Microstrategy’s executive chairman, Michael Saylor, sees bitcoin as “the strongest asset.” He believes that capital is going to keep flowing from other asset classes, such as gold and real estate, into bitcoin because the cryptocurrency is “technically superior to those asset classes.” He emphasized that bitcoin is an exit strategy and Microstrategy has no plan […]
Bitcoin Has Become World’s ‘Most Popular Investment Asset,’ Says Microstrategy Chairman
Microstrategy’s executive chairman, Michael Saylor, has explained why bitcoin has become “the world’s most popular investment asset.” He noted that following the rebalancing after the launch of spot bitcoin exchange-traded funds (ETFs), the crypto has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming […]
Hacken Links Ripple Chairman Hack to XRP Official Wallet
Following an investigation into the hack of Ripple co-founder Chris Larsen’s personal wallets, Hacken has discovered links to XRP’s authorized wallets. Hacken Investigation Traces Chris Larsen’s Stolen XRP Back to Official Wallets Blockchain security firm Hacken has disclosed connections between the recent $ 112.5 million hack of Ripple co-founder and chairman Chris Larsen’s personal …
Barry Silbert Resigns as Chairman of Grayscale Investments
Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members of the new look board. Preparing for Grayscale’s Next Chapter Barry Silbert, the founder and CEO …
CFTC Chairman: Many Crypto Tokens Are Considered Commodities Under Existing Laws
The chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has stated that many digital assets are considered commodities under existing law. Behnam urged the U.S. Congress to hasten the process of establishing a regulatory regime for cryptocurrency. He also emphasized that he and Gary Gensler, the U.S. Securities and Exchange Commission chairperson, “get […]