Michael Saylor – the founder and former CEO of MicroStrategy – has announced that his company is looking to garner as much bitcoin as it can in the coming months. Michael Saylor Still Loves BTC Saylor has always been a huge bitcoin bull. He first caught the BTC bug back in August of 2020 and began adding the world’s number one digital currency by market cap to his company’s balance sheet when the currency was trading for around $11,000. From there, it exploded and...
Read More »GameStop to End All Crypto Wallet Support
Popular game seller GameStop has announced an end of all ties to its crypto wallet system given the space is too uncertain. GameStop Withdraws from the Crypto Space The comments make sense in that there is very little crypto regulation permeating the U.S. Traders have no clear rules to follow and neither do the companies and platforms that hold their assets, and this is setting them up for some very harsh realities through financial agencies such as the Securities...
Read More »Jack Dorsey to Give Coinbase Some Help in Implementing Lightning
Brian Armstrong – the CEO of Coinbase – and Jack Dorsey, who now runs Block Inc. and is the former head of social media giant Twitter, are teaming up in the name of bitcoin and the Lightning Network. Jack Dorsey and Coinbase: The Perfect Match? The Lightning Network was initially created to aid bitcoin with its unending array of transactions. Traffic has become so common and heavy atop the BTC ledger that things have really slowed down in recent years, and fees...
Read More »Lawsuit Suggests Crypto Wallet MetaMask Idea was Stolen from Initial Developer
MetaMask – one of the biggest and most popular digital wallets built atop the Ethereum network – is having its origin story challenged in court. MetaMask: Who REALLY Built It? A lawsuit has been filed in San Francisco, California by entrepreneur Joel Dietz, who says he played a significant role in the wallet’s development. He claimed via court documents that Ethereum is working hard to erase him from its history and trying to get away with not paying him his fair...
Read More »Survey: Democrats Hold More Crypto Than Republicans
A recent survey suggests that while republicans are often the ones touting crypto and the benefits of this growing financial industry, it’s democrats that hold the most digital money in their wallets. Democrats Have a Lot of Crypto The news is interesting given that over the past few years, democrats have waged war on the crypto space. For example, Joe Biden – America’s criminal-in-chief – has sought to implement a phony infrastructure bill designed not to rebuild...
Read More »Litecoin Finishes Its 3rd Major Halving
Litecoin – an asset that derived from bitcoin, the world’s number one digital currency by market cap – has undergone its third halving, and analysts are emerging left and right to comment on the results. Litecoin Remains a Dominant Force in Crypto Litecoin is one of the oldest digital assets around. At roughly 12 years of age, it’s almost as old as bitcoin and dates Ethereum by about four years. As bitcoin is often referred to as “digital gold,” Litecoin has...
Read More »Ron DeSantis Vows to End the War on Crypto in America
Ron DeSantis – the republican governor of Florida who recently threw his hat into the 2024 presidential ring – said that the present commander-in-chief Joe Biden has started a crypto war that will end once he, DeSantis, becomes the next leader of the free world. Ron DeSantis Vows to Open the Crypto Door as President During a recent campaign event in New Hampshire, DeSantis pledged his love and loyalty to bitcoin, continuing a string of pro-crypto statements that...
Read More »BitGo Partners with Swan Bitcoin to Float First-Ever Bitcoin-Only Trust Company
The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the crypto market. According to an official press release, the new firm will be the first Bitcoin-only trust company. It will combine regulatory compliance...
Read More »Mark Yusko: BTC Could Hit $300K by 2028
Mark Yusko – the head executive of Morgan Creek Capital Management, a hedge fund – has stated that bitcoin could reach a price of about $300,000 per unit by the time 2028 rings in. Mark Yusko Has High Hopes for Bitcoin Right now, the gold arena has a market capitalization of about $6 trillion. He believes bitcoin will soon be able to rival the precious metal thanks, in large part, to next year’s scheduled halving. He says BTC is going to experience enough of a...
Read More »Instacart Boosts IPO Price Range amid Arm’s Stellar Debut
The performance of Instacart IPO will provide valuable insights into the appetite for tech-driven companies and the willingness of investors to pay a premium for companies operating in sectors with significant growth potential. Popular grocery delivery app, Instacart has recently made waves in the financial world by announcing its intention to raise the proposed price range for its upcoming Initial Public Offering (IPO). This strategic move comes hot on the heels of a highly successful IPO...
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