MicroStrategy Plans To Buy Bitcoin Further, After $250M Investment

Microstrategy

Billion dollar business intelligence firm MicroStrategy (MSTR) just made waves with a heavy $250M in bitcoin. Their announcement to shareholders mentioned they may invest upto $250M in the next 12 months. But, just days after the announcement, they went ahead with the plan so quickly. MicroStrategy’s strategic plan mission is to maximize their value for … Read more

Ethereum 2.0 Release Date of November 2020 Achievable

Ethereum 2.0 Release Date

Ethereum 2.0 release date is still the same November 2020 goal, as per an update from Ethereum Dev Raul Jordan. This is a much needed and much delayed improvement to Ethereum blockchain. Raul Jordan, Ethereum 2.0 dev, with Ethereum infra builder Prysmatic Labs sums up latest updates on the Ethereum 2.0 roadmap in a blog … Read more

Coinbase IPO 2020 : Marc Andreessen Joins Coinbase Board

Coinbase Ipo 2020

Coinbase IPO 2020 looks to be a close reality with the latest board reshuffle. Cryptocurrency exchange Coinbase now boasts Crypto Angel Mr. Marc Andreessen in its board of directors. Andreessen is a well known figure in Crypto space. He is the cofounder of Andreessen Horowitz and silicon-valley VC, that invest as Crypto Venture Capital Companies. … Read more

Yearn Finance Coinbase Pro Launch Coming Soon

Yearn Finance Coinbase

Yearn Finance Coinbase Pro launch is going to happen on 14th September,2020 which is next Monday. $YFI is a well favored governance token that fully powers the Yearn Finance Platform. Yearn.finance is a great platform that performs the role of a yield aggregator in the decentralized finance ecosystem. Coinbase Pro launch on Monday marks another … Read more

Tether On OMG Network Goes Live

Tether On Omg

Tether on OMG network goes live this week. This is an important feature to free up Ethereum layer 1 blockchain until sharding arrives. This move could slash Ethereum blockchain congestion by up to 15%. Tether (USDT) initially announced their plans to integrate with the Omisego (OMG) network around the end of May month. They are … Read more

Coinbase Borrow : Bitcoin Backed Cash Loans

Coinbase Borrow

Coinbase Borrow helps retail customers in US to get cash loan for their collateral in Bitcoin. You can avail loans upto 30% of your bitcoin holdings. The lending feature in Coinbase Product is going to come this Fall.  HODL your Crypto with Coinbase, make profits on your loan and repay the loan to get back … Read more

MicroStrategy Buys Bitcoin for $250M as part of capital allocation strategy

Microstrategy Buys Bitcoin

MicroStrategy buys Bitcoin for a huge chunk of $250 Million. MSTR has become the first ever public listing giant to buy bitcoin.  Micro Strategy does it as part of strategic capital allocation process. MSTR declared that it has bought 21.4K bitcoin, with a current valuation of $250 million. Bitcoin has fought through ups and downs … Read more

Goldman Sachs StableCoin Cryptocurrency May Become A Reality Soon

Goldman Sachs Stablecoin

Goldman Sachs Stablecoin Cryptocurrency is the talk of the town! Goldman Sachs is sensing demand from its institutional clients. It may venture into launching its own cryptocurrency, which will be a stablecoin with 1:1 peg to the USD fiat currency. Stablecoin has the advantage of maintaining a constant value in USD. Similarly, it uses block … Read more

Simplify Tax On Crypto Staking Rewards – Congress

Tax On Crypto Staking Rewards

Congressional Delegates puts in a request with IRS urging them to Simplify Tax On Crypto Staking Rewards. They want the policy to not be an obstacle to proof of stake technology. Similarly, it asks to clarify the Internal Revenue Service stance and simplify tax on Crypto Staking rewards. What is Congressional Lawmakers opinion on Crypto … Read more

Bitcoin Equals Netflix AT&T In Market Capitalization

Netflix

Bitcoin is definitely the numero uno cryptocurrency measured by market capitalization and there has been no change on this for a decade since Bitcoin’s genesis. Now, Bitcoin has the same level of market capitalization as Netflix and ATT. But, some people still call it a scam or don’t understand it completely even after a decade … Read more