Author: cointechies
Important points Microsoft shareholders rejected a proposal to add Bitcoin to their balance sheet. This proposal was rejected due to concerns about Bitcoin's volatility. Share this article Microsoft shareholders voted against a proposal to consider adding Bitcoin to the company's balance sheet at its annual meeting. The proposal, published by the National Center for Public Policy Research, proposed diversifying 1% of Microsoft's $78 billion in cash and securities into Bitcoin as an inflation hedge.The company's board had recommended that shareholders reject the move, citing concerns about Bitcoin's volatility and emphasizing Microsoft's preference for stable investments.Michael Saylor, MicroStrategy's executive chairman, made…
Check out the latest information in Spanish. Solana (SOL) has been gaining a lot of attention in the cryptocurrency market after a series of volatile days after hitting a new all-time high on November 22nd. The asset, known for its speed and scalability, is currently in the zone around $220 that could determine its next move. Related books Renowned investor and trader Karl Runeveld shared detailed technical analysis on X, highlighting the giant symmetrical triangle formation that Solana has been tracking since early November. Runefeld said the pattern indicates a period of consolidation before a potentially explosive move. If Solana…
Panama, Panama, December 9, 2024, Chainwire Shironeko achieves historic milestone (WA:) in Memcoin market Shironeko ($SHIRO) was launched and reached a market capitalization of $1 billion on the first day of trading. With this, the team aims to make $SHIRO a standout meme coin and redefine expectations for new launches in this space. White cat index After its launch, Shironeko established a stable floor with a market capitalization between $300 million and $400 million. This retracement can show confidence. White cat adoption indicators: 12,000+ Holders On-Chain: More than 12,000 wallet addresses held $SHIRO on launch day. Listed on 5 exchanges:…
Docs showing Biden admin called on banks to ‘pause’ all crypto activity confirms ‘debanking’ suspicions Fox News
Why did the crypto market plunge overnight: Is the bull run still intact? crypto.news Crypto Market Crash Triggers $1.5 Billion in Liquidations as Bitcoin Drops Below $95,000 Yahoo Finance The Crypto Market Is Doing Something It Typically Only Does 1 Time Per Year — and History Is Very Clear What Happens Next The Motley Fool
U.Today – As the crypto market faces a sell-off, a statement by mysterious creator Satoshi Nakamoto has resurfaced and is attracting the attention of the crypto community. This statement, also echoed by Bitcoin historian Pete Rizzo, emphasizes the concept of scarcity, which remains key to Bitcoin's value proposition. “Satoshi Nakamoto talked about the scarcity of $0 Bitcoin exactly 15 years ago. Only 21 million,” Rizzo wrote while sharing his historic statement on X. A statement from the Bitcoin founders reads: “(Lost) coins can never be recovered. As the effective circulation decreases, the value of all remaining coins will be marginally…
U.Today – A series of corrections and liquidations in the cryptocurrency market caused a significant setback, resulting in a loss of $100 billion in market capitalization. Recent data shows this dramatic decline, with market capitalization falling from $3.82 trillion to $3.62 trillion in a matter of hours. Such a sharp decline is indicative of more general structural issues, primarily related to market-wide overleverage. The major cryptocurrency at the center of this turmoil is . Despite previously showing resilience, its chart now shows it is in a significant correction phase. The psychological $100,000 level turned out to be a strong barrier,…
Check out the latest information in Spanish. Iran has changed its strategy towards digital currencies and decided to regulate rather than limit the cryptocurrency industry. The decision was announced by Minister of Economy and Finance Abdulnasser Hemmati at a national event in Tehran, stating that it aims to minimize the risks associated with cryptocurrencies while maximizing their benefits. Ta. The country's central bank will be responsible for managing all digital assets. From setting the regulatory framework and helping financial institutions adopt digital assets, to monitoring transactions and ensuring compliance, everything is up to central banks. It has already published a…
Important points Polymarket traders predict that Microsoft shareholders are unlikely to support the Bitcoin investment proposal. If approved, allocating 1% to Bitcoin would make Microsoft the 10th largest public company to hold Bitcoin. Share this article Microsoft's shareholder vote on its Bitcoin investment proposal is approaching, but prediction market traders believe the proposal is unlikely to pass.Polymarket investors predict that Microsoft shareholders will not approve the Bitcoin investment proposal, estimating the chance of a positive vote being only 11%. Support for the party initially peaked at 22% when the poll began, but has since declined.The much-anticipated vote will take place…
The Real Altcoin Season Is Coming In 2025 Forbes