MicroStrategy (Michael Saylor) invested more money into Bitcoins than there’s nominal GDP of 36 countries

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/13pzusr/microstrategy_michael_saylor_invested_more_money/ So MicroStrategy bought exactly 140,000 Bitcoins at the average price of $29,803, which means they invested 4.172 billion USD just into Bitcoin. This amount of money invested is more than there's nominal annual GDP of 36 countries in the world. Of course few of them are smaller island countries with just thousands of people, […]

Craig Wright for many is just an annoying loser but He is actively harming the Bitcoin and crypto ecosystem.

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/13m5ji5/craig_wright_for_many_is_just_an_annoying_loser/ Craig Wright always seemed like a loser who just wanted some attention by claiming that he is Satoshi but now after looking at his actions it's obvious that he is actively harming the Bitcoin development. Currently, Tulip trading , A company owned by Craig has sued the Bitcoin foundation in UK. Suit claims that […]

Bitcoin (BTC) price falls below $27,000 as crypto market makers step back from U.S. trading. Some recent HEADLINES.

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/13k4i73/bitcoin_btc_price_falls_below_27000_as_crypto/ ***Bitcoin price fell below $27,000 on Thursday last week, as crypto market makers stepped back from U.S. trading. The sell-off was triggered by recent reports that the U.S. Department of Justice is investigating Binance, the world's largest cryptocurrency exchange. **SEC Chair Gary Gensler said that the cryptocurrency industry is "so noncompliant with laws" that […]

Why do governments call for crypto to get regulated like gambling, but not stock market?

via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/13juksq/why_do_governments_call_for_crypto_to_get/ Just today UK MPs again call for crypto market to get regulated like gambling. I personally don't have too much against it if investing into crypto is regulated as gambling, because at the end of it, it is sort of a way of gambling, but so is stock market, and none of these government […]