MicroStrategy’s latest Bitcoin purchase appears to have received the applause of its investors as it is showcased in the current share price.
The latest halt comes as the six-month lock-up period for selling the recently purchased shares of the Grayscale Bitcoin fund comes to an end. Also, it comes as Grayscle’s total assets under management (AUM) crossed $15.7 billion.
BTC recent reversal dragged most altcoins and the second most popular crypto Ethereum fell on Sunday as well.
The Bitcoin price correction witnessed in the second half of 2019 may be seen in the coming weeks if there is a major slowdown in the inflows recorded by the Grayscale Bitcoin Trust.
While the exact specifics of how Warp recovered the funds are unknown, reports suggest the decentralized lending protocol was able to recoup the stolen funds.
Ledger has indicated that the leaked database will not compromise the customers’ funds or even their personal hardware wallet.
Endorsing the DOGE cryptocurrency, Elon Musk also changed his Twitter bio to “Former CEO of Dogecoin”. Although his Bitcoin bashing hasn’t had much effect on the BTC price.
However, at the current moment, there is no indication whether Elon Musk will take the MicroStrategy BTC investment advice.
The surge in the price of Bitcoin is now a topic of discussion on social media platforms.
The Fintech sector will remain to expand and fine-tune in forthcoming years. To be more reliable and satisfy clients, this sector will develop at a much greater pace.
Decentralized scalability platform solution Matic Network plans to issue personal tokens to every individual within the first quarter of 2021.
Interestingly, Coinbase co-founder and board member Fred Ehrsam is a former trader at Goldman Sachs.
There is a number of benefits to work with YBS Capital beyond Ben Shimon’s expertise on the E2C approach.
Both Algorand and the Algorand Foundation are actively developing the protocol to ensure long-term sustainability.
Bitcoin has also become a sudden hedge for investors to shield their investments against legitimate inflation as a result of numerous government’s effort to support economies and increase in spending due to the pandemic.