Microstrategy has tried to transform itself into a bitcoin occupy over the years by taking on debt to purchase a huge amount of Bitcoin holdings for the firm, CNBC reports.
Author: joyabia
joyabia
Joy Abia contributed to Blockchain Journal during 2022, covering topics related to finance, digital assets, and the intersection between traditional financial systems and emerging fintech models. Her reporting focused on explaining financial concepts, market structures, and investment-related developments within the broader crypto and blockchain landscape.
The long-awaited digital asset regulation bill originally proposed by Senator Cynthia Lummis has been drafted and will soon make its debut.
Cathie Wood of Ark Invest believes that the turmoil in the crypto market caused by the failure of the formerly trusted Terra UST stablecoin has given the regulators and the FED more ammunition to regulate the crypto space.
The Bank of Uganda has affirmed in their circular to the Blockchain Association of Uganda that they are willing to consider some crypto business models for testing.
After Johnny Depp won a defamation suit against ex-wife Amber Heard yesterday, the price of an NFT collection containing his artwork has risen.
The actions taken by different investors in Terra-related positions were reported by Jump Crypto showing that large investors exited positions and small investors continued to buy.
The crypto billionaire, Sam Bankman-Fried, has pledged to donate the majority of his fortune to charitable causes.
A product manager at OpenSea, the largest online marketplace for non-fungible tokens, was charged with insider trading by US prosecutors in Manhattan on Wednesday.
Russia’s central bank is open to permitting the use of cryptocurrency for foreign payments, signaling a possible softening of its stance on digital currencies.
With the new Timecapsule NFT Collection, Prada expands and expands its creative presence in the Web3 space.