While the nine BTC spot ETFs enjoyed positive inflows in the first week since their approval, not much can be said about this longevity, contrary to what many advocates paint them to be.
In the latest charges against COPA members, Kraken was charged by the SEC on November 20 over illegally selling digital asset securities and comingling customer and corporate funds.
Figures show that MicroStrategy has spent $2.49 billion on BTC since 2020, with its price pumping at an average of $29,586, while the firm's revenues were up three percent from last year.
Tether announced that starting this month, it would “regularly allocate up to 15% of its net realized operating profits towards purchasing” BTC.
Thanks to the smart folks who created the Ordinals, the BTC network exploded with activity recently, but sadly the network performance slowed to a halt, forcing even Binance to halt withdrawals.
Michael Saylor believes Ordinals will open the floodgates for the development of many applications on the BTC base layer, but this is proving to be too difficult with the current state of the protocol.
Dr. Craig Wright was a guest on the Alfie Whattam Podcast not to convince listeners that he is the true inventor of Bitcoin but to tell his story and why he's going after big 'crypto' names.
MicroStrategy announced that it generated revenue of $121.9 million in the first three months of 2023, a 2.2% rise from the same period last year, but the company booked an operating loss of $20.3 million.
Block's gross profits rose 38% to $1.57 billion, but expenses rose by nearly one-half, resulting in a net loss of $18.7 million, significantly worse than the $3 million loss in Q3 2021.
MicroStrategy's three-month revenue suffered a 2.1% slump from last year as the BTC token, which founder Michael Saylor heavily bet on, found itself in the doldrums following an epic 'crypto' crash.
According to reports on October 25, Block had tapped Perry Hothi, former chief technology officer for Argo Blockchain PLC, to help spur Block’s BTC mining ambitions.
District of Columbia Attorney General Karl A. Racine announced that his office was suing the MicroStrategy founder over allegedly having “lived in the District for more than a decade but has never paid any D.C. income taxes.”
