United States based business intelligence firm, MicroStrategy, has announced the purchase of 3,907 bitcoins for approximately $177.0 million in cash, at an average price of approximately $45,294 per bitcoin, inclusive of fees and expenses.
Premier digital currency Bitcoin (BTC) is seeing a mild resistance at the $50,000, after the coin hit a 90-day high of $50,482.08 a day ago.
Pfizer becomes the first drugmaker to receive full-fledged approval from the US FDA. The approval will help people to gain confidence and especially businesses to drive growth ahead.
Rumors in the market are that Binance is now looking for fresh investment and government funds. The recent appointment of the new CEO of Binance Singapore furthers the sentiment.
Bitcoin price is growing along with the soaring BTC futures volume. Traders are becoming ‘modestly bearish’ on futures, according to the monitoring resource Material Indicators.
The crypto market rally continues further with Bitcoin and altcoins making new advances. Watch out the crucial levels for the next price trend.
The mixed data on economic recovery is putting investors at the edge. US Stock Indices traded mostly flat after two consecutive days of correction.
Amazon hopes that expanding its presence with physical department stores, it can pull in more shoppers and take a larger market share.
The new index will keep a check on nine DeFi tokens for starters, and work as the basis for Galaxy’s passively managed fund.
The price of Bitcoin, the world’s largest digital currency by market capitalization is trading at a loss at the moment as driven by conflicting fundamentals in the cryptocurrency ecosystem.
American multinational technology company with a specialty in designing computer systems, NVIDIA has released its financial results for the second quarter, recording a 68% surge in revenue from the year-ago period.
The Fed minutes of meeting for July suggest that the central bank will cut down on its pace of bond purchases before the year-end. this could possibly mean a liquidity shock for the market.
Robinhood admitted that Dogecoin remains the most traded cryptocurrency on the platform. The crypto trading app is also willing to add a crypto wallet feature in the future.
The US Stock indices headed to the south on Tuesday on declining retail sales data for the month of July 2021.
Such an interest resulted from the COVID-19 pandemic. Before, there was attention from institutional investors, but nobody considered serious investments in cryptos. However, as high-profile investors began to talk about Bitcoin as a hedge against inflation, the fire started.