Day: September 18, 2024

MicroStrategy increases convertible note offering by 25% to buy more Bitcoin

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MicroStrategy has raised its convertible note offering to $875 million, with plans to use the proceeds for redeeming existing debt and acquiring more Bitcoin. Business intelligence firm MicroStrategy, one of the largest corporate holders of Bitcoin (BTC), said in a press release on Wednesday, Sept. 18, that it increased its offering to $875 million in convertible senior notes due 2028, up 25% from a previously announced $700 million. According to the press release, the company, known for its aggressive Bitcoin acquisition strategy, plans to use the net proceeds to redeem…

The (Zero-Knowledge Proof) Singularity Is Near

The broader impact of proof singularity extends beyond individual blockchain networks, as it paves the way for a more interconnected and scalable Web3 ecosystem. As ZK proofs become faster and more efficient, cross-chain communication and interoperability can be greatly improved, enabling seamless, secure interactions between various blockchain protocols. This could lead to a paradigm shift where data privacy and security are inherently built into the infrastructure, fostering trust and compliance in industries that require rigorous data protection standards, such as healthcare, finance, and supply chain management. Source

Babydoge Price Prediction | Is Babydoge a Good Investment?

The Babydoge meme coin has gained popularity in 2024, piggybacking off the success of Dogecoin and offering even faster transaction speeds and lower fees. Of course, while utility is important, a meme coin’s success and price action is largely based off of social media presence and the strength of the community. Let’s take a look at some factors in that price action and make a Babydoge price prediction for 2024 and beyond (BABYDOGE). What is Babydoge? Babydoge is a dog-themed meme cryptocurrency inspired by Dogecoin (DOGE). Unlike DOGE, however, BABYDOGE…

Shiba Inu Eyes Explosive 430% Climb As Momentum Builds —Analyst

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Analysts have taken notice of Shiba Inu (SHIB) recently, which sees an unusual strength even when the greater crypto market gets into chaos. Optimism for the massive upswing in price came after a recent breakout from a falling wedge pattern. This technical development could be a sign of a downtrend turning into a bull’s market and could see a heavy price rise. Technical Analysis Signals Potential Upsurge On 20 August, Shiba Inu came out of a falling wedge pattern–a sign that bearish momentum was dwindling. According to crypto analyst Javon…