MicroStrategy (MSTR) Shares Soar 246%, Michael Saylor Credits Bitcoin’s Rise
Saylor sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Saylor sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products.
CME’s rise to the top suggests increasing institutional interest as the platform is a favorite among large traditional financial institutions.
To make the sales go smoothly, The Sandbox has created a watchlist system that will allow community members and interested participants to secure their desired LAND.
Bitcoin traders have engaged in a tough battle as BTC price shoots to $37,000. The Bitcoin futures open interest has shot to a seven-month high.
By deploying the LINK staking v0.2, Chainlink shows its commitment to blockchain initiatives that drive user engagement.
With strong confidence that its Bitcoin spot ETF will be approved by January 2024, BlackRock has filed an application for a spot ETH ETF.
The approved plan allows Celsius to distribute approximately $2 billion worth of Bitcoin (BTC) and Ethereum (ETH) and some shares of the new company to users who were unable to withdraw their funds
ETH price surge is not only attributed to BlackRock’s move but is also complemented by a resurgence in Ethereum network activity.
The new company will have a greater mining capacity than Hut 8. It will also have a more diverse revenue stream than its constituents.
The stock market’s decline coincided with a significant increase in bond yields. However, market experts remain cautiously optimistic about the overall trajectory.
While Bitcoin price teased $38k for the first time this year, Ethereum price spiked over 10 percent to trade above $2,120.
Despite strong opposition from crypto industry players, the European Parliament introduces the Data Act that can severely impact the smart contract platforms.
COIN shares immediately saw a surge in trading activity leading to a 5.14% increase in their stock price.
Deutsche Börse intends to further use cloud computing to accelerate the development of its digital post-trading platform D7 and a crypto trading platform to ensure sustainable future growth prospects.
Fed Chair Jerome Powell said that if is required, they won’t hesitate to rise interest rates further in order to bring the inflation to its desired target of 2%.