Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor. What to know: Investment manager Capital Group, with $2.3 trillion in assets under management, has become a 5% shareholder in Metaplanet. The company is also the second…
A Russian diamond mining firm employee has been jailed for sending crypto to the Ukrainian army. According to the Russian newspaper Izvestia, the unnamed individual was sent to a maximum security penal colony for “providing financial assistance to a Ukrainian…
During a presentation in Orlando on Monday, Saylor told executives to invest in bitcoin instead of bonds, which he labeled as "toxic." What to know: MicroStrategy increased its bitcoin holdings for the tenth consecutive week, buying 2,530 tokens for $243M.…
The South Korean crypto exchange Bithumb has signed a banking partnership with Kookmin (KB), one of the biggest financial providers in the country. Experts say the deal represents a “tectonic shift” in the domestic traditional finance and crypto sectors. Whereas…
When bitcoin typically puts in these many consecutive positive adjustments it has marked near cycle tops and bottoms. What to know: Bitcoin difficulty adjusts positively for the eighth consecutive time in a row as the hashrate rises. The last two…
JPMorgan CEO Jamie Dimon has criticized Bitcoin again, claiming it has no intrinsic value and is often misused by bad actors. He also compared Bitcoin to smoking, saying people may have the right to do it, but that doesn’t make…