Bitcoin recent rally pushes MicroStrategy into over $110M in paper profit
Bitcoin recent rally pushes MicroStrategy into over $110M in paper profitMichael Saylor's data shows that BTC has outperformed traditional assets like gold, Nasdaq, Silver, and bonds since MicroStrategy adopted the Bitcoin strategy in 2020.
Happy Monday!The global crypto market cap is $1.16 trillion, with a 24-hour volume of $43.83 billion. The price of Bitcoin is $30,859.40, and BTC market dominance is 51.7%. The price of Ethereum is $1,675.12, and ETH market dominance is 17.3%. The best-performing sector is DuckSTARTER, which gained 15%. The Crypto Fear & Greed Index is currently Neutral (53). Top News
Bitcoin recent rally pushes MicroStrategy into over $110M in paper profitMichael Saylor's data shows that BTC has outperformed traditional assets like gold, Nasdaq, Silver, and bonds since MicroStrategy adopted the Bitcoin strategy in 2020. Join us at Newconomics 2023, Nov. 14-15, in Lisbon
Ad: A new event is launching on the fringe of the Web Summit in Lisbon this year, highlighting the future of work on the blockchain. HUMAN Protocol, the decentralized, automated solution to work, is hosting Newconomics so that technologists, business people, and the curious can learn how the blockchain can work in a host of new applications. California to limit Bitcoin ATM transactions to $1,000 per day to combat fraudNew California laws aim to crack down on scammers exploiting bitcoin ATMs. Inflows into digital assets rise 340% week-on-week in anticipation of US spot Bitcoin ETF – reportAnticipation of a spot Bitcoin ETF prompts further inflows, Butterfill suggests caution in market. Latest Insights
Checkin.com: Innovating fast and secure KYC for Crypto & Web3
Ad: As regulations tighten their grip, KYC becomes a must-have for crypto platforms. But how can crypto and Web3 products streamline the onboarding to make the KYC process easy instead of a hassle? Checkin.com is stepping up, offering a solution that's both comprehensive and intuitive. Their platform merges IDV, document scanning, anti-fraud measures, and data collection, catering to 165+ markets. The results? High conversions and an easy user experience across devices without compromising on security. More NewsWLD falls 4% as Worldcoin replaces USD Coin rewards with native token for Orb operatorsWorldcoin Foundation said its WLD reward program will become accessible to all Orb operators from November. Crypto community accuses WSJ of exaggerating Hamas crypto funding by 99%Several crypto stakeholder are calling for the media platform to retract the report. Solana DeFi protocol Marinade Finance restricts UK access following new FCA rulesSeveral crypto firms and protocols have left the U.K. due to their inability to adapt to the new regulations.
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Bitcoin data shows a growing trend of dormancy as hodlers remain strong
Sunday, October 22, 2023
Bitcoin liquidity crisis looms as hodlers sit tight on historic high supply.
Third week of SBF trial details lavish spending of customer funds on real estate, endorsements, and more
Saturday, October 21, 2023
Former head of engineering at FTX Nishad Singh admitted to knowingly spending customer deposits at Bankman-Fried's direction during a week of explosive testimony.
Bitcoin nears $30,000 as ETF approval anticipation stirs market
Friday, October 20, 2023
BTC's positive momentum has also catalyzed significant price surges for altcoins like Ethereum, Solana, and XRP.
SBF Trial – Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer funds
Thursday, October 19, 2023
The main witnesses for the day were Professor Peter Easton, an esteemed accounting expert from the University of Notre Dame, FBI accountant Paige Owens, and a former FTX employee, Eliora Katz.
SEC will not appeal Grayscale decision, bringing spot Bitcoin ETFs closer to reality
Thursday, October 19, 2023
The SEC's decision not to challenge an August ruling means that it will be required to revisit Grayscale's application.
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