In August and September, MicroStrategy made headlines when it deployed $425 million into Bitcoin over the span of tens of thousands of buying orders. In total, the business services company acquired more than 38,250 bitcoin, for an overall cost basis of $11,111 per coin.
This investment represented a
Over the past few days, multiple users on Twitter have noted a decline in the Bitcoin user experience. Transaction fees have increased from an average of $1-3 toward $7 and beyond.
This is the result of a drop in the Bitcoin network hash rate. The hash rate is the metric
MicroStrategy can't get enough of Bitcoin. After accumulating 38,250 bitcoin between August and September, the firm wants more.
“You should expect that we will purchase additional bitcoin as we generate cash beyond what we need to run the business on a day to day basis,” MicroStrategy President
MicroStrategy can't get enough of Bitcoin. After accumulating 38,250 bitcoin between August and September, the firm wants more.
“You should expect that we will purchase additional bitcoin as we generate cash beyond what we need to run the business on a day to day basis,” MicroStrategy President
In August and September, MicroStrategy made headlines when it deployed $425 million into Bitcoin over the span of tens of thousands of buying orders. In total, the business services company acquired more than 38,250 bitcoin, for an overall cost basis of $11,111 per coin.
This investment represented a
Over the past few days, multiple users on Twitter have noted a decline in the Bitcoin user experience. Transaction fees have increased from an average of $1-3 toward $7 and beyond.
This is the result of a drop in the Bitcoin network hash rate. The hash rate is the metric
Bitcoin surged higher on Tuesday despite weakness in the S&P 500 and other global stock markets. The price of the leading cryptocurrency shot to $13,750, the highest Bitcoin has traded in over a year. Per the BTC Times data, Bitcoin is up 5% in the past 24
On Thursday, Bitcoin users discovered a webpage including information on a digital exchange soft-launched by DBS Bank, the largest commercial bank in Singapore, on its website. But shortly after the cryptocurrency industry cheered the announcement, it was abruptly taken down.
The initial announcement, which has since been taken offline, said
If Bitcoin sits above $13,873 at the end of October, it will print its highest monthly candle close in history.
On a monthly candle chart, each candle represents one month of trading activity. Hence, a monthly chart typically covers years of trading activity on a single log chart, depicting
Silvergate Bank, an American financial institution that was one of the first to support cryptocurrency-focused clients, reported a record quarter on Monday.
In its earnings report pertaining to Q3 2020, Silvergate revealed that it added $586 million worth of deposits from cryptocurrency companies over this past quarter, making it the
On the morning of October 16th, digital asset exchange OKEx suddenly froze withdrawals from the platform.
The exchange announced at the time that one of its "private key holders" was currently "cooperating with a public security bureau" due to ongoing investigations. Due to said investigations, which
