Michael Saylor, CEO of business intelligence firm MicroStrategy (MSTR) has dispelled chatter that the firm’s Bitcoin bet is on the verge of facing liquidation. Speaking during an interview after the company purchased more bitcoins this week, Saylor stated that the company was well placed to weather the ongoing storm and continue […]

Summary: Three Arrows Capital has filed for Chapter 15 bankruptcy in New York 3AC filing for bankruptcy comes less than a week after a British Virgin Islands court ordered the hedge fund into liquidation. The financially embattled crypto hedge fund of Three Arrows Capital has filed for Chapter 15 bankruptcy […]

Australian crypto miner Joe Bridge recently explained how he was able to buy his first house, boats, and motorcycles using the small fortune he amassed from crypto mining. According to a report by Australia’s ABC published on June 30, the 38-year-old first became involved in crypto mining in 2013 while […]

Cryptos rebounded early on Friday with market capitalization surging to $874 billion. June was a particularly depressing month for crypto sphere with the top 10 cryptocurrencies losing, on an average, 30 percent in a single month. The month of June witnessed unprecedented turmoil in the crypto world, just as it […]

Recently, Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, revealed at what $BTC price level he would be prepared to buy more Bitcoin. “Rich Dad Poor Dad“, which is one of the top 10 personal finance books of all time, “advocates the […]

Summary: CZ believes Michael Saylor will get the last laugh in time over MicroStrategy’s consistent Bitcoin purchases. CZ was responding to news of MicroStrategy buying an additional 480 Bitcoins for $10 million. MicroStrategy now holds 129,699 Bitcoin at an average entry price of $30,664. However, Peter Schiff believes that Mr. […]

Cryptocurrencies dropped more than 5 percent in the past 24 hours amidst a challenging macro-economic backdrop exacerbated by worries of a painful recession. Reports of Singapore-based crypto hedge fund Three Arrows Capital plunging into liquidation rocked crypto markets. Bitcoin dropping below the 200-Week Moving Average too dampened investor sentiment. Overall […]

On Monday (June 27), crypto analyst Will Clemente, who is Lead Insights Analyst at Blockware Solutions, took a closer look at the Bitcoin price. Clemente, who was using data from blockchain data and intelligence platform Glassnode, was basing his claim on the fact that the Mayer Multiple is currently around […]

Markets worldwide on Tuesday moved up amidst China relaxing quarantine restrictions. Markets also eyed the ECB Forum on Central Banking for cues on central bank thinking. Equity markets in Asia and Europe rallied. The Wall Street Futures are in positive territory. The Dollar Index retreated, albeit marginally amidst hawkish comments […]

Shares of Scorpio Tankers Inc. (STNG) are up more than 6% Monday morning at $37.17, continuing its upward journey since last Friday. Scorpio Tankers provides marine transportation of petroleum products. Last Thursday, Scorpio had announced that Robert Bugbee, its President purchased 50,000 shares of the company in the open market […]