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A physical meet-up event can sound rare in a world where online communities are moving an impressive amount of money. The Paris Blockchain Week Summit (PBWS) will kick off on April 13th, among other crypto-related events in the city. The event will begin at Palais Brogniart, the former headquarters of the French Stock Exchange. The summit’s organizer wish to bring together a long list of well-known names in the industry, investors, and blockchain enthusiasts. An Exclusive Event for Crypto Enthusiasts…

After weeks of liquidating over $336 million of its Bitcoin holdings, the third richest crypto wallet is back on the market. The non-exchange wallet, whose value only comes behind the wallets controlled by Binance and Bitfinex, acquired 3,241 Bitcoins on April 5th.    Valued at around $145 million, the acquisition happened in two phases. The mystery whale initially purchased 289 Bitcoins, before making an additional purchase of 2,952 Bitcoins. This purchase comes after major sell-offs from the wallet in recent weeks. …

In a recent SEC filing, MicroStrategy stated that it purchased over 4,000 Bitcoin ($BTC) between February 15 and April 4th for $190.5 million. The company used its subsidiary, MacroStrategy LLC, to buy this impressive amount of cryptocurrencies. What does this decision imply for the company led by Michael Saylor? And what should we expect from the future? A Quick Introduction to MicroStrategy and Michael Saylor As a provider of business intelligence (BI), mobile software, and cloud-based services, MicroStrategy Incorporated first…

As many know, El Salvador was the first country to recognize Bitcoin as legal tender in the country’s territory. National President Nayib Bukele is among those who believe that the policy that went into force in 2021 was historic.  While crypto enthusiasts have continuously shown their support for this choice, not everyone was happy with these developments. In the latter category, we should mention some of the policymakers in the United States. The "Accountability for Cryptocurrency in El Salvador (ACES…

Kevin O’Leary – a Canadian entrepreneur and TV personality – explained why crypto mining will “save the world” at Bitcoin 2022. Despite regulatory concerns about Bitcoin’s carbon footprint, the Shark Tank star argues that the network is “good for the earth”. The Right Incentives O’Leary’s keynote speech covered the importance of regulation for crypto, and how it will impact the industry’s growth. He described the SEC as a “minefield” in crypto policy, due to a recent memorandum the commission put…

Nayib Bukele – President of El Salvador – has canceled his scheduled appearance at the Bitcoin 2022 Conference in Miami. That means he won’t be delivering a keynote speech originally slated for Thursday. Many were expecting the President’s appearance, considering his debut as a Bitcoin figurehead at last year’s conference. At the time, he had revealed his decision to make Bitcoin legal tender in El Salvador through a video presentation. However, he issued a letter to the conference today saying…

Starbucks CEO Howard Schultz held a town hall meeting geared at the company's employees on Monday. He took this opportunity to unveil a development he thought would thrill them: cryptocurrency. Schultz is returning to the corporation amid internal problems for his third stint as CEO. He declared that Starbucks would enter the NFT business by year-end at the meeting. The CEO has led the firm for more than two decades until turning over the CEO reins to Johnson in 2017.…

MicroStrategy CEO Michael Saylor has announced another company purchase of the premier cryptocurrency on Tuesday. According to Saylor’s Twitter, MicroStrategy bought exactly 4,167 Bitcoin at $45,714 each. The total purchase cost $190.5 million. This brings the company’s total Bitcoin holdings to 129,218 Bitcoin. Altogether, the company paid an average of $30,700 per coin. That means MicroStrategy owns $5.84 billion in Bitcoin at current prices. On the whole, his Bitcoin investment is up by about $1.9 billion right now. The last…

Elon Musk recently bought a 9.2% stake in Twitter and joined its board of directors to boot. Though it should bear no logical correlation, the tech giant’s favorite cryptocurrency is rising in light of the news. Dogecoin, which Musk has displayed much fondness for, has a tendency to fluctuate in response to his word. Yesterday, Bloomberg revealed that the Tesla CEO had purchased a 9.2% stake in Twitter for $2.89 billion. Twitter’s stock soared 27% after the reveal, now trading…