Author: CryptoPress
The company’s CEO said that if the bitcoin price drops below $21,000, they would have to sell some of their holdings because they cannot afford to buy back the shares using only cash.
MicroStrategy (NASDAQ: MSTR) has been around for three decades. Over that time, the company has developed and deployed a series of business intelligence software solutions to help its customers gain insight into their businesses.
The company’s...
OlympusDAO continues its long-term plan to revive with inverse bonds
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In the midst of a bear market, OlympusDAO is continuing its long-term plan to revive its project.
The company’s native OHM token has been on a steady decline since March 2022, when it reached a high of $1,300 per token. The price has since fallen by 98%, trading near $20; meanwhile, OlympusDAO’s staking rewards have shrunk from 6% in the first months after its launch to 2% now.
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The...
Fidelity is Now Allowing Bitcoin Investments In Its 401k Plans
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Fidelity will allow its retirement plan clients to invest in Bitcoin, the company announced on Monday.
The move is a historic moment for Bitcoin and cryptocurrency as a whole. Americans saving for retirement will now be able to allocate up to 20% of their 401(k) accounts to Bitcoin.
Fidelity was quick to point out that the new policy is not an endorsement of the cryptocurrency, but more of a reflection of their customer’s needs....
Elon Musk Reaches Deal To Buy Twitter For US$44 Billion
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Twitter’s board of directors agreed Monday to accept a US$44 billion buyout offer made by billionaire Elon Musk. After the news broke, Musk, who made the surprise offer less than two weeks ago, said he is the right person to “unlock” the social networking company’s “extraordinary potential.”
In a meeting late Monday, Twitter’s board voted unanimously to accept Musk’s offer of US$26 billion in...
Floki returns to London with aggressive ad campaign
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April 22, 2022. Floki is styled as “the people’s cryptocurrency,” and the community of “Floki Vikings” is renowned for their passion and presence on social media. The Floki project, less than a year old, rocked the crypto world in 2021 with one of the most aggressive and widely discussed real-world marketing campaigns the young industry has seen to date.
In fact, Floki made such a splash in London, that a UK advertising watchdog intervened...






