Why are traders shorting Michael Saylor’s MicroStrategy?

Massachusetts Secretary Bill Galvin has reportedly opened an investigation into Robinhood over its offering of sports-related event contracts. Massachusetts’ securities regulator has reportedly launched a probe over Robinhood’s prediction markets offering that has allowed users to bet on the outcomes for a slew of events, including basketball tournaments.  Reuters reported on March 24 that Massachusetts

No change in central bank policy from Japan caused ruffled feathers in forex markets, but Bitcoin remains tied to a trading zone near two-month highs. 206 Total views 3 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) faced a potentially volatile day on Jan. 18, with multiple macro triggers…

OpenAI joins Google, Microsoft and others in legally backing their users if they face legal action over copyright infringement. 73 Total views 1 Total shares OpenAI says it will cover the legal costs for business-tier ChatGPT users that find themselves in hot water over copyright infringement.OpenAI is calling its pledge Copyright Shield which only covers

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it. 1002 Total views 26 Total shares The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its U.S. dollar-based stablecoin Tether (USDT).Tether issued an official statement on…

"It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” said Maxine Waters. Own this piece of crypto history Collect this article as NFTMaxine Waters, chair of the United States House Financial Services Committee, has called out…

On the final day of his testimony, FTX co-founder Wang discussed talking to the feds and his interpretation of the “FTX is fine” tweet. 76 Total views 1 Total shares Day six of the trial of Sam Bankman-Fried saw the conclusion of former FTX chief technology officer Gary Wang’s testimony and the beginning of former

Rising from its modest minting price of 0.08 Ether (ETH), Bored Ape Yacht Club (BAYC) has climbed to nonfungible-token (NFT) stardom, competing with one of the earliest examples of Larva Labs CryptoPunk NFT. Given its steady but amplified growth, BAYC has many crypto natives speculating that its collection will eventually “flip” CryptoPunks, and there are several…

Alan Greenspan, the former chair of the United States Federal Reserve (Fed), has said there’s “no point” for central banks to issue their own digital currencies.According to a CNBC report on Nov. 11, Greenspan made his comments during the annual economic outlook conference hosted by Chinese financial magazine Caijing.No point in Libra eitherGreenspan’s argument reportedly…