I've been mining for a while now, would like to move my RVN into an exchange so I can cash some out, but I live in TX. Binance.us is unavailable here and I have no idea what other exchanges allow RVN deposits. Crypto.com only allows buy/sell. Any help would be greatly appreciated! submitted by…
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I saw a transaction using legacy, pre eip1559 transaction on etherscan, that etherscan shows getting charged gas usage amount * gas price of 300 gwei, despite base fee being 80 gwei. Dont understand whats happening, is that amount getting burned, or used as part of the priority fee? submitted by /u/lbn349 [link] …
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MicroStrategy has once again doubled down on its bitcoin holdings with another purchase. This time around, the company spent almost $100 million to add more BTC to its mammoth holdings. The company which has been buying bitcoin since 2019 has stuck to its promise to invest heavily in the digital asset and has been the only company to continue buying through the dips. MicroStrategy Buys More Bitcoin MicroStrategy announced that it has bought more bitcoins to add to its balance sheet. The publicly listed company had bought a total of 1,914 BTC between December 9th and 29th. Each of the BTC was bought at an average of $49,229 and the total cost of the bitcoins purchased came out to $94.2 million. Related Reading | Bitcoin Only Works For The Wealthy, Senator Elizabeth Warren MicroStrategy’s CEO Michael Saylor, took to his Twitter account to share the news of the purchase with his followers. Saylor who is a vocal bitcoin proponent is one of the reasons the company had begun purchasing the digital asset after he disclosed his holdings to the board and demonstrated his returns. MicroStrategy has purchased an additional 1,914 bitcoins for ~$94.2 million in cash at an average price of ~$49,229 per #bitcoin. As of 12/29/21 we #hodl ~124,391 bitcoins acquired for ~$3.75 billion at an average price of ~$30,159 per bitcoin. $MSTRhttps://t.co/tNxDwaT8VD — Michael Saylor⚡️ (@saylor) December 30, 2021 The company also published a disclosure that made the sale known. Funds for the recent bitcoin purchase were apparently raised from selling shares of the company, which MicroStrategy has done at various points in the past to raise money for its buying sprees. BTC recovers to $47K | Source: BTCUSD on TradingView.com The Sole Driver Behind Corporate Investing MicroStrategy has made a name for itself as being the public company with the largest bitcoin holdings in the globe. However, lesser-known is the fact that it remains one of the top drivers of institutional investment in the digital asset. Bitcoinist reported that MicroStrategy alone accounted for about 71.4% of all BTC holdings by companies. With its most recent purchase, the company has no doubt pushed this figure even higher, widening the gap between it and other companies who currently bitcoin on their balance sheets. Related Reading | The Year Of Alt Season: Altcoins Dominate Market In 2021 The company has spent about $3.75 billion on BTC in the past two years. This investment has paid off handsomely as the company’s total bitcoin holdings now sit above $6.1 billion, indicating that it has been a lucrative investment for them. The company now holds a total of 124,391 BTC on its balance sheet with its most recent purchase. Its announcement of its bitcoin strategy earlier in the year had prompted other companies such as Tesla, Square, Aker, and Meitu to also disclose their bitcoin holdings. However, MicroStrategy is the only company that has continued to purchase BTC, buying an average of 3,000 BTC per month in the third quarter of 2021. Featured image from Bitcoin News, chart from TradingView.com
IMO tomorrow is going to be a big day for Crypto. Why? Well, because I have a feeling…aka Trust Me Bro. We've seen a lot of big players come into the market this past year. With big players coming in I think we've seen a slow December because the Whales, who made a tidy little…
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Is anyone else going to create an asset or sub-asset personally commemorating that they were present at the time of Ravencoin's first halving? I've been looking forward to this for some time now, and wanted to see if anyone else was planning to do the same. I am just planning on doing this for myself…
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submitted by /u/Fun-Hamster-8457 [link] [comments]
I want to register an ENS address but had a few questions. Hopefully some of you could help me out. I can afford a 3 year registration fee for an 8 letter domain. Since my domain is 5 letters +, that means I'd have to pay around $5 every year after those first 3 I…
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The co-founder of Twitch, Justin Kan launched a gaming-centric non-fungible token (NFT) marketplace called Fractal on December 30. Fractal’s focus is on NFTs with video game utility and the project launched an NFT collection called “Fractals,” a 100,000 unique snowflakes that give users benefits while using the primary and secondary NFT marketplace. Twitch Co-Founder Launches […]
submitted by /u/The_Nutcrack [link] [comments]
Okay so I've been involved with, and learning about crypto for about 6 months now and I still have a lot to learn, but I'm getting there. However here is one thing I don't understand: Here is a coin called PooCoin. Yes, PooCoin. And it's worth $1.40. That's whilst a coin like ADA, one of…
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