Equities slip lower as cryptocurrencies inch higher: This week in markets

Cryptocurrencies traded marginally higher over the last week, despite a robust jobs report. The U.S. added 263,000 new jobs in September, above expectations of 255,000 and below the previous month, wh...

MicroStrategy making new bitcoin play, developing Lightning Network-based Saas platform

MicroStrategy appears to be moving beyond just holding bitcoin as the firm searches for a bitcoin lightning engineer.  The software company is looking for an engineer to build a Lightning Network-base...

MicroStrategy’s Michael Saylor Sued for Alleged Tax Fraud in Washington, D.C.

By Vicky Ge Huang and Richard Rubin Aug. 31, 2022 6:17 pm ET Listen to article (2 minutes) The District of Columbia attorney general sued Michael Saylor, the founder and chairman of software intellige...

MicroStrategy holds the course on bitcoin strategy despite change in leadership

Michael Saylor is stepping down as CEO of MicroStrategy on August 8, but the firm says its outlook on bitcoin will not change — despite huge losses related to digital assets in the second quarter. The...

Michael Saylor to step down as MicroStrategy CEO, shift to executive chairman role

Michael Saylor is set to step down as CEO of MicroStrategy and assume a new role as executive chairman, the company’s earnings report revealed Tuesday. The firm, which holds more than 129,699 BT...

Former Crypto Billionaire Insists Bitcoin Will Soar To $250,000 Within Next 18 Months

Bitcoin investor Tim Draper believes the cryptocurrency is primed for an epic turnaround. His billionaire status depends on it. Roger Kisby/redux Venture capitalist Tim Draper thinks cryptocurrency is...

With His Bitcoin Bet, Michael Saylor Mistook ‘Scarcity’ For An Inflation Hedge

Argentina has a population of 45 million, while Switzerland can claim roughly 8.6 million citizens. Where it gets interesting is that the Swiss franc is one of the world’s most circulated currencies, ...

MicroStrategy’s Bitcoin Wager Has Turned Into A Losing Bet

Bitcoin getty MicroStrategy MSTR embarked on a strategy of using its cash and then debt to buy alternative assets when it announced its June 2020 quarter results on July 28, 2020. Over almost two year...

Cryptos Break Down Below Previous Support, Then Bounce: Bitcoin, Ethereum, XRP

Going down to support. getty That spot on the price chart where “down” stopped and “up” began, some weeks or months ago, is known to analysts as the support level. Enough investors came in as buyers a...

What You Should Know Before Investing In Fidelity’s Bitcoin Retirement Accounts

NEW YORK CITY, NY, UNITED STATES – 2020/02/17: A view of an american multinational financial services corporation Fidelity Investments logo. (Photo by Alex Tai/SOPA Images/LightRocket via Getty ...

Cathie Wood And Michael Saylor Take A Victory Lap Over Bitcoin Skeptics Coming Around

MicroStrategy CEO Michael Saylor and Ark Invest CEO Cathie Wood Bitcoin 2022 Taking the stage at the Bitcoin 2022 conference in Miami, MicroStategy CEO Michael Saylor and Ark Invest CEO Cathie Wood ar...

‘Market Is Not Quite Ready’—Bitcoin Billionaire Issues A Serious Crypto Warning As The Price Of Ethereum, BNB, Solana, Cardano, XRP And Luna Suddenly Crash

Bitcoin and cryptocurrency prices have bounced back this week, riding a wave of positive news even as researchers warn of crypto thefts. Subscribe now to Forbes’ CryptoAsset & Blockchain Adv...

Billionaire Saylor’s MicroStrategy Bought $25 Million In Bitcoin During Last Month’s $500 Billion Crypto Market Crash

Topline MicroStrategy, the data analytics firm helmed by billionaire cryptocurrency bull Michael Saylor, announced its latest big investment in bitcoin on Tuesday morning, yet again doubling down on i...

SEC Objects To MicroStrategy Accurately Valuing Its Billion-Dollar Bitcoin Stash

MIAMI, FLORIDA – JUNE 04: MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention (Photo by Joe Raedle/Getty Images) Getty Images What Happened MicroStrategy has been purchasing b...

These Ten Crypto Billionaires Have Lost $27 Billion Since Bitcoin’s Peak In November

The fortunes of the wealthiest Bitcoin, XRP and other crypto investors and entrepreneurs have imploded along with the value of digital assets. The worst may not be over.  Bitcoin has fallen nearly 50%...