As Michael Saylor steps down, President Phong Le will be taking over the mantle as the new CEO at MicroStrategy. Meanwhile, Saylor will be assuming the role of Executive Chairman to focus on Bitcoin strategy solely.
While Saylor’s role will now be in the background, MicroStrategy will now be led by Phong Le who has been named the new CEO.
Oxford City FC-branded Bolt Cards have also been made by CoinCorner in a limited quantity to commemorate the partnership and are available for purchase in the club store.
As part of the recent unlocking, users can transfer the three altcoins – SOL, ADA, and XRP – from its Z wallet to the Trade wallets.
With its offices in London, Blockchain.com presently possesses money transmitter licenses in the bulk of the states in the US and has persistently worked on receiving more registrations within the country.
The ECB noted that CBDCs provide a more credible alternative compared to unbacked digital assets.
With the Bitcoin price, there are conflicting arguments regarding the market direction. While some experts believe the crypto winter is thawing, others suggest caution.
The Bitget protection fund comprises 6000BTCs and 80 million USDTs.
With the US GDP shrinking and interest rates rising, the crypto market so far hasn’t given up to the macro uncertainty. August could be a month of volatility.
Michael Saylor has always favored Bitcoin ahead of other cryptos and MicroStrategy kept increasing its position even during the market pullback and mass sell-off.
The Fed decision to hike interest rates by 0.75% caused the price of Bitcoin to above $22K following a losing week.
The IMF believes that several unsavory macroeconomic parameters, not including Bitcoin price slump, might soon trigger a recession.
In its latest campaign, Chipotle seeks to distribute $200,000 worth of prizes in multiple cryptocurrencies such as Bitcoin, Ethereum, Solana, Avalanche, and Dogecoin.
Meanwhile, it appears shareholders are pleased with Tesla selling 75% of its Bitcoin holdings.
The mainstream digital currencies including Bitcoin, Ethereum (ETH), and Solana (SOL) amongst others will always be pitched as relieving assets that can partially serve as a hedge against inflation.