Michael Saylor thinks Bitcoin is also superior than gold and real estate. MicroStrategy and its subsidiaries now have almost 130,000 BTC in their possession. Michael Saylor, the founder of MicroStrategy and Bitcoin maximalist, stated that CBDCs are unstable and doomed to fail. Bitcoin is superior, he says, because of its
With a year-over-year increase of 120.9%, Morocco comes in at number two. transaction volume in Egypt tripled compared to the preceding year. Chainalysis reports that between July 2021 and June 2022, MENA consumers saw a 48% increase in crypto transaction volume, reaching $566 billion. Among the eight areas studied, this
Robert Kiyosaki says pension funds are the biggest investment in the world. Kiyosaki stated the pension crisis highlighted central banks’ inability to control inflation. Robert Kiyosaki, the well-known author of the best-selling book Rich Dad Poor Dad, has explained his reason for buying bitcoin. Also, he explained how pension funds
Pre-market trading saw declines of more than 1% for the S&P 500. Non-farm payrolls in the United States for September came in higher than forecast. When the September non-farm payroll report from the U.S. Bureau of Labor Statistics was made public, the price of bitcoin dropped by more than 4
The market cap of cryptocurrencies increased 8.5% ($981M) in Q3. According to the report on the crypto market signaling recovery from the bear market. A market analysis report from DappRadar for the third quarter (Q3), which uses on-chain data, indicates the cryptocurrency market’s recovery from the current bear market conditions.
A surge in new unemployment claims may spark a cryptocurrency bull run. The cryptocurrency market’s future is being set by the state of the economy as a whole. Initial weekly unemployment claims data for this week have been provided by the US Department of Labor. The initial jobless claims increased
New updates for Sage Intacct users provide enterprise grade multi-entity support, automated collections, multi-invoicing, virtual terminal and auto-pay SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Paystand, the global leader in blockchain-enabled B2B payments, today announced a series of upgrades to its Sage Intacct integration. Paystand first unveiled its partnership with Sage in May 2021,
Recent estimates put daily debt growth in 2022 at $5.6 billion. US inflation reached a 40-year high, another factor in the hike in interest rates. The global spread of the epidemic only caused misery for people everywhere. The fight against the deadly coronavirus brought home to millions of people the
Crypto exchange, FTX has listed FTX Dollar Spot Index (FTXDXY) perpetual futures. The US Dollar Index recently crossed the 111 level, currently trading around 110.68. According to the recent announcement from the cryptocurrency exchange, FTX, the platform has added a new perpetual futures contract for the US Dollar Index (DXY)
FSOC Report provokes the mandatory need of crypto regulation in the US The UN forecasts a 2.5% drop in global economic growth this year. The Biden administration and the Capitol Hill, a.k.a the US Congress, are in serious conversation to enforce a crypto regulatory framework in the United States. The
