Bitcoin (BTC)

MicroStrategy, an Enterprise Business Intelligence (BI) platform that provides software, cloud computing, and other services to a wide array of clients, also happens to be one of the world’s largest Bitcoin holders, with approximately 140k Bitcoin in reserves. Out-competing by HODLing The decision to purchase Bitcoin in bulk was made by then-CEO Michael Saylor in 2020, citing concerns over inflation. According to him, simply HODLing BTC has given his firm an edge over rivals...

The banking sector of Africa is worth $86 million at the time of writing, and bitcoin and other cryptocurrencies are expected to disrupt the industry like no other technologies can. Africa Could Be Completely Changed Thanks to Bitcoin Mike Brock – CEO of TBD at Block, a financial company run by Jack Dorsey – says one of the big ways that bitcoin can help Africa is that it can be used to ultimately move money around regardless of the present state of the economy. He...

Benjamin Von Wong – a Canadian artist responsible for creating the “Skull of Satoshi” installation back in mid-March – has apologized for his work, claiming in a recent interview that it was “never meant to be anti-bitcoin,” and he is not pleased people took it in such a way. Benjamin Wong: I Never Sought to Create an Anti-Bitcoin Project Wong stated: It was an optimistic hope that bitcoin could shift away from the needless burning of fossil fuels without losing all the...

Despite a relatively broad history with cryptocurrencies and digital assets, graphics card manufacturer Nvidia has come out to say that crypto has no purpose in society. Nvidia Doesn’t Think Crypto Has Much to It In a recent interview, the company’s chief technology officer Micheal Kagan commented that the graphics cards Nvidia creates should be utilized for activities other than simply mining crypto. He suggested using them to power AI-based technologies like Chat GPT....

ADA price is showing bearish signs below the $0.412 support zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.3980 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.412 resistance zone. Cardano price is struggling below $0.412 against the US Dollar, similar to Bitcoin. ADA price could...

The Kingdom of Bhutan – a landlocked country situated in the Eastern Himalayas – has reportedly used its renewable sources of energy to run a bitcoin mining operation for years. A government representative said the process started when BTC was worth around $5,000. It is worth noting that the primary cryptocurrency reached that level for the first time in October 2017. Another country that has done so is El Salvador. The Latin American nation, which became the first to make...

Avec près de 3 millions d’inscriptions depuis sa naissance en janvier 2023, le protocole Ordinals a le vent en poupe ces derniers jours, dopé par le succès des jetons BRC-20, un projet expérimental lancé début mars. Le nombre quotidien d’inscriptions effectuées via Ordinals s’élevait samedi à 223 000 environ, selon dune.com.  Rappelons tout d’abord que le protocole Ordinals, pure convention permettant d’attribuer un numéro à chaque...

Just a day ago, we talked about how Coinbase was served a Wells notice by the Securities and Exchange Commission (SEC). The situation is scary given that Coinbase has met with the SEC over 30 times in recent years, and thus the exchange really doesn’t appear to be in a position of any wrongdoing. The situation just comes off as more evidence that Biden and his nation and innovation-hating cronies will do anything to ensure crypto dies in America and that residents cannot...

The Bitcoin ordinal inscription craze is back, and network transactions are surging as a result. On May 1, on-chain analytics provider Glassnode reported that daily transactions were approaching peak levels. The 30-day moving average for the metric had reached 348,700 daily transactions. Furthermore, the peak level was measured in 2017 when it reached 379,000 transactions per day on average. However, these figures are taken from moving averages. According to Blockchain.com,...

Stellar lumen price is struggling below the $0.100 resistance zone against the US Dollar. XLM price is now trading below $0.0980 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.0980 on the 4-hour chart (data feed via Kraken). The pair could start a recovery wave if it clears the $0.100 resistance. Stellar lumen price is trading below $0.100 against the US Dollar, similar to Bitcoin. XLM price could extend...