After Debt Security and Cash, MicroStrategy set to Sell $1B in Stocks for BTC Purchase

After Debt Security and Cash, MicroStrategy set to Sell $1B in Stocks for BTC Purchase

“MicroStrategy, the Fortune 500 software giant, that is seen as the pioneer for Bitcoin adoption among institutions is taking things forward by a notch. The firm closed another $500 million security debt offering yesterday for which it received offers exceeding over a billion dollars. The firm plans to buy more Bitcoin on top of its
The post After Debt Security and Cash, MicroStrategy set to Sell $1B in Stocks for BTC Purchase appeared first on Coingape.”

Source: Coingape

AnRKey X Lists on AscendEX

“AscendEX is thrilled to announce the listing of the AnRKeyX Token (ANRX) under the trading pair ANRX/USDT on AscendEX starting on Dec 7 at 2 p.m. UTC. In celebration of the listing of AnRKeyX token (ANRX), AscendEX and the AnRKeyX team will launch several limited-time promotional events between 2:00 a.m.

El Salvador at it again, Nayib Bukele announces purchase of 150 Bitcoin

“While the entire cryptocurrency industry is reeling under a massive dip, President of El Salvador once again managed to find the silver lining in this storm. Earlier today, Nayib Bukele announced on Twitter that the island country had once again bought the dip as Bitcoin continued on its downward spiral.

Bitcoin could ‘consolidate until 2022’ after mass wipeout sends BTC price to $41K

“$2.5 billion liquidated across cryptocurrency in a mass rout which sends Bitcoin price action back to the end of September. Bitcoin (BTC) traded near $47,000 on Dec. 4 after a sudden crash confirmed bulls’ worst nightmares with 22% daily losses.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto liquidations pass $2.5 billionData

Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues

“A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency is said to be