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MicroStrategy Purchases 21,454 BTC and Makes Bitcoin Its Primary Treasury Reserve Asset

As a result of the announcement by MicroStrategy about purchasing BTC, the company’s shares jumped 9.12% yesterday.MicroStrategy Incorporated (NASDAQ: MSTR), the largest independent publicly-traded business intelligence company, yesterday announced that it purchased 21,454 BTC worth $250 million, inclusive of fees and expenses.The company said that the decision to make Bitcoin its primary treasury reserve asset was in accordance with its long term investment strategy.“Our investment in...

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Venezeula Could Start Collecting Taxes And Sanctions in Cryptocurrencies

Venezuela’s Bolivarian Council of Mayors has signed a new tax agreement in 305 municipalities across the country. Called National Tax Harmonization Agreement, it will allow the nation to raise taxes and sanctions using the nation’s cryptocurrency – the Petro.Cryptocurrency Tax Collection In VenezuelaAccording to the recent local report, the mayor of the Libertador Bolivarian Municipality signed the document after a presidential pass on behalf of the Bolivarian Council of Mayors. Venezuelan...

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DeFi Tokens Defying Market Dump on YAM Farming Frenzy

The big boys on crypto markets such as Bitcoin, Ethereum, and XRP may be slumping today, but DeFi tokens are still on fire. Five of the top six performing tokens in the top one hundred are related to DeFi, and there is a good reason for that.Enter the YamA new yield farming opportunity called Yam Finance has been launched promising huge returns and a revolutionary and fair financial farming ecosystem. Since it launched late on Tuesday, August 11, yield farmers have been loading up on DeFi...

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Tron (TRX) Price Analysis: Trading Near Breakdown Zone In Uptrend

Tron price started a steady decline after it failed to clear the $0.0220 resistance against the US Dollar.TRX price declined below the $0.0205 support zone and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.0196 on the 4-hours chart (data feed via Bitfinex).The pair could either start a fresh increase above $0.0200 or it might extend decline below $0.0195.TRON price is struggling to stay in a positive zone against the US Dollar, similar...

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Bitcoin et les banques – Classement d’août 2020

Voilà la dernière mise à jour de notre classement des banques. Ce tableau a été conçu à partir des résultats d’un sondage permanent s’adressant à toutes les personnes ayant utilisé au moins une fois leur compte bancaire pour transférer des fonds afin d’acheter ou de vendre des bitcoins ou d’autres crypto-monnaies.  Le résultat est exprimé sous la forme d’un « taux de satisfaction » (nombre...

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#946 MicroStrategy kauft 21.000 Bitcoin (BTC), Russland Kampf gegen Monero und Dash & Steuern in Krypto zahlen Venezuela

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 946. Im heutigen Video geht’s um folgende Themen: MicroStrategy bestätigt seine 21.000 Bitcoin (BTC)-Investition, Russland geht gegen Monero und Dash vor & Steuern in Krypto zahlen in Venezuela. 1.) MicroStrategy bestätigt seine 21.000 Bitcoin (BTC)-Investitionhttps://blockchain-hero.com/microstrategy-bestaetigt-seine-21-000-bitcoin-btc-investition/ 2.) Russland: Behörde sagt Monero und Dash den Kampf...

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Three Teens Unveil Rari Capital, a New Decentralized Finance and Crypto Platform

Getting a business off the ground is hard work, but for three crypto-loving teenagers, that dream has become a reality. Jai Bhavnani, Jack Lipstone and David Lucid are between the ages of 18 and 19, but they’re already in charge of a new crypto startup called Rari Capital.Rari Capital Has Grown Into Something Much BiggerThe company is both a traditional manager of portfolios and assets and a provider of long-term investing strategies. All three of the company’s founders have been actively...

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Goldman Sachs Is Looking to Build Its Own Cryptocurrency

Goldman Sachs appears to be changing its tune yet again on bitcoin and is delving deeper into the crypto space.Goldman Sachs Is Changing Its Stance on BTCThe company announced that it is appointing a new head of crypto and says that it will look into potentially building its own virtual token as a means of competing with the world’s number one digital currency by market cap. These are big words coming from a business that just three months ago, hosted an entire seminar about why bitcoin...

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Chainlink Has Reached a New All-Time High

Bitcoin has been soaring as of late, but not so much that it’s been knocking its altcoin cousins to the side. Several smaller coins, including Chainlink (LINK), are doing quite well at the time of writing. LINK has recently hit a new all-time high.Chainlink Is Bigger Than EverOver the last four weeks, the price of LINK has grown by more than 120 percent. Each LINK unit is now trading for roughly $13 each, and things are getting bigger by the minute. The currency has risen by more than 500...

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First Of Many? NASDAQ-Listed Company Buys $250 Million in Bitcoin as Inflation Hedge

MicroStrategy has become the first NASDAQ-listed company to buy Bitcoin as part of its planned capital allocation strategy.Bitcoin is Better than CashAccording to an official press release on Tuesday (August 11, 2020), MicroStrategy bought 21,454 BTC at $250 million. The company stated that Bitcoin, which is seen as an investment asset, is the firm’s main reserve in its treasury.MicroStrategy’s BTC buy follows an earlier statement made in late July. The company revealed that it was going to...

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