Tue, March 31

MicroStrategy Responds to FASB’s Accounting Standards for Crypto

On Monday, MicroStrategy Inc (NASDAQ: MSTR) wrote to the Financial Accounting Standards Board (FASB) in response to the FASB’s proposed accounting rules for crypto assets. In response, MSTR backed the regulators’ push for fair value accounting for Bitcoin and other cryptocurrencies. MicroStrategy claims to have more Bitcoin than any other

May 22, 2023 1 min read

U.S Fed Reserve Officials in Favor of Further Interest Rate Hike

Despite the disastrous debt limit issue, US Federal Reserve officials are considering more rate rises, including the presidents of the Federal Reserve Banks of Minneapolis and St. Louis. The debt limit agreement will affect the price of Bitcoin because the US Treasury will issue government bonds to replenish funds depleted

May 22, 2023 1 min read

U.S Authorities Charge Russian National for $200M Ransomware Exploits

U.S. prosecutors have filed charges against a Russian national who they say was involved in several ransomware scams. That together brought in about $200 million, most of it in cryptocurrency. Hospitals, schools, and even police stations were hit by ransomware attacks. Mikhail Pavlovich Matveev was a member of the Lockbit,

May 22, 2023 1 min read

U.S Presidential Contender Robert F. Kennedy Jr. To Accept BTC Contributions

On the “Nakamoto Stage” at Bitcoin 2023, the Democrat candidate for President of the United States made some bold promises. When asked about his personal experience with Bitcoin, Robert F. Kennedy Jr. pledged to defend Americans’ rights to acquire and use the cryptocurrency if he were elected president. The presidential

May 22, 2023 1 min read

U.S Presidential Contender Vivek Ramaswamy To Accept Bitcoin Donations

Vivek Ramaswamy is the second US presidential contender in 2024 to announce that he would take Bitcoin contributions. Saying, “Give $1,” Ramaswamy said that he would take Bitcoin contributions. This news broke just two days after Robert F. Kennedy Jr. made history by becoming the first U.S. presidential contender to

May 21, 2023 1 min read

U.S Won’t Support Debt Settlement for Crypto Investors as per President

President Joe Biden said at the G7 summit that he had discussed the need for a bipartisan accord with all four congressional leaders before leaving for the trip. Biden has said that the Republican plan is not acceptable. Biden specifically mentioned cryptocurrency while stating that he would not support a

May 21, 2023 2 mins read

Crypto Market Overview: Mixed Performance Among Top-10 Cryptocurrencies

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has witnessed a continuous decline. The trading price of BTC has dropped below the $27K mark. Crypto analysts are suggesting that the trading price of Bitcoin will drop below the $25K mark if it continues to decline. Moreover, the market capitalization

May 21, 2023 1 min read

Bitcoin’s Inscription Fee Share Peaks at 62%

Over this week, Bitcoin has been the talk of the town. However, the transaction fees of Bitcoin (BTC) are getting increased by 26% which is derived from the Inscription transactions. This increase is recorded over trading on 12 days of 10.8% in 111 days, terming a larger relative share.  Inscription

May 20, 2023 2 mins read

OpenAI’s ChatGPT Now Available on Apple iOS in the U.S

Mobile access to ChatGPT is now available on iOS. OpenAI has finally released its famous AI chatbot as an official iOS app, months after the App Store was flooded with illegitimate services claiming to be affiliated with OpenAI. The business claims that the new ChatGPT app will be available for

May 20, 2023 1 min read

Bitcoin Payments Firm Strike Expands Operations in New Countries

On Friday, the Bitcoin payments firm and remittance app Strike said that it is now accessible to download in dozens of more countries, bringing the total number of individuals who can use it to more than 3 billion. Wallet users in India, South Korea, Sri Lanka, and other countries will

May 20, 2023 1 min read
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