MicroStrategy Is Looking to Buy More Bitcoin

MicroStrategy Is Looking to Buy More Bitcoin

MicroStrategy bought $250 million in Bitcoin on August 11th.It purchased an additional $175 million in Bitcoin 1 month after that.With the recent rise in Bitcoin’s price, its holdings are now worth $521 million, a 22% premium.MicroStrategy President Phong Li said, You should expect that we will purchase additional Bitcoin.

Avsnitt(690)

Lebanese Pound Could Push People to Bitcoin

Lebanese Pound Could Push People to Bitcoin

While countries are battling with coronavirus, Lebanon is faced with an extra crisis, an economic catastrophe involving the national currency.

4 Maj 20203min

Bitcoin Is Not a Toy Anymore

Bitcoin Is Not a Toy Anymore

Crypto analyst PlanB, recently said, Bitcoin is serious business and not a toy anymore, maybe not an asset anymore as well, he said, adding, It is going to be much bigger than that.

4 Maj 20202min

Bitcoin Is Now Crushing Gold

Bitcoin Is Now Crushing Gold

Bitcoin is now trading at roughly $8,800, for a year to date gain of 24%. Gold, a symbol of riches and monetary stability at least since the Sumerians civilized Mesopotamia, is up just 13% in twenty twenty, and the S & P 500 is still negative on the year, down 9%.

1 Maj 20203min

Bitcoin Is Replacing The El Salvador Economy

Bitcoin Is Replacing The El Salvador Economy

In a rural beach located along the coast of the South American nation, El Salvador there is a village now dubbed Bitcoin Beach, where the locals are relying almost solely on Bitcoin to transact and get essentials like groceries.

29 Apr 20204min

New Bitcoin Model Forecasts Explosion to $288,000

New Bitcoin Model Forecasts Explosion to $288,000

The controversial analyst who burst onto the scene last year after being the first to apply the stock to flow ratio to Bitcoin has tweaked his model to come up with a new price forecast for Bitcoin.

29 Apr 20203min

Bitcoin Halving Searches Go Parabolic

Bitcoin Halving Searches Go Parabolic

The Bitcoin block reward reduction, also known as the halving is now just thirteen days away. It’s an event that has become the topic of conversation for many watching the crypto space.

27 Apr 20203min

Negative Rates Boost Bitcoin’s Bulls

Negative Rates Boost Bitcoin’s Bulls

Narayana Kocherlakota, an economist who served as president of the Federal Reserve Bank of Minneapolis, recently penned an article titled The Fed Should Go Negative Next Week. Negative interest rates should prove a benefit for a scarce and decentralized form of money like Bitcoin or gold.

26 Apr 20203min

4 theories About Bitcoin Founder Satoshi Nakamoto

4 theories About Bitcoin Founder Satoshi Nakamoto

Nothing is known about the mysterious Founder of Bitcoin, and the last communication Satoshi Nakamoto had with the world was in two thousand eleven. Since then, there have been many theories about him. Here are four of them.

23 Apr 20204min

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