Tag: Doge

El Salvador Buys the Dip: Adds 6 More BTC to Its Holdings

El Salvador has increased its Bitcoin holdings, purchasing 6 BTC on March 10 instead of its usual 1 BTC per day. This is occurring against a backdrop of increased pressure from the International Monetary Fund (IMF) to stop its BTC accumulation strategy. El Salvador Remains Committed to Strategy The...
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Cango’s Fortunes Turn Around Following Move Into Bitcoin Mining

The company, whose main business was previously auto trading, said its revenue skyrocketed in the fourth quarter after its move into bitcoin mining Key Takeaways: Cango’s revenue rose more than fivefold to 668 million yuan in last year’s fourth quarter, following its launch of a bitcoin mining operation last...
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Data Unions: Monetizing Personal Data with Blockchain

The internet has changed how we live, work, and connect. Every time we go online, we create data. Social media activity, online shopping habits, and even fitness tracking generate valuable information. Big companies collect and use this data to make […] The post Data Unions: Monetizing Personal Data with...
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Utah’s Bitcoin Bill Passes Senate, But State Reserve Proposal Gets Dropped

Utah’s ambitious Bitcoin bill has cleared the state Senate but without its most ground-breaking provision—the establishment of a state-backed Bitcoin reserve. The HB230 “Blockchain and Digital Innovation Amendments” bill, which initially proposed allowing the state to hold Bitcoin as part of its treasury, has now been significantly altered. Instead,...
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Bitcoin Slips to $80K as Analysts Warn of ‘Ugly Start’ to the Week

Bitcoin continued its downward trend over the weekend, slipping to just above $80,000 on March 10, in what analysts are calling a troubling start to the week. The decline has sparked concerns of further losses, with BitMEX co-founder Arthur Hayes warning that the asset could soon test key support...
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MSTR Stock Plunges Over 6% In Monday Pre-Market: What’s Going On?

The shares of Strategy Inc. (NASDAQ:MSTR) fell 6.1% during the pre-market trading session on Monday following a sharp decline in the price of Bitcoin (CRYPTO: BTC) What Happened: Strategy Inc, a major Bitcoin holder witnessed a decline in its stock after the cryptocurrency’s price plummeted to $80,000 overnight, marking...
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