Category: Latest news

[ad_1] MicroStrategy bought 14,620 units of Bitcoin for approximately $615.7 million in cash between Nov. 30 and Dec. 26 at an average price of $42,110 per BTC, according to a Dec. 27 Form 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC). As of Dec. 26, MicroStrategy holds 189,150 BTC, acquired for approximately…

[ad_1] Quick Take MicroStrategy’s recent Bitcoin purchase for $615 million marks a significant stride in the company’s Bitcoin accumulation. This recent acquisition, which outstrips its previous buy in November, valued at $593 million, ranks as MicroStrategy’s third-largest Bitcoin purchase to date. With this procurement, the company added an impressive 14,620 Bitcoin to its holdings. However,…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Crypto asset manager Grayscale filed a revised S-3 filing with the United States Securities and Exchange Commission (SEC) on Dec. 26 to comply with the regulator’s demands for cash-only creation for the fund redemptions. This amendment means Grayscale will facilitate fund creation and redemption using cash, mirroring similar decisions taken by other spot Bitcoin ETF…

[ad_1] Quick Take The crypto industry is eagerly awaiting the approval of a spot in the Bitcoin Exchange Traded Fund (ETF) in the first weeks of January. While the market has been expecting institutions to push Bitcoin’s price up in anticipation of the ETF, no such trend has been observed. Recently, the market has witnessed…

[ad_1] Solana creator Anatoly Yakovenko recently referred to Solana as an Ethereum layer-2 solution through its Wormhole eigenlayer in a post on X. In the exchange, Yakovenko positioned the blockchain as an Ethereum layer-2 while responding to a tweet listing various other L2 solutions, including Arbitrum, Aztec, and Polygon, among others. He wrote: “Solana is…

[ad_1] Changpeng Zhao experienced a remarkable surge in wealth in 2023, securing the 35th position on the Bloomberg Billionaires Index, which shows his net worth increasing by an impressive $24 billion this year. As the former CEO of Binance, Zhao is one of the industry’s most notable figures. He entered the cryptocurrency world in 2013,…

[ad_1] KyberSwap, a leading decentralized exchange (DEX) aggregator, announced a 50% reduction in its workforce following a $54 million exploit earlier this month. CEO and co-founder Victor Tran announced the decision on social media on Dec. 24. Elastic fallout The cuts come as the company grapples with the fallout of the “Elastic exploit,” which compromised…