American software firm buys up $250 million in Bitcoin, stock jumps 10%BTC $11,572 (+2.2%) • ETH $387 (+2.9%) • XRP $0.28 (+0.1%)
Nasdaq-listed American enterprise software firm Microstrategy said it purchased over $250 million in Bitcoin this year, an announcement that pumped its stock prices up by 10 percent. As per a release Tuesday, Microstrategy said Bitcoin is now a cornerstone of its financial strategy in the coming years, especially as the US battles with the ill-effects of the coronavirus pandemic and the risks of over-inflation. More news ⏬Bitfinex traders are longing Tezos (XTZ) in record numbers as price flirts with $4
Ever factoring in the 12 percent correction Tezos has seen in the past day, the cryptocurrency is one of the top-performing in the past week. Thanks to our premium sponsors⭐️ CryptoAltum - CryptoAltum is a leading trading platform with a special leaning towards digital assets. Its mission is to make crypto trading easy and accessible to everyone. ⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Debate about Ethereum’s supply is no better than Roubini bashing Bitcoin: Andreas Antonopoulos
Aside from DeFi, the debate about Ethereum’s current circulating supply has been the most-discussed topic on Crypto Twitter over recent days. What is Yam? The YFI-AMPL clone with lures of 10,000% returns
Yam, a new DeFi project put together in ten days with no audit, guaranteed risks, and never-seen-before returns locked upwards of $180 million hours after launch on August 11. Here’s what on-chain data is saying about Band Protocol’s 30% decline
Band Protocol (BAND) has been garnering significant attention over the past few weeks due to its intense rally that sent it from the lower-$4.00 region in early-August to highs of nearly $18.00 that were set earlier this week. Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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