MicroStrategy upsizes latest stock sale to $700M to buy more Bitcoin
MicroStrategy upsizes its convertible senior notes offering to $700 million, earmarking proceeds for Bitcoin purchases and corporate purposes.
Posts published on June 14, 2024 go to media archive 3/4
Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further…
Ethereum rally to $3,700? Unlikely, say two derivatives metrics
Ether derivatives were unable to maintain elevated optimism levels, despite the potential spot ETF and recent macroeconomic data.
Roaring Kitty buys another 4M GME stocks, birthing conspiracy theory
Keith Gill, known as Roaring Kitty, buys 4 million more GameStop (GME) shares, increasing his holdings to over 9 million shares worth $262 million.
DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.
MicroStrategy Boosts Stock Sale to $700M to Buy More Bitcoin
MicroStrategy, led by CEO Michael Saylor, has increased the size of its planned stock sale to raise additional funds to purchase Bitcoin. The company is now seeking to raise $700 million, up from the previously announced $500 million.BREAKING…
First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks
The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty
Bitcoin’s price on June 14, 2024, stands at $67,046, with intraday prices ranging from $66,425 to $68,506. The leading crypto asset’s market capitalization is $1.31 trillion, and the 24-hour trading volume is $23.92 billion. Technical…
Financial Giant AllianceBernstein Predicts Bitcoin At $1 Million, Here’s When
In an analysis released Thursday, leading global investment firm AllianceBernstein with assets under management worth $725 billion significantly elevated its price target for Bitcoin, predicting the premier cryptocurrency will reach $1 million by…
Bitcoin breaks 18-month hashrate uptrend: Are BTC miners capitulating?
Despite the drop in hashrate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000.
Ghana Central Bank Partners With Singapore Regulator to Demonstrate Use of Digital Credentials in Global Trade
The Ghanaian central bank recently collaborated with the Monetary Authority of Singapore (MAS) to demonstrate the use of digital credentials in international trade. The second phase of Project DESFT culminated in the execution of cross-border trade…
Nigeria Drops Tax Charges Against Binance Executives
The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.
Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
More Central Banks Are Exploring a CBDC, BIS Survey Finds
There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.
Andrew Tate and Iggy Azalea parodied in Beeple’s artwork
Beeple unveils “Mother and Daddy (2024),” blending digital finance and celebrity culture, featuring Iggy Azalea and Andrew Tate.
Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
Solana Empty Glasses: BEER Coin Fizzles 70% In Alleged Rug Pull
The Solana blockchain has revealed a sobering story, adding to the turbulence in the bubbly world of memecoins, such as BEER. The coin rose to prominence in recent weeks, experienced a dramatic price swing, and raising concerns about the inherent…
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Here's Why Bitcoin's Not Keeping Pace With Nasdaq
Bitcoin has declined 6% in one week even as Nasdaq rallies to fresh record highs.
Storm Partners launches Web3 innovation sandbox in Geneva
The new blockchain sandbox aims to bolster Geneva’s status as an emerging crypto hub.
Lil Pump and dump: Rapper tattoos ‘Solana’ on forehead after selling SOL tokens
Lil Pump’s new Solana tattoo sparked mixed reactions from fans and the crypto community, with some criticizing and others celebrating the move.
Bitcoin.com to Host $10k Crypto Giveaway In CoinPoker Freeroll Tournament
Mark the calendars, as this Sunday is poker night. Bitcoin.com is pleased to announce an exclusive, free-to-enter poker tournament for its readers, featuring a total prize pool of $10,000 (paid out in USDT). To gain entry, use the password…
Cardano and MultiversX Join Web3 Innovation Initiative in Geneva with Launch of Lightningbox
Can Bitcoin whales protect BTC price from new $48K downside target?
Bitcoin is not filling traders with hope as a stubborn BTC price range endures despite mass whale purchasing.
Trezor to simplify self-custody with onboarding sessions and new wallet
Self-custody raises concerns about the burden of holding the private key, which Trezor wants to solve with a dedicated onboarding division and new wallets.
Wall Street must be accountable for Bitcoin mining emissions — Greenpeace
Greenpeace alleges that Wall Street titans such as BlackRock and Vanguard contribute to the environmental harm coming from Bitcoin mining.
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $1,350 to $54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South…
BIS inaugurates Toronto Innovation Centre with Bank of Canada
Bank of Canada Governor Tiff Macklem said that as finance evolves, the industry must innovate and apply new skills, allowing Canadians to benefit from advancements.
Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.