MicroStrategy Inc. lost money in the fourth quarter after taking a $146.6 million charge to write down the value of its Bitcoins. When the U.S. Securities and Exchange Commission said in January that it couldn’t remove Bitcoin’s wild price swings from the unofficial accounting measures the company had been using to show investors how well it was doing, the company …
Crypto
During the $500 Billion Crypto Market Crash, MicroStrategy purchased $25 million worth of Bitcoin
MicroStrategy, the data analytics company run by billionaire cryptocurrency fanatic Michael Saylor, announced its latest big investment in bitcoin on Tuesday morning. This is the fourth time the company has made a huge bet on bitcoin, even as the SEC is cracking down on how the company has reported operating profits in the wake of bitcoin’s recent price crash. Between …
Crypto Follow Stock on Early Week Recovery
Solana (+17.30%) and ETH (+9.76%) lead the rise on crypto top 100.
Turkish blockchain provider Bitci is seeking to establish local crypto exchanges in Brazil and Spain in a bid to lure local crypto investors.
Extreme Fear Still on Fear & Greed Index for Crypto Sentiment
Extreme Fear Still on Fear & Greed Index for Crypto Sentiment. ADA and XRP lead the drop. Slow market on Monday and crypto failed to have some correction/rebound.
US DEPUTY TREASURY SEC. ADEYEMO: NEW CRYPTO RULES ARE COMING AS SOON AS POSSIBLE.
Bloody Red Carpet on Crypto Floor
Yes, all red on top 100 market cap cryptocurrencies.
BANK OF KOREA HAS COMPLETED ITS FIRST PHASE OF DIGITAL CURRENCY PILOT
It’s CBDC guys, central bank digital currency, not the alt coin. Live heatmap: crypto heatmap The Bank of Korea has successfully completed the first phase of its central bank digital currency mock testing started in August 2021. The South Korean central bank said that the first phase of its CBDC mock testing was completed in December while the second phase …
BITCOIN BRIEFLY FALLS BELOW $34,000 FOR FIRST TIME SINCE JULY 2021, DOWN 6% ON DAY
Live Chart: BTCUSD Chart by TradingView
U.S. SEC REJECTS MICROSTRATEGY’S BITCOIN ACCOUNTING STRATEGY
Snake oil accounting department, how may I help you?