Microstrategy lost $146M to Bitcoin impairment charges in Q4 2021
MicroStrategy currently holds a total of 125,051 BTC acquired for $3.78 billion at an average price of $30,200 per Bitcoin. Go to Source Powered by WPeMatico
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Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has been to buy and hold, so to the extent we have excess cash flows or we find other ways to raise money, we continue … Read more
SEC’s proposed rule on exchanges could threaten DeFi, says Crypto Mom
“The proposal includes very expansive language, which, together with the chair’s apparent interest in regulating all things crypto, suggests that it could be used to regulate crypto platforms,” said Hester Peirce. Go to Source Powered by WPeMatico
MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M
MicroStrategy bought significantly less BTC in January than in previous months, according to official data. Go to Source Powered by WPeMatico
SEC approves BSTX for blockchain settlements on traditional markets
BSTX’s SEC approval does not involve crypto trading or any other form of use of blockchain technology. Go to Source Powered by WPeMatico
Bears target new lows for Ethereum as Friday’s $1.1B options expiry approaches
ETH bulls will need to keep searching for positive news, especially as bears apply extra pressure ahead of Friday’s $1.1 billion monthly options expiry. Go to Source Powered by WPeMatico
Crypto Biz: Ripple takes the high road, Jan. 20-26
Ripple’s ongoing battle with the SEC isn’t stopping the blockchain payments company from carving out a stronger position in the market. Go to Source Powered by WPeMatico
Derivatives data suggests that Bitcoin’s $39K bounce was a mere blip
BTC price briefly flashed bullish, but derivatives data show bear are in control of January’s $2.3 billion monthly options expiry. Go to Source Powered by WPeMatico
SEC rejects application for Fidelity’s Wise Origin Bitcoin Trust spot ETF
The regulatory body said any rule change in favor of approving the ETF would not be aimed at preventing “fraudulent and manipulative acts and practices” nor would it necessarily “protect investors and the public interest.” Go to Source Powered by WPeMatico
SEC reportedly probing crypto lending products by Gemini and Celsius
The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services which are often considerably higher than most saving banks. Go to Source Powered by WPeMatico
