MicroStrategy, the leading business intelligence company, continues to captivate the crypto community with its bold Bitcoin investments, as evidenced by its recent quarterly report released for Q4 2023. Emphasizing the above statement, it disclosed a remarkable increase in its Bitcoin holdings alongside a decrease in revenue. The firm’s Bitcoin reserves

Quick Take Binance has overtaken CME as the leading exchange in terms of Bitcoin futures open interest once again. This change in ranking represents the total amount of funds allocated in open futures contracts, which now stands at approximately 105,000 BTC on Binance and roughly 101,000 BTC on CME. The data reveals a key trend:
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Fred Rispoli, senior managing partner at Hodl Law, has shared his updated view on the XRP lawsuit between Ripple and the US Securities and Exchange Commission (SEC) via X (formerly Twitter). This updated prediction comes after the SEC gained a partial victory in the lawsuit. As Bitcoinist reported, the US district court, under Judge Sarah

The decentralized finance (DeFi) ecosystem has hit a significant milestone as the total value of assets locked (TVL) surpassed $60 billion, marking a return to levels last seen in August 2022. According to data from DeFiLlama, the sector surged by an impressive 68% to $60.72 billion from November 2023, when the TVL stood at around
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The future of cryptocurrency regulation in the United States hangs in the balance, caught between the push for stricter controls and concerns about stifling innovation. A recent letter from key members of Congress throws a curveball into Treasury Secretary Janet Yellen’s call for tighter regulations, specifically questioning the effectiveness of the Howey Test, a central

Quick Take According to data from Farside Investors, spot Bitcoin ETFs continued with net inflows on Feb. 6, recording an intake of $33 million. This marks the eighth straight trading day of net inflows. However, the momentum seems to be slowing down. BlackRock IBIT saw its smallest net inflow since its inception, a mere $45
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Software company MicroStrategy is not relenting on its ‘Bitcoin Strategy’ as a recent development suggests. The company’s co-founder, Michael Saylor, revealed that the firm had ramped up its BTC holdings following another acquisition of the flagship crypto token.  MicroStrategy Acquires More BTC Saylor stated in an X (formerly Twitter) post that his company had acquired

Quick Take The integration of the Ordinal Theory protocol, and the consequent use of Inscriptions in the Bitcoin ecosystem, have significantly altered the transaction dynamics over the past year. Since its introduction in January 2023, the total number of inscriptions has skyrocketed, exceeding 60 million, as per Glassnode. Text data is the dominant source of
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Las Vegas-based company is the latest to buy facilities as a way to boost growth before per-block bitcoin mining rewards are cut in half

The new acquisitions will bump up CleanSpark’s Bitcoin mining capacity to 2.4 exahashes per second, says the company.