MicroStrategy Buys 6,500 More BTC, Repays $205M Loan to Silvergate

• MicroStrategy has bought 6,455 BTC at an average price of $23,238. • The company’s total holdings now stand at 138,955 BTC acquired for roughly $4.14 billion. • MicroStrategy also repaid its Bitcoin-collateralized loan to Silvergate at a 22% discount. MicroStrategy Buys Additional 6,455 BTC MicroStrategy has resumed its bitcoin accumulation spree after three months […]

Crypto Twitter Bets on BTC Reaching $1M in 3 Months!

• Crypto pioneer Balaji Srinivasan offers $1 million in BTC to 1,000 tweets that best expose the stealth financial crisis disguised in banking bailout. • He believes hyperinflation in US economy will happen in 90 days, forcing Bitcoin’s price to shoot up to $1 million. • To alert people about the hidden insolvency of banks, […]

Crypto Adoption Booms Despite Turbulence: Paxos Survey

• A survey by Paxos finds that 75% of consumers remain confident about the future of cryptocurrencies despite some high-profile collapses in 2022. • The survey found that 72% of respondents were not concerned with the volatility seen in the crypto market this year. • Consumers’ trust in intermediaries such as crypto exchanges, mobile payment […]

Leading UK Banks Block Crypto Purchases: Report

• HSBC and Nationwide have reportedly barred customers from purchasing cryptocurrency via credit cards. • Other leading British banks, such as Lloyds Banking Group Plc, Banco Santander SA, and Natwest Group Plc have also imposed restrictions on buying crypto assets. • The stricter stance is a response to the numerous collapses in 2022 that led […]