# MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies

# MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies

“# MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies ” The value of MicroStrategy’s massive Bitcoin (BTC) holdings has surpassed what most S&P 500 companies hold in their cash treasuries. The Nasdaq-listed enterprise software firm purchased an additional 5,050 Bitcoin for about $242.9 million, raising the value of its 114,042 BTC holdings…

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# Decoupling ahead? Bitcoin and Ethereum may finally snap their 36-month correlation

# Decoupling ahead? Bitcoin and Ethereum may finally snap their 36-month correlation

“# Decoupling ahead? Bitcoin and Ethereum may finally snap their 36-month correlation ” Anish Saxena, a New Delhi-based automobile dealer, made “incredible” profits by investing in cryptocurrencies in 2020, just as his business took a hit from the coronavirus pandemic-induced lockdown. “I had known about Bitcoin and Ethereum and dozens of other assets for years,”…

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# Crypto is the next step toward a cashless society

# Crypto is the next step toward a cashless society

“# Crypto is the next step toward a cashless society ” From QR code payments to mobile banking apps, consumers worldwide are increasingly reliant on digital payment solutions, especially as mobile technology becomes more ubiquitous. Government-led efforts in driving cashless economies have been a key factor, with countries such as Singapore or the Philippines seeing…

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# State-backed digital currencies can disrupt financial systems: Report

# State-backed digital currencies can disrupt financial systems: Report

“# State-backed digital currencies can disrupt financial systems: Report ” Central bank digital currencies, or CBDCs, could pose a threat to financial systems if related risks are not managed, Big Three credit agency Fitch Ratings has warned. Fitch Ratings released a report on Monday entitled “Central Bank Digital Currencies: Opportunities, Risk and Disruption,” which discussed the…

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