MicroStrategy: Stock Plummets As Bitcoin Bounces
MicroStrategy (MSTR) shares fell as much as 12% on Tuesday, amid hints of resilience in the broader US stock market. MicroStrategy (MSTR) stock fell again on Tuesday, extending an early-week decline fueled by a highly volatile cryptocurrency market that saw Bitcoin (BTC) momentarily break above the $30,000 barrier. During the early morning trade, MSTR hit […]
Blockchain Capital Secures 300 Million USD From PayPal And Visa
For its Fund V LP, Blockchain Capital has received $300 million in funding from PayPal, Visa, and other investors. Several prominent investors, including PayPal and Visa, participated in a $300 million investment round for Blockchain Capital. Blockchain Capital announced the closure of its Blockchain Capital V LP in a press statement on Tuesday. According to […]
The Norwegian Financial Supervisory Authority Sees A Pressing Need For Crypto Investment Protection
According to Norway’s Financial Supervisory Authority, it solely monitors cryptocurrency enterprises for money laundering. A Norwegian financial regulator warned investors that the cryptocurrency business is mostly uncontrolled in the country, as Bitcoin (BTC) fell to six-month lows around $30,000 on Tuesday. The Norwegian Financial Supervisory Authority, or Finanstilsynet, issued a statement on crypto investor consumer […]
Biden’s Treasury Dept Nominee To Make Crypto Regulation Top Priority
“If I am confirmed, I will prioritize implementing that piece of legislation, including new regulations around cryptocurrency,” said Biden’s Nominee, Brian Nelson. Brian Nelson , President Joe Biden’s nominee for undersecretary of the Treasury’s division on terrorism and financial crimes, stated that he would prioritize the implementation of new cryptocurrency rules. Nelson said if he […]
Iran Bans Crypto Mining, seizes 7k Rigs
In the last 48 hours, officials stormed 50 places across Iran’s capital, uncovering 3,000 unlawfully operating crypto miners, according to Tehran’s police head. Iranian provincial police have announced that they have seized more than 7,000 crypto mining machines at a farm in Tehran, extending their assault on large and small crypto miners. Police confiscated crypto […]