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The current crypto market bull run has proven particularly lucrative for MicroStrategy’s CEO, Michael Saylor . Saylor, who is the former CEO of MicroStrategy, owns a 12% stake in the company.  MicroStrategy has always been a Bitcoin-centric company, boasting a portfolio of nearly 193,000 Bitcoins. Lauded for his Bitcoin investing prowess, Saylor’s accurate Bitcoin Analysis has fetched him millions in the latest Bitcoin bull run.  Also Read: MicroStrategy Bitcoin Investment Now at $4.65B Unrealized Profit Michael Saylor Earned Millions In The Latest Crypto Bull Run Source – TheStreet According to CNBC, Microstrategy’s former CEO has netted approximately $700 million in profits.  The profits have been accumulated through a three-day crypto market surge and a hike noted in MicroStrategy’s stock price.  Microstrategy, being a heavily Bitcoin-centric firm, derives its stock value from its BTC reserves. As Bitcoin documented a ...

Starting off on March 1 are events such as the fee switch proposal for Uniswap. March 13 will witness the long-awaited launch of the Ethereum Dencun upgrade. March 16 will feature a staggering unlock of $2.2 billion Arbitrum tokens. Crypto researcher Layergg has compiled a comprehensive calendar of critical events happening in the crypto space throughout March 2024. The compilation shows a plethora of events and developments scheduled throughout the month, suggesting busy and exciting days ahead for the crypto community. ️2024 Crypto March Calendar Mark your Crypto events! 1 Mar : $UNI – Fee switch proposal starts 1 Mar : $CELO – L2 Migration details 4 Mar : $MNT – $30M Ecofund proposal ends 4 Mar : $JUP – LFG Launchpad Voting 5 Mar : $TRUMP – U.S. Super tuesday 6 Mar : $FXS – $FXTL Airdrop… pic.twitter.com/6SAaR9GpkH — Layergg (@layerggofficial) February 29, 2024 Starting off on March 1 are events such as the fe...

Over the last several months, the Nigerian naira (NGN) has intensified its years-long downward trend against the United States dollar (USD), recently plummeting to a new record low as the country suffers foreign-currency shortages and despite its central bank’s efforts to counter the problem. Indeed, the national currency of Africa’s largest economy “is falling to new all-time lows against the US Dollar,” exacerbating the trend that has been steadily happening for nearly a decade, according to the chart data shared by the markets analytics platform Barchart in an X post on February 29. Nigerian Naira vs. US Dollar. Source: Barchart NGN/USD analysis As it happens, the Nigerian naira has continued to weaken versus the US dollar, as its price in USD fell to $0.000632 on February 28 and continued to decline further toward $0.000573, where it stood at the time of publication, according to the most recent chart information. Picked for you ‘Rich Dad’ R. Kiyosaki lauds Bitco...

Hundreds of millions of dollars worth of liquidations are hitting the crypto markets as Bitcoin (BTC) touches the $64,000 level for the first time since late 2021. New data from market intelligence platform Coinglass reveals that during the last 24 hours, traders saw over $638 million worth of liquidations – the majority of them being short positions. The flagship digital asset itself saw a staggering $185.62 worth of derivatives contracts evaporate at time of writing while others such as leading smart contract platform Ethereum (ETH) and dog-themed meme asset Dogecoin (DOGE) saw $77.53 million and $31.62 million, respectively. Other notable crypto assets that saw significant liquidations during the last day include ETH rival Solana (SOL), which saw $10.17 million and memecoin Pepe (PEPE), which saw $11.91 million worth of contracts disappear. According to the data, most of the liquidations happened across four different centralized crypto exchange platforms, in...

The BRICS alliance turned from a 5-member group to a 9-member bloc this year in 2024. BRICS is looking to create a paradigm shift in the global financial sector where developing countries usher into a new world order. BRICS is aiming to create a parallel economy away from the US dollar where local currencies thrive. This vision is attracting other developing countries as BRICS promises to strengthen native economies and local currencies. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: BRICS To Take Loans in Chinese Yuan, Ditch US Dollar 25 Countries Waiting To Join BRICS Source: Getty Images South Africa’s Ambassador to Russia, Mzuvukile Geoff Maqetuka confirmed that 25 new countries are on the waitlist to join BRICS. The decision to induct a new round of nations into the bloc will be taken at the next summit in October 2024. The 16th summit is scheduled to be held in the Kazan region of Russia. Also ...

Earlier this week, Ripple’s XRP saw a modest uptick of 1.53%, rebounding from a minor decline the previous day to close the session at $0.5510. As of the latest update, XRP is currently trading at $0.5531, reflecting a daily increase of 2.52%. Bitcoin (BTC), the leading cryptocurrency, surged to a session peak of $57,000 before retracting slightly below $54,500. At present, BTC is valued at $56,216.29, following a noteworthy 10% daily upswing. This surge in Bitcoin’s value has generated optimism throughout the wider cryptocurrency market. Noteworthy XRP Transaction In a significant development, blockchain tracker Whale Alert disclosed a substantial transfer of 27 million XRP, worth $14.87 million, to Bitstamp, a crypto currency exchange based in Luxembourg. This transfer, originating from a wallet identified as ‘…Rzn’, has drawn attention due to similar transactions observed previously. Interestingly, these transactions coincide with Ripple ’s strategic ...

