MicroStrategy CEO claims to have “thousands” of executives interested in BitcoinBTC $32,233 (+0.9%) • ETH $1316 (+6.8%) • DOT $17.73 (+0.4%)
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Bitcoin has become a bit of a phenomenon on Wall Street and in the corporate world over the past few months. It began in August when MicroStrategy bought Bitcoin with money from its treasury, showing the world that yes, BTC can be a long-term investment and store of value. This was followed up with Square, then, more recently, a series of smaller companies and even Wall Street funds that have opened their eyes and ears to what is going on in the crypto space. Compared to before, there are now hundreds of millions, though probably more like billions, in the crypto-asset space that has been siphoned in by institutional players. But it may not be done yet, according to Michael Saylor, CEO of MicroStrategy. Ad 📈 Buy 80+ Different Coins at True Cost. No fees, No markups. Trending … 🚜 DeFi Tokens • 🔮 Oracle Tokens • 📈 Biggest Gainers • 💵 Stablecoins More news ⏬Grayscale adds $120 million worth of Bitcoin to its coffers amid continued institutional interestBitcoin has seen some volatility over the past few weeks. There’s a massive 32,000 Ethereum sell wall at $1,250 stopping bullish price actionBoth Bitcoin and Ethereum have entered periods of consolidation over the past two weeks despite attempts by both to break above and below their respective medium-term price ranges. After brief cheers, U.S. banks are back to bashing Bitcoin againSome US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year. Tezos (XTZ) price surges following DAO framework announcement and Grayscale rumoursNew York-based tech company TQ Tezos has announced Homebase—a new project that allows Tezos (XTZ) users to easily set up and interact with decentralized autonomous organizations (DAOs) to establish a community governance structure. Ampleforth-like Bitcoin rebasing token DIGG drops: crypto stimulus checksThe latest crypto stimulus (or DeFi stimulus check, to be more accurate) has just dropped. MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bagsThey say dips are for buying, and that’s the approach being taken by one NASDAQ listed software firm. You can now earn Zilliqa (ZIL) from CryptoSlate via a quiz on TelegramYou will now be able to earn tokens of the high-speed blockchain app via answering quizzes on our Telegram channel. What can invalidate the short-term bear scenario for Bitcoin?The price of Bitcoin is showing strong momentum as it recovers above $33,000 following a relatively large correction on January 12. The value of Cardano’s treasury reaches $100 millionAs the price of ADA reached $0.38, the value of the tokens locked in Cardano’s treasury briefly surpassed $100 million. Here’s why the Energy Web Foundation thinks Bitcoin will see a massive rise in 2021
Self-sovereignty and decentralized energy would be on the uptrend as well, the foundation’s co-founders said. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🗞 Got a story tip? Email tips@cryptoslate.com 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 the content within this article.
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