MicroStrategy, known for being the largest public Bitcoin holder in the world, recently revealed its intention to raise up to $2 billion through the sale of its class A shares. This announcement was made in a regulatory filing with the U.S. Securities and Exchange Commission. While the company did not specify a timeline for the
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Cardano (ADA) is currently witnessing a surge in transaction volume, comparable to that of Ethereum. This rise in transaction volume, as reported by the market intelligence platform IntoTheBlock, indicates a wave of accumulation among Cardano’s large holders. In the last 24 hours, Cardano recorded a substantial transaction volume of $6.7 billion, almost on par with
Over the past few weeks, XRP has experienced quite a tumultuous journey in terms of its price movements. The cryptocurrency started off strong, rallying to a four-month high of $0.66, only to plummet to around $0.56 in just a few days. This 7% decrease on a daily scale and 14% decline since its local top
In a surprising turn of events, the Solana network has outpaced Ethereum in monthly decentralized exchange (DEX) volume for the month of July. According to DefiLlama data, Solana’s DEX transactions reached $55.8 billion, surpassing Ethereum’s $53.8 billion for the same period. This marks a significant milestone for Solana, as it secures its position in the
Bybit, a popular crypto exchange, has recently announced the termination of its operations in France due to regulatory issues. The exchange cited new regulatory developments from the French authorities as the reason behind this decision. The ongoing licensing issues have forced Bybit to temporarily halt its services in the country. This move has been met
The world of digital assets regulation is constantly evolving, with new challenges and opportunities emerging every day. In a recent interview, Joey Garcia, Director and Head of Regulatory Affairs and Public Relations at Xapo Bank, shared his experiences and insights into the development of regulatory frameworks for digital assets. Founding a Regulatory Framework Joey Garcia’s
Ethereum experienced a 3% loss in value this week, failing to regain its previous support level of $3,300. The current key support is now at $2,800, with the possibility of further decline if market sentiment remains bearish. The MACD and RSI indicators indicate a bearish momentum, suggesting that sellers are currently dominating the market. Until
Recently, there have been accusations made against the popular crypto exchange Coinbase regarding potential breaches of campaign finance laws. These claims were brought forward by crypto researcher Molly White, who raised concerns about the platform’s $25 million donation to Fairshake, a crypto Super PAC. White suggested that this donation may have violated campaign finance rules,
Donald Trump, the former President of the United States, has recently made headlines by giving a significant endorsement of Bitcoin. This move comes as he hints at a potential return to the White House in 2024. In an effort to garner support from the crypto industry for his campaign, Trump has taken a more pro-Bitcoin
The decentralized finance (DeFi) sector is currently experiencing a significant resurgence, with key metrics such as active loans and total value locked (TVL) showing growth from their lows in 2023. DeFi lending plays a crucial role in allowing investors to lend their crypto assets in exchange for interest, serving as a barometer for DeFi participation
