MicroStrategy’s Bitcoin Ambitions: $700 Million Fundraise For Further Acquisitions

On Monday, business intelligence firm Microstrategy, led by Bitcoin (BTC) advocate Michael Saylor, announced its intention to offer $700 million in convertible senior notes due 2028 as part of a broader strategy to strengthen its Bitcoin portfolio while restructuring existing debt. MicroStrategy’s Strategic Bitcoin Move According to the announcement, the proposed notes will be unsecured, … Read more

The Financial Anarchist Manifesto

This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. “Anarchy is order; government is civil war.” – Bellegarrigue The advent of decentralized money gave rise to an intriguing cognitive bias among early adopters. Bitcoin’s success is convincing many that we can do away with trusted institutions altogether—that trust itself … Read more

SEC Leaves Ether Off Securities Column In eToro Case

Trading app eToro recently reached a settlement with the US Securities and Exchange Commission. The SEC announced Thursday that eToro “agreed to pay $1.5 million to settle charges that it operated an unregistered broker and unregistered clearing agency in connection with its trading platform that facilitated buying and selling certain crypto assets as securities.” But … Read more

US Bitcoin ETFs see largest single-day inflow since late July, Bitcoin climbs past $60,000

Key Takeaways US Bitcoin ETFs experienced the largest inflow since late July with over $263 million in a single day. Bitcoin’s price increase coincides with huge ETF investments, peaking over $60,000. Share this article Inflows into US spot Bitcoin exchange-traded funds surged on Friday, with net buying topping $263 million, the largest single-day inflow since … Read more

Alchemy Partners with Cross Finance

San Francisco, USA, September 13th, 2024, Chainwire Alchemy, the leading web3 development platform, has officially partnered with Cross Finance, an innovative DeFi platform, to power dApp development on the CrossFi Chain. This strategic collaboration will also see Alchemy become a core development partner, enabling the building and scaling of dApps on the CrossFi Chain and … Read more

112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing … Read more

Ethereum Remains Top DEX Chain With 35% Dominance: Can Others Challenge This?

Ethereum is struggling to break through key resistance levels, even after the recent crypto market surge led by Bitcoin. While ETH’s price remains under pressure, there’s encouraging news for investors. Recent data from IntoTheBlock highlights Ethereum’s continued dominance in decentralized exchange (DEX) volume, reinforcing its position as a major player in the DeFi space.  This … Read more

Detroit Aims to Drive Digital Asset Innovation on Day Three of the America Loves Crypto Tour

Crypto-natives and fans of Detroit rapper Big Sean flocked to the Lager House, just outside of downtown Detroit, for the third stop of the America Loves Crypto Tour. The event provided both an evening of live entertainment and a call to action to get out the crypto vote in the upcoming 2024 elections following previous … Read more