on June 21st. It came after the firm raised $500 million through an offering of senior secure notes, as reported earlier. MicroStrategy has purchased an additional...

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Bitcoin Will Lose to Ethereum Nine Times Out of Ten, Says Charles Hoskinson

Cardano founder Charles Hoskinson called Bitcoin outdated, owing to its inefficient community and work culture. The founder of Cardano Charles Hoskinson claims that Bitcoin, one of the most famous crypto assets in the world, will be the reason for its downfall. Owing to its slow rate of exchange, the Proof-of-Work system will be expropriated by the more convenient Proof-of-Stake networks.During a Podcast with Artificial Intelligence scientist Lex Fridman, the IOHK founder asserted that the...

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People’s Bank of China With a Broader Crackdown on Bitcoin and Crypto

The Chinese crackdown on crypto continues to escalate with a new statement from the nation’s central bank banning more banks and payment providers from interacting with digital assets. CryptoPotato reported today that one of the country’s largest banks, the Agricultural Bank of China, had prohibited its clients from doing business with anyone even remotely connected to the crypto space. Although that had an immediate adverse effect on the market, with prices starting to...

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Ethereum Dropped Below $2K for the First Time in a Month as BTC Slipped to $32K (Market Watch)

Following a somewhat stagnant weekend in which BTC remained in a range between $35,000 and $36,000, the asset dumped to a two-week low of just over $32,000. Most alternative coins have performed even worse, with ETH plummeting beneath $2,000 for the first time since May. Altcoins in Red; ETH Below $2K Altcoins have been gradually declining in value for the past several days. Ethereum has been at the forefront as it traded well above $2,600 less than a week ago. However, the...

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