Moonpay, one of the largest cryptocurrency onramp and offramp providers, has donated $ 1 million to Stand With Crypto, a nonprofit that seeks to rally American voters around the cryptocurrency cause. Moonpay CEO Ivan Soto-Wright stated that the donation made would contribute to creating an innovation-fostering crypto framework by helping choose crypto-friendly officials. Moonpay …
Analysts Stand Firm on $150K Bitcoin Price Forecast Citing ‘a Healthy Cycle’
Global asset management firm Alliance Bernstein’s analysts have reaffirmed their bullish outlook on bitcoin, predicting a rise to $ 150,000 by 2025. They view the recent price correction as a healthy cleanup of market excesses. Additionally, they highlighted the market’s strength, citing significant inflows into spot bitcoin exchange-traded funds (ETFs) and encouraging signs for …
Freenginx’s Stand Against Corporate Limits: Potentially A New Era for WordPress Hosting
The LatestIn a recent development within the world of web servers, the highly regarded service Nginx has undergone a significant transformation. Russian developer Maxim Dounin has made waves by announcing a new fork of the Nginx web server and caching proxy. The new fork is called freenginx. This move is …
Microstrategy Expands Bitcoin Trove, Total Holdings Now Stand at 158,400 BTC
Microstrategy reported a 3.3% increase in total revenues to $ 129.5 million in the third quarter of 2023, even as the company took impairment losses of $ 33.6 million on its bitcoin holdings, according to the firm’s latest financial disclosure. The firm’s founder, Michael Saylor, revealed that Microstrategy purchased an additional 155 BTC …
Bankman-Fried Takes the Stand With a Great Focus on Relying on Counsel and Legal Advice
The former FTX CEO Sam Bankman-Fried testified Thursday without jurors present. Bankman-Fried was questioned by his attorney, Mark Cohen, before the judge. He described FTX senior staff using encrypted messaging, discussed obtaining Alameda’s bank account, and talked about business operations with former general counsel members. Much of the focus was on FTX’s former lawyers and […]