“Stacking Sats,” or purchasing small amounts of bitcoin over long periods of time, can pay off.Sats, short for Satoshi, are the smallest subunit of a bitcoin, which is divisible up to eight decimal places. “Stacking Sats” has become a common term in the Bitcoin community for building your holdings by purchasing small amounts of bitcoin at a time.Investing in bitcoin may...
Bitcoin experienced a momentous uptrend this year thanks to the rising demand for the digital currency. The fast adoption of the digital currency by mainstream investors was among the main catalysts behind the unprecedented rally which pushed its value from $11,500 levels just six months ago to the current $ 57,480 valuation. With notable figures such as Elon Musk investing in bitcoin, many...
Key drivers like price, current macro trends and risks indicate that bitcoin is a great investment and possibly the best one available now.Note: This article does not constitute financial advice. Like many, when I first heard of bitcoin, my reaction was “Why would anyone invest real cash in magic internet money?” It was worth zero — backed by nothing. And, like a...
dHEDGE recently announced that crypto influencers RealSatoshi, DataDash, and Flood will be joining its management. As a protocol for the management of decentralized assets, dHEDGE leverages on the Ethereum blockchain to connect globally-renowned investment managers with investors....
Goldman Sachs has restarted its crypto trading desk, specifically Bitcoin futures, Reuters reported today. Goldman Re-Opens...
In the digital age, the ideal brand new currency should have at least these three characteristics:It should be free from the control of any authority so that it cannot be manipulated and printed at will (and devalued), and nobody can tell...
Questions about the value of bitcoin as an investment will likely differ depending on who you ask.Those with a vision of a fully-distributed future in which the lack of a centralized overseer becomes key to an asset’s value will tell you that, yes,...
I know that this advice is easier said than done, but don’t get distracted by the price of bitcoin. We closed last Friday at $56,000 and saw the price reach and all-time high over the weekend, yet the market decided to pull back. This is a feature, not a bug. Remember that bitcoin is a mature asset and the market is in price...
After raising more than $1 billion dollars to buy bitcoin last Friday, MicroStrategy announced today that it has completed a purchase of approximately 19,452 BTC, purchased for an aggregate price of $52,765 per...
Bitcoin, the decentralized digital currency, was established on January 3, 2009 by Satoshi Nakamoto, the pseudonymous developer(s) who pieced together its original source code. Satoshi mined the very first Bitcoin block and received 50 BTC for the work. After that, the decentralized cryptocurrency network was born, and it would begin to grow and spread throughout the world like a virus. Bitcoin’s price has...
In January 2021, Bloomberg Analyst Mike McGlone predicted that the price of bitcoin would hit $50,000 at some point this year. At the time, the value of the leading crypto asset was merely hovering above $30,000, and the $50,000 mark felt a very long way off. Less than a full month later and the cryptocurrency king has not only passed $50,000 — a...
MicroStrategy has announced another convertible bond raise, this time priced at $900 million, in order to buy even more bitcoin. How does this compare to its last bond offering? And why isn’t it going to stop...
This article and headline were updated on February 19, 2021. As Bitcoin hit new all-time price highs over $53,000 and the asset’s market capitalization passed $1 trillion, MicroStrategy CEO Michael Saylor announced on Twitter that his company closed out its convertible note offering to buy more bitcoin and raised more than expected at $1.05 billion, per a...
This article and headline were updated on February 19, 2021. As Bitcoin hit new all-time price highs over $53,000 and the asset’s market capitalization passed $1 trillion, MicroStrategy CEO Michael Saylor announced on Twitter that his company closed out its convertible note offering to buy more bitcoin and raised more than expected at $1.05 billion, per a...
Just one day after CEO Michael Saylor announced that his company MicroStrategy was proposing a private offering of $600 million of convertible senior notes to buy more bitcoin, he announced that the offering will actually be $900 million of notes, according to a...
Gigachad CEO Michael Saylor announced on Twitter this morning that his company, software intelligence firm MicroStrategy, has proposed a private offering of $600 million in convertible senior notes so it can “use the net proceeds from the sale of the notes to acquire additional bitcoins,” according to the press...
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Today, global banking and custodian heavyweight BNY Mellon announced that it is entering the Bitcoin arena with the creation of a “Digital Assets Unit.” The New York-based bank is a custodian of more than $41 trillion in assets and has $2 trillion in assets under management...
This morning, Toronto-based bitcoin lending and saving company Ledn announced a $2.7 million financing round led by White Star’s Digital Asset Fund, with participation from Darrow Holdings, Coinbase Ventures, Global Founders Capital, CMT Digital and Kingsway. The Toronto-based company serves clients in over 100 countries by offering interest-paying savings accounts for bitcoin and USDC, as well as bitcoin-backed loans that provide borrowers with...
Elon Musk’s multi-billion dollar company, Tesla, has purchased an aggregate $1.5 billion of BTC and will begin to accept the cryptocurrency as payment, per a financial performance report filing with the U.S. Securities and Exchange Commission for the fiscal year ended on December 31, 2020. Per the filing, in January 2021 the company updated its investment...
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