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MicroStrategy: A High-Stakes Gamble on Bitcoin Fueled by High-Priced Stock Offerings
MicroStrategy: A High-Stakes Gamble on Bitcoin Fueled by High-Priced Stock OfferingsMicroStrategy (MSTR.US), one of the world's largest corporate holders of Bitcoin, is aggressively expanding its Bitcoin reserves at an astonishing pace...
Blockchain 2024-12-05 10:52:26 -
Tencent Applies for Blockchain-Based Data Processing Patent to Enhance Cross-Chain Efficiency and Security
Tencent Applies for Blockchain-Based Data Processing Patent to Enhance Cross-Chain Efficiency and SecurityOn December 5, 2024, the State Intellectual Property Office of China revealed that Tencent Technology (Shenzhen) Co., Ltd...
Blockchain 2024-12-05 10:46:10 -
Cryptocurrency trading volume surges past $10 trillion, hitting an all-time high: Market fervor fueled by new US administration policies
Cryptocurrency trading volume surges past $10 trillion, hitting an all-time high: Market fervor fueled by new US administration policiesIn November 2024, cryptocurrency market trading volume eclipsed the $10 trillion mark for the first time, reaching an unprecedented high. This staggering figure signifies a new phase of development for the cryptocurrency market...
Blockchain 2024-12-05 10:40:48 -
Calamos Advisors' Secret Bet on MicroStrategy: $130 Million Convertible Notes Fuel Bitcoin Strategy
Calamos Advisors' Secret Bet on MicroStrategy: $130 Million Convertible Notes Fuel Bitcoin StrategyA Bloomberg report revealed a little-known investment maneuver: Eli Pars, co-chief investment officer at Calamos Advisors LLC, was among the buyers of over $6 billion in convertible notes issued by MicroStrategy this year. This massive fundraising round was crucial to MicroStrategy's ongoing expansion of its Bitcoin reserves...
Blockchain 2024-12-05 10:39:55 -
Trump's Nomination of Atkins as SEC Chair: Potential Implications for Cryptocurrency Markets and Financial Regulation
Trump's Nomination of Atkins as SEC Chair: Potential Implications for Cryptocurrency Markets and Financial RegulationOn December 5th, President-elect Trump nominated conservative lawyer Paul Atkins to chair the U.S...
Blockchain 2024-12-05 10:12:23 -
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 Liquidations
Federal Reserve Chair Powell: Bitcoin's Competitor is Gold, Not the Dollar; Crypto Market Sees Wild Swings, Over 160,000 LiquidationsAnother Hong Kong-listed company, BOYA Interactive (HK00434), also drew attention due to its cryptocurrency holdings. On November 12th, the company announced that, as of the announcement date, it held 2,641 Bitcoins at a total cost of approximately $143 million (average cost of approximately $54,000 per coin) and 15,400 Ethereums at a total cost of approximately $42...
Blockchain 2024-12-05 09:51:58 -
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards Crypto
Putin's Bitcoin Endorsement: Russia's Strategic Shift Towards CryptoRussian President Vladimir Putin's recent public endorsement of cryptocurrencies, particularly Bitcoin, marks a strategic shift in Russia's response to Western sanctions and its pursuit of economic independence. He questioned the necessity of holding massive foreign exchange reserves, suggesting crypto assets like Bitcoin could be a more reliable alternative...
Blockchain 2024-12-05 08:56:41 -
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin Bet
MicroStrategy: High-priced Stock Issuance Fuels Continued Bitcoin BetMicroStrategy (MSTR.US), one of the world's largest corporate holders of Bitcoin, is raising capital through large-scale stock issuances to further expand its Bitcoin reserves...
Blockchain 2024-12-05 06:49:16 -
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC Chair
Bitcoin Breaks $99,000 After Trump Nominates Pro-Crypto SEC ChairBitcoin surged past the $99,000 mark on December 5th, experiencing a 3.4% intraday gain...
Blockchain 2024-12-05 05:03:44 -
South Korea's Cryptocurrency Market Flash Crash: A Short-Term Shock Driven by Political Turmoil and Market Fragility
South Korea's Cryptocurrency Market Flash Crash: A Short-Term Shock Driven by Political Turmoil and Market FragilityOn the evening of December 3rd, a stunning flash crash occurred on Upbit, a major South Korean cryptocurrency exchange, with Bitcoin plunging nearly 30% within minutes to around $62,000 (approximately 88 million KRW) before swiftly recovering. This event garnered global attention, its cause attributed to a confluence of factors: the short-term impact of domestic political instability in South Korea, and the inherent structural and liquidity vulnerabilities within the South Korean cryptocurrency market itself...
Blockchain 2024-12-04 21:10:09 -
Samsung Galaxy Z Fold7 and Z Flip7: Larger Screens, Enhanced AI, Leading the Foldable Future
Samsung Galaxy Z Fold7 and Z Flip7: Larger Screens, Enhanced AI, Leading the Foldable FutureRumors surrounding Samsung's next-generation foldable phones, the Galaxy Z Fold7 and Galaxy Z Flip7, are swirling, with the most prominent feature being a significant increase in screen size. Leaks suggest both highly anticipated flagships will boast larger displays, providing users with a more immersive viewing experience...
Mobile Internet 2024-12-04 19:23:34 -
iQOO Neo10 Series Screen's "Pale" Color Controversy: Official Response and Detailed Explanation of Color Management Scheme
iQOO Neo10 Series Screen's "Pale" Color Controversy: Official Response and Detailed Explanation of Color Management SchemeThe iQOO Neo10 and Neo10 Pro, powered by Snapdragon 8 Gen3 and Dimensity 9400 processors respectively, were officially released on November 29th, priced starting at 2299 and 3199. However, since their release, some users have reported that the new phones' screen colors appear slightly "pale," sparking heated discussions online...
Mobile Internet 2024-12-04 17:54:45
