Tag: Business

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MicroStrategy Acquires 27,200 BTC for $2B; Bitcoin Profits Reach $11B

MicroStrategy, led by Michael Saylor, has made headlines once again by acquiring a substantial amount of Bitcoin. The company, known for being the largest corporate holder of Bitcoin, recently purchased an additional 27,200 BTC...
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Bitcoin Price Forecast: Will Record Rally Hit Roadblock at $90K-$100K Range?

As bitcoin's price continues to surge, there is a potential roadblock looming ahead as it approaches the $90,000 to $100,000 range. Market makers or dealers, responsible for providing liquidity in the order book, have...
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Coinbase Stock and App Rankings Surge with Crypto Market Rebound

Coinbase, the leading cryptocurrency trading platform in the United States, has experienced a significant increase in its stock value, surpassing $300 for the first time since November 2021. This surge, amounting to an 11%...
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Record $31.3B Inflows in Digital Asset Funds with Bitcoin Leading Charge

Digital asset funds have seen an incredible influx of $31.3 billion, setting a new record. The total assets under management globally have reached $116 billion, indicating a growing confidence in the market. CoinShares reported...
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Bhutan’s $1 Billion Bitcoin Reserve Sparks Speculation on National Adoption

Bhutan, a small Himalayan kingdom, has quietly amassed over $1 billion in Bitcoin reserves, making it a unique player in the world of sovereign wealth. The government-owned Druk Holdings reportedly holds more than 12,500...
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U.S. Crypto Stocks Soar in Pre-Market Trading, MicroStrategy Tops $300

Crypto stocks in the U.S. are experiencing significant growth in pre-market trading, with bitcoin reaching a new all-time high above $82,000. This surge in the cryptocurrency market has led to a rise of more...
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FTX Lawsuit Against Binance and Former CEO CZ for $1.8 Billion

Bankrupt crypto exchange FTX has taken legal action against rival Binance and former Binance CEO Changpeng "CZ" Zhao over an alleged fraudulent repurchase of shares by FTX's former CEO, Sam Bankman-Fried.Bankman-Fried negotiated to buy...
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Solana Price Surge Propels Market Cap Over $100B, Outpacing Bitcoin and Ethereum

Solana, a cryptocurrency that has been making waves in the digital asset space, recently achieved a significant milestone by surpassing a $100 billion market cap. This achievement is particularly noteworthy as it outpaced the...
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Solana Surges to Nearly Three-Year High, Joins $100B Club

Solana's native cryptocurrency, SOL, reached a significant milestone recently, hitting a nearly three-year high of $212. This surge came as bitcoin also soared to new record prices, fueling a broader crypto rally following key...
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Blockchain: The Ultimate Fix for Unpaid Artist Royalties?

Unpaid royalties are a significant issue in the music industry, with artists losing out on millions, if not billions, of dollars globally. The recent lawsuit by Limp Bizkit against Universal Music Group sheds light...