American business intelligence company MicroStrategy has recorded another quarterly loss after calculating the value of its Bitcoin portfolio. According to a Bloomberg report, MicroStrategy recorded a net loss of $249.7 million, narrowed down to $21.93 a share, in Q4 2022. The firm’s revenue declined by 1.5% to $132.6 million, going lower than the estimated drop. MicroStrategy Records $198M Impairment Charge The Virginia-based company incurred an impairment charge of $197.6...
Read More »Further Price Hikes for Bitcoin Were Recorded Last Month
The bitcoin boom continues as more time in January was able to bring the world’s number one digital currency by market cap beyond the $19,000 mark, something the currency hadn’t seen since November of 2022. Bitcoin Is Growing Like Crazy January has brought on a certain degree of healing for most digital currency investors and traders. The previous 12 months had been so disastrous for bitcoin, literally eliminating more than 70 percent of its overall valuation. The...
Read More »Esclave du futur, certes, mais sous quel régime?
Imaginons qu’on vous endorme et transporte pour subir une opération douloureuse à l’hôpital. Pour votre réveil, vous avez le choix entre deux options : 1. L’opération s’est déroulée la veille et a duré quatre heures,2. l’opération aura lieu le lendemain et ne durera qu’une heure.Vous préférerez généralement la première option, étant donné que la douleur est passée. La seconde option implique certes une douleur moindre, mais à venir....
Read More »Crypto Firm Animoca Brands Is Bringing Back Movie Pass
Movie Pass – a program that seeks to provide lesser-priced movie tickets to theatergoers – is back with a bang. This time, it’s backed by cryptocurrency and getting a little help from the blockchain space. Movie Pass Is Coming Back with Crypto in Its Corner The company has had a rather harsh run of things, first rising to the ranks over a decade ago in 2011. The enterprise sought to provide discounted movie tickets, though there appears to have been some controversy...
Read More »Memecoins Explode Weekly: BabyDoge Soars 150%, SHIB Up 28% (Weekend Watch)
Unlike some of the previous weekends since the start of the year, this one has been rather calm for bitcoin, which remains slightly above $23,000. Some altcoins, though, have performed more impressively, including OKB and a few memecoins. SHIB, BabyDoge Skyrocket CryptoPotato reported yesterday Shiba Inu’s massive daily increase of over 10%. However, the second-largest memecoin is well in the green once again on a daily scale. SHIB is up by another 7.5%, while its weekly...
Read More »Texas BTC Miners Face More Problems After Another Storm Hit the State: Report
Bitcoin miners located in Texas reportedly suffered severe disruption of their operations due to a blizzard that battered the region. The extreme weather conditions prompted them to switch off their machines to preserve the local power grid. The Cold Winter in Texas Surprised Crypto Miners As reported by Bloomberg, the ice storm that hit “the Lone Star State” damaged some of the equipment of the domestic bitcoin miners. Electricity consumption surged significantly due to the...
Read More »Here’s the Next Support for XRP if $0.40 Fails (Ripple Price Analysis)
XRP’s price has not yet shown any significant strength as it continues its struggle to surpass a critical resistance level over recent weeks. Things are not looking much better against BTC, with a major support level getting broken to the downside. Technical Analysis By: Edris XRP/USDT Daily Chart On the daily chart, the price has been consolidating in a tight range below the $0.43 resistance level for quite a while. The 200-day moving average, located around $0.4, has been...
Read More »Report: Illicit Crypto Activity Reached Its Highest Point in 2022
Illicit cryptocurrency transactions increased tenfold in 2022, marking the highest total figure yet in the history of crypto. In what was arguably the worst year for bitcoin and its crypto cousins to date, close to $20 billion in illicit crypto was transferred to suspicious addresses. Illicit Crypto Activity Reached a Pinnacle Last Year This beats the previous record set in 2021, which was $18 billion. The new number outdoes the previous one by roughly $2 billion. Kim...
Read More »Sondage : Des « artefacts numériques » sur la blockchain Bitcoin
L’enregistrement « d’artefacts numériques » – tels que des images, des sons de plusieurs minutes ou même des jeux – dans la Timechain de Bitcoin, provoque un dissensus au sein même de ceux qui se considèrent comme des « maximalistes » de Bitcoin. Pour les uns, il s’agit d’un nouveau cas d’usage permis par le protocole depuis les mises à jour SegWit puis Taproot, ouvrant de nouvelles opportunités...
Read More »The Bitcoin Price Rose Steadily in January
January proved to be a somewhat powerful month for bitcoin, which rose beyond the $18K mark by the midway point. Though this is nothing compared to the all-time high of $68,000 it achieved in November of 2021, the jump was a welcomed change from the bearish conditions so many fans, traders, and investors were privy to in 2022. Bitcoin Saw a Good Month in January The previous year was arguably the worst time for bitcoin and the crypto scene. Bitcoin lost more than 70...
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