Month: December 2022
MicroStrategy Buys More BTC, FTX Revelations and More Contagion: This Week’s Crypto Recap
FTX contagion goes on, and Bitcoin’s price continues trading in a range while MicroStrategy buys more of it.
Nobel Prize Laureate Paul Krugman Compares Tesla to Bitcoin — They ‘Have More in Common Than You Think’
Nobel Prize-winning economist Paul Krugman says Tesla may have more in common with bitcoin than you think. He explained that Tesla sales have depended in part on the perception that CEO Elon Musk “is a cool guy” while the price of bitcoin is “being sustained by a hard-core group of true believers.” Paul Krugman Compares […]
BMW Revamps Operations With Blockchain Technology From Coinweb And BNB Chain
BMW is relying on blockchain technology to improve its business model. Now, the company is using technology from Coinweb and Binance.
Will Fiji Legalize BTC Next as its New Pro-Bitcoin PM Steps Into Office?
The former MP of Tonga – Lord Fusitu’a – thinks Fiji and Tonga should both declare bitcoin legal tender in 2023.
Winklevoss Twins and Gemini Sued for Fraud Over Interest Accounts: Report
This is yet another blow to the Winklevii-spearheaded crypto exchange.
Bitmain Founder-Backed Asset Manager to Delist Solana
The crypto market may have a small memory, but FTX’s doom continues to haunt Solana.
Helios is a ‘Transformative Acquisition’ for Galaxy Digital, Says Novogratz
Galaxy Digital’s boss reiterated his firm’s pro-bitcoin stance and praised the recent Helios acquisition.
Microstrategy Buys More Bitcoin — Company’s Crypto Holdings Grow to 132,500 BTC
Microstrategy is now holding approximately 132,500 bitcoin following its most recent purchases. This year, the world’s largest cryptocurrency has emerged as “the institutional-grade digital asset,” said Microstrategy founder Michael Saylor. Microstrategy Acquires More Bitcoin Nasdaq-listed Microstrategy Inc. announced Wednesday that it has purchased more bitcoin for its corporate treasury. Michael Saylor, the company’s founder and […]The FTX Contagion Goes on: Midas Investments Closes Down
Midas Investments suspended services on its platform following the Celsius and FTX crashes.
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital for $65 million, and the financially troubled […]
