Day: August 12, 2020

August 12, 2020

Business Intelligence publicly traded firm MicroStrategy buys 21,454 bitcoin this Tuesday, putting effectively all of its $259 million of its planned inflation-hedging amount into the digital currency. Opening its cryptocurrency buy with an equivalent stock buyback this week, on Tuesday Securities & Exchange Commission filing, a Nasdaq-listed software firm, MicroStrategy, of $1.2 billion, said the […]

Following a crash in both gold and bitcoin (BTC) prices yesterday that sent the much-discussed gold-to-bitcoin correlation even higher, the discussion is now on about what caused the sell-off, and whether a Russian COVID-19 vaccine could potentially be hurting the price of both assets. At the time of writing (09:39 UTC), bitcoin was still down by 2.6% […]

Venezuelan civic chairmen consented to join the administration’s arrangement to extend the selection of Petro in spite of certain districts not having the innovation to deal with it. The Bolivarian Council of Mayors in Venezuela marked the supposed “National Tax Harmonization Agreement” for 305 regions in the nation, including the Petro (PTR) as a way […]