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Bitcoin
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Bitcoin
Bitcoin News

Bitcoin (BTC) Market Crash: Wild Theory Suggests Michael Saylor and MicroStrategy Behind it

Bitcoin’s (BTC) price crashed by over 20% within an hour to register the biggest market sell-off since May. The price of the top cryptocurrency fell to a new monthly low of $43,685 even though BTC was targeting $53K earlier in the day. BTC has recovered nearly $3K from yesterday’s fall and currently trading at $46,657.

Bitcoin’s (BTC) price crashed by over 20% within an hour to register the biggest market sell-off since May. The price of the top cryptocurrency fell to a new monthly low of $43,685 even though BTC was targeting $53K earlier in the day. BTC has recovered nearly $3K from yesterday’s fall and currently trading at $46,657.

Bitcoin-vs-Gold
Bitcoin News
Bitcoin-vs-Gold
Bitcoin News

MicroStrategy’s Michael Saylor Defends the Massive $2.2 Billion Bitcoin (BTC) Debt

On Thursday, July 29, business intelligence firm MicroStrategy revealed its second quarter results for 2021 declaring over $600 million with impairment losses with its bitcoin holdings. But company CEO and Bitcoin evangelist Michael Saylor continues to remain ultra-bullish on the future of Bitcoin. Saylor noted that buying Bitcoin right now is similar to buying Bitcoin

On Thursday, July 29, business intelligence firm MicroStrategy revealed its second quarter results for 2021 declaring over $600 million with impairment losses with its bitcoin holdings. But company CEO and Bitcoin evangelist Michael Saylor continues to remain ultra-bullish on the future of Bitcoin. Saylor noted that buying Bitcoin right now is similar to buying Bitcoin

Bitcoin-vs-Gold
Bitcoin News
Bitcoin-vs-Gold
Bitcoin News

MicroStrategy CEO Michael Saylor Calls China’s Crypto Crackdown A “Trillion-Dollar” Mistake

MicroStrategy CEO Michael Saylor has been aggressively purchasing Bitcoin over the last two months of correction. Earlier this week, the cloud computing company purchased an additional 13,000 bitcoins taking its total BTC holdings to over 100K. Saylor who sees a big opportunity in the future for Bitcoin told Bloomberg that China’s crackdown on cryptocurrencies could

MicroStrategy CEO Michael Saylor has been aggressively purchasing Bitcoin over the last two months of correction. Earlier this week, the cloud computing company purchased an additional 13,000 bitcoins taking its total BTC holdings to over 100K. Saylor who sees a big opportunity in the future for Bitcoin told Bloomberg that China’s crackdown on cryptocurrencies could

Altcoin News
Altcoin News

Ethereum Non-Exchange Whale Holdings Hit A 5-Year High, Michael Saylor Praises ETH

For the last week and more, the world’s second-largest cryptocurrency Ethereum (ETH) has been trading under pressure with its price failing to hold above the $2500 support levels. However, ETH whales seem to be making the most of this price correction and have started accumulating in big numbers. As per the recent data from the

For the last week and more, the world’s second-largest cryptocurrency Ethereum (ETH) has been trading under pressure with its price failing to hold above the $2500 support levels. However, ETH whales seem to be making the most of this price correction and have started accumulating in big numbers. As per the recent data from the

Bitcoin-mining-selling
Bitcoin News
Bitcoin-mining-selling
Bitcoin News

MicroStrategy’s Michael Saylor Kickstarts the Bitcoin Mining Council Inviting Industry Players to Join

On Thursday, June 11, MicroStrategy chief Michael Saylor officially kickstarted the newly formed Bitcoin Mining Council thereby inviting industry players. The Bitcoin Mining Council basically aims to shift the dynamics of the crypto mining industry by moving towards energy-efficient mining solutions. Inviting different industry players, Saylor said that the Bitcoin Mining Council will serve as

On Thursday, June 11, MicroStrategy chief Michael Saylor officially kickstarted the newly formed Bitcoin Mining Council thereby inviting industry players. The Bitcoin Mining Council basically aims to shift the dynamics of the crypto mining industry by moving towards energy-efficient mining solutions. Inviting different industry players, Saylor said that the Bitcoin Mining Council will serve as

