The overall BTC holding of the global private firms surged after February 2021. MicroStrategy, a prominent BI organization, is bullish on BTC with an AUM worth over $6 Billion. BTC holding of private firms increased by 400% in just a year. Source: Bitcoin.com The BTC amount held by private…
Crypto
On Thursday night, developer Samuel Dobson revealed that he is stepping down as a Bitcoin Core maintainer after three years because he “can no longer dedicate the time required, as I approach the end of my Ph.D.” as made known in a series of tweets. “I am officially stepping…
Being inflationary encourages people to spend Dogecoin, making it a better transaction currency, said Elon Musk. DOGE price meanwhile is still down 78% from it’s all-time high. Bitcoin, according to Tesla CEO, is more suitable as a store of value and that’s why investors prefer to “HODL” it. Tesla’s…
Six major crypto company executives went to the US congress for a landmark hearing. Call for tailor-made regulations was made while harsh regulations were cautioned against so as not to drive away innovation. The hearing has the crypto market optimistic and “overwhelmingly positive.” This week, the House Committee on…
Fred Hampton once said, “People have to have power; it belongs to them.” Time and again, the world has witnessed the strength of people coming together for a cause and quelling down the authoritarian society. Centralized spaces have abused their power more often than we can recollect. One of…
Chamath Palihapitiya, the former Facebook senior executive, sold 15% of his stake in SoFi Technology. The company’s net worth skyrocketed from $8.6 billion to $17.04 billion this year. SoFi’s share prices fell by 2% shortly after Chamath’s Twitter announcement. Billionaire Chamath Palihapitiya sells 15% of the total stocks of…
China is urging state-owned enterprises to stop mining cryptocurrencies, and the government is proposing punitive penalties, such as higher energy costs, for those that do so. According to sources, Meng Wei, a spokesperson for China’s top economic planner, claimed during a press conference that the NDRC aims to supervise…
According to a Pew Research Center poll issued on Thursday, around 16% of Americans had invested, traded, or used cryptocurrencies in some way. For people aged 18–29, the percentage rises to 31%, while for males in the same age group, it rises to 43%. Participants in the survey who…
A meeting will be conducted this week to decide whether crypto is viable or not. “For cryptocurrency to be effective, we will need policies for cryptocurrency,” said chairman of the Tanzania Bankers Association Cardano’s IOHK also had secret meetings with some officials in Zanzibar The government of Zanzibar, a…
Apple has no plans to use its $200 billion cash reserve to invest in cryptocurrency. While there is no intent to accept crypto as payment “in the immediate future,” the company is “definitely” looking at other things. Bitcoin and Ether meanwhile have rallied to new highs – $69,000 and…
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