The investment bank says the Ethereum network upgrade may cause Coinbase revenue from staking to surge….
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Michael Saylor’s software company framed the sale as being for “tax benefits,” but its appetite for amassing Bitcoin hasn’t yet waned….
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With Morgan Stanley’s downgrade hamstringing Silvergate shares, the firm’s CEO issued a note to “set the record straight” about the company….
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Analysts at the investment bank have also noted that the stablecoin market is taking a beating….
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“The FTX collapse is an expensive ad for Bitcoin,” said former MicroStrategy CEO and bitcoin (BTC) bull Michael Saylor. In a tweet on Monday, Saylor argued that the only future for the crypto industry that is actually viable is “registered digital assets trading on regulated digital exchanges.”… Read More: Bitcoin Bull Michael Saylor Says FTX Crash Can Benefit BTC – Here’s What He Said…
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Former Microstrategy CEO and Bitcoin bull Michael Saylor believes the fallout of FTX could actually benefit Bitcoin and spark further growth in the crypto industry. Saylor, who joined CNBC’s ‘Squawk on the Street’ last week, said the turbulence and market volatility will benefit Bitcoin and a “handful” of other coins as it will eliminate thousands of useless cryptocurrencies.
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“Now try joke coins like Doge,” said Alex Gladstein after a new tool showed how much Microstrategy could’ve earned if it bought a Bitcoin alternative….
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The bank has teamed up with global index provider MSCI and data firm Coin Metrics to launch a crypto database….
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Bitcoin (BTC) bull Michael Saylor’s company MicroStrategy delivered earnings that fell short of expectations on Tuesday, despite relatively stable bitcoin prices during the quarter. According to the earnings report, MicroStrategy’s quarterly result fell short of the market’s expectations, with earnings falling 2.1% for the quarter to a total of $125.4m. The expectation was that MicroStrategy would post quarterly earnings of $127.
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Major investment bank JPMorgan is exploring a future in “the new web” that would see users “freely traverse across digital realms in a trusted way, all using one digital identity in multiple places.” More precisely, it is exploring the idea of a digital wallet, or a Web3 digital ID offering. It is not clear how far they’ve got in actually developing this solution.
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