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MicroStrategy’s ($MSTR) $4 Billion Bitcoin Bet Inches Towards Profitability

Aditya Anand·March 31, 2023

MicroStrategy’s ($MSTR) $4 Billion Bitcoin Bet Inches Towards Profitability 10

MicroStrategy's $4 billion Bitcoin bet is inching towards profitability thanks to BTC's recent rally. Under Michael Saylor, the firm has acquired over 138,900 BTC for an average price of $29,817.

US Government Dumped 9,800 Bitcoin From Silk Road Saga, Plans To Sell 41K BTC In 2023

Naga Avan-Nomayo·March 31, 2023

U.S. authorities plan to offload 41K Bitcoin in 2023 after selling 9,800 BTC for $216 million on March 14.

MicroStrategy Splurges $150 Million On Bitcoin, Repays $205 Million Silvergate Loan At 22% Discount

Naga Avan-Nomayo·March 27, 2023

Summary: MicroStrategy bolstered its Bitcoin bag with a 6,455 BTC purchase worth around 150 million at today’s prices. Former CEO Michael Saylor noted that the company also repaid its $205 million Bitcoin-collateralized loan at a 25%...

Bitcoin Mining In Texas Remains Undeterred Amid Concerns Over Power Consumption

Aditya Anand·March 23, 2023

Bitcoin Mining In Texas Remains Undeterred Amid Concerns Over Power Consumption 11

The bitcoin mining industry in Texas remains undeterred amid growing concerns over the industry's rising power consumption. Power consumed by bitcoin miners went up 75% last year.

BitMEX Founder Arthur Hayes Believes Bitcoin Can Cross $1 Million Mark

Aditya Anand·March 22, 2023

BitMEX Founder Arthur Hayes Believes Bitcoin Can Cross $1 Million Mark 12

Popular crypto veteran Arthur Hayes believes that Bitcoin can cross the $1 million mark, thanks to the U.S. Federal Reserve's new Bank Term Funding Program.

Marathon Digital Lost $687 Million In 2022, Q4 Revenue down 58%

Aditya Anand·March 17, 2023

Marathon Digital Lost $687 Million In 2022, Q4 Revenue down 58% 13

Marathon Digital lost $687 million in 2022. The bitcoin miner's Q4 revenue fell by 58% to $28.4 million. The firm blamed falling digital asset prices for the massive loss.

Crypto Mixer ChipMixer Washed Out By National Authorities, $46 Million In Bitcoin Confiscated: Europol

Naga Avan-Nomayo·March 15, 2023

U.S and European authorities shut down suspected crypto laundromat ChipMixer and seized $46 million worth of Bitcoin from the crypto mixer, Europol announced.

Mt. Gox Extends Deadlines, Again

Naga Avan-Nomayo·March 9, 2023

Creditors of Mt. Gox have to wait a few days extra to receive their repayments after another deadline extension.

Mt. Gox Trustee Reminds Creditors To Submit Repayment Claims By Mar. 10

Naga Avan-Nomayo·March 8, 2023

Mt. Gox creditors have until Friday, Mar. 10 to submit their claims and move closer toward recovering 90% of their assets from the hacked Bitcoin exchange.

Crypto Winter Forces LocalBitcoins To Shut Down Operations

Aditya Anand·February 9, 2023

Crypto Winter Forces LocalBitcoins To Shut Down Operations 14

LocalBitcoins is shutting down its platform this month due to the ongoing crypto winter. The peer-to-peer Bitcoin exchange has been serving customers for more than 10 years.

Grayscale Files ‘Final’ Briefs In ETF Lawsuit Against SEC

Naga Avan-Nomayo·February 7, 2023

Final briefs in Grayscale vs The SEC were filed last week as the $10 billion asset manager seeks to convert its discounted GBTC shares into a Bitcoin ETF.

Cathie Wood’s Ark Invest Says Bitcoin Could Exceed $1 Million By 2030

Aditya Anand·February 1, 2023

Cathie Wood’s Ark Invest Says Bitcoin Could Exceed $1 Million By 2030 15

Cathie Wood's Ark Invest has predicted that Bitcoin will be worth more than $1 million by 2030. The asset manager made the case for Bitcoin in its recent Big Ideas report.

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Ethereum’s Shapella Upgrade for Staked ETH withdrawals Coming April 12

zkSync Era Rolls Out To General Users In Alpha, Matter Labs Beats Polygon To First Zero Knowledge EVM

Arbitrum To Airdrop ARB Tokens On Mar. 23, Unveils New DAO And L3 Roadmap

MicroStrategy’s ($MSTR) $4 Billion Bitcoin Bet Inches Towards Profitability

US Government Dumped 9,800 Bitcoin From Silk Road Saga, Plans To Sell 41K BTC In 2023

MicroStrategy Splurges $150 Million On Bitcoin, Repays $205 Million Silvergate Loan At 22% Discount

Ethereum’s Shapella Upgrade for Staked ETH withdrawals Coming April 12

dYdX Up 12% Following The Announcement Of Cosmos Testnet

zkSync Era Rolls Out To General Users In Alpha, Matter Labs Beats Polygon To First Zero Knowledge EVM

Jump Crypto Backs Chiliz $50 Million Incubator For Early Stage Projects

Whale Liquidates 1010 NFTs In Largest NFT Dump Ever

Friendsies NFT Collection Rug Pulled After Raising $5 Million

MicroStrategy’s ($MSTR) $4 Billion Bitcoin Bet Inches Towards Profitability

US Government Dumped 9,800 Bitcoin From Silk Road Saga, Plans To Sell 41K BTC In 2023

Tron Founder Justin Sun Lost His Diplomatic Status In 2022

yPredict.ai Unveils Next-Gen Payment Gateway for Token Purchase – Developed in Record Time

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Bitcoin (BTC) News

MicroStrategy’s ($MSTR) $4 Billion Bitcoin Bet Inches Towards Profitability

US Government Dumped 9,800 Bitcoin From Silk Road Saga, Plans To Sell 41K BTC In 2023

MicroStrategy Splurges $150 Million On Bitcoin, Repays $205 Million Silvergate Loan At 22% Discount

Bitcoin Mining In Texas Remains Undeterred Amid Concerns Over Power Consumption

BitMEX Founder Arthur Hayes Believes Bitcoin Can Cross $1 Million Mark

Marathon Digital Lost $687 Million In 2022, Q4 Revenue down 58%

Crypto Mixer ChipMixer Washed Out By National Authorities, $46 Million In Bitcoin Confiscated: Europol

Mt. Gox Extends Deadlines, Again

Mt. Gox Trustee Reminds Creditors To Submit Repayment Claims By Mar. 10

Crypto Winter Forces LocalBitcoins To Shut Down Operations

Grayscale Files ‘Final’ Briefs In ETF Lawsuit Against SEC

Cathie Wood’s Ark Invest Says Bitcoin Could Exceed $1 Million By 2030

Ethereum World News