MicroStrategy’s Bitcoin investment has reached a significant milestone, with the company’s holdings now valued at more than $10 billion as the price of BTC rises above $52,000. This achievement highlights MicroStrategy’s strong commitment to Bitcoin as a long-term store of value and inflation hedge.Recent Features: MicroStrategy #Bitcoin Its holdings are now worth over $10 billion 🤯 pic.twitter.com/JhbGYtAmAI— Bitcoin Magazine (@BitcoinMagazine) February 15, 2024 MicroStrategy has continued to increase its holdings since first entering Bitcoin in August 2020 and sees Bitcoin as a key component of its financial strategy. The company’s chairman, Michael Saylor, has been a vocal defender of Bitcoin,…
Author: Crypto Flexs
Read More
Blockchain analytics firm Chainalytic found that cryptocurrency trading volume linked to money laundering activities will decline by nearly $10 billion in 2023. Compared to the total cryptocurrency laundered volume of $31.5 billion in 2022, last year’s $22.2 billion is a 29.5% decrease. The company also found that the value of all cryptocurrencies raised due to ransomware attacks has nearly doubled since last year. The total value received by ransomware operators in 2023 was $1.1 billion, a new record. However, the report concluded that the surge in activity was the result of major geopolitical events and did not represent an ongoing…
Several companies have amassed a whopping $13.7 billion in Bitcoin (BTC). This marks an important milestone in the cryptocurrency market. The large accumulation reflects growing confidence in Bitcoin as a viable investment. This also reflects the recent price surge and increased attractiveness among institutional investors. ETF Issuer Purchases $13.7 Billion in BTC Bitcoin exchange-traded funds (ETFs) are attracting attention. These financial instruments experienced strong capital inflows exceeding $2.2 billion between February 12 and February 16. This surge in investment has put the Bitcoin ETF ahead of 3,400 ETFs in the United States. Bloomberg analyst Eric Balchunas emphasized that these inflows…
Posted 1 minute ago In ~ Cryptocurrency exchange FixedFloat appears to have been exploited for $26.1 million in Bitcoin and Ethereum, according to on-chain data. Due to unexpected fund movements, the exchange went into maintenance mode and remains down.to bitcoin BTC +0.75% Via blockchain, the exchange confirmed the suspicious movement of 409 Bitcoin ($21.17 million). this address. more Ethereum ETH +1.34% There was a similar movement of 1,728 ether ($4.85 million). This address.In the exchange said”We are experiencing some minor technical issues and have placed our service in maintenance mode.”The exchange did not confirm the scale of the attack, and…
Robert Kiyosaki compared the fate of the American Empire to that of the Roman Empire, predicted its fall, and advised investing in Bitcoin, gold, and silver as a safety measure. Conversely, economist Peter Schiff described the recent Bitcoin price surge as a “pump-and-dump” scheme. Grayscale study on Bitcoin halving scheduled for 2024 (…)
French artist Bernar Venet collaborates with Sotheby’s Metaverse on “EVENT,” the first generative art piece on the Ethereum blockchain, challenging traditional art creation with 500 unique pieces. French artist Bernar Venet, known for integrating the opportunities of mathematics, geometry, and art, has revealed his latest venture into the realm of digital creativity with “EVENT,” the first piece of generative art hosted on the Ethereum blockchain via Sotheby’s Metaverse. This collaboration marks a significant milestone in Venet’s illustrious career of challenging and redefining artistic boundaries for over 50 years. “EVENT” marks the second release in Sotheby’s Gen Art program and showcases…
Cryptocurrencies have revolutionized the way we think about money and transactions. With the advent of Bitcoin, the world realized the potential of digital currency and the blockchain technology that underpins it. As the cryptocurrency market continues to evolve, new players are emerging, and VirtualMining Coin is one of the innovations creating buzz in the industry. What are VirtualMining Coins? VirtualMining Coin is a new cryptocurrency that disrupts the traditional mining process. Unlike traditional cryptocurrencies that rely on energy-intensive mining operations, VirtualMining Coin utilizes virtual mining technology to create a more sustainable and efficient mining ecosystem. This technology allows users to…
Introduction to ecosystem support program Initially, most Ethereum-related development and research took place within the Ethereum Foundation. Today, the Ethereum ecosystem has grown from a small garden into a vast, vibrant rainforest. In the process, the Ethereum Foundation’s role within the ecosystem has changed in much the same way. However, supporting Ethereum as best we can remains our top priority. at DEV grantsto Grants focused on scalability), to universal support, subsidies have long been a big part of how we support Ethereum. Increasing the impact of your grant program has multiple benefits. So this is one of our top priorities.…
Coinbase reported a surge in revenue in the fourth quarter of the previous year, i.e. 2023. Sales soared to $954 million and trading volume peaked at $154 billion. This includes $125 billion in institutional size. The surge occurred amid a market rebound. Much of that is due to intense speculation about a Bitcoin ETF application being approved. Trading revenue was $529 million, up 83% from the previous quarter. The increase in sales reflects a positive recovery of 41% quarter over quarter. Net income put Coinbase on a strong footing, making last quarter the first positive result in a series. The…
Arbitrum DAO is discussing grants to support Web3 games, with grants ranging from $100,000 to more than $1.5 million for the development phase. The goal of this effort is to capitalize on the growing $272 billion gaming industry, strengthen Arbitrum’s gaming ecosystem, and become competitive in the Web3 space. Web3 game contributors, including XAI, TreasureDAO, and Helika, approached Arbitrum DAO to discuss potential grant allocation aimed at supporting Web3 game development. The discussion proposed structured grant allocations across different stages of game development, including recommendations of $100,000 to $1.5 million for early game development, $250,000 to $500,000 for alpha to…