MicroStrategy must buy the dip because its reserve of roughly 129,699 BTC is currently experiencing an aggregate value loss of more than $1 billion.
Bitcoin
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Bitcoin
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Litecoin [LTC] saw considerable selling pressure at the start of the week as the bears gained control of the market. The resultant decline has driven LTC near its August support level, putting it in an unstable zone.
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In this edition of CryptoSlate Wrapped Daily, Voyager receives bids from 22 parties interested in purchasing its assets, Algorand upgrades its network mainnet to increase transaction capacity, and much more.
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Michael Saylor revealed that MicroStrategy is developing an in-house Lightning Network solution that will serve over 10 million customers.
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The chairman said that the company is coming up with ways for big businesses to join the Lightning network.
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During a bull market, everyone thinks they're smart, but how should you trade in a bear market?
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Eric Wall, a creditor at Mt. Gox, stated that as of right now, creditors are still unable to specify where the money should be paid.
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The Taliban have finally outlawed cryptocurrency in Afghanistan, although many users and dealers consider this to be one of the 'worst' government choices to date.
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According to Steven Lubka of Swan Bitcoin, the distributed network can aid in encouraging growth in the energy industry, paving the way for a more prosperous future.
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Before Bitcoin can function as an inflation hedge, according to the CEO of Skybridge Capital, it needs to be much more widely used.
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