Bitcoin soars to all-time peak just shy of $112,000

[ad_1] Bitcoin climbed to an all-time high near $112,000 late on Wednesday, bolstered by an increased risk appetite and persistent institutional demand as traditional financial market players embraced the world’s largest cryptocurrency. It touched a record peak of $111,988.90 and was last up 0.4% at $111,259. Since the beginning of the year, bitcoin has advanced […]

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Weekly Crypto Roundup: new rules, severe report cards, and yet more hacks

[ad_1] Mainstream companies and regulators are feeling the ripples coming from the crypto industry Mainstream companies and regulators are feeling the ripples coming from the crypto industry As several crypto firms reported falling revenues in the second quarter of 2022, a growing number of traders are facing the ripple effect of the meltdown spreading from the […]

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Michael Saylor steps down as CEO of MicroStrategy as losses widen

[ad_1] Net losses was at $1.062 billion this quarter compared to $299.3 million for the second quarter of 2021 Net losses was at $1.062 billion this quarter compared to $299.3 million for the second quarter of 2021 The American business intelligence company MicroStrategy has announced that Michael Saylor, will be stepping down as CEO and […]

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‘Bitcoin’s current volatility is irrelevant’, says MicroStrategy’s Michael Saylor

[ad_1] MicroStrategy CEO Michael Saylor is an avid Bitcoin supporter. For him, Bitcoin’s volatility is irrelevant once you understand its fundamentals and how difficult it would be to create something better. “Bitcoin is the most certain thing in a very uncertain world, it’s more certain than the other 19,000 cryptocurrencies, it’s more certain than any […]

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