Solana moved closer to the $40.00 mark on Monday, as it rose for a sixth straight session to start the week. Bullish momentum in the world’s ninth largest cryptocurrency intensified, following a breakout of a resistance point of $36.35. Near protocol was also in the green, as prices rose by over 10% on Monday. Solana (SOL) Solana (SOL) climbed to a three-week high to start the week, as the token moved towards the $40.00 level Following a low of $34.48 on Sunday, SOL/USD was able to reach a peak of…
Day: September 12, 2022
MicroStrategy to Sell $100 Million Worth of Stock to Acquire More Cryptocurrency
Software company MicroStrategy (MSTR), which has transformed into a corporate bitcoin (BTC) vault, intends to sell up to $500 million worth of stock to finance additional cryptocurrency purchases. The stock offering, which will be used for “general business purposes such as the acquisition of bitcoin”, was disclosed in the filing with the Securities and Exchange Commission. This is a first concrete proof that founder Michael Saylor still insistent on his goal to transform MicroStrategy into the crypto proxy, despite his recent resignation as CEO to focus on bitcoin acquisitions. He…
Bored Ape NFT Band to Make Music With Beyoncé-, Timberlake-Linked Producers
Grammy Award-winning producers James Fauntleroy and Hit-Boy are creating the sound of Universal Music Group’s Kingship band. Source
A Crypto Tsunami Is Coming for Ethereum, Bitcoin, Algorand & SHIB ($1.2B Options Expire!)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What’s happening w/ the crypto market? Today we discuss the LATEST cryptocurrency news for bitcoin, ethereum, metaverse altcoins, & more! 👋 SLAP THE LIKE BUTTON! 🔵 Crypto Expert Gives SHOCKING Bitcoin Prediction for September | Eric Crown 🟣 Crypto Expert Predicts 12k Bitcoin THIS YEAR | Gareth Soloway 🔴 Kevin Smith Makes Crypto History with First Ever NFT Film (Huge Moment) 🟠 Mark Cuban EXPOSES The Crypto Market in 2022 | Full Interview 🎬 Why Spike Lee is BULLISH on Bitcoin and…
While the banks were closed, Bitcoin reached 5,000 days online
The world’s largest cryptocurrency reached a milestone on Monday, Sept. 12 — Bitcoin (BTC) celebrated 5,000 days of uptime. The network has functioned almost without a hiccup for 13.69 years. In Bitcoin speak, the blockchain has been online, confirming a valid block of transactions every 10 minutes, on average, for 753,782 blocks (5,000 days). Plus, 3,464 days have passed since the last downtime incident. The first Bitcoin block was mined by Satoshi Nakamoto on Jan 3rd, 2009. Bitcoin spent 99.9% of the year online, confirming valid blocks on average every 10 minutes…
Asset Manager Stone Ridge Shutting Bitcoin Futures Fund
Launched in 2019, the fund failed to garner significant assets under management. Source
Crypto Fund LedgerPrime Planning to Refund Outside Investors: Report
LedgerPrime, which has $300 million to $400 million in assets under management, according to Seeking Alpha, would continue to operate independently but would only make investments on behalf of trading firm Alameda Research, which was started by FTX founder and CEO Sam Bankman-Fried. Source CryptoFundInvestorsLedgerPrimePlanningrefundReport CryptoX Portal
Crypto Fund LedgerPrime Planning to Refund Outside Investors
LedgerPrime, which has $300 million to $400 million in assets under management, would continue to operate independently but would only make investments on behalf of trading firm Alameda Research, according to Seeking Alpha. Alameda was started by FTX founder and CEO Sam Bankman-Fried. Source
Actualización de Ethereum puede generar mayor adopción institucional de ether, según Bank of America
Por su parte, un protocolo de seguro descentralizado, como Nexus Mutual, necesita generar rendimiento en sus reservas para poder convertirse en una alternativa viable a las compañías de seguros tradicionales, manifestó el banco. Las compañías de seguros suelen invertir sus reservas en deuda corporativa y pública, pero es difícil encontrar instrumentos con características de riesgo y compensación similares en el ecosistema de activos digitales. Consideran que el staking de Ethereum podría ser la alternativa más cercana. Source
There’s No Future for DeFi Without Regulation
America’s first experiment with DeFi didn’t end well and the second one is going badly too. Can we learn the lessons of history to make the third try a success? Source