Here are the biggest news in crypto last week you might have missed.
MicroStrategy buys 1,045 bitcoin, and Invest Diva explains her crypto confidence.
MicroStrategy, a business intelligence company, has announced that it has purchased an additional 1,045 bitcoin for $414 million. This brings the company’s total bitcoin holdings to 92,189 bitcoins, which are currently worth over $3.3 billion. Invest Diva, a financial educator and entrepreneur, has spoken out in support of cryptocurrency, saying that she is “confident” in the future of the asset class.
Ether rallying ahead of upgrade that will let holders more easily access their crypto.
The price of ether, the second-largest cryptocurrency by market capitalization, has been rallying in recent weeks. This is likely due to the upcoming Ethereum 2.0 upgrade, which is expected to make it easier for holders to access their crypto. The upgrade is scheduled to be completed in 2023.
Dogecoin spikes 25% after Twitter logo swap, and bitcoin miners seek 2023 comeback.
The price of dogecoin, a meme-based cryptocurrency, spiked by 25% on Wednesday after Twitter changed its logo to a picture of a Shiba Inu dog. This is likely due to the fact that dogecoin is often referred to as the “people’s currency” and is seen as a symbol of rebellion against the establishment.
Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital.
Sphere 3D, a bitcoin mining company, has filed a lawsuit against its partner Gryphon Digital Mining. The lawsuit alleges that Gryphon sent $500,000 of Sphere 3D’s bitcoin to an address pretending to be its CFO. Sphere 3D is seeking damages of $10 million in the lawsuit.
The US Department of Justice seizes $2.3 million worth of bitcoin from Hydra Market.
The US Department of Justice has seized $2.3 million worth of bitcoin from Hydra Market, the world’s largest darknet marketplace. The seizure was part of a joint operation with German authorities, who shut down Hydra Market on Tuesday.
The US Securities and Exchange Commission (SEC) charges Ripple Labs with selling unregistered securities.
The US Securities and Exchange Commission (SEC) has charged Ripple Labs, the company behind the cryptocurrency XRP, with selling unregistered securities. The SEC alleges that Ripple Labs raised $1.3 billion by selling XRP to investors, without registering the sale with the SEC.
The Bank of England (BoE) warns that cryptocurrencies are a “threat to financial stability.”
The Bank of England (BoE) has warned that cryptocurrencies are a “threat to financial stability.” The BoE’s Financial Policy Committee (FPC) said that cryptocurrencies are “vulnerable to fraud, manipulation, and other forms of financial crime.”
The International Monetary Fund (IMF) warns that cryptocurrencies are a “risk to financial stability.”
The International Monetary Fund (IMF) has warned that cryptocurrencies are a “risk to financial stability.” The IMF’s Financial Stability Board (FSB) said that cryptocurrencies are “vulnerable to fraud, manipulation, and other forms of financial crime.”
The Financial Action Task Force (FATF) calls for stricter regulation of cryptocurrencies.
The Financial Action Task Force (FATF) has called for stricter regulation of cryptocurrencies. The FATF, an intergovernmental organization that sets standards for combating money laundering and terrorist financing, said that cryptocurrencies are being used to launder money and finance terrorism.
These are just a few of the biggest news in crypto last week. The cryptocurrency market is constantly changing, so it is important to stay up-to-date on the latest news and developments.