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MicroStrategy, the business intelligence company, is raising a whopping $563.4 million through a new stock offering. The plan? A big chunk of that cash is earmarked for buying even more Bitcoin. Funding Bitcoin Purchases The company is selling preferred stock at $80 per share. Besides buying more Bitcoin, the funds will also cover general expenses…
A New York bank is being sued after scammers stole $15.5 million from a water and fire utility company’s account. The lawsuit claims the bank was incredibly negligent. How the Heist Happened Garden City Park Water and Fire says a scammer, pretending to be a company employee, emailed First National Bank of Long Island (now…
Is Bitcoin in trouble? Some analysts are worried, while others remain optimistic. Let’s break down the conflicting viewpoints. The Bearish Warning Analyst Kevin Capital spotted a bearish pattern on Bitcoin’s weekly chart – a “bearish divergence” – that mirrors one seen before a major market crash. He’s concerned, calling this the only chart that keeps…
Bitcoin’s price has been a rollercoaster lately! This week alone, it zoomed from around $97,000 to over $106,000 before settling near $102,000. It’s anyone’s guess what will happen next – a big jump past previous highs, or a dip back down? The Long-Term Winner Despite the short-term craziness, the big picture is clear: Bitcoin has…
Ethereum’s price recently jumped from $3050 to $3400 in just a few days, boosting investor optimism. After a period of uncertainty and selling, this price action has analysts predicting further growth. Long-Term Holders are Bullish Data from IntoTheBlock shows Ethereum’s average holding time is a whopping 2.4 years! This suggests strong confidence from long-term investors….
Ethereum’s price has been a bit of a rollercoaster lately. It ended 2024 below $3,500 and didn’t exactly take off in the first month of 2025. This has some investors worried, wondering if it’s time to bail. A Crypto Analyst Weighs In Crypto analyst Ali Martinez recently shared his thoughts on X (formerly Twitter). He…
Dogecoin, Shiba Inu, and XRP all took a nosedive recently, kicking off February with some pretty bad news for investors. Let’s break down what happened. The Big Crash These three cryptocurrencies saw some serious price drops. Dogecoin fell over 6.6% in a week, dropping back to around $0.32. Shiba Inu wasn’t far behind, losing 5.3%,…
Ethereum is looking really good right now, showing strong signs of growth. Analysts are predicting a significant price increase in the coming weeks. A Bullish Expansion Phase Crypto analyst Ted Pillows believes Ethereum is in a bullish expansion phase, following periods of accumulation and manipulation. This means a big price jump is likely. He sees…
Major bank TD Bank recently announced a data breach affecting customer information. A former employee accessed and shared sensitive data between August and December 2022. What Happened? The breach involved the unauthorized access and sharing of customer data, including names, contact information, birth dates, account numbers, and transaction details. The bank has fired the employee…
A popular crypto trader, Credible Crypto, is cautiously optimistic about Solana (SOL), even though it’s seen as an Ethereum competitor. Solana’s Recent Success Credible Crypto, who boasts a large following on X, believes Solana has passed a crucial test. After bouncing back from a key support level between $165 and $190, SOL even hit a…
