Renowned economist and outspoken Bitcoin skeptic Peter Schiff took to X on October 9 to weigh in on the U.S. government’s impending sale of 69,370 Bitcoin, worth roughly $4.3 billion. His post sparked lively responses from Bitcoin supporters and critics alike, reigniting debates over the virtual asset’s value. Silk Road Bitcoin Up For Grabs Schiff’s tweet follows a Supreme Court decision that cleared the way for the U.S. government to sell Bitcoin it seized from the defunct...
Read More »Bitcoin Standard Author Challenges Michael Saylor: Should Banks Offer Yield On Your BTC?
Two of Bitcoin’s pre-eminent thought leaders are at odds with each other as to whether banks can – or should – provide sustainable yield on their customers’ BTC deposits. Michael Saylor – executive chairman of MicroStrategy, the world’s largest corporate Bitcoin owner – said in a recent podcast appearance that Bitcoin could become a form of “perfected capital” that also generates a return for its holders through digital banking services. By contrast, Saifedean Ammous – author...
Read More »Three Comma Club: Michael Saylor Says He Personally Owns $1B in BTC
Bitcoin mining is not boiling the ocean, said Michael Saylor during the Aug. 7 interview on “Bloomberg Open Interest.” However, the asset sure is boiling the MicroStrategy founder’s blood for a future-proof finance platform. Bloomberg Television’s Sonali Basak asked the insatiable Bitcoin custodian, “Beyond MicroStrategy, how do you hold Bitcoin personally? Do you have a significant personal stack in addition to what you own through MicroStrategy and through MicroStrategy...
Read More »Arthur Hayes Warns of Second Wave Crypto Crash
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Read More »MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split
Shares in Bitcoin development firm MicroStrategy popped 3% on Thursday after the company’s executive chairman, Michael Saylor, announced that it will soon undergo a 10-for-1 stock split. The action will make it far more affordable for smaller investors to gain minimal exposure to MSTR, which left them in the dust during its early-year rally alongside Bitcoin. Making MicroStrategy More Affordable Per a Thursday press release from the company, the action will apply to all...
Read More »Crypto Investors Can Lose $25B to Deep Fakes in 2024, Says Bitget
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Read More »MicroStrategy Acquires 11,931 BTC for $786M in Latest Bitcoin Purchase Spree
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Read More »MicroStrategy Ups its Bitcoin-Centered Convertible Note Offering to $700 Million
Just a day after announcing a $500 million convertible senior note offering to purchase more BTC, among other goals, Michael Saylor’s brainchild increased its target to $700 million. The company’s shares have been on a wild ride in 2024, perhaps due to the developments around the Bitcoin landscape, but have soared by triple digits since the start of the year. $500M Not Enough Ever since August 2020, when it announced its first BTC purchase, the NASDAQ-listed business...
Read More »EMURGO Inks Partnership with GSR to Promote Cardano Ecosystem
CoinspeakerEMURGO Inks Partnership with GSR to Promote Cardano Ecosystem EMURGO has been a core supporter of the Cardano blockchain since 2021. EMURGO Inks Partnership with GSR to Promote Cardano Ecosystem
Read More »Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin-Based Identity Solution
MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea. During the annual MicroStrategy World conference on Wednesday, the company’s executive chairman Michael Saylor unveiled “MicroStrategy Orange” – an open-source decentralized identity solution built on Bitcoin. What is MicroStrategy Orange? MicroStrategy described their technology as an “enterprise-grade platform for implementing...
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