CZ, Buterin, Dorsey top crypto social media popularity charts as SBF clings to 10th place

A mix of highly influential and controversial entrepreneurs make up the latest list of the ten most popular crypto entrepreneurs based on their social media presence, with Binance CEO Changpeng ‘CZ’ Zhao leading the pack in first place and convicted fraudster Sam Bankman-Fried trailing& ...

Demand for Bitcoin could grow by up to 10X within 12 months: Michael Saylor

With the Bitcoin halving just months away, MicroStrategy co-founder and Bitcoin bull Michael Saylor thinks that demand for BTC could grow by as much as 10X by the end of 2024. During a speech at the 2023 Australia Crypto Convention on Nov. 10, Saylor was asked to give his outlook for Bitco ...

Bitcoin price cools off, but ‘You can never have too much Bitcoin, says Saylor

This week Bitcoin (BTC) price came within a hair of the $36,000 mark, before abruptly reversing course and correcting to $34,250. After a near 30% run over the past month, it is natural for the price to cool off as some traders take profit and market participants evaluate whether or not the catal ...

MicroStrategy’s Bitcoin bag is up $900M amid BTC price surge

Business intelligence firm MicroStrategy has notched a paper gain of $900 million on its stack of 158,400 Bitcoin, spurred by optimism over the potential approval of spot Bitcoin exchange-traded funds.The Michael Saylor-founded firm added 6,067 Bitcoin (BTC) since the third quart ...

FASB rules ‘eliminate the poor optics’ that shied firms from crypto: Analyst

The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital.On Sept. 6, the U.S. Financial Accounting Standards Board (FASB) approved ne ...

Analyzing Bitcoin’s Correlation with Various Asset Types

The financial media often points out Bitcoin’s (BTC) correlation to Big Tech. “Bitcoin is trading like a tech stock” is a common narrative alongside BTC’s often acute inverse relationship with the United States dollar. But are these correlations set in stone, and can they help predict future pric ...

Bitcoin centralized by corporate giants should not be feared – Michael Saylor

During a recent podcast interview, MicroStrategy’s Michael Saylor expressed the opinion that large corporations purchasing and then proceeding to centralize Bitcoin (BTC) should not be a cause for concern.While speaking to Natalie Brunell on the Coin Stories podcast, released on Aug. 7, Sa ...

Crypto Biz: Worldcoin plans to open source data, MicroStrategy preps for BTC halving, and more

The launch of the controversial digital ID crypto project, Worldcoin, has stirred up a wave of attention and debate. Led by Sam Altman, the CEO of OpenAI, Worldcoin made headlines with its promise to introduce a futuristic digital identity system based on iris scanning, differentiating humans fro ...

MicroStrategy to stay on Bitcoin course even if spot ETFs approved: Saylor

MicroStrategy co-founder Michael Saylor believes his firm will remain an enticing way for investors to gain exposure to Bitcoin (BTC) regardless of any future exchange-traded fund approvals.He has also confirmed his firm's intention to continue adding more Bitcoin to its balance sheet, inc ...

Saylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin

United States-based software development company MicroStrategy is planning to raise up to $750 million via a stock sale and says it may use the proceeds to buy more Bitcoin (BTC). In a filing to the Securities and Exchange Commission on Aug. 1, MicroStrategy announced it has entered i ...

MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin

Business intelligence firm MicroStrategy — one of the largest corporate holders of Bitcoin (BTC) in the United States — managed to return to profitability in the second quarter amid a surge in the price of Bitcoin.In a Q2 earnings results filing posted on Aug. 1, MicroStrategy ...

Crypto community reacts to Barbie star saying Bitcoin talk exudes Ken energy

Australian actress Margot Robbie, who is playing the lead in the new Barbie movie, has caused quite a stir within the crypto community after stating that simply talking about Bitcoin (BTC) gives off Ken vibes.In the last 24 hours, the crypto community on Twitter, including Microstrategy's ...

Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg Capital

The upcoming Bitcoin (BTC) halving is set to blow fresh wind in the sails of Bitcoin-focused stocks such as Michael Saylor founded tech firm MicroStrategy.In a research note shared with Cointelegraph, New York-based investment firm Berenberg Capital Markets explained its reasons for a bul ...

Crypto Biz: Binance’s chaotic June, miners gear up for halving, Bitfinex’s Latam expansion

June was a tough month for Binance, as it faced stress tests worldwide after the United States Securities and Exchange Commission (SEC) filed a lawsuit against the crypto exchange and its leadership.In a nutshell, over the past 30 days, the Belgian financial regulator ordered Binance to ce ...

Bitcoin price clings to $30K as Fed’s Powell stresses more rate hikes

Bitcoin (BTC) staged another retest of $30,000 support on June 28 as the United States Federal Reserve stayed hawkish on inflation.BTC/USD 1-hour chart. Source: TradingViewPowell on rate hikes: “More restriction coming”Data from Cointelegraph Markets Pro and TradingView ...

MicroStrategy buys $347M worth of Bitcoin amid market thaw

On June 28, software analytics firm MicroStrategy announced the corporate purchase of 12,333 Bitcoin (BTC), worth $347 million at the time of publication. After the transaction, the total balance of BTC owned by MicroStrategy increased to 152,333 ($4.52 billion), with an average purchase price of ...

Crypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor

Enforcement actions on cryptocurrency firms by regulators in the United States could result in a Bitcoin (BTC)-focused industry that will push its price over $250,000, according to MicroStrategy co-founder Michael Saylor.In a June 13 Bloomberg interview, the Bitcoin bull explained recent e ...

Binance CEO Supports US Presidential Candidate Opposing Cryptocurrency Prohibition

The CEO of Binance has expressed support for the possible Republican presidential candidate of the U.S. for his intention to oppose any form of cryptocurrency prohibition. Speaking at an open internet event on Twitter Ask Me Anything on Wednesday, May 31, CEO of major cry ...

Twitter Poll Highlights Support for Cryptocurrencies among U.S. Presidential Candidates

A Twitter poll initiated by the head of MicroStrategy has gone viral on the subject of whether U.S. presidential candidates should support people's right to use cryptocurrencies. As the 2024 presidential election draws near, the debate is also going viral among crypto-enthu ...

MicroStrategy Chairman Michael Saylor Advocates Bitcoin as a Solution to Cybersecurity Threats and Fake Social Media Accounts

MicroStrategy Chairman Michael Saylor believes that the Bitcoin network can be an effective tool for preventing cybersecurity threats, namely the fight against fake social media accounts. In a recent interview with Kitco News, Michael Saylor touched on cybersecurity and the ...

Major Banks Expected to Offer Bitcoin Storage Services, Says MicroStrategy Co-founder

Co-founder and head of MicroStrategy suggested that sooner or later major banking institutions will offer bitcoin storage services. Michael Saylor opined in an interview: when bitcoin is used at scale by corporations, governments, nonprofits, and individual users, all ban ...

MicroStrategy Urges Fair Value Accounting for Crypto Assets on Balance Sheets

MicroStrategy announced that a proposal from the U.S. Financial Accounting Council (FASB) would allow cryptocurrency firms to record crypto assets held on their balance sheets at fair value.</div MicroStrategy officials believe U.S. accounting principles (GAAP) require a ...

Bitcoin 2023 Conference Attendance Dips Amid Bear Market and High Ticket Prices

From 35,000 to 15,000 guests Some of the shows on the first day were barely a quarter full Low attendance was attributed to a "bear" and high ticket prices The cheapest ticket cost $999 Miami hosts perhaps the most important event of the c ...

MicroStrategy Explores Bitcoin Ordinals for Innovation Opportunities

MicroStrategy co-founder and CEO Michael Saylor said the company is exploring Bitcoin Ordinals project opportunities for innovation. The Ordinals protocol was launched on the Bitcoin network in January, followed by a wave of experiments with the first blockchain. The p ...

Michael Saylor: Bitcoin Ownership Vital for Global Population, a Solution to Financial Problems

MicroStrategy founder Michael Saylor said that bitcoin ownership has become a top priority and vital necessity for the entire world population. In a recent interview, Michael Saylor called bitcoin a solution to growing financial problems and a tool to give hope to eight bil ...

Bitcoin Ownership: A Vital Necessity for the Entire World Population, Says MicroStrategy Founder

MicroStrategy founder Michael Saylor said that bitcoin ownership has become a top priority and vital necessity for the entire world population. In a recent interview, Michael Saylor called bitcoin a solution to growing financial problems and a tool to give hope to eight bil ...

MicroStrategy Launches Lighting Rewards Platform to Reward Customers with Bitcoin

It will be powered by the Bitcoin Lightning Network Users will be able to reward customers with BTC MicroStrategy is launching a platform where corporations can reward customers, employees, event attendees, or anyone else with BTC.. The cost is pre-determined in ...

MicroStrategy Reports Q1 Growth in Key Financial Indicators and Reduced Losses from Digital Asset Depreciation

Loss from the depreciation of digital assets dropped to $18 million The company has also significantly cut operating expenses The organization's BTC portfolio has a market value of just over $3.9 billion On May 1 yesterday, one of the largest BTC hold ...

World Economic Forum Recognizes Bitcoin Mining’s Environmental Benefits

The World Economic Forum (WEF) has acknowledged the positive impact of bitcoin mining on both the economy and the environment. According to their recent video publication, bitcoin mining has the potential to reduce greenhouse gas emissions significantly. The WEF advocates for the shift of mine ...

MicroStrategy Founder Defends Bitcoin Miners, Rejecting Environmental Pollution Claims

MicroStrategy's founder, Michael Saylor, has recently defended bitcoin miners, stating that their activities are not harmful to the environment, but instead, reduce energy bills for citizens. This comes after Senator Elizabeth Warren criticized miners for increasing energy bills for millions of A ...

MicroStrategy Buys More Bitcoins, Expands Crypto Holdings

MicroStrategy, a software development company, has made another significant investment in bitcoins, according to a recent tweet by the company's founder, Michael Saylor. In the tweet, Saylor announced that MicroStrategy had acquired 1,045 bitcoins for approximately $29.3 million, at an average pr ...

MicroStrategy Pays Off Loan, Buys $150 Million Worth of Bitcoin

MicroStrategy, a software company, recently made a significant move in the cryptocurrency market. The company paid off a loan from Silvergate bank ahead of schedule and also invested $150 million in bitcoins. Despite reports of Silvergate's bankruptcy, MicroStrategy clarified that it had only one ...