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Weekly overview

MicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B

  • Post author:admin
  • Post published:February 3, 2023
  • Post category:Weekly overview

The company also booked a loss of $34 million on its first-ever Bitcoin sale last quarter but said it was conducted to harvest a tax loss. Software analytics company MicroStrategy…

Continue ReadingMicroStrategy says no plans to stop trading BTC as paper loss hits $1.3B

Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

  • Post author:admin
  • Post published:February 3, 2023
  • Post category:Weekly overview

The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power. Billionaire investor Ray Dalio…

Continue ReadingFiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express 

  • Post author:admin
  • Post published:February 3, 2023
  • Post category:Weekly overview

Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese…

Continue ReadingHuawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express 

Only 4 people controlled Tether Holdings as of 2018: Report

  • Post author:admin
  • Post published:February 3, 2023
  • Post category:Weekly overview

New York Attorney General and Commodity Futures Trading Commission probes into Tether in 2021 exposed its previously unknown ownership structure. Just four men controlled 86% of stablecoin issuer Tether Holdings…

Continue ReadingOnly 4 people controlled Tether Holdings as of 2018: Report

Alleged Mango Markets exploiter waives bail during hearing in federal court

  • Post author:admin
  • Post published:February 3, 2023
  • Post category:Weekly overview

A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14. Lawyers representing a crypto user allegedly behind a $116 million exploit…

Continue ReadingAlleged Mango Markets exploiter waives bail during hearing in federal court

Crypto-related enforcement actions by US states rose sharply in 2022: Report

  • Post author:admin
  • Post published:February 3, 2023
  • Post category:Weekly overview

There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins. The number of crypto-related enforcement…

Continue ReadingCrypto-related enforcement actions by US states rose sharply in 2022: Report

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs

  • Post author:admin
  • Post published:February 3, 2023
  • Post category:Weekly overview

The Fed’s interest hike matched the market consensus and weak employment data boosted investors’ appetite for risk assets, but BTC traders should still exercise caution. On Feb. 1 and Feb…

Continue ReadingBitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs
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