Bitcoin News
Bitcoin News

Bitcoin God Michael Saylor Advises Holding Scarce Assets Amid Increasing Taxes

Veteran Bitcoin advocate and evangelist, Michael Saylor has weighed in on the current strain on the market and its impact on investors by advising they should invest in scarce and portable assets. Taking to his official Twitter handle, Saylor noted that the best move anyone can make amidst fears of inflation and increase in taxation

Veteran Bitcoin advocate and evangelist, Michael Saylor has weighed in on the current strain on the market and its impact on investors by advising they should invest in scarce and portable assets. Taking to his official Twitter handle, Saylor noted that the best move anyone can make amidst fears of inflation and increase in taxation

Bitcoin News
Bitcoin News

Michael Saylor Claims His Twitter Exchange With Elon Prompted Tesla to Invest in Bitcoin

MicroStrategy CEO Michael Saylor has become one of the biggest Bitcoin proponents in recent time which is evident from his company’s $2.1 billion Bitcoin investment since August 2020. Saylor in a recent interview with Time magazine claimed that his Twitter exchange with Elon Musk back in December was one of the key reasons behind Tesla’s

MicroStrategy CEO Michael Saylor has become one of the biggest Bitcoin proponents in recent time which is evident from his company’s $2.1 billion Bitcoin investment since August 2020. Saylor in a recent interview with Time magazine claimed that his Twitter exchange with Elon Musk back in December was one of the key reasons behind Tesla’s

Microstrategy
Bitcoin News
Microstrategy
Bitcoin News

Is Michael Saylor’s Bitcoin Playbook A Success Already?

Key Bitcoin fundamentals like Hash rate and on-chain indicators like exchange outflows are recording significant jumps already suggesting corporations are on a Bitcoin buy spree again. Michael Saylor is putting his money where his mouth is and he owns 17,732 Bitcoins ~$664 million himself. Key takeaways: Bitcoin hash rate records new ATH and hits 179.19

Key Bitcoin fundamentals like Hash rate and on-chain indicators like exchange outflows are recording significant jumps already suggesting corporations are on a Bitcoin buy spree again. Michael Saylor is putting his money where his mouth is and he owns 17,732 Bitcoins ~$664 million himself. Key takeaways: Bitcoin hash rate records new ATH and hits 179.19

Bitcoin-vs-Gold
Bitcoin News
Bitcoin-vs-Gold
Bitcoin News

Michael Saylor Slays Peter Schiff By Buying An Additional 2,574 Bitcoins (BTC)

Just at the time when Peter Schiff’s anti-Bitcoin rant continues, financial institutions and investors continue to double down their bets on BTC. Later on Friday, December 4, Michael Saylor’s business intelligence firm MicroStrategy announced the purchase of an additional 2,574 Bitcoins worth $50 million. MicroStrategy is one of the biggest buyers and public listed companies

Just at the time when Peter Schiff’s anti-Bitcoin rant continues, financial institutions and investors continue to double down their bets on BTC. Later on Friday, December 4, Michael Saylor’s business intelligence firm MicroStrategy announced the purchase of an additional 2,574 Bitcoins worth $50 million. MicroStrategy is one of the biggest buyers and public listed companies

Bitcoin-bull-Microstrategy-Michael-Saylor
Bitcoin News
Bitcoin-bull-Microstrategy-Michael-Saylor
Bitcoin News

MicroStrategy CEO Michael Saylor Pumps Bitcoins Amidst Dave Portnoy’s Flip-Flop

Michael Saylor, the CEO of business intelligence firm MicroStrategy created a massive buzz earlier this week by announcing the purchase of 16,796 additional bitcoins worth $175 million. Saylor stormed the Bitcoin market revealing that MicroStrategy holds a total of 38,250 bitcoins for $425 million including all purchase costs. Saylor is really betting big on Bitcoin

Michael Saylor, the CEO of business intelligence firm MicroStrategy created a massive buzz earlier this week by announcing the purchase of 16,796 additional bitcoins worth $175 million. Saylor stormed the Bitcoin market revealing that MicroStrategy holds a total of 38,250 bitcoins for $425 million including all purchase costs. Saylor is really betting big on Bitcoin

