The company’s losses were slight in Q3 thanks to Bitcoin’s stable value. Key Takeaways MicroStrategy reported $727,000 in impairment losses on its Bitcoin holdings in the third quarter of 2022. The company’s Bitcoin impairment losses were considerably higher in other periods and quarters. MicroStrategy holds 130,000 BTC worth $2.5 billion and is the largest public […]
Novice traders are usually drawn to futures and options markets due to the promise of high returns. These traders watch influencers post incredible gains, and at the same time, the multiple advertisements from derivatives exchanges that offer 100x leverage are at times irresistible for most. Although traders can effectively increase gains with recurring derivatives contracts, […]
Key Takeaways Dogecoin has more than doubled over the past seven days. The meme coin received a significant boost from Elon Musk’s acquisition of Twitter. Many speculators are hoping Musk will integrate Dogecoin with Twitter, pushing its price even higher. Dogecoin has become the top-performing major crypto asset after jumping 134% over the past seven […]
Customers can now access non-fungibles on ImmutableX as well as Loopring. Key Takeaways GameStop has launched its NFT marketplace on ImmutableX. The company initially launched its marketplace with support for the competing network Loopring this year. This new support for ImmutableX will allow customers to access top Web3 games and millions of NFTs. GameStop has […]
A $250 surprise rally took place between Oct. 25 and Oct. 26, pushing the price of Ether (ETH) from $1,345 to $1,595. The movement caused $570 million in liquidations in Ether’s bearish bets at derivatives exchanges, which was the largest event in more than 12 months. Ether’s price also rallied above the $1,600 level, which […]
Bitcoin (BTC) rallied on the back of the United States stock market’s 3.4% gains on Oct. 28, with the S&P 500 index rising to its highest level in 44 days. In addition, recently released data showed that inflation might be slowing down, which gave investors hope that the Federal Reserve might break its pattern of […]
Bitcoin (BTC) begins a key week of internal and macroeconomic events still trading above $20,000. After its highest weekly close since mid-September, BTC/USD remains tied to higher levels within a macro trading range. The bulls have been keen to shift the trend entirely, while warnings from more conservative market participants continue to call for macro […]
Key Takeaways Harpie is the first on-chain firewall product that protects users against common attack vectors in crypto. It works by monitoring users’ wallets and intervening in case of an attack by frontrunning malicious transactions and moving their funds to a secure non-custodial vault. While it’s not perfect, it’s one of the most promising offerings […]
Key Takeaways Crypto Briefing spoke with Osmosis co-founder Sunny Aggarwal about the most recent developments in the ecosystem. Aggarwal wants Osmosis and other decentralized exchanges to compete seriously against centralized exchanges. Throughout the conversation he highlighted the many ways in which IBC fostered cooperation across multiple chains, even ecosystems. With a market capitalization of over […]
Bitcoin (BTC) attempted to retake $21,000 on Oct. 29 as weekend trading began on a strong footing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar lurks as BTC price rebounds Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rebounded overnight to local highs of $21,078 on Bitstamp — enough to clinch new […]
