MicroStrategy’s infamous Bitcoin (BTC) investment strategy is playing out profitably so far into 2023. Today, MicroStrategy’s stock MSTR is up roughly 140% year-to-date (YTD) to $350 per share, its highest level since September last year. It mirrored Bitcoin’s 90% YTD gains, maintaining a strong positive correlation with the top cryptocurrency. MSTR daily price chart featuring its…
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Patrick McHenry, chair of the United States House Financial Services Committee, jumped right into criticism of the Securities and Exchange Commission and its leadership over digital assets at an oversight hearing. In an April 18 hearing on oversight of the SEC, Representative McHenry used his opening statement to bring up the commission’s “punishing” of digital…
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On or about Apr. 18, Twitter rolled out Bitcoin (BTC) price quotes on its social media platform, which can be viewed using its search tool. The price quotes are powered by charting platform TradingView. In conjunction with the display is a link to Israeli cryptocurrency exchange eToro, where users can buy or sell Bitcoin. At…
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The bear market grind has not deterred a $60 million raise from a Bitcoin-only company. Unchained, a financial services provider for Bitcoin (BTC) holders, has announced a $60 million Series B funding round led by Valor Equity Partners. NYDIG, Trammell Venture Partners, Ecliptic Capital and Highland Capital Partners also participated. Unchained Capital provides a more…
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In a February interview with New York Magazine, Gary Gensler, chairman of the United States Securities and Exchange Commission, said that just about every crypto transaction, with the exception of Bitcoin spot transactions and buying or selling things with cryptocurrency, falls within the jurisdiction of the SEC. In the interview, when discussing what types of…
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The cryptocurrency ecosystem has enjoyed a buoyant start to the year as Bitcoin (BTC) and decentralized finance (DeFi) protocols surge in market capitalization through the first quarter of 2023. These are the key takeaways from the first quarterly Crypto Industry Report published by CoinGecko on April 18. BTC emerged as the best-performing asset of Q1…
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Learning tech via YouTube channels can be a great way to supplement traditional learning methods, as it provides a more interactive and engaging experience. Many YouTube channels dedicated to tech provide in-depth tutorials and explanations of complex concepts in a way that is easy to understand, making it accessible to learners of all skill levels.…
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Bitcoin (BTC) returned above $30,000 on April 18 as volatility preceded the day’s Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin erases intraday losses Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as the pair suddenly added $500, delivering daily gains of more than 3%. The pair had previously worried traders,…
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A court in Singapore has extended creditor protection for Babel Finance by another three months, Bloomberg reported on April 18. According to Babel co-founder and former CEO Flex Yang, the moratorium will now last until July 21, enabling the firm to pursue its restructuring plan via a new decentralized finance (DeFi) project known as Hope.…
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United States Senator Elizabeth Warren blamed the Bitcoin (BTC) mining industry for rising energy prices in American households based on unverified mainstream reporting. However, Crypto Twitter was not ready to let it slide and unanimously decided to clarify the disinformation. While Senator Warren has predominantly spoken against the crypto ecosystem, the latest dig at Bitcoin…
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