Bitcoin News
Bitcoin News

Peter Schiff calls MicroStrategy’s Saylor “mad” for trying to Pump Bitcoin

Peter Schiff, the CEO of Euro Pacific Capital and a known gold enthusiast has taken to Twitter against MicroStrategy’s CEO, Michael Saylor’s stance. Schiff mocked Saylor on his recent comment about holding BTC “forever”. Peter Schiff calls Saylor “mad” and argues that BTC has no value, so even if Saylor takes it with him to

Peter Schiff, the CEO of Euro Pacific Capital and a known gold enthusiast has taken to Twitter against MicroStrategy’s CEO, Michael Saylor’s stance. Schiff mocked Saylor on his recent comment about holding BTC “forever”. Peter Schiff calls Saylor “mad” and argues that BTC has no value, so even if Saylor takes it with him to

Elon musk cryptotwitter
Bitcoin News
Elon musk cryptotwitter
Bitcoin News

Musk Shares “69-420” Meme for Bitcoin Price as Tesla BTC profits cross $1 billion

Tesla CEO, Elon Musk has tweeted about Bitcoin after a long haul. He has used the popular “69-420” meme to define Bitcoin’s exceptional performance in the ongoing bull run. Furthermore, since the reveal at the B-Word conference about Tesla holding a considerable amount of Bitcoin, this bull run has brought Tesla’s BTC holdings back in

Tesla CEO, Elon Musk has tweeted about Bitcoin after a long haul. He has used the popular “69-420” meme to define Bitcoin’s exceptional performance in the ongoing bull run. Furthermore, since the reveal at the B-Word conference about Tesla holding a considerable amount of Bitcoin, this bull run has brought Tesla’s BTC holdings back in

Bitcoin News
Bitcoin News

Breaking: MicroStrategy Buys Additional 5K Bitcoin ($BTC) Worth $243 Million

Microstrategy has continued its Bitcoin buying streak in September as the company bought an additional 5,050 BTC worth $242.9 million at $48,099 per $BTC. The latest purchase takes MicroStrategy’s total Bitcoin investment to over $3 billion. This would also mark the Fortune 500 companies’ biggest one-time cash purchase. The company now holds a total of

Microstrategy has continued its Bitcoin buying streak in September as the company bought an additional 5,050 BTC worth $242.9 million at $48,099 per $BTC. The latest purchase takes MicroStrategy’s total Bitcoin investment to over $3 billion. This would also mark the Fortune 500 companies’ biggest one-time cash purchase. The company now holds a total of

Bitcoin News
Bitcoin News

Breaking: Microstrategy Buys Additional 3,907 Bitcoin at $177 Million in Cash

Microstrategy revealed an additional purchase of 3,907 Bitcoin acquired at $177 million in cash. The Fortune 500 company acquired their latest lot of BTC at an average price of $45,294 apiece. MicroStrategy now holds a total of 108,992 Bitcoins bought at $26,769 apiece. MicroStrategy has purchased an additional 3,907 bitcoins for ~$177 million in cash

Microstrategy revealed an additional purchase of 3,907 Bitcoin acquired at $177 million in cash. The Fortune 500 company acquired their latest lot of BTC at an average price of $45,294 apiece. MicroStrategy now holds a total of 108,992 Bitcoins bought at $26,769 apiece. MicroStrategy has purchased an additional 3,907 bitcoins for ~$177 million in cash

PBOC
Bitcoin News
PBOC
Bitcoin News

Chinese Crypto Crackdown: Huobi & OKCoin to shut down Subsidiaries in Beijing

Amid the expanding Chinese crypto crackdown, former exchange giants in China, Huobi, and OKCoin have announced the closure of their Beijing subsidiaries. Huobi’s “resolution of dissolution” Beijing Huobi Tianxia Network Technology Co. dissolved its registration last week and informed the investors to liquidate their accounts within the next 45 days. This announcement was instead of

Amid the expanding Chinese crypto crackdown, former exchange giants in China, Huobi, and OKCoin have announced the closure of their Beijing subsidiaries. Huobi’s “resolution of dissolution” Beijing Huobi Tianxia Network Technology Co. dissolved its registration last week and informed the investors to liquidate their accounts within the next 45 days. This announcement was instead of

Bitcoin News
Bitcoin News

Will Tesla Accept Bitcoin After BMC’s Quarterly Report?

