Category: News

Michael Saylor’s Bitcoin Strategy Is A Ticking Time Bomb, Experts Warn
News

Michael Saylor’s Bitcoin Strategy Is A Ticking Time Bomb, Experts Warn

Michael Saylor’s latest move to finance more Bitcoin purchases has reignited debate over the viability of his high-stakes approach. The company now called Strategy (formerly MicroStrategy) announced it would issue a new perpetual preferred stock, STRF (“Strife”), at a 10% annual dividend. While some see this as an inventive way to accumulate more BTC, others […]
Bitcoin-Backed Loans Good for Altcoins Like Best Wallet Token
News

Bitcoin-Backed Loans Good for Altcoins Like Best Wallet Token

Xapo Bank is the latest in a string of financial institutions that have introduced Bitcoin-backed loans for its customers. This is yet another good indication that the world is warming towards accepting cryptocurrency as a genuine asset. A Bitcoin-backed loan provides access to US dollars without having to sell your $BTC. This means that Xapo […]