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MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans.The American business intelligence and software giant made headlines in 2021 with a number of major investments into Bitcoin. Saylor was a driving force behind MicroStrategy’s decision
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The firm previously raised $50 million for a tokenized fund focused on financial verticals, but its second fund will invest more broadly. Source
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Deposits on the Anchor protocol plunged below $9 billion from $14 billion since Friday after Terra’s stablecoin, UST, struggles to recover to $1. ANC, the protocol’s token fell 35% during the day. Source
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By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin continues to fall and reached a key level of support, dropping below $33,000. After the Federal Reserve
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Bitcoin ETPs have become more popular than ever since the SEC approved multiple bitcoin ETPs in the fourth quarter of 2021. They had subsequently had a good run with hundreds of millions of dollars flowing into these ETPs. They provided a way for institutional investors and others who didn’t want
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Following the failure of the crypto market to return to its former glory, institutional investors are fleeing in droves. The market has seen a large outflow of institutional cash in recent weeks, according to multiple sources. Coinshares made the figure surrounding the conversation available a few days ago in a
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The current trend in the crypto market has seen investors reassessing their positions in digital assets such as bitcoin. As the market had boomed and the infamous altcoin season had blossomed, a lot of investors had flocked to smaller cap altcoins for some large gains. However, with these digital assets
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Crypto exchange Binance announced the parallel launch of three key educational initiatives to fast-track educating Indian investors and students about the cryptocurrency and blockchain ecosystem.While recognizing the importance of investors’ awareness of crypto and blockchain, Binance highlighted that Indian regulators and policymakers cite the lack of education as an area
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In downplaying the near-term promise of Horizon Worlds and Oculus, the former Facebook seemed to confirm that its Meta rebrand was a strategic distraction. Source
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As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused survey to better understand the underlying potential of the regulated market.Independent Reserve’s survey — conducted across all age groups and genders of the
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