MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase

As a researcher with a background in finance and technology, I find MicroStrategy’s aggressive Bitcoin acquisition strategy fascinating. The company’s latest quarterly report shows that it bought an additional 122 BTC in April for $7.8 million, increasing its holdings to 214,400 BTC. This represents a significant investment in the world’s largest cryptocurrency and underscores MicroStrategy’s … Read more

Bitcoiners Fuming as Testnet Saboteur ‘Spoils the Jacuzzi’

As an experienced analyst in the Bitcoin space, I strongly condemn the actions of the individual who disrupted the testing process on the Bitcoin testnet. Francis Pouliot’s frustration is justified, as this person’s stunt caused significant damage to the efforts of open-source application builders, wasting their valuable time and resources. Bitcoin‘s testnet community is outraged … Read more

Hong Kong Bitcoin ETFs Offer Competitive Edge Over US ETFs

As a researcher with a background in finance and a strong interest in the cryptocurrency market, I find Hong Kong’s Bitcoin ETF launch to be an exciting development that sets it apart from its US counterparts. The in-kind subscription model adopted by Hong Kong is tax-efficient and minimizes the risk of bankruptcy-related selling, which fosters … Read more

Terraform Labs Challenges SEC’s $5.3 Billion Penalty Demand

As a seasoned crypto investor with a few scars on my forehead from past market volatilities, I’m closely following the legal battle between Terraform Labs and the SEC. The proposed $5.3 billion fine is an unprecedented figure in the crypto space, and as an investor, I can’t help but feel uneasy about the potential implications … Read more

Trust Wallet Restored on Google Play Store After Removal

As a long-term crypto investor with experience in using various wallets, I can’t help but feel a mix of relief and unease after the temporary removal of Trust Wallet from the Google Play Store. Relief because it was quickly restored, and unease due to the ongoing concerns about its security. A crypto wallet service approved … Read more