Cathie Wood’s ARK Invest Sells Almost $150M Worth of Coinbase Shares.
This sum is ARK’s biggest sale of Coinbase shares since the week ending February 16.ARK Invest’s goal is to have no one holding more than a 10% proportion of an…
MicroStrategy Buys Another 12,000 BTC After Raising Over $800M From Convertible Notes
MicroStrategy bought the latest batch of BTC when the asset’s price stood below $69,000. Business intelligence firm MicroStrategy has completed a $800 million fundraising effort to purchase additional Bitcoin (BTC).…
Tether to Launch USDT on EVM-Compatible Celo Blockchain
The collaboration could see USDT become a gas currency on Celo.Tether, the issuer of the largest stablecoin, USDT, has announced the launch of the asset on Celo, a carbon-negative, permissionless,…
Billionaire Bill Ackman Playfully Speculates on Bitcoin’s Infinite Rise.
Ackman further stated that it could be a good idea for him to invest in Bitcoin. Saylor even volunteered to have a private conversation with Ackman about the matter. On…
BlackRock’s Bitcoin ETF Surpasses MicroStrategy’s Holdings.
BlackRock’s IBIT possesses 197,943 Bitcoin, with a value of roughly $13.5 billion.As of March 8th, the price of Bitcoin has finally hit $70,000. MicroStrategy’s Bitcoin holdings have been surpassed by…
BlockFi Founder Zac Prince Addresses Insolvency and Future Plans.
Zac Prince updated about the bankruptcy process’s effectiveness. The founder of BlockFi recalls taking part in the Sam Bankman-Fried (SBF) trial. Ex-CEO and founder of BlockFi Zac Prince has spoken…
Crypto Investment Fraud Spiked 53% in 2023: FBI
The FBI’s Internet Crime Complaint Center (IC3) received over 880,400 complaints in 2023, with potential losses surpassing $12.5 billion. The Federal Bureau of Investigation (FBI) has revealed that losses incurred…
BRICS Is Developing a Blockchain Payment System
Ushakov highlighted that the system is convenient, free of political influence, and economically efficient.Russia, a member of the BRICS alliance, announced the development of a new blockchain-based payment system to…
JPMorgan Says ‘Not realistic’ to Expect Bitcoin to Compete With Gold
JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be…
Bitcoin Miners Energy Consumption Skyrockets Ahead of Halving.
Bitcoin prices have remained high and skyrocketed due to the supply shock.A Coin Metrics assessment states that miners used 19.6 gigawatts of electricity last month.In the run-up to the pivotal…