Author: admin

MicroStrategy Company ProfileMicroStrategy Incorporated (MSTR) is a software company focused on business intelligence (BI) and analytics solutions. It provides a platform that allows businesses to analyze and present data for decision making. Its tools support data exploration, interactive dashboards, data visualization, and reporting capabilities. Before going public in 1988, MSTR secured fast food giant McDonald's (M.C.D.) As a major customer.MicroStrategy adopts Bitcoin standardsMicroStrategy Chairman (and CEO) Michael Saylor has long been concerned that the financial system was expanding by up to 7% a year while inflation was rising at up to 2% a year. After thoroughly researching Bitcoin, Michael Saylor…

Back in February, the famous macro guru Raul PalFamous for his bold predictions about the crypto market, he predicted: Bitcoin BTC/USD That could soar to $250,000. Ethereum ETH/USDHe added that it could reach $15,000 to $20,000. Solana Sol/USD It could rise from $750 to $1,000 within the next 18 months. Why Pal’s crypto predictions are important Pal, who is the keynote speaker for Benzinga's Future of Digital Assets on November 19th, emphasized that Bitcoin and blockchain technology presents unique opportunities, saying, It was a valuable asset.” He highlighted issues such as central bank over-indebtedness and currency devaluation, and stressed that…

Mt. Gox, once the world's largest Bitcoin exchange before shutting down in 2014 following a series of hacks, has begun paying back the billions of dollars in BTC it owes customers. However, the deadline to complete that process has been pushed back, and Bitcoin's price has since risen.After falling below $59,000 on Thursday, Bitcoin is now above $62,200, up nearly 3% in the past 24 hours. Traders said a delay in Mt.Gox's repayments could reduce selling pressure on the market as billions of dollars worth of bitcoin could stop flowing to users who might dump it for cash. They may…

MicroStrategy Inc. is poised to transform the way capital is stored and transferred globally, according to a recent report from Bernstein Research, and the company's outspoken co-founder Michael Thaler said the company is It says it aims to become a “Bitcoin bank” with potentially trillions of dollars in holdings. dollar valuation.Bernstein rates MicroStrategy “outperform” and has a price target of $290, reflecting a 39% upside from the current price of $209, according to Google Finance. The report states that MicroStrategy's significant investment in Bitcoin is the key driving force behind this optimistic forecast.Under the leadership of Saylor, the company's executive…

(Bloomberg) – Arcam Intelligence, a blockchain data company backed by investors including OpenAI founder Sam Altman, plans to launch a crypto derivatives exchange next month, according to people familiar with the effort. .Most Read Articles on BloombergThe startup is moving operations from London and New York to Punta Cana, Dominican Republic, where the company and its new location will be based, said the person, who requested anonymity because plans have not yet been made public. He said he did. Arkham token, a cryptocurrency known as ARKM with a market capitalization of about $344 million, rose 19% to $1.52 on the…

Ethereum price today: $2,440 Ethereum price has regained the $2,395 support level, but is likely to be rejected near the $2,490 resistance. The launch of Unichain could increase inflationary pressure on Ethereum. Uniswap accounts for the majority of Ethereum's total revenue and ETH spent. Ethereum (ETH) regained the $2,395 support level on Friday and is attempting a move towards the $2,490 resistance. Once Uniswap's Unichain goes live, top altcoins could face inflationary pressures in the coming months, as the decentralized finance protocol contributes significantly to Ethereum's earnings and daily ETH burn. Ethereum’s “super healthy money” story could be at further…

daily bitcoinBitcoin rose 4.5% today, erasing the selling of the past two days. It's a nice move, but it puts us back in the same position we've been in for the past eight months. Wake me up if it breaks the $50,000 to $70,000 range.Today I'm looking at Microstrategy, one of the easiest companies to value in the world. The reason is that 97% of their assets are invested in Bitcoin.Nevertheless, it is trading at all-time highs today, up 12%.Daily MSTRThis means that there is a large discrepancy between the value of the Bitcoin held by the company and the…

Congressman John Curtis, Utah's U.S. representative, joined Utah Senator Mike Lee on Permissionless III to discuss the future of digital asset policy in the country. When asked if bipartisan cooperation on repealing Staff Accounting Bulletin-121 (SAB-121), which incredibly limited banks' ability to store cryptocurrencies, was being revived, he said: 'The councilor continued:“For all of us, for all of you pushing this issue in Washington, if it becomes a partisan issue, anything that becomes a partisan fight in Washington is going to have a very difficult time. I think it's very important to recognize that.””I think it's important to find a…

BUDAPEST, HUNGARY – SEPTEMBER 22: Statue of the pseudonym supposedly used by Satoshi Nakamoto, … [+] The Inventor of Bitcoin will be on display at Graphisoft Park in Budapest, Hungary on September 22, 2021. Because Nakamoto's true identity remains unconfirmed, the statue's creators, Reka Gergely and Tamas Gilly, used anonymized facial features. (Photo by Janos Kumar/Getty Images)Getty Images There is no longer any question that Bitcoin is here to stay. Why is it a little confusing? The answer is very simple. Wall Street found the money. That last sentence should be interesting to Bitcoin proponents and anyone obsessed with the…

Residents near Granbury, Texas want an “unbearably noisy” cryptocurrency mine to shut down.The constant noise and vibrations are causing health problems.”Noise measurements around the facility are below legal limits,” the facility operator countered. Thank you for registering! Access your favorite topics in a personalized feed on the go. Download the app By clicking “Sign Up”, you agree to our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our settings page or by clicking “unsubscribe” at the bottom of the email. Residents of Hood County in North Texas are suing a local Bitcoin mining facility,…