MicroStrategy, a prominent business intelligence software company co-founded by Michael Saylor, has been making headlines due to its soaring stock price in recent weeks and months. The company, which is also the largest corporate holder of Bitcoin, has outperformed major US stock market indexes by a significant margin. Since the beginning of the year, MicroStrategy’s
Bitcoin
In the ever-evolving world of cryptocurrency trading, traders are constantly on the lookout for the next big opportunity to make quick profits. With Bitcoin consolidating just below recent highs and other major coins taking a breather from rallying, the focus has shifted towards the volatile and high-risk world of shitcoins. These lesser-known coins, often created
Hungary is making strides in the world of cryptocurrency by proposing a new legislative framework that would allow banks, investment funds, and asset managers to offer services in Bitcoin and other digital currencies. This initiative, set to come into effect on June 30 if approved, signifies a significant advancement in the country’s financial sector. The
Artificial Intelligence (AI) has been a booming sector in the cryptocurrency market in 2024, with AI-related coins experiencing significant growth and surges in value. The combined returns of AI coins have increased by 76% since the beginning of the year, showing a promising trend for investors. This surge in AI coins can be attributed to
The recent revelation that the availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks has sharply decreased has sent shockwaves through the market. Reports indicate that at one point, only about 40 BTC were available for sale, signaling a significant shift in BTC trading dynamics. Caitlin Long, the CEO and founder of Custodia Bank, shed light
Cardano (ADA) has recently experienced a significant price breakout, reaching $0.710 for the first time since May 2022. This marks a pivotal moment for ADA, as it emerges from a prolonged consolidation phase that has been ongoing since the latter part of 2023 and the initial month of 2024. With this surge in price, ADA
Justin Sun, the co-founder of Tron, a smart contracting platform for deploying decentralized applications (dapps), has been making significant moves in the crypto market. According to Lookonchain data on February 29, Sun transferred 100 million USDT to Binance after moving substantial sums earlier in the week. This strategic maneuver indicates Sun’s active participation in the
Bitcoin, the pioneering cryptocurrency that laid the foundation for the entire blockchain industry, has long been hailed as a digital gold and a store of value. However, it has faced criticism for its limitations in terms of scalability and functionality compared to other blockchains like Ethereum. With its network capable of processing only seven transactions
The Chief Executive Officer (CEO) of Bitwise, Hunter Horsley, has recently made a bold prediction regarding the future of Bitcoin. Horsley is highly optimistic about the cryptocurrency’s bullish outlook, foreseeing a significant rise to $250,000 in the near future. This prediction has sparked excitement among cryptocurrency enthusiasts, as Bitcoin continues to dominate the market with
The recent rally in Bitcoin has been remarkable, with the price surpassing $61,000 for the first time since November 2021. This surge has not only attracted the attention of traditional investors but has also fueled the altcoin markets. As Bitcoin continues to climb, altcoins like Solana (SOL), Cardano (ADA), and XRP (XRP) have also seen