Sell Gold, Buy Bitcoin – Michael Saylor’s Bold Advice To The US
An executive of an American business intelligence company urged the US government to buy more Bitcoin and build a national reserve to enhance the country’s economic dominance. MicroStrategy executive chairman Michael Saylor made a controversial suggestion that the US should sell its gold reserves to build the nation’s reserve....
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MicroStrategy Expands Bitcoin Holdings With 21,550 BTC Purchase For $2.1 Billion
MicroStrategy, a US-based business intelligence firm, has expanded its Bitcoin (BTC) holdings as part of its corporate treasury strategy. The company announced its latest purchase of 21,550 BTC, worth approximately $2.1 billion. MicroStrategy Unfazed by Bitcoin’s Historic Price Surge In an official announcement today, the publicly-traded company had acquired...
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Michael Saylor Uses LeBron James, Michael Jordan Sports Analogy To Explain Bitcoin To Dave Portnoy: ‘Satoshi Gave Us A Game We Can All Win’
Barstool Sports founder Dave Portnoy asked MicroStrategy Inc (NASDAQ:MSTR) Chairman Michael Saylor in a recent interview to explain Bitcoin (CRYPTO: BTC) to him in a way that he can understand. This was after Portnoy recently said he sold his Bitcoin after the Winklevoss twins confused him back in 2020....
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Crypto Fund Flows Hit $3.85 Billion Weekly Record As Bitcoin And Ethereum Dominate
According to the latest report by CoinShares, crypto asset investment products have achieved a historic milestone, with weekly inflows totaling $3.85 billion, surpassing previous records set earlier this year. CoinShares highlighted a surge in investor interest, propelling total year-to-date (YTD) inflows to $41 billion and assets under management (AuM)...
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Maverick Protocol aims to bring ‘MemeFi’ to Base
A newly launched platform dubbed goose.run lets users lend and borrow against memecoins, its team told Cointelegraph....
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DeFi TVL nears 2021 highs on liquid restaking, Bitcoin L2s
Total value locked on decentralized finance protocols is up nearly 150% so far this year....
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Bitcoin, Ethereum, Dogecoin Turn Red: ‘Timeline Got Bearish,’ Trader Notes
Cryptocurrency markets are trading lower despite U.S. Bitcoin ETF inflows nearing $10 billion. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,080.94 -2.8% Ethereum (CRYPTO: ETH) $3,798.59 -4.7% Solana (CRYPTO: SOL) $222.86 -5.6% Dogecoin (CRYPTO: DOGE) $0.4355 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00002971 -7.2% Notable Statistics: IntoTheBlock data shows large...
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Missed Ripple CEO Garlinghouse On 60 Minutes? Here Are The Key Takeaways
In the latest episode of CBS’s “60 Minutes,” Ripple CEO Brad Garlinghouse made a rare appearance to discuss the intersection of crypto and politics. Despite the high-profile platform, many crypto community members found the segment underwhelming, with Garlinghouse’s contributions being infrequent amidst a broader narrative that lacked depth and...
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Coinbase Seeing ‘Landmark Month’ In December, Notes Optimistic Analyst Report
Needham & Company has raised Coinbase‘s (NASDAQ:COIN) price target to $420 from $375, citing record-breaking December trading volumes and heightened altcoin activity. What Happened: “Elevated volatility and a retail-driven surge have made December a landmark month for the platform,” Needham analysts noted, according to The Block. Bitcoin‘s (CRYPTO: BTC)...
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‘Dogecoin Killer’ Shiba Inu Burn Rate Surges 876%: Is SHIB Price Really ‘Insanely Strong’?
Shiba Inu (CRYPTO: SHIB) is seeing increasing burn rates even though prices remain stagnant. What Happened: Shibburn data revealed that 40.46 million SHIB coins were burned in a single transaction, pushing the burn rate higher by 876.05%. This followed another 250 million SHIB burned just three days earlier. The...
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