Day: January 21, 2022

MicroStrategy shares drop on bitcoin’s slide, SEC rejection of company’s crypto accounting

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MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Shares of MicroStrategy tumbled 17.8% Friday afternoon after the U.S. Securities and Exchange Commission reportedly rejected the company’s bitcoin accounting strategy. The business-intelligence software company’s stock had been falling in tandem with the price of bitcoin, which dropped more than 10% Friday to its lowest point since August. MicroStrategy shares are down 24.7% for the week. A…

Whales Gobble Up Bitcoin As Non-Exchange BTC Supply Surges to All-Time High: Santiment

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Crypto whales are buying up Bitcoin (BTC) even as prices continue to track sideways this week, according to the market analytics firm Santiment. According to Santiment’s Twitter feed, whale addresses holding between 1,000 and 10,000 BTC snapped up 40,000 additional Bitcoin over two days earlier this week. That group of whales now own the same amount of BTC as they did before they began dumping their holdings in late December, when Bitcoin was priced around $49,000. Source: Santiment/Twitter Bitcoin is trading at $38,785 at time of writing, down more than…

FEDS WILL DO THIS TO ETHEREUM (Important For Holders) – ETH Price Movement Confirmed

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io GET THE LATEST NEWS ON CRYPTO! [Private Discord Server]: [Get a free stock on WeBull]: (You have to make the brokerage account on Webull AFTER YOU SIGN UP (Takes under 5 minutes) (Then deposit any amount) [Private Discord Server]: ——————————————————————————————— Comments will be read and please post feedback on videos. Any suggestions will also be read in the comment section. ——————————————————————————————— Support the channel by clicking subscribe, like and also commenting. ——————————————————————————————— Fair use is a legal doctrine that promotes freedom of…

Cardano Backed Metaverse Project Pavia’s Land Price Skyrockets

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Last week, Cardano network launched Pavia, a gaming application on the Metaverse. This stands as the first metaverse project operated on the Cardano blockchain. The use of non-fungible tokens (NFTs), which operate with the same blockchain technology as cryptocurrencies, is increasing. They enable investors to get tokenized assets of their favorite art items, idols, places, etc. NFTs create representations of both tangible and non-tangible items. According to its design, Pavia has about 100,000 land parcels issued. Each land parcel’s minting is a non-fungible token, NFT, that possesses individual coordinates. Related…

A16z to Raise $4.5 Billion for Crypto Investments – Bitcoin News

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A16z, a leading VC company in crypto, is reportedly ramping up its investments in the field this year. The company is said to be looking for $4.5 billion to invest in different cryptocurrency-related funds. This amount more than doubles the entire amount the company invested in crypto last year. A16z to Double Down on Crypto A16z will continue to put funds behind cryptocurrency-related projects this year, according to reports. The VC company, which focuses its investments on tech-related companies and has more than $28 billion in assets, is…

MetisDAO TVL surges by 99,800% as the layer-2 race heats up

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Attracting liquidity has become a de facto arms race in the growing decentralized finance (DeFi) landscape. Projects constantly battle to attract investors funds by offering enticing yields for crypto holders willing to take a risk and lock up their assets and protocols use this funds to build out their products and attract attention from larger investors.  One protocol that has been gaining traction in the total value locked (TVL) race is MetisDAO (METIS), a layer-two rollup platform designed to fully support the application and business migration from Web2 to Web3.…

The Federal Reserve Shares Its Thinking About a US CBDC

For more than a year, the Federal Reserve has been talking about a forthcoming paper on central bank digital currencies in the U.S. Now that the paper has finally been released, NLW walks us step by step through the Fed’s thinking and shares the initial commentary from the crypto community and Washington, D.C. Source

HUGE CRYPTO NEWS – Microsoft Activision Metaverse – Intel Bitcoin Mining – Coinbase Mastercard NFTs

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In the crypto news today: 1. Coinbase x Mastercard NFT 2. Intel to build a Bitcoin mining chip 3. CashApp integrates lightning in the US 4. Milo to offer 100% BTC-backed mortgage 5. Crypto exchange buys 268-year-old bank 6. Microsoft $70B Activision buy (metaverse) 7.OpenSea has acquired a crypto lending and borrowing platform Ron Hammond interview – Learn more about Algorand – 🔥 Sign Up with OkCoin 🚀 Get the Ledger Nano X to Safely store your Crypto – 🔥 Become a…

Here’s Why Bitcoin Tumbled 11% in 24 Hours

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Another reason, according to Ben McMillan, founder of IDX Digital Assets, is leveraged long positions, which exacerbated the sell-off into the Asian open on Friday. “This is nearly always the case with bitcoin,” said McMillan, who said that “$40,000 was an important support which has now turned into a resistance level and we could certainly see more downside over the weekend.” Original