MicroStrategy Grew Its Bitcoin Stash by $1 Billion
Business intelligence firm MicroStrategy announced that they increased its Bitcoin holdings. The firm purchased $1.026 billion worth of Bitcoin. Close to 19,452 Bitcoins were purchased at an average price of $52,765. With the recent purchase, MicroStrategy holds approximately 90,500 Bitcoins. The total value of its…
Bitcoin Achieved a New All-Time High Passing $50K
The price of Bitcoin just reached another all-time high breaking the $50,000 barrier. World’s largest cryptocurrency achieved this at a time where Tesla announced its $1.5 billion investment in Bitcoin two weeks ago. MicroStrategy announced that they are looking at selling $600 million worth of…
Bitcoin Passed $44K as Tesla Invested $1.5B into Bitcoin
The CEO of Tesla, Elon Musk, invested $1.5 billion into Bitcoin. According to an SEC filing today, the world’s richest man has purchased Bitcoin worth $1.5 billion in January. No sooner than the news of the purchase published, the price of Bitcoin spiked passing, $43,000,…
PayPal to Launch a Dedicated Crypto Arm
The CEO of PayPal Holdings, Daniel Schulman announced that they launched a new dedicated business segment to initiate the crypto arm. Schulman made it public during PayPal’s earnings call on last Wednesday. He further said that they will focus much of their resources on blockchain…
Ethereum Price Reached a New All-Time High of $1,500
The world’s second-largest cryptocurrency by market cap, Ethereum is now worth closer to $175 billion. The price of Ethereum achieved a new all-time high today as it reached above $1,500 with an increase of 14% in the last 24 hours. At the time of the…
Tesla CEO Elon Musk said He’s a supporter of Bitcoin
Bitcoin is one of the most discussed topics during this year. The price of Bitcoin reached the $40,000 mark last month. The Billionaire CEO of electric car manufacturer Tesla Elon Musk said that he believes Bitcoin is on “the Verge” of breaking into the traditional…
MicroStrategy CEO Michael Saylor Invest $10M More In Bitcoin, Buy the Dip
MicroStrategy, the business intelligence firm, bought another 314 more Bitcoin worth $10 million today. The Bitcoin market plummets closer to 15% earlier today, bringing the price of Bitcoin (BTC) to $28,810. The CEO Michael Saylor, mentioned in a tweet that the bought Bitcoin cost an…
‘Forgotten’ $750 Million in BNB Tokens Unlocked and Allocated to Binance Staff
Changpeng Zhao today said that Binance just unlocked a large amount of Binance coin (BNB) for their staff. He further said that the tokens were supposed to be released six months ago and, the exchange overlooked to execute this process before. Binance ran its ICO…
Elon Musk to Accept Payments in Bitcoin?
Elon Reeve Musk, the founder and CEO of SpaceX, Tesla Inc has just surpassed Amazon’s Jeff Bezos as the world’s richest person. Musk’s net worth hit $186 billion on Wednesday. The Amazon CEO Jeff Bezos held the world’s richest person title since October 2017 and,…
Bitcoin to Mark a New All-Time-High With $29,000
The world’s first cryptocurrency Bitcoin, recorded another high this Wednesday. Whilst the Trump administration is pushing to send a one-time stimulus package to millions of American citizens starting soon this week, following Trump’s late signing of papers for a $900 billion coronavirus aid package. Many…
