MicroStrategy Deepens Bitcoin Strategy With Massive October Purchase
MicroStrategy, courtesy of its former CEO and co-founder Michael Saylor, has continued its aggressive accumulation of the flagship cryptocurrency, Bitcoin, with the
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Hack Saga Linked to Sam Bankman-Fried’s FTX Deepens as THORSwap Pauses Trades
“Yesterday, following a careful evaluation of the situation and consultation with advisors, legal counsel, and law enforcement, the decision was made to temporarily transition the THORSwap interface into maintenance mode,” THORSwap developers said in a tweet. Original Source
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Mastercard (MA) Deepens Tie to CBDCs as Nations Mull Issuing Central Bank Digital Currencies
CBDCs are not cryptocurrencies, but they’re in the same family. They don’t have to be, but they could be based on a blockchain, the ledger technology that powers Bitcoin and the rest of crypto. A CBDC would simply be a digital version of an existing fiat currency like the U.S.
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Kansas Heartland Tri-State Bank closed by FDIC as banking crisis deepens
The ongoing crisis surrounding the U.S. banking system struck again as Heartland Tri-State Bank of Elkhart was closed on July 29 by the Kansas Office of the State Bank Commissioner, with the Federal Deposit Insurance Corporation (FDIC) taking control. On July 31, the four branches of Heartland Tri-State Bank will reopen
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Dubai deepens crypto ties with proposed Bitcoin Tower Hotel
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Italian developer, Salvatore Leggiero, unveils plans for the Bitcoin Tower, an hotel chain in Dubai that combines blockchain technology, artificial intelligence, and material sustainability. It will offer guests the opportunity to earn interest on their suite
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PacWest Cuts Dividend as Regional Banks Recovery Deepens
Regional banks are financial institutions that operate in specific geographic areas of the country and often provide a variety of banking services such as deposit accounts, loans, and other financial goods. PacWest Bancorp (NASDAQ: PACW), an American regional bank with headquarters in Beverly Hills, California has reduced its shareholder’s dividends amid
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Bitcoin Flat as Crypto Winter Deepens
Crypto exchange Bybit on Saturday announced it is suspending U.S. dollar (USD) deposits. "We have temporarily suspended USD deposits via Wire Transfer (including SWIFT) due to service outages from our end-point processing partner until further notice," the exchange said, adding that withdrawals will be stopped from March 10. Users, however,
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Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens – Market Updates Bitcoin News
Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices
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Bybit Downsizes Again as Crypto Bear Market Deepens
Bybit isn’t the only firm reducing its staff strength to cope with the current bearish market conditions.Cryptocurrency exchange Bybit has announced the second round of employee layoffs, citing a deepening crypto bear market. According to Bybit CEO Ben Zhou, there was a need for the company to re-organize its plan to
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Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows
On-chain data shows the Bitcoin aSOPR metric has dropped to lows not seen since December 2018, suggesting that holder capitulation is deepening. Bitcoin aSOPR Plummets To Lows Not Observed Since Almost 4 Years Ago As pointed out by an analyst in a CryptoQuant post, the current capitulation is deeper than during both
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