Michael Saylor – the man behind software giant MicroStrategy and a major crypto bull – has paid off a $200 million+ loan obtained from the now failed crypto bank Silvergate and has purchased even more bitcoin units, thus bringing the company’s total BTC holdings to nearly $4 billion. Michael Saylor...
Blog
Can Bitcoin Assist in the Tokenization of Additional Assets?
Assets like bitcoin and Ethereum have soared in recent weeks, and the sudden bull run is causing many big financial players – such as Fidelity and BlackRock – to increase their stakes in the crypto space and try to do more with digital tokens. Bitcoin Could Give Rise to Further...
Zero Sync Wants to Ensure the Whole BTC Blockchain Is Verifiable
Three computer scientists in Germany have established a new crypto-based, non-profit company in Switzerland called Zero Sync Association. The goal is to help scale bitcoin using what are known as zero-knowledge proofs (ZK-proofs), which have already been hard at work through networks like ETH. Zero Sync Wants to Ensure Everything...
Bitcoin Cash Analysis: Key Breakout Resistance Sits At $120
Bitcoin cash is attempting a recovery wave above the $115 resistance against the US Dollar. The price is now trading near the $118 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $120 on the 4-hour chart of the...
CFTC Sues Binance Alleging Financial Violations
The U.S. Commodity Futures Trading Commission (CFTC) is suing Binance and its founder Changpeng Zhao after the crypto exchange allegedly violated the Commodity Exchange Act and other regulations. The CFTC Is Going After Binance The agency claims Binance has had no regard for current financial laws and has been violating...
Kristi Noem Crypto Regulation Veto Remains in Place
Not long ago, South Dakota Governor Kristi Noem vetoed a bill that would have paved the way for crypto regulation in her state. It was recently announced that the House of South Dakota has failed to override the veto, and thus digital currency legislation will not be making its way...
FTX’s Sam Bankman-Fried Faces New Bribery Charges
Sam Bankman-Fried – the former crypto executive behind popular digital currency trading platform FTX – has been charged with violating the Foreign Corrupt Practices Act by allegedly attempting to bribe officials from China. Sam Bankman-Fried Is Facing New Charges Prosecutors claim that Sam Bankman-Fried attempted to send money to Chinese...
EOS Price Analysis: Signs of Recovery Above $1.05
EOS price is trading in a bearish zone above the $0.98 support against the US Dollar. The price is now trading below $1.05 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $1.015 on the 4-hour chart of...
Litecoin (LTC) Price Analysis: Indicators Point Fresh Increase To $100
Litecoin settled below the $90 resistance zone against the US Dollar. LTC price is now trading below $90 and the 55 simple moving average (4 hours). There is a major contracting triangle forming with resistance near $89.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The...
Analysts: Bitcoin Will Continue to Benefit from the Banking Crisis
Now that 2023 has arrived, bitcoin has found fresh ground following the ongoing banking crisis that has led to the closure of institutions like Silvergate, Silicon Valley Bank, and Signature. Bitcoin Could Do Even Better Many analysts and crypto industry heads believe this banking crisis is going to continue now...