Bitcoin is up 55.7% in 2023. However, as part of the market for the market in September, MSTR has dropped 1.4% this month. The good news is that if the past serves as a precedent, this setback could have bullish implications for adjacent stocks to Bitcoin. In recent weeks, Microstrategy stocks have fallen within a […]
Continue Reading
The new US Financial Accounting Standards Board standards for cryptocurrency accounting will remove the “bad optics” that plagued digital asset holding companies, according to Berenberg Cash analysts. On Sept. 6, the US Financial Accounting Standards Board (FASB) approved new cryptocurrency standards regarding how companies report the fair value of their holdings on their balance sheets. […]
Continue Reading
The Bitcoin network was recently clogged with a backlog of over 560,000 unconfirmed transactions. Memory usage topped the 300MB mark, reaching a staggering 1GB. Even transaction fees skyrocketed, reaching over 20 sat/vB at one point. What is the story behind this sudden congestion? Let’s break it down. The culprit appears to be a phenomenon known […]
Continue Reading
We have witnessed a peculiar year for cryptocurrencies this 2023. Until now, Bitcoin has risen 55%. Nevertheless, it has been a slow and regular growth, instead of the typical free peaks and falls. Also, Bitcoin is not at the levels that we are familiar with, but it is not found in the historical minimums. Let […]
Continue Reading
Litecoin is well-known for its unique qualities and is often referred to as the “silver” to Bitcoin’s “gold”. Let us explore the sensational possibilities that Litecoin brings to the forefront of the electronic economy, illuminating how its distinctive features allow it to flourish in this dynamic ecosystem. Charlie Lee invented Litecoin in 2011 and due […]
Continue Reading