Tag: Crypto

Strategy Plans $2 Billion Stock Sale to Buy More Bitcoin

Strategy, formerly known as MicroStrategy, is preparing to raise $2 billion through a private offering of convertible senior notes. The company plans to use the funds to purchase more Bitcoin, continuing its aggressive accumulation strategy. Source: https://cryptoslate.com/microstrategy-admits-bitcoin-strategy-risks-despite-17-9-billion-gain-following-new-1070-btc-purchase/ Michael Saylor, the […] The post Strategy Plans $2 Billion Stock Sale...
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Michael Saylor’s Strategy To Raise Another $2 Billion To Buy More Bitcoin

Michael Saylor‘s Strategy (NASDAQ:MSTR), the largest corporate Bitcoin holder in the world, intends to issue $2 billion in convertible debt through a private offering, to buy more Bitcoin (CRYPTO: BTC) What Happened: On Tuesday, the company announced plans to offer the notes to institutional investors through a private placement,...
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Musk’s DOGE Investigates SEC—Will It Impact The Ripple Lawsuit?

The Elon Musk-led US Department of Government Efficiency (DOGE) has set its eyes on conducting an in-depth investigation on the Securities and Exchange Commission (SEC) as part of the agency’s target to cut government wastage of funds. Some analysts speculated that the DOGE’s scrutiny of the regulatory body could...
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Wintermute aims to offer crypto products in the U.S.

Wintermute CEO Evgeny Gaevoy says the company wants to focus on expanding its services into the U.S., starting with an office in New York. According to a recent Bloomberg report, the algorithmic trading firm and market-maker Wintermute has set its…...
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Litecoin (LTC) Jumps 9% in 24 Hours: How High Can it Go?

TL;DR Litecoin’s recent surge has analysts eyeing key resistance levels, with predictions that a breakout above $135 could spark a strong upward move. Growing anticipation of a spot LTC ETF, with approval odds at over 80% by 2025, is adding to bullish sentiment and could be driving the increased...
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WisdomTree Launches ETP Based on CoinDesk 20

HONG KONG – Investors in Europe can now get direct exposure to the CoinDesk 20, an index representing the largest crypto assets, thanks to a new exchange-traded product (ETP) from WisdomTree launched at Consensus Hong Kong. “The launch of the first CoinDesk 20 ETP with WisdomTree is a defining...
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We Asked AI For The Best Crypto to Buy Now, and It Said Solaxy

AI has become integral to our lives, take it or leave it. Some use it to find new recipes for dinner, others–for relationship advice. We asked AI what the best crypto to buy now was, and it picked Solaxy ($SOLX). While ChatGPT’s reasoning is sometimes dubious, this time, the...
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