MicroStrategy Defended at BTIG; Saylor Not Expecting Imminent Margin Call
Shares of the business analytics maker fell 2.43% in premarket trading. Source
Read MoreShares of the business analytics maker fell 2.43% in premarket trading. Source
Read MoreThe regulation of cryptocurrency is something that continues to be and will continue to be, a topic of contention in the financial world. The recent collapse of LUNA and the UST stablecoin has once again stirred the conversation and has inspired global financial leaders to reconsider the cryptocurrency problem. Finance
Read MoreThe G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation of Crypto Assets The finance ministers and central bank
Read MoreThe top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability Board to speed up crypto-asset regulation, Reuters reported Thursday, citing a copy of a communique it had obtained. The officials from Canada, France, Germany, Italy, Japan, the United Kingdom, and
Read MoreThe FSB, an international body based in Basel that was responsible for generating many of the post-2008 financial norms, had previously promised a report on the regulation, supervision and oversight of global stablecoins for October of this year. The FSB's leader, Klaas Knot, has already volunteered to write a crypto
Read MorePennsylvania Congressman Glen Thompson has proposed a thoughtful, well-formulated blueprint for "crypto regulation” that aligns with the U.S. Treasury Department’s proposals. Original Source
Read MoreLocal and national activists are banding to limit what they consider are the industry's adverse effects on the environment. Source
Read MoreSummary: Michael Saylor’s Microstrategy could face a margin call on its debt if Bitcoin drops below $21k However, the company is prepared to add funding to their existing position Microstrategy recently secured a loan of $205 million in late March, payable monthly beginning this month till March 2025 Microstrategy now holds 129,218 Bitcoins with
Read MoreBill Hwang may be a criminal, or he may have simply been playing the Wall Street game according to a set of unwritten but accepted rules – after all, in this day and age, cheating and lying are practically qualifications for working in high finance. Crypto has the distinct advantage
Read More“This results in a large price movement for the LUNA asset, as there is not only significant buying but also significant supply reduction," said Dustin Teander, analyst at blockchain data platform Messari. "Both forces push the LUNA price higher, leading us to where we are now.” Original Source
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