The Bitcoin mining industry’s sustainable electricity mix grows up to 56% Bitcoin Mining Council’s (BMC) July data revealed an approximately 56% hike in sustainable energy consumption by the global Bitcoin mining industry, making it one of the most sustainable industries.  Tesla’s May 2021 roll back from Bitcoin as an eco-conscious step might change with the

The Bitcoin mining industry’s sustainable electricity mix grows up to 56% Bitcoin Mining Council’s (BMC) July data revealed an approximately 56% hike in sustainable energy consumption by the global Bitcoin mining industry, making it one of the most sustainable industries.  Tesla’s May 2021 roll back from Bitcoin as an eco-conscious step might change with the

BTC on ETH
Altcoin News
BTC on ETH
Altcoin News

Bitcoin(BTC) and Ether(ETH) Miners See Their Revenue Drop to Nearly Half Since May

The mining revenue for Bitcoin and Ether miners has registered a significant dip over the past month falling by nearly 50%. Bitcoin miners made $839 million in June seeing a decline of 42% in revenue compared to May while Ether miners made $1.11 billion with a revenue decline of 52% from the past month. The

The mining revenue for Bitcoin and Ether miners has registered a significant dip over the past month falling by nearly 50%. Bitcoin miners made $839 million in June seeing a decline of 42% in revenue compared to May while Ether miners made $1.11 billion with a revenue decline of 52% from the past month. The

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Mexican Bank, Banco Azteca Working to be the First Bank in Mexico to Accept Bitcoin

Ricardo Salinas, one of the richest men in Mexico is bullish on Bitcoin (BTC). His conviction that Bitcoin is a viable store of asset and a superior alternative to fiat currencies has stirred his resolve to work to make his bank, Banco Azteca the first to accept Bitcoin in Mexico. Salinas made this revelation on

Ricardo Salinas, one of the richest men in Mexico is bullish on Bitcoin (BTC). His conviction that Bitcoin is a viable store of asset and a superior alternative to fiat currencies has stirred his resolve to work to make his bank, Banco Azteca the first to accept Bitcoin in Mexico. Salinas made this revelation on

Phemex report
Uncategorized
Phemex report
Uncategorized

Just-In: Gemini Buys $4 Million in Carbon Credits to cut Carbon Footprint of Bitcoin Transactions

Winklevoss twins-owned Gemini crypto exchange has purchased $4 million in carbon credits to offset the carbon footprint generated by Bitcoin transactions under its custody. The crypto exchange has also created a subsidiary in the form of Gemini Green in association with a non-profit organization Climate Vault, Gemini will donate the purchased amount to the Climate

Winklevoss twins-owned Gemini crypto exchange has purchased $4 million in carbon credits to offset the carbon footprint generated by Bitcoin transactions under its custody. The crypto exchange has also created a subsidiary in the form of Gemini Green in association with a non-profit organization Climate Vault, Gemini will donate the purchased amount to the Climate

Microstrategy
Bitcoin News
Microstrategy
Bitcoin News

Breaking: MicroStrategy Purchases Additional 13,005 Bitcoins Worth $489 Million

The Nasdaq-listed software company, MicroStrategy Incorporated has purchased an additional 13,005 units of Bitcoin (BTC) to cushion its already robust BTC reserves. As shared on his official Twitter handle, the company’s CEO, Michael Saylor revealed that the latest purchase is valued at approximately $489 million in cash at an average bitcoin price of about $37,617. 

The Nasdaq-listed software company, MicroStrategy Incorporated has purchased an additional 13,005 units of Bitcoin (BTC) to cushion its already robust BTC reserves. As shared on his official Twitter handle, the company’s CEO, Michael Saylor revealed that the latest purchase is valued at approximately $489 million in cash at an average bitcoin price of about $37,617.