Slavcho Andov, Author at Timestamp Magazine

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XRP Has Hit The $1 For the First Time Since 2018: Taking A Closer Look

XRP recorded its ATH 3 years ago on 11th Jan, 2018, but the current bullish trend for XRP looks strong to beat it. XRP’s biggest setback came when it was delisted from Coinbase and Binance, two of the largest cryptocurrency exchanges during late 2020/early 2021. According to many analysts,…

News

Fed Chair Powell Calls Bitcoin A Better Substitute to Gold Than the Dollar

Calling Bitcoin as too volatile and unassisted a currency for mainstream adoption, United States Federal Reserve chair, Jerome Powell, says it could be “a substitute for gold” but not the dollar. Powell reiterated his opinion last Monday at an event hosted by the Bank for International Settlements (BIS), speaking…

News

Cardano’s Coinbase Listing: It Led to an Increase in the Open Interest for Futures Contracts over $1 billion

On March 19, 2021, Cardano (ADA) got listed on Coinbase. This listing increases the open interest on Cardano’s futures contracts by over $1 billion. After this listing, Coinbase customers can buy, sell, convert, and transact ADA tokens. ADA has become the third-largest cryptocurrency in the market after Bitcoin (BTC)…

Opinion

What are SPACs and How Do They Help Create Wealth?

The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In 2020, there were 247 new SPACs, which collectively got $83 billion in capital by issuing public shares. The average SPAC IPO in 2020 was a…

News

More Buys for MicroStrategy… What is Their Strategy?

By December 21, 2020, MicroStrategy purchased a total of 70,470 bitcoins with an overall purchase price of $1.125 billion. The buying spree occurred in two phases when it purchased 40,824 and 29,646 BTC at an average price of nearly $21,925. MicroStrategy got into a strategic alliance with Coinbase earlier…

News

Yellen Sworn in as the First Woman Treasury Secretary After Getting Nod From the U.S. Senate

The U.S. Senate voted 84 to 15 on Monday, confirming Janet Yellen as the Treasury Secretary. She is the first woman ever to be selected for this role. Last week, Yellen received a nod from the Senate Committee on Finance for the role of Secretary of Treasury. Showing bipartisan…

News

Morgan Stanley Allegedly Owns 10% Equity Stake In Michael Saylor’s MicroStrategy

Microstrategy could be setting the path for other high portfolio firms to venture into making Bitcoin investment a major part of their portfolio following positive vibes that have rallied behind the company since declaring interest in Bitcoin. According to a filing with the Securities and Exchange Commission released on…

News

MicroStrategy Completes a $1.05 Billion Debt Offering to Buy More Bitcoin

MicroStrategy will buy more Bitcoin after a successful debt offering of $1.05 billion. With 71,079 BTC in its holdings, Microstrategy is one of the largest buyers of Bitcoin in the world. The rising prices of Bitcoin led to a 600% growth in the prices of Microstrategy’s shares. Publicly-traded MicroStrategy…

Slavcho Andov

XRP Has Hit The $1 For the First Time Since 2018: Taking A Closer Look

Fed Chair Powell Calls Bitcoin A Better Substitute to Gold Than the Dollar

Cardano’s Coinbase Listing: It Led to an Increase in the Open Interest for Futures Contracts over $1 billion

What are SPACs and How Do They Help Create Wealth?

More Buys for MicroStrategy… What is Their Strategy?

Yellen Sworn in as the First Woman Treasury Secretary After Getting Nod From the U.S. Senate

Morgan Stanley Allegedly Owns 10% Equity Stake In Michael Saylor’s MicroStrategy

MicroStrategy Completes a $1.05 Billion Debt Offering to Buy More Bitcoin

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