Auto Added by WPeMatico

Crypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor

The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin’s favor.

Continue ReadingCrypto industry ‘destined’ to be BTC-focused due to regulators: Michael Saylor

Bitcoin stays out of fear for 11 straight days as price tips near 24K

Bitcoin's huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock.

Continue ReadingBitcoin stays out of fear for 11 straight days as price tips near 24K

US institutions account for 85% of Bitcoin buying in ‘very positive sign’ — Matrixport

Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin.

Continue ReadingUS institutions account for 85% of Bitcoin buying in ‘very positive sign’ — Matrixport

UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation

On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been…

Continue ReadingUST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation