Month: September 2024

Michael Saylor’s MicroStrategy (MSTR) Plans Another $700M Convertible Note Issuance to Redeem Debt, Boost Bitcoin (BTC) Stash

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The company, led by Executive Chairman Michael Saylor, started purchasing bitcoin in 2020, adopting it as a reserve asset for its treasury. Since then, it has become the largest corporate buyer of bitcoin, accumulating 244,800 BTC, worth roughly $14.2 billion at current prices. Only days ago, MicroStrategy disclosed the purchase of an additional $1.1 billion worth of bitcoin, leaving it with $900 million available under a previous offering. Original

Dogecoin Breaking Out Of Monthly Downtrend: Can DOGE Reach $12?

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Este artículo también está disponible en español. Dogecoin (DOGE) is holding strong above a key price level after a small market dip on Sunday, putting it at a crucial turning point. The meme coin recently broke out of a monthly downtrend that has kept its price suppressed since late March, signaling a potential shift in momentum.  Related Reading Analysts and investors are growing increasingly optimistic about DOGE’s latest price action, with some predicting that if Dogecoin breaks above the $0.12 mark, it could trigger a larger rally in the meme…

What We Know About Today’s Launch of World Liberty Financial

Though the Trump family appears deeply involved in World Liberty Financial and Donald Trump will be officially unveiling it on Monday evening, the project’s white paper claims that the platform has no political affiliation, stating: “World Liberty Financial is not owned, managed, operated, or sold by Donald J. Trump, the Trump Organization, or any of their respective family members, affiliates, or principals.” Source

CZ Set to Be Released From Prison on September 29

Zhao was sentenced to four months in prison in April, five months after he pleaded guilty to violating the Bank Secrecy Act by failing to set up an adequate know-your-customer (KYC) program at Binance. As part of his guilty plea, Zhao also agreed to pay a $50 million fine and step down as CEO of the crypto exchange. Source

DeFi protocol Euler Finance announces launch of new stablecoin Maxi

Decentralized finance lending platform Euler Finance has introduced a new hybrid token called Maxi. Euler Labs, the team behind the decentralized finance lending protocol on Ethereum (ETH), announced the development on Sept. 16. Maxi, as the platform explained in a post on X, is a bespoke lending product designed to offer its users greater capital efficiency. A stablecoin backed with range of assets Maxi is a stablecoin whose key features include a blend of assets and cross-collateralization for both capital efficiency and risk mitigation, Euler Finance posted. In terms of…

Bhutan’s Bitcoin mining stash exceeds $750m: Arkham 

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Bhutan, a country with a population of under one million, ranks as the world’s fourth-largest sovereign Bitcoin owner. According to Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC) tokens valued at over $750 million as of Sept. 16. Only the U.S., China, and the U.K. have larger BTC holdings. Bhutan overtook El Salvador to claim fourth place and joined world governments that cumulatively control over 2.2% of BTC’s total supply, per CoinGecko. BREAKING: BHUTAN GOVERNMENT’S $750M BTC NOW ON ARKHAM Bhutan’s Bitcoin holdings are now labeled on Arkham.…

Avalanche Revenue Down Over 40% In Q2

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Este artículo también está disponible en español. Avalanche (AVAX) has had a terrible Q2 2024 by several standards, going by a significant decline in market capitalization coupled with low revenue generation. Related Reading Messari’s recent report indicated that AVAX faced a fierce correction after two quarters of growth on the trot. Market capitalization dipped by 40% within the last quarter to stand at $11.6 billion. Well, despite this slump, the ecosystem is still sound as AVAX still has a market cap of $4.5 billion — that’s a 157% surge compared…

How to potentially earn $10,000 with CryptocoinMiner

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CrytocoinMiner’s user-friendly platform has attracted over 3.7M global members for easy mining access. Freelancing pays more than your main job? I’m going to reveal some of them here. So, who are these people? Stick around because this article will reveal the two recommendations from people with different careers. The first is Charlotte, who specializes in photovoltaic panel installation. Five years ago, he was still working part-time, although he also…