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MicroStrategy Spends Another USD 82m on Bitcoin


  The US-based business software firm MicroStrategy has bought an additional 1,434 bitcoin (BTC), bringing its total stash to BTC 122,478 (USD 6bn), the company’s CEO, Michael Saylor said. The new coins were acquired at an average price of USD 57,477.... Read More: MicroStrategy Spends Another...

Bitcoin, Stocks Largely Unmoved as China Evergrande is Declared in Default


  The price of bitcoin (BTC) and US stock futures are largely unmoved today after the expected news broke that Chinese property development giant Evergrande for the first time has failed to pay off a US dollar-denominated debt obligation.... Read More: Bitcoin, Stocks Largely Unmoved as China...

Bitcoin and Ethereum Struggle Near Resistance Zone, XRP Rallies


  Bitcoin price attempted an upside break above the USD 50,000 resistance but failed. BTC is currently (11:57 UTC) trading near USD 49,200. If the bulls lose control, there is a risk of a sharp decline towards the USD 47,500 support.... Read More: Bitcoin and Ethereum Struggle Near Resistance...

Crypto Exchange Bitstamp Lists Shiba Inu as SHIB Adoption Grows


Another major cryptocurrency exchange, Bitstamp, has listed shiba inu cryptocurrency. Bitstamp users will be able to trade SHIB against the U.S. dollar and the euro. The announcement came as more trading platforms are listing shiba inu and more stores are accepting the meme crypto for payments....

Bitcoin Consolidates, Ethereum Inches Higher, LUNA Flips DOGE


Bitcoin price corrected lower and tested the USD 49,000 region. BTC is relatively stable and is currently (04:24 UTC) facing resistance near USD 50,000. A close above USD 50,000 may perhaps push the price towards USD 52,000. Besides, most major altcoins are gaining bullish momentum. ETH surpassed...

Ark Invest CEO Cathie Wood Says Metaverse Will Be Multitrillion-Dollar Market


The CEO of Ark Investment Management, Cathie Wood, says that the metaverse can become a multitrillion-dollar market. “It’s a big idea that will probably infiltrate … every sector in ways that we cannot even imagine right now,” she said. Cathie Wood Believes the Metaverse...

Regional CCP Chief Arrested Over Crypto Links as China Hunts Crypto Users


  A high-flying regional Communist Party official who was expelled from the party last month for allegedly supporting crypto miners has been arrested. Meanwhile, individuals are being caught sending money abroad using crypto. Per the Epoch Times and the Xinhua news agency, Xiao Yi, the former...

Australia to Regulate Crypto Sector as Part of Payments Reform


The government of Australia is preparing to comprehensively regulate the activities of cryptocurrency exchanges and custodians. The push is part of a major overhaul, aimed at preserving the country’s sovereignty over its payments system, which will also affect providers like Apple...

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