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MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Says the Software Firm Is Considering Equity or Debt Financing to Purchase More Bitcoins

MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class as they can.

Ripple Handed a Temporary Restraining Order Limiting XRP Sales until Investor Tetragon Has Sold Back Its Shares

Ripple Handed a Temporary Restraining Order Limiting XRP Sales until Investor Tetragon Has Sold Back Its Shares

After a court ruling, a temporary restraining order has been issued against Ripple limiting its XRP sales.

Bitcoin’s Present Bull Run Has Been Extraordinary Compared to the 2015-2017 Bull Cycle - Peter Brandt

Bitcoin’s Present Bull Run Has Been Extraordinary Compared to the 2015-2017 Bull Cycle - Peter Brandt

Veteran market analyst and trader Peter Brandt has analyzed Bitcoin's current bullish momentum and compared it to the 2015-2017 bull cycle.

Ripple and MoneyGram Partnership Ends amid SEC Lawsuit

Ripple and MoneyGram Partnership Ends amid SEC Lawsuit

Ripple and MoneyGram’s partnership through which they furthered remittance services using XRP and Ripple technology has officially ended.

Ethereum’s Supply on Exchanges Remained Low During the Crypto Rally—What this Indicator Means for ETH

Ethereum’s Supply on Exchanges Remained Low During the Crypto Rally—What this Indicator Means for ETH

ETH’s strong surge continued and rallied above $660, however, the cryptocurrency faced a slight correction and is now trading below $650.

May 12: No Hype Needed for BTC

May 12: No Hype Needed for BTC

BTC largely unchanged in the last 24 hours post the halving with hash rate dipping slightly. With the halving behind us now, you've 1,458 days to talk about the next for those suffering from hype withdrawal symptoms. What's more interesting than the halving yesterday was Paul Tudor Jones admitting that he has 1-2% of his assets in bitcoin and that it's a "great speculation".

Bitcoin Could Rally Towards $75,000 “Very Quickly,” says Equity Strategist

Bitcoin Could Rally Towards $75,000 “Very Quickly,” says Equity Strategist

Matt Maley, the equity strategist at leading institutional trading firm Miller Tabak + Co, believes Bitcoin could rally towards $75,000 “very quickly” based on some chart patterns.

April 16: When Memories Last A Lifetime

April 16: When Memories Last A Lifetime

Trading Crypto with Eugene is a series of daily commentary on the crypto market and trading advice from Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful!

Ripple to Cash In One-Third of its Stake in MoneyGram

Ripple to Cash In One-Third of its Stake in MoneyGram

Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.

Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?

Former HKEX Executive: Will HkbitEX Issue Its First STO Project Next Year?

On a forum, the Chief Development Officer of HKbitEX said that she hoped the company would issue its first security token offering (STO) project in 2021.

Jul 10 Trading Analysis: When bitcoin sneezes, the crypto world catches a cold

Jul 10 Trading Analysis: When bitcoin sneezes, the crypto world catches a cold

With escalating covid19 cases in some US states (esp Florida, Texas, California and etc - it's very hard to ignore that when the cases keep rising), Oil now back to below $40, lack of any macro news tonight and some technical exhaustion signs on equity indices, I think US stocks will trade weak tonight; and I think there is a likelihood that S&P will likely close near the BIG 3k level.

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

Greenidge’s 65,000-square-foot facility was initially built in 1937 as a coal plant before eventually being closed down in 2011. The plant remained dormant for five years before Atlas Holdings, Connecticut-based private equity company, converted it into a natural gas plant in 2016 to generate clean energy. Because of the high power that crypto mining machines use in their operations, countries have initiated stricter measures to discourage miners from conducting their mining activities. Some of these measures involve increased electricity fees, which have compelled most miners to move to other cities with favorable electricity billing.

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