Michael Saylor’s digital software giant purchased 16,130 BTC, bringing the company’s total Bitcoin holdings to over $6 billion at current prices. MicroStrategy, one of the largest corporate holders of Bitcoin (BTC), has purchased more of the cryptocurrency’s main token by market capitalization, according to founder Michael Saylor and a Nov. 29 filing with the Securities and Exchange Commission (SEC). Saylor’s company purchased an additional 16,130 BTC at an average price of $36,785 per Bitcoin. This scoop brings MicroStrategy’s total Bitcoin portfolio to approximately 174,530 coins acquired at an average price of $30,252. As crypto.news reported, MicroStrategy has spent $5.3 million…
Author: Crypto Flexs
Read More
The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to actually send Bitcoin transactions. Bitcoin is considered to be the most secure blockchain in the world, but that security depends on miners who receive their revenue from transaction fees and block rewards. As part of the predetermined supply schedule, the block rewards are expected to be halved around April 2024 which would further drastically cut the miner revenue. To support the miners, Bitcoin needed something new to spur growth, and…
Notably, in September, BTC recorded a 4% price increase, marking the first September price increase since 2016. This welcome development brought relief to digital asset market capitalizations following two consecutive negative months in July and August.Bitcoin is leading this upward trajectory, as evidenced by the Bitcoin Dominance Index, which measures the relationship between Bitcoin’s market capitalization and the overall digital asset market capitalization. Bitcoin dominance rose to 50.4% from 49.9% at the end of last week, demonstrating its relative strength compared to the broader digital asset market. Despite encouraging price action, trading volume was noticeably down. Daily trading volumes on…
Alchemy Pay integrates Euro Instant solutions, SEPA Instant and Faster Payments. SEPA Instant allows European users to purchase up to €5,000 worth of cryptocurrency. Faster Payments in the UK allows transfers of up to 5,000 British pounds. Cryptocurrency payments platform Alchemy Pay has strengthened its payments infrastructure, introducing new deposit options across Europe and the UK. The platform integrates the Euro Instant solution, Single Euro Payments Area (SEPA) Instant and Faster Payments in the UK to simplify cryptocurrency trading for users in 30 European countries and the UK with fast processing times and defined transaction limits. Improved accessibility and transaction…
Pudgy Penguins launched in July 2021 but quickly saw drama after its former founder came under suspicion. rug project. A few months later Luca Schnetzler intervened. He has had a history of building internet businesses through his continued entrepreneurial spirit since his early teens, purchasing the project and the intellectual property of 8,888 cute little Pudgys for $2.5 million in April 2022. “It was an instinctive and intuitive decision. I made a huge investment before buying it and saw what I thought had full potential. I was complaining and crying to the founders every day about how crappy they were…
Technology company MicroStrategy bought more Bitcoin, increasing its holdings to 174,530 BTC. As of Thursday morning, Bitcoin reserves stood at approximately $6.6 billion.In a tweet Thursday, MicroStrategy founder and chairman Michael Saylor said his company, which provides software solutions to businesses looking to analyze data, purchased an additional 16,130 BTC this week at a price of $593.3 million.According to Saylor’s announcement, the Tyson, Virginia-based company has now spent a total of $5.28 billion on cryptocurrencies.It is by far the largest corporate holder of digital assets.MicroStrategy first purchased Bitcoin in August 2020 during the COVID-19 pandemic. A bull run soon followed.Saylor,…
Decentralized cForm aims to eliminate problems associated with spam accounts on platforms such as Google Forms. CoinList, a popular platform for cryptocurrency innovators, is enhancing its community-building strategy with the introduction of cForm. This new tool allows builders to quickly set up on-chain whitelists, sign-up forms, or surveys to streamline the process of attracting and verifying community members. cForm allows builders to create crypto-native forms to verify on-chain wallets, social media accounts, and gather valuable information without extensive engineering effort. This tool ensures response quality by validating input, preventing bot-based input, and improving the overall reliability of your data. Key…
Posted 1 minute ago In ~ A team specializing in building structured products for volatile cryptocurrency markets has launched a new profit strategy that allows traders to earn additional profits from stakers. Cega on Thursday announced the launch of its Dual Current product, offering 22% APY to staked ETH (stETH) and ETH holders. This product offers enhanced returns through options trading. Staking Ethereum currently offers a yield of around 3%. As value-locked staking with Lido reaches new highs, a new strategy is coming to market. However, this is also a quieter time for Ethereum compared to the broader market. ‘Innovative…
In 2021 online payment fraud It grew 14% from $17.5 billion to more than $20 billion. At the same time, 46% of organizations Investigated by PwC Reported experiencing fraud, corruption or economic crime in the past 24 months, 70% of which occurred through external attacks or collusion. There are hundreds of different statistics that all make the same point. In other words, the Internet can be a dangerous place where money is traded. With the rise of remote work, new digital security concerns, and corporate information policies, your data appears to be more exposed than ever. Cybercrime has skyrocketed over…
Cryptocurrency mining platform AntPool announced in an update on November 30 that it would refund transaction fees of 83 Bitcoin (BTC). The risk management system said it had temporarily frozen fees when packaging transactions and would therefore refund affected users their fees once their identities were verified. Affected users must prepare their signature tool (Electrum or Bitcoin Core) by 00:00 (UTC+8) on December 10 and submit their details to AntPool using the private key of the wallet address provided by AntPool. Send a message with the code “AntPool”.On November 23, one Bitcoin user on the platform was charged a transaction…