MicroStrategy Buys 14,620 Bitcoins for $615.7 M
In anticipation of a spot Bitcoin exchange-traded fund (ETF) approval, business intelligence firm MicroStrategy buys 14,620 Bitcoins, increasing its total stash to 189,150 BTC Between November 20, 2023, and December 26, 2023, MicroStrategy and its subsidiaries acquired an additional 14,620 BTC for $615.7 million in cash, the company disclosed in its 8-K filing with the […]
South Korean Public Officials to Disclose Crypto Holdings in 2024
In 2024, about 6,000 South Korean officials must disclose their cryptocurrency holdings to the public. The country’s Ministry of Personnel Management announced on December 27 that the Public Official Ethics System would incorporate details regarding government officials’ private crypto asset holdings. In the past, certain Korean civil servants would divulge their cryptocurrency holdings in the […]
Cathie Wood Expects Spot Bitcoin ETF Approval in January 2024
Cathie Wood has expressed high confidence that the SEC will approve a spot Bitcoin ETF in January 2024 after having constructive dialogues with the filers. She also revealed that the SEC has asked detailed and technical questions, indicating its interest and clarity on the matter. The US investor and chief executive officer of ARK Invest […]
Polygon’s MATIC Surges Past $1, Poised for Potential 70% Rally
Polygon (MATIC) has surged past the $1 level for the first time since May, outperforming the rest of the crypto market. This analysis suggests that MATIC could rally another 70% if it maintains its bullish momentum. However, there are also risks of a pullback if the support levels fail. Read on to learn more about […]
Anatoly Yakovenko: Solana is an Ethereum layer-2 through Wormhole
Solana creator Anatoly Yakovenko says that Solana is an Ethereum layer-2 solution through its Wormhole eigenlayer, which enables cross-chain interoperability and scalability. Solana also ends 2023 with a strong performance, overtaking XRP in market cap and recovering its SOL/ETH ratio. Solana, the high-performance blockchain that aims to rival Ethereum, has made a bold claim: it […]