Tag: Top

Michael Saylor Says He’ll Be Buying Bitcoin at the Top Forever and Whenever He Has Some Spare Cash

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Summary: Michael Saylor was on the Tucker Carlson show on Fox News, where he discussed Bitcoin and MicroStrategy’s long-term plans for the digital asset. Mr. Saylor reiterated that he would keep buying Bitcoin even if it meant buying at the top. He also explained that he would buy Bitcoin whenever he had some spare cash. Furthermore, according to his analysis, Bitcoin is the most certain thing in a very uncertain world. Yesterday, Microstrategy’s CEO and Perma Bitcoin bull, Michael Saylor, appeared on the Tucker Carlson show on Fox News, where…

Top Coinbase Executives Have Unloaded $1,200,000,000 Worth of Shares Since the Exchange’s Public Listing: Report

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Executives at top crypto exchange Coinbase are reportedly selling off $1.2 billion worth of the company’s shares since its direct listing in April 2021. The Wall Street Journal (WSJ) reports that Coinbase CEO and co-founder Brian Armstrong, co-founder Fred Ehrsam, president and chief operating officer Emilie Choi and chief product officer Surojit Chatterjee are responsible for the sales. The WSJ determined the figure by tracking regulatory filings. Coinbase’s shares (COIN) opened at around $342 in April 2021 but have since plummeted to $75.12 at time of writing, according to MarketWatch.…

After Defaulting Sri Lanka Plans to Print $2.8 Billion Worth of Rupees, Inflation Rate Expected to Top 40% – Economics Bitcoin News

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The government in crisis-stricken Sri Lanka has said it will print more money and cut spending on infrastructure as part of an attempt to pacify the restive population. The government, however, concedes that printing more money will likely see the inflation rate rise to 40%. Printing More Money as the Solution After defaulting on its obligations for the first time, the government in crisis-hit Sri Lanka now expects the country’s inflation rate to top 40%, Prime Minister Ranil Wickremesinghe has said. With the country now facing a steep revenue shortfall,…

Top Latin American Crypto Exchange Bitso Lays Off 80 Employees

Bitso has more than four million users in Mexico, Argentina, Colombia and Brazil. The company told CoinDesk in January that it’s aiming to become the largest exchange in Brazil before the end of 2022. In Brazil, Bitso competes with local crypto exchange Mercado Bitcoin, the leader with more than four million customers. Source

Top 3 Web3 Coins to Watch in 2022

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When speaking of Web3 coins, some may automatically think of cryptocurrency tokens such as Bitcoin and Ethereum – but it’s much more than that. In fact, Web3 coins form part of a much larger ecosystem which many believe is the future of both the internet and finance as we know it. Expanding further than just being an online currency, digital coins also give investors the power to vote on issues concerning the relevant protocols. Starting With the Basics Web3 (also known as Web3.0) is the next generation of the internet,…

Bitcoin Trading Volume Plummets Down From Recent Top

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Data shows the Bitcoin spot trading volume has once again come back down to normal values for 2022 after the big surge recently. Bitcoin Trading Volume Falls Back Down To Values Around $4 Billion As per the latest weekly report from Arcane Research, the Bitcoin trading volume has plummeted back down after the recent high values. The “daily spot trading volume” is an indicator that measures the total amount of Bitcoin moving on the chain on any given day. When the value of this metric goes up, it means the…

Top US Exchange Coinbase Becomes First Crypto Firm To Be Listed on Fortune 500

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Leading US exchange Coinbase has earned billions in revenue to become the first crypto company to break into the Fortune 500. Coinbase Global (COIN) grossed over $7.8 billion in revenue in 2021, placing COIN at #437 on Fortune’s ranking of the 500 largest US companies by revenue. Coinbase is the first crypto firm to join the list, published on Monday, and was first listed on the Nasdaq in April 2021. Fortune editor-in-chief Alyson Shontell says Coinbase was one of a few “pandemic winners” who managed to profit despite the “freakish circumstances” of…

Top 3 cryptocurrencies that are faring the best in the 2022 bear market

The crypto market has been in decline over the past six months with its valuation dropping from over $3 trillion in November 2021 to $1.23 trillion in May 2022. Fears over persistently higher inflation, the Federal Reserve’s hawkish response to it, and the ongoing conflict between Ukraine and Russia prompted investors to limit their exposure to riskier assets. Also, their increasing appetite for the safe-havens, such as the U.S. dollar, weighed down demand for some of the top cryptocurrencies and U.S. equities. As a result, some digital assets, such as…

GAIMIN Gladiators’ DOTA 2 Team Finish Top 4 in Stockholm Major – Press release Bitcoin News

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press release PRESS RELEASE. Zug, Switzerland, 22nd May 2022: GAIMIN Gladiators are delighted to announce their DOTA 2 finish Top 4 in the ESL One Major in Stockholm. For the last 10 days, GAIMIN Gladiators’ DOTA 2 team have achieved unprecedented acclaim for their progression in the ESL One Stockholm Major. As a newly formed team, in their first four months, this team has achieved success that is typically only seen in longer established and more highly funded teams. The DOTA 2 team lost out to OG in the lower…