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” Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy “ Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried stepping down as CEO. Bitcoin, Ethereum and MicroStrategy comparison. Source: TradingView Crypto-linked stocks…
” MicroStrategy takes its BTC maximalism to the next level with new engineer hire “ MicroStrategy, the business intelligence and tech company that holds the world’s largest Bitcoin (BTC) reserve, is hiring a Bitcoin Lightning software engineer to create a Lightning Network-based software-as-a-service platform. The new engineer will be responsible for building a Lightning Network-based…
” Bitcoin better than physical property for commoners, says Michael Saylor “ MicroStrategy CEO and Bitcoin (BTC) advocate Michael Saylor doubled down on his support for Bitcoin as he explained the issues related to transferring the value of physical properties such as gold, company stocks or equity and real estate during the Australia Crypto Convention….
” Crypto Biz: The biggest problem with DeFi isn’t what you think “ Cryptocurrency has converted another veteran of Wall Street after ex-Morgan Stanley executive Kevin Lepsoe launched a new platform for decentralized finance (DeFi). His new firm, Infinity Exchange, received a nice injection of seed funding in a bid to boost DeFi adoption among…
” MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing “ MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing. MicroStrategy, co-founded by Bitcoin bull Michael…
” Crypto Biz: Gucci ‘apes’ into crypto “ What comes to mind when you think of Gucci? Designer handbags, fashion jewelry, elegant Swiss watches? What about payment integration with an ERC-20 governance and utility token that wants to power Web3? Rolls off the tongue, doesn’t it? The iconic Italian fashion brand announced this week it…
” MicroStrategy stock MSTR hits 3-month high after CEO’s exit “ MicroStrategy (MSTR) stock opened higher on Aug. 3 as investors digested the news of its CEO Michael Saylor’s exit after a depressive quarterly earnings report. Microstrategy stock up 142% since May lows On the daily chart, MSTR’s price surged by nearly 14.5% to $324.55…
” Michael Saylor will step down as MicroStrategy CEO but will remain executive chair “ Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm he helped co-found in 1989. In a Tuesday notice on its second quarter earnings for 2022, MicroStrategy said…
” BTC bull Michael Saylor: Ethereum is ‘obviously’ a security “ MicroStrategy CEO and Bitcoin (BTC) bull Michael Saylor said that Ethereum (ETH) is ‘obviously’ a security as he doubled down on labeling BTC as the only commodity in the crypto sector. In an interview with Altcoin Daily, Saylor was questioned on his take regarding the classification…
” Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip “ Coinbase has long been considered an important bellwether of the cryptocurrency market. Last year, when the company was expanding its workforce, adding institutional clients and issuing stock, crypto prices were hitting record highs. Now, in the depths of crypto winter,…