On Friday, the incorporated and publicly listed business intelligence (BI) firm, Microstrategy announced the company has acquired an additional $10 million in bitcoin. The company’s CEO Michael Saylor revealed the latest purchase on Twitter with a link to a Form 8-K Securities and Exchange Commission (SEC) filing registered on March 5, 2021. Microstrategy’s Bitcoin Buying Spree Continues Microstrategy continues its bitcoin (BTC) buying spree announcing it bought an additional $10 million worth on Monday. The BI company’s CEO revealed the new acquisition on Friday, March 5, when he tweeted about…
Day: March 5, 2021
Microstrategy Now Hodls 91,064 Bitcoins at $24,119 Per BTC
In summary: Microstrategy has purchased 205 additional Bitcoin for $100 million bought at $48,888 each The company now holds 91,064 Bitcoin at an average entry of $24,119 The $47k Bitcoin price area is a level of macro support that has seen the movement of 500k BTC If Bitcoin fails to hold $47k, chances are that $42k is next The software company of Microstrategy has purchased an additional 205 Bitcoins for roughly $100 million. Each BTC was purchased at an average value of $48,888 bringing the total of Bitcoin owned by…
⚠️ BITCOIN IS IN DANGER ⚠️ ELON MUSK PUMP AND DUMP!!!!!!!!!!!!!!!!!!!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💰 Bybit: $620 BONUS 💰 Use This Voucher Code: JACKPOT BITCOIN TODAY: In this video, I’ll go through the Bitcoin news today & I’ll make a Bitcoin price analysis. I’ll talk about th Elon Musk Bitcoin pump I make 1 video every single day about crypto news & BTC. I’ll always include professional Bitcoin technical analysis, to make a Bitcoin price prediction, and I’ll also show you the most relevant news for BTC investing & trading. Please subscribe and leave a THUMBS…
GameStop tale exposes regulatory paternalism and DeFi’s true value
Though seemingly coming from nowhere for many, the themes behind the Reddit-fueled r/Wallstreetbets pump of GameStop feel familiar. Watching it unfold, I tried to figure out just why it had captured my interest to such a degree, and, to me, it was a spillover into the traditional markets of some pervasive themes driving crypto. Despite some competition in the narrative, I view the motivating force — and by it, I mean the social media-fueled spread of the message that drew enough widespread interest to have an impact in the market — behind…
TimeCoinProtocol Brings Its Native Token TMCN to Mainstream Investors
The TimeCoinProtocol’s TMCN token sale is a well-structured one with an accompanying lock-up period. The TimeCoinProtocol, a blockchain-based decentralized sharing economy platform built atop the Ethereum blockchain is set to expand the reach of its native token with the ticker symbol, “TMCN,” by bringing it to the mainstream market. Per a press release shared with Coinspeaker, the project which brings to the crypto ecosystem unique functionalities and offerings particularly in the growing eSports niche has been backed thus far by its equity investors. The essence of a crypto or blockchain-based…
No more ‘Bitcoin effect’? MicroStrategy stock falls by 50% in 17 days
The Bitcoin (BTC) price correction isn’t just hurting individual hodlers — the biggest players are suffering in more ways than one. Data from markets on March 5 revealed that MicroStrategy, which owns over 91,000 BTC, has seen its stock price dive by more than half in just three weeks. MicroStrategy keeps buying BTC On the day that the company confirmed that it had added another 210 BTC to its reserves at a cost of $10 million, MicroStrategy’s stock hit local lows of $628. At its peak in February, MSTR traded…
DeFi protocols Yearn and Cover announce cessation of merger
Decentralized finance (DeFi) protocols Yearn Finance and Cover have announced today the end of a protocol merger process initiated in November last year. The two protocols were initially linked during a spree of a half-dozen Yearn acquisitions, mergers, or collaborations, the exact term depending on the project. The split comes as a surprise to many, given that Cover, a protocol that provides coverage or insurance for DeFi deposits, was a natural fit for yield vault provider Yearn. The teams had also collaborated in crisis situations in the past, such as…
What does the frog meme? – Cointelegraph Magazine
When BarnBridge founder Tyler Ward decided to change his profile pic a few weeks ago, he inadvertently created a Pepe the Frog NFT meme craze embraced by celebrities and the DeFi community that was on track to reap more than $60 million in sales on the OpenSea auction platform. Then the wheels fell off rather spectacularly. Magazine chats with Ward on Monday, Feb. 22, after the first 20 of 1,069 Non-Fungible Pepes were sold at an average price of $62,671 each, and he can’t quite believe it. “We sold like…
BITCOIN DIRECTION LES 20.000$ PLUS RAPIDEMENT QUE PREVU !? btc analyse technique crypto monnaie
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Le BTC serait peut être sorti de sa baisse , nous abordons une analyse graphique bearish et bullish ensemble ! Nous voyons en détail chaque support, résistance, et figure envisageable durant ce fameux dump ou pump BITCOIN ! _______________________________ Pour faire un don en EURO ou en BITCOIN : Pour faire un don en BTC / Bitcoin: 1Q87XPt9PMjTCeFhEgN4FaqSwTfSqm6b3C _____________________________ Mes analyses ne sont que mon point de vue du marché, il ne faut pas prendre ce que je dis comme conseil financier…
‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway – Economics Bitcoin News
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal Jobs Summit on Thursday. Powell didn’t explain when the easy-money policies would end and after his commentary, U.S. bonds and stocks saw a massive sell-off. The US Fed Juggles Shaky Treasury Yields and Easy-Money Policies On March 3, 2021, Reuters reported on how the…