Month: April 2023

MicroStrategy Now Has 140,000 BTC after Spending $29M Buying More Bitcoin

MicroStrategy is unrelenting with its Bitcoin purchases as it recently spend more than $29 million on over 1,000 BTC. MicroStrategy (NASDAQ: MSTR) has continued amassing more Bitcoin and has purchased an additional 1,045 BTC. The business intelligence firm announced it spent $29.3 million on the recent purchase, at an average of $28,016 per Bitcoin. According to a tweet from co-founder and executive chairman Michael Saylor, MicroStrategy’s portfolio now has 140,000 Bitcoins. The company spent a total of $4.17 billion at an average of $29,803 per coin. The American intelligence company has been…

Latest Bitcoin price data suggests double top above $200K in 2025

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Bitcoin (BTC) is still on track to hit $180,000 in its next halving cycle, a longtime market participant says. In new analysis published March 3, Filbfilb, co-founder of trading suite Decentrader, doubled down on his bullish BTC price outlook for the years ahead. Filbfilb keeps faith in Bitcoin halving cycles With BTC/USD approaching $30,000, but traders highly suspicious of the 2023 rally, sky-high BTC price predictions have been poorly received. Two current $1 million forecasts, from ARK Invest CEO Cathie Wood and former Coinbase executive Balaji Srinivasan respectively, continue to…

MEV Blocker Wants to Help You Outrun the Frontrunners

With its endpoint, MEV-Blocker aims to give power back to regular users – providing them a way to not just circumvent the most common MEV attacks, but also to profit from less offensive MEV strategies. It was jointly created by CoW Protocol, Beaver Build and Agnostic Relay – some of the larger players in Ethereum’s MEV ecosystem. Source blockerFrontrunnersMEVOutrun CryptoX Portal

China Ready to Talk Asian Monetary Fund to Cut Dollar Dependence, Malaysia Says – Bitcoin News

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An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar, to remain dependent on the greenback. Malaysia Prepares to Trade With China in National Currencies, Limit Reliance on Dollar China is open to talks with Malaysia on a decades old proposal to set up an Asian Monetary Fund that can reduce reliance on the U.S. currency, Malaysian Prime…

MEV Blocker Wants to Help You Outrun the Front-Runners

With its endpoint, MEV-Blocker aims to give power back to regular users – providing them a way to not just circumvent the most common MEV attacks, but also to profit from less offensive MEV strategies. It was jointly created by CoW Protocol, Beaver Build and Agnostic Relay – some of the larger players in Ethereum’s MEV ecosystem. Source

Ethereum projects unite to protect users from MEV-induced high prices

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Over 27 prominent Ethereum projects joined hands to launch MEV Blocker, a solution that aims to tackle and minimize the amount of value extracted from their users, a.k.a maximally extractable value (MEV) — Ethereum’s invisible tax.  MEV is a tax imposed on decentralized finance (DeFi) users on transactions. MEV bots can hijack transactions midway, such as Ether (ETH) trades, nonfungible token (NFT) purchases and ENS registrations, and inflate prices for the users. MEV Blocker was jointly developed by CoW Swap, Agnostic Relay and Beaver Build as a free and censorship-resistant…

Ralph Lauren and other luxury brands accepting bitcoin in 2023

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The fashion industry is not excluded from crypto adoption: Ralph Lauren has recently started accepting crypto payments. In this article, we look at luxury brands that allow crypto payments. Fashion brands accepting crypto  Ralph Lauren Ralph Lauren, an American publicly traded fashion heavyweight and luxury brand established in 1967, joined forces with BitPay to add support for crypto payments at its new Miami Design District store. With the partnership, customers of the luxury brand in the crypto-friendly city of Miami will now be able to pay for their purchased fashion…

Samsung Quarterly Profit Set for 92% Crash Not Seen in 14 Years as Memory Chip Surplus Continues

Analysts say that expected figures from Samsung will likely reveal a heavy crash in operating profit as the company struggles to sell chips. Samsung Electronics Co Ltd is expected to see an unprecedented crash in first-quarter profit. According to a Reuters publication, Samsung will likely suffer its worst profit crash in 14 years as it struggles with excess memory chip production. Samsung is currently unable to sell its memory chips as demand continuously wanes. The general market awaits Samsung’s preliminary first-quarter results this week, with detailed results expected later in the…

NFT Creator, Sarah Zucker – Cointelegraph Magazine

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As a Millennial who remembers the world before digital devices and the internet were everywhere, Sarah Zucker — aka The Sarah Show — is fascinated by the accelerated transition society at large is going through. “I feel as a Millennial that I’m part of this generational cohort that’s in this very unusual experience of having had an analog childhood and now living a digital future,” says Zucker.  “I’m specifically using tools of the recent past like analog TVs to take people out of our present moment and create this different…