MicroStrategy's Bitcoin buys clock $17B profit

Of all the developments in blockchain technology over recent years, enterprise adoption has perhaps been the most anticlimactic. As the initial coin offering bubble started to inflate during 2017, blockchain entrepreneurs and commentators alike were hyping the technology as a solution for almost every industry and business problem in existence. Fast-forward to 2020, and progress in…

Australian financial watchdog, the Australian Securities and Investments Commission (ASIC), has issued a warning on “misleading” Initial Coin Offerings (ICOs) and crypto-asset funds targeted at retail investors.The document was published Thursday, September 20, on ASIC’s official website.According to the release, ASIC has stopped five different ICOs from raising capital since April 2018. This was done…

Bitcoin (BTC) starts a new week in risky territory as sell-offs from whales mark a change in mood.The latest weekly close has done little to comfort nervous traders as a pause in “up only” BTC price activity continues.With just two weeks to go until the yearly candle concludes, the countdown is on — together with

Finance Redefined is Cointelegraph's DeFi-centric newsletter contextualizing major events in the previous week. Subscribers receive a copy every Wednesday.Editor's NoteThis is one of those weeks where it’s hard to find a central topic for this newsletter. There weren’t any big scandals or releases, more like a slow grind with a few projects launching new features,…

Bitcoin (BTC) has been stuck in a narrow range for the past several days. A minor positive is that the range has formed near the recent local high. This suggests that the bulls are not rushing to the exit as they anticipate another leg higher.Bitcoin’s consolidation has pulled its market dominance to 48% from over…

In a recent study, it was found that the artificial intelligence (AI) chatbot ChatGPT has constraints in providing locally tailored information on environmental justice issues. Virginia Tech, a university in the United States, has published a report outlining potential biases in the artificial intelligence (AI) tool ChatGPT, suggesting variations in its outputs on environmental justice

Bitcoin (BTC) and select altcoins broke above their immediate resistance levels but are struggling to sustain the higher levels, indicating that bears are not ready to give up.It is speculated that the spike in Bitcoin’s price on March 22 may have been caused by reports that Terra had sent 125 million USDT to Binance on…

Africa is the home to 1.2 billion people and what has been described as the world’s largest trade area — the African Continental Free Trade Area. Africa is forging a new path to driving development, and access to financial services will play a significant role in its economic growth. The need to provide improved systems…