Crypto top gainers for today are doubtless exceptional coins with mind-blowing projects, collaborations, and price movements. Pepe Coin pays homage to the Pepe the Frog meme, boasting a market cap surge to $1.6 billion. It remains popular with a $0.052105 price, reflecting a 50.68% increase in 24 hours.  Sei attracts attention with its rapid adoption, backed by 150 transitioning teams and $30M investments. Priced at $0.905882, it reflects a 10.36% surge. With the EIP 7611 introduction, Sei anticipates further growth. Bonk, Solana’s dog-themed coin, impresses with a $0.00001386 price and a 15.30% gain. Revolut’s potential listing marks a milestone for Bonk’s mainstream adoption. THORChain (RUNE) facilitates seamless token trading across blockchains, priced at $5.97 with an 8.89% increase. It boasts a remarkable 261% price surge over a year, maintaining high liquidity. Also, eTukTuk impresses with over $1 million raised, nearing its target by 99.49%, underlining ...

The current sentiment in the crypto market is optimistic among investors, with a shift towards newly listed coins boasting high potential rather than focusing solely on high-market cap coins. This trend has led to a surge in the listing of tokens on various crypto platforms, each vying for attention with promises of future returns. However, it’s crucial to pinpoint legitimate projects. Lends, Pixels, and Octavia are gaining traction, demonstrating considerable promise within the crypto market. This article delves into their tokenomics, use cases, partnerships, and other pertinent Features contributing to their appeal as investment opportunities. New Cryptocurrency Releases, Listings, and Presales Today Bitcoin has surged past the $56,000 mark, significantly boosting the overall crypto market in its latest rally. Attention has also turned to some newly listed tokens and presales. Octavia has debuted as an AI assistant tailored for investors and community managers in the Web3 ...

Prominent Bitcoin proponent and MicroStrategy former CEO Michael Saylor announced another sizable BTC purchase this week. Saylor announced the purchase of 3,000 BTC worth $155 million for the firm’s holdings. According to a tweet from Saylor, the purchase was executed at an average entry price of $51,813. With the latest acquisition, MicroStrategy now claims total ownership of approximately 193,000 Bitcoin acquired across all purchases for $6.133 billion. This equates to a remarkable average cost per BTC that the company paid of $31,780. Also read: Ethereum: How High Can ETH Go in March 2024? MicroStrategy Bitcoin holdings stand at $4.65 billion unrealized profit As per data aggregated by Saylortracker, at current market prices of around $55,840, MicroStrategy’s position now commands a total valuation exceeding $10.79 billion. JUST IN: Michael Saylor's MicroStrategy #Bitcoin investment is now at a $4,650,000,000 unrealized profit. — Watcher.Guru (@...

The most prominent digital asset has continued its 2024 surge as BTC has climbed above $53,000 in a massive move for Bitcoin. Indeed, the cryptocurrency has defied recent rumblings of an impending price correction. It went as far as to near the $53,600 mark earlier today, according to CoinMarketCap. There have been some different developments over the weekend that may have played a part in this ascension, as well as the overall positive sentiment that it’s been riding since the start of the year. However, over the last 24 hours alone the digital asset is up almost 4%. Subseuqnlety, many are asking the question; why is BTC up so much today? JUST IN: $53,000 #Bitcoin — Watcher.Guru (@WatcherGuru) February 26, 2024 Also Read: How Many Bitcoins Does Robert Kiyosaki Own? Bitcoin: Why is BTC Up Today? For much of the last several months, the digital asset market has had high hopes for Bitcoin. Indeed, many expected the asset to surge amid 11 Spot Bitcoin ETF approv...

Despite many assets in the cryptocurrency sector slowing down their gains, Dogecoin (DOGE) included, the popular puppy-themed meme coin is still holding firmly above the $0.08 level and is demonstrating signs that a strong recovery is in the cards in the next couple of months. As it happens, the current price action of Dogecoin seems to be mirroring the patterns observed during its previous bull markets, including in 2017 and 2021, according to the observations shared by renowned crypto trading expert Ali Martinez in an X post he published on February 26. Indeed, as Martinez explained on a Dogecoin chart, the past chart patterns repeating themselves this time around for DOGE could see the Tesla (NASDAQ: TSLA) CEO Elon Musk’s favorite crypto asset “enter a parabolic breakout around April” and push it towards $1.7 and then to $3.5 and beyond. Picked for you R. Kiyosaki warns of the dangers of CBDCs as ‘threat of war grows’ 1 hour ago How much money does Mark Zuckerb...

An analyst predicted that Solana could swing upwards due to a signal from the TD Sequential. SOL’s price could increase by 12% revisiting the highs it last reached on February 18. The MACD revealed that the bullish thesis had not yet been validated but was close. If the prediction by analyst Ali Martinez is anything to go by, then Solana’s (SOL) price could be set for a rebound. Martinez, in a post on X, noted that the Tom DeMark (TD) Sequential had presented a buy signal on the SOL/USDT daily chart. The analyst also mentioned that this signal could create four bullish candles on the chart while driving an upswing for the token. The TD Sequential indicator presents a buy signal on the #Solana daily chart, suggesting a potential upswing that could span one to four daily candlesticks for $SOL. pic.twitter.com/LR0I9Y2diu — Ali (@ali_charts) February 24, 2024 Are Bears Exhausted? The TD Sequential indicates trend exhaustion and potential price revers...