MicroStrategy May Increase or Sell its Bitcoin Holdings in the Future

MicroStrategy has released its Q1 financial report MicroStrategy has 91,579 Bitcoin on its balance sheet at an average entry of $24,311 The report goes on to explain that MicroStrategy may increase or reduce its BTC holdings in the future This statement comes after Tesla sold some of its Bitcoin for $272 million MicroStrategy has released its Q1 2021 financial report in which the company states that it now owns 91,579 Bitcoins at an average cost of $24,214 for each BTC. The company’s CEO, Michael Saylor, went on to explain that…

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Ethereum (ETH) has a 6% Chance of Hitting $5k by June 2021

Ethereum’s chances of hitting $5k by June currently stand at 6% ETH has continued to maintain the $2,700 price area, into options and futures expiry today There is also the monthly close ahead which should be ETH’s last hurdle towards new ATHs On a fundamental level, Ethereum’s market cap has exceeded Paypal’s and could soon exceed Walt Disney’s The number two ranked digital asset of Ethereum (ETH) has a 6% chance of hitting $5k by June of his year. The probability of such an Ethereum event occurring was shared by…

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Shark Tank’s Kevin O’Leary Says ‘Bitcoin Will Always Be the Gold,’ Citing Interest From ‘All Kinds of Institutions’

Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says “Bitcoin will always be the gold,” outperforming other cryptocurrencies, such as ethereum, in the long run. He said “there are interests being brought out of all kinds of institutions” for bitcoin. Kevin O’Leary Bullish on Bitcoin Kevin O’Leary shared his thoughts about bitcoin and ether in an interview with CNBC Wednesday. While acknowledging that ether has been performing well lately, O’Leary insisted: Bitcoin will always be the gold. The chairman of O’Shares ETFs added that “Ethereum will always be…

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Handcash introduce Duro: a universal currency for apps and games

Handcash, Bitcoin payment provider and wallet, are known for tackling difficult user experience problems and have already introduced NFC phone-to-phone, tap-to-pay Bitcoin payments, $handles, Output Bills, NFC backups and a keyless wallet. All those are aimed at removing payment frictions so anybody, even those outside the cryptocurrency space, can use HandCash as an easy-to-operate money […] This Blockchain Press Release: Handcash introduce Duro: a universal currency for apps and games appeared first on Blockchain Press Releases Post source: Handcash introduce Duro: a universal currency for apps and games

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2 key Ethereum price metrics prove pro traders are behind ETH’s new highs

Ethereum futures data suggests that pro traders believe $3,500 ETH is the next stop for the top altcoin. As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise. Some analysts might dismiss Ether derivatives, considering CME’s future has $355 million in open interest compared to Bitcoin’s $2.4 billion. However, Ether contracts were only launched a couple of months ago. Both FTX and Deribit require 100%…

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