US-based software developer MicroStrategy CEO Michael Saylor has once again questioned the regulatory status of ethereum (ETH), arguing that it can be best classified as digital security. On the other hand, he insisted that there is no doubt that bitcoin (BTC) is a digital property, and thus not subject to regulatory headaches….
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________…Read More: YouTube NFTs, MicroStrategy to Keep Buying Bitcoin + More News…
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Hayden Adams. Source: A video screenshot, Youtube/Fluidity Hayden Adams, the creator of major decentralized exchange Uniswap, said that American banking giant JPMorgan Chase closed his banking accounts with “no notice or explanation.” “I know many individuals and companies who have been similarly targeted simply for working in the crypto industry. Thanks for making it a personal,” Adams tweeted….
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MicroStrategy was trying to avoid claiming BTC impairment losses that would shrink the company’s reported value….
Continue reading on https://decrypt.co/91007/sec-rejects-microstrategy-bitcoin-accounting-mstr-shares-hit-1-year-low
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US-based software developer MicroStrategy has adopted its strategy to heavily invest in bitcoin (BTC) in a bid to survive in a tech market dominated by significantly bigger competitors, according to Michael Saylor, the company’s CEO. He also confirmed his holder stance, declaring that his firm was “only acquiring and holding bitcoin”….
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The total use of energy for Bitcoin (BTC) mining is “inconsequential,” and it is “rapidly becoming more efficient,” MicroStrategy CEO Michael Saylor said, as the mining industry is preparing for a hearing in the US House of Representatives this week. Saylor was speaking during a quarterly briefing by the Bitcoin Mining Council (BMC) on Wednesday….
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________…Read More: Crypto Paradigm Enters Citadel, JPMorgan Clients on Bitcoin Price + More News…
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JPMorgan analysts said that “Ethereum is currently in an intense race to maintain its dominance in the application space.”…
Continue reading on https://decrypt.co/89906/ethereum-devs-dismiss-jpmorgan-warning-end-defi-dominance
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The dominant position enjoyed by Ethereum (ETH) in decentralized finance (DeFi) will increasingly be challenged by other blockchain protocols until a scaling solution for the network is implemented next year, according to a private note by analysts at investment bank JPMorgan….Read More: Ethereum’s Position as DeFi Leader Challenged by Terra, BSC, Solana, Avalanche – JPMorgan…
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A bitcoin (BTC) price of USD 100,000 could become a reality if the cryptocurrency continues taking market share as a store-of-value asset from gold, according to a note from Goldman Sachs. Meanwhile, Bloomberg analyst Mike McGlone argues that 2022 could be the year gold shines again….Read More: Bitcoin Could Reach USD 100K in Five Years If It Takes on Gold – Goldman Sachs…
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