MicroStrategy buys another $150 million worth of Bitcoin

MicroStrategy founder Michael Saylor announced the company had repaid the $205 million loan at a 22% discount. The company also bought 6,455 bitcoins worth $150 million. Saylor’s company currently holds more than 138,900 bitcoins. MicroStrategy, the world’s largest corporate holder of Bitcoin, has revealed it recently purchased more BTC.  The business intelligence company, founded by […]

US Government Remains a Top Bitcoin Holder With Seized Stash Valued at $5.6 Billion

As of March 25, 2023, the U.S. government held 205,515 bitcoins worth $5.6 billion, which is approximately 1.06% of the circulating supply, according to current statistics. The cache of bitcoins is a result of three forfeitures that began in 2020. Glassnode’s on-chain data reveals that on March 9, about 9,860 bitcoins worth roughly $269 million […]

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major players. Stock Exchange Nasdaq Seeks Regulatory Approval […]

Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 to Start the Weekend

Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading. Market uncertainty was high this week, as traders digested the latest Federal Reserve interest rate hike, as well as the on-going global banking crisis. Ethereum remains below $1,800 as of writing. Bitcoin Bitcoin (BTC) started […]

In-Chat Tether Transfers Introduced in Telegram

Users of the Telegram messenger will now be able to send each other the leading stablecoin, tether (usdt), directly in the chats. The new option expands the list of cryptocurrencies available for purchase, sale, and trade in the messaging app. Tether Added to Wallet Bot in Telegram Messenger Support for transactions with the U.S. dollar-pegged […]