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Affichage des articles du novembre, 2023

MicroStrategy Spends Another $600M to Purchase Over 16,000 BTC

MicroStrategy, the NASDAQ-listed business intelligence software giant that made waves over three years ago with its pro-Bitcoin strategy, has gone on another buying spree. The firm’s former CEO and founder – Michael Saylor – outlined the latest BTC purchase, which was worth nearly $600 million. Saylor asserted that the company he founded over three decades ago had spent $593.3 million to buy 16,130 BTC more for an average price of $36,785 per Bitcoin. This has become MicroStrategy’s second BTC purchase for November. As reported before, the firm bought 155 BTC for $5.3 million at the start of the month. The latest acquisition puts the company’s total stash at 174,530 BTC. It spent just under $5.3 billion to purchase the amount. This means that MicroStrategy sits on a massive unrealized profit of over $1.2 billion, given BTC’s current price of $37,750. MicroStrategy has acquired an additional 16,130 BTC for ~$593.3 million at an average price of $36,785 per #bitcoin . As of 11

Renowned Economist Drops Bombshell On The US Dollar: Can Bitcoin Provide Safe Haven?

Renowned Economist Peter Schiff has warned about an imminent fall in the US Dollar and the country’s economy. If his warning is anything to go by, then a case could be made for cryptocurrencies and Bitcoin in particular .  US Dollar On Verge Of Historic Crash In a post shared on his X (formerly Twitter), Peter Schiff stated that the US dollar is on the verge of a historic crash. He highlighted how this could affect the country’s economy as inflation , interest rates, and unemployment would soar. The economist seems to believe that the fall in the currency will be catastrophic as he says, “It’s crash and burn.” Schiff went on to back up his point in a subsequent post . He stated that the US economy is already in recession. He noted that although the country’s GDP grew by 5.2% in Q3, the government’s spending contributed 5.5% to this. He also alluded to the fact that this money spent was borrowed money and didn’t reflect “real economic growth.” He sounded a note of warning t

Dormant Bitcoin Whale Transfers $137 Million in BTC After 4 Years

A Bitcoin wallet address has sprung back to life after approximately four years of inactivity. The dormant whale transferred its entire stash of 3,623 BTC – worth around $136.94 million – to two new wallets. On-chain data suggest that the whale amassed 3,623 BTC worth almost $25 million between October 25, 2018, and December 31, 2019. During this timeframe, Bitcoin was trading on average at $6,889. As reported by Lookonchain, the investment has skyrocketed to a staggering $136.94 million, considering the current market price, marking a profit of around $112 million. A whale that had been dormant for ~4 years transferred all 3,623 $BTC ($136.94M) to 2 new wallets 1 hour ago. This whale accumulated 3,623 $BTC ($24.96M) at ~$6,889 from Oct 25, 2018 to Dec 31, 2019. At current prices, the profit is ~$112M. pic.twitter.com/wrMe4loIwm — Lookonchain (@lookonchain) November 30, 2023 According to data compiled by BitInfoCharts, the whale was sitting on a profit of $244 million in

Ripple Is Meeting With The SEC Today; Here’s The Agenda

The Ripple battle with the United States Securities and Exchange Commission (SEC) over the security status of the XRP token is yet to come to an end even after multiple partial victories. In an effort to end the three-year-long battle, the court has ordered that both parties consider a settlement and work out the terms of that settlement. To this end, multiple meetings between both parties have been arranged and one of those meetings is taking place today. Ripple And SEC To Meet Behind Closed Doors As a part of the potential settlement between Ripple and the US SEC, both parties will have to conduct a closed-door meeting which comes as part of the Sunshine Act Meetings. The meeting scheduled for November 30 will see the two parties hash out a number of issues. Some of the topics expected to be discussed in this closed-door meeting include the institution and settlement of administrative proceedings, the institution, and settlement of injunctive actions, matters related to the litig

Hit the Play Button on These 1,015 YouTube Channel Slogan Ideas in 2023

When you buy something through one of the links on our site, we may earn an affiliate commission.   Looking to give your YouTube channel that stand-out factor? Dive into our comprehensive guide packed with punchy YouTube channel slogan ideas and expert tips! Crafted with creativity and expertise, this list isn’t just about catchy phrases; it’s your gateway to channel success. Discover 1,000+ captivating slogans designed to elevate your channel’s identity. We’ve also sprinkled in key do’s and don’ts, serving as your compass in slogan crafting. Join us on this journey of creativity, innovation, and empowerment. Let’s make your YouTube channel shine! Best YouTube Channel Slogan Suggestions Explore, Learn, Thrive Where Knowledge Sparks Fun Unleashing Creativity Daily Fuel Your Curiosity Here Inspiring Minds, One Video at a Time Your Source for Endless Discovery Elevate Your Perspective Empowering Minds, Igniting Passion Connecting Ideas, Inspiring Growth Dive into In

Bitcoin’s Fierce Opponent Charlie Munger Breathes His Last At 99

The financial world says goodbye to Charlie Munger – the long-time right-hand man of Warren Buffett, fierce bitcoin critic, and vice chairman of multinational holding firm Berkshire Hathaway – who died at the age of 99, the company announced on Tuesday. According to Berkshire, Munger passed away quietly at a Californian hospital where he was a resident. There was no explanation provided. On New Year’s Day, Munger would have turned 100 years old. Berkshire Hathaway was a failed textile company until Buffett turned it into an investment powerhouse with a $785 billion stock market valuation. Munger, who has served as vice chair of Buffet’s company empire since 1978, has amassed a net worth of $2.6 billion and has received constant recognition for sticking to a sensible stock-picking and investing attitude while he was at Berkshire. Bitcoin Adversary Charlie Munger Passes Away With Munger’s death, an era in business and finance is never the same again. Investors from all over the wor

1,023 Blog Slogan Ideas to Help You Build Your Brand in 2023

When you buy something through one of the links on our site, we may earn an affiliate commission.   Looking to spark your blog’s brilliance? Dive into a treasure trove of inspiration! Unveiling an arsenal of blog slogan ideas and essential tips to ignite your brand’s identity. In this concise guide, discover punchy slogans that resonate and stick, tailored for every niche. From fitness to finance, travel to tech, find your blog’s heartbeat in these catchy phrases. Crafted with care, each suggestion embodies authenticity, clarity, and memorability—crucial for brand resonance. We’ll also uncover the secrets behind crafting a magnetic slogan with our expert do’s and don’ts. Get ready to unleash the power of words and watch your blog soar! Best Blog Slogan Ideas Illuminate Your Journey Insightful Perspectives, Always Where Words Find Wings Explore, Engage, Evolve Fueling Curiosity Daily Crafting Stories, Sharing Lives Unveiling New Horizons Ideas Unboxed, Creativity Un