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MicroStrategy to Raise $500M to Bolster Bitcoin Holdings through Convertible Note Offering

[unable to retrieve full-text content]CoinspeakerMicroStrategy to Raise $500M to Bolster Bitcoin Holdings through Convertible Note Offering MicroStrategy has made it clear that the proceeds from this offering, along with the previous $800 million raise, will be used to acquire additional Bitcoin and for general corporate purposes. MicroStrategy to Raise $500M to Bolster Bitcoin Holdings through Convertible Note Offering

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EOS Price Analysis: Rally Takes A Short Break

EOS price started a downside correction from the $1.36 zone against the US Dollar. The price is now trading above $1.100 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $1.160 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $1.20 and $1.250 resistance levels. EOS price is declining below $1.200 against the US Dollar, like Bitcoin....

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Find Out Why Whales Are Rushing to Get Their Hands on NFTFN Token During the Stage 1 of Presale

As NFT trading is making a significant comeback in the current bull market, one token is attracting the attention of savvy investors—NFTFN. During its Stage 1 presale, whales, or large-scale investors, are eagerly securing their stake. Here’s why NFTFN is the token on every investor’s radar. What is NFTFN? NFTFN introduces an innovative solution to the challenges of the NFT market through its first flagship product, SuperNova (SNV). This decentralized exchange...

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Litecoin (LTC) Price Analysis: Bulls Aim For Larger Increase

Litecoin started a downside correction from the $105 zone against the US Dollar. LTC price is now trading above $85 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $94.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $90 support. Litecoin price is correcting gains from $105.00 against the US Dollar, like Bitcoin. LTC price could...

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Coinbase Allows Eligible Users Access to 11 Altcoins: Details

TL;DR Coinbase has expanded its offerings to include nearly a dozen new digital assets exclusively for a certain group of users. Some of the affected cryptocurrencies have launched a rally, aligning with the overall bullishness in the market. One of the biggest cryptocurrency exchanges – Coinbase – announced that users could start dealing with nearly a dozen digital assets, such as Voxies (VOXEL), Celestia (TIA), Hivemapper (HONEY), Velo (VELO), and more. It is important to...

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Coinbase Mimics MicroStrategy, Announces $1 Billion Convertible Bond Offering

Coinbase announced on Tuesday its intention to raise $1 billion through a convertible bond offering available exclusively to qualified institutional buyers. The company intends to use the proceeds from this offering for various corporate purposes, including debt repayment and general operational expenses. Debt Repayment and Strategic Hedging The notes, maturing on April 1, 2030, will be senior, unsecured obligations of Coinbase, accruing interest payable semi-annually. They...

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MicroStrategy Announces Another $500 Million Note Sale To Buy Bitcoin

MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has announced another senior note offering for $500 million, with which proceeds will be used to purchase even more Bitcoin. At current prices, the next purchase is expected to take the company’s holdings beyond 210,000 coins – over 1% of the entire Bitcoin supply that will ever exist. Per the company’s announcement on Wednesday, the convertible notes are due for repayment in 2031. Their interest rate and...

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This Meme Coin May be the Best Performer in 2024-2025 and It’s not SHIB or DOGE (Analyst)

TL;DR The cryptocurrency market, particularly the meme coins niche, has seen notable growth as of late. Predictions suggest a specific meme coin could lead the next bull run, driven by strong investor loyalty. The cryptocurrency market has been booming lately, with numerous leading digital assets (such as Bitcoin) tapping new all-time high prices. One particular niche has dragged even more attention, and that is the meme coin realm. Tokens of that type, including Shiba Inu...

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Former Binance CEO CZ Ordered to Surrender Canadian Passport to US

In a recent development in the continuing legal situation involving Changpeng Zhao, the ex-CEO of Binance, the United States has instructed him to surrender all his active or expired passports to a designated third party. This directive was revealed in a legal filing submitted on March 12, changing Zhao’s bond conditions for release. Travel Restrictions and Bans According to the filing, United States District Judge A. Jones, presiding over the case, has stipulated that Zhao...

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