Michael Saylor Steps Down as MicroStrategy CEO to Focus on Bitcoin Acquisition Strategy

Michael Saylor Steps Down as MicroStrategy CEO to Focus on Bitcoin Acquisition Strategy

Cloud software company MicroStrategy has announced that Michael Saylor, a Bitcoin maximalist who has served as the company’s chief executive officer since 1989, will step down as CEO and transition to a new role of executive chairman to focus even more significantly on the firm’s Bitcoin holdings. Phong Le, the…

Bitcoin, Most Cryptocurrencies Bounce to Recovery, Stablecoins See Small Dips

Bitcoin, Most Cryptocurrencies Bounce to Recovery, Stablecoins See Small Dips

Bitcoin on Wednesday, August 3, opened with small losses. As per Indian exchange CoinSwitch Kuber, Bitcoin values hovered around $24,290 (roughly Rs. 19 lakh) after incurring a loss of 1.36 percent. On international exchanges, BTC recorded price fluctuations of about 0.13 percent to trade around the mark of $22,885 (roughly…

BTC, ETH Retain Pumped Prices Despite Minor Dips as Crypto Chart Reflects More Reds than Greens

BTC, ETH Retain Pumped Prices Despite Minor Dips as Crypto Chart Reflects More Reds than Greens

These last days of July are turning out to be quite the roller-coaster ride for cryptocurrencies, price-wise. After seeing profits almost consecutively in the recent days, the crypto chart showed losses for most crypto assets on Tuesday, July 26. Bitcoin dipped by over three percent to trade at $22,624 (roughly…

Uber Admits Covering Up 2016 Hacking, Avoids Prosecution in US Settlement

Uber Admits Covering Up 2016 Hacking, Avoids Prosecution in US Settlement

Uber Technologies on Friday accepted responsibility for covering up a 2016 data breach that affected 57 million passengers and drivers, as part of a settlement with US prosecutors to avoid criminal charges. In entering a non-prosecution agreement, Uber admitted that its personnel failed to report the November 2016 hacking to…

Bitcoin Prices Hover Around ,500, Majority Altcoins Swell Up With Profits

Bitcoin Prices Hover Around $23,500, Majority Altcoins Swell Up With Profits

For the second consecutive day this week, the crypto price charts recorded more profits than losses. On Friday, July 22, Bitcoin opened trading with gains of over two percent. According to Indian exchange CoinSwitch Kuber, BTC is currently priced $23,757 (roughly Rs. 19 lakh). The reigning coin of the crypto…

Bitcoin, Ether Rise Again Pulling Up Majority Altcoins, Stablecoins See Dips

Bitcoin, Ether Rise Again Pulling Up Majority Altcoins, Stablecoins See Dips

Bitcoin opened with gains on Thursday, July 14, days after being burdened with losses. The oldest cryptocurrency opened trading at $20,993 (roughly Rs. 16.70 lakh) after gaining profits by 2.33 percent on Indian exchange CoinSwitch Kuber. Even bigger gains rained over Bitcoin on international exchanges. On Binance and Coinbase for…

BTC, ETH See Gains After Weeks as It Rains Green on Crypto Price Chart

BTC, ETH See Gains After Weeks as It Rains Green on Crypto Price Chart

The cryptocurrency market, for the first time in weeks, opened with majority coins seeing profits on Friday, July 8. Bitcoin prices touched $22,230 (roughly Rs. 17.60 lakhs) after days of being stuck around the mark of $20,000 (roughly Rs. 16 lakh). As per Indian exchange CoinSwitch Kuber, BTC prices have…

BTC, ETH See Gains After Weeks as It Rains Green on Crypto Price Chart

Crypto Lender Voyager Digital Suspends Withdrawals, Trading, Deposits to Its Platform

Crypto lender Voyager Digital said on Friday it has suspended withdrawals, trading and deposits to its platform and said it is exploring strategic alternatives to preserve the value of its platform. The move comes days after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC)…

Crypto Exchange FTX Is in Talks to Acquire a Stake in BlockFi: Report

Crypto Exchange FTX Is in Talks to Acquire a Stake in BlockFi: Report

Cryptocurrency exchange FTX is in talks to acquire a stake in crypto lender BlockFi, the Wall Street Journal reported, citing people familiar with the matter. The companies had previously announced on Tuesday that BlockFi had signed a term sheet with FTX for a $250 million (roughly Rs. 1,955 crore) revolving…

Roxe Holdings Said to Go Public in .65 Billion Merger Deal With Goldenstone Acquisition

Roxe Holdings Said to Go Public in $3.65 Billion Merger Deal With Goldenstone Acquisition

Blockchain-based payments company Roxe Holdings is nearing a deal to go public through a merger with blank check company Goldenstone Acquisition Limited at a combined valuation of $3.65 billion (nearly Rs. 28,500 crore), according to people familiar with the matter. The deal bucks an unfavorable market environment with cryptocurrencies plunging…