Michael Saylor Selling $216M Worth of MicroStrategy Stock to Buy Bitcoins
As per his share sale plan, Michael Saylor will be selling 5,000 MSTR stocks daily over the next four months to raise MicroStrategy’s Bitcoin holdings.
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As per his share sale plan, Michael Saylor will be selling 5,000 MSTR stocks daily over the next four months to raise MicroStrategy’s Bitcoin holdings.
The anticipation of this approval has contributed to the recent rally in Bitcoin prices, currently hovering around $45,000.
The acquisition of Solscan by Etherscan comes at a time when activities on the Solana ecosystem garnered interest from crypto traders due to the resurgence of meme tokens.
The Binance crypto exchange had a monthly trading volume dominance of about 40 percent, representing $432 billion, despite the regulatory hurdles.
The Mad Money host described the recent Bitcoin rally above $45K as a remarkable comeback that was unexpected.
The latest report also suggests that Jane Street Capital will be the “authorized participant” for the Bitcoin ETFs of Fidelity.
The latest amendment makes it the third time Grayscale has updated its Bitcoin spot ETF application following the SEC’s directive to submit revised documents by December 29, 2023.
The US SEC would still need time to review all the changes made to the Bitcoin ETF S-1 filings submitted last week, only after which it could make certain decisions.
China remains a pivotal market for electric vehicles, with BYD’s sales accounting for a sizable portion. Tesla, despite its global presence, relies on China for around one-fifth of its sales in the quarter ending September 30th.
The Orbit Chain developers said they have involved law enforcement agencies to help track the hackers and possibly freeze the stolen funds.
While crypto ended 2023 on a positive note, we look forward to the sector in 2024 and beyond, with the following predictions.
It was a controversial year for the crypto indutrsy. Let’s have a closer look at the major crypto-related events that too place in 2023.
On December 28, the company announced that its fleet of 3,750 Bitcoin ASIC miners, purchased last year, had already generated profits due to the surge in the coin’s price.
In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum.
A staggering 98% member of the PancakeSwap community voted in favour of reducing the CAKE supply by 300 million resulting into a strong surge in the CAKE price.