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MicroStrategy With Another Huge Bitcoin Buy MicroStrategy continues with its Bitcoin shopping spree, adding another 3000 BTC to its name. It appears that Michael Saylor was completely serious when he recently said that he plans on buying Bitcoin forever. MicroStrategy just announced that they bought another 3,000 BTC, each priced at $51,813. This means they paid around $155 million for it. With this most recent move, MicroStrategy is currently the proud owner of 193,000 BTC. They’ve paid a total of $6.09 billion for it, putting their average price at $31,544 per BTC. At current prices, their stack is worth a little less than $10 billion, netting them a return of close to 63%. #BTC‬ #MicroStrategyBTC #MicroStrategyMoves

MicroStrategy With Another Huge Bitcoin Buy

MicroStrategy continues with its Bitcoin shopping spree, adding another 3000 BTC to its name.

It appears that Michael Saylor was completely serious when he recently said that he plans on buying Bitcoin forever.

MicroStrategy just announced that they bought another 3,000 BTC, each priced at $51,813. This means they paid around $155 million for it.

With this most recent move, MicroStrategy is currently the proud
owner of 193,000 BTC. They’ve paid a total of $6.09 billion for it,
putting their average price at $31,544 per BTC.

At current prices, their stack is worth a little less than $10 billion, netting them a return of close to 63%.


#BTC‬ #MicroStrategyBTC #MicroStrategyMoves

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BREAKING: Ethereum spot ETFs approved by SEC The US Securities and Exchange Commission said it has approved the launch of spot Ethereum ETFs for accelerated launch, according to Phoenix News. Ethereum ETFs face a weeks-long process of finalizing S-1 registration statements, a form required by the SEC for ETFs to list securities, and establishing exchange agreements through multiple rounds of SEC communication. The move is expected to bring a substantial influx of institutional capital into the Ethereum market, with Standard Chartered Head of Digital Assets Research Geoff Kendrick predicting inflows of $15 to $45 billion in the first 12 months. To address SEC concerns, potential spot ETH ETF issuers, including Fidelity, Franklin Templeton, Ark, Invesco, Grayscale, Bitwise, and VanEck, have updated their filings to confirm they will not stake ETH for yield. Earlier this week, Bloomberg analysts Eric Balchunas and James Seyffart have increased the odds of a spot Ethereum ETF being approved this month from 25% to 75%. The approval of Ethereum ETFs and the passage of the FIT21 crypto bill suggest a shift in the Biden Administration’s stance on crypto, following former President Trump’s pledge to support the industry and foster a business-friendly environment in the US. The approval comes just five months after the SEC gave the green light to 11 spot Bitcoin ETFs, marking a significant shift in the regulatory landscape for crypto in the US. #EthereumETFApprovalExpectations #ETHETFsapproval #ETHETFS
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Grayscale, Coinbase sit down with SEC over spot Ether ETF Grayscale and Coinbase met with the SEC on March 6 to address concerns about the conversion of Grayscale’s Ethereum Trust into a spot ETF. Crypto firms Grayscale and Coinbase recently met with United States Securities and Exchange Commission (SEC) officials to discuss a rule change for the launch of spot Ether exchange-traded funds (ETFs). Grayscale is seeking to convert its Ethereum Trust — which tracks the market price of Ether into an ETF, similar to the conversion of its Bitcoin Trust to an ETF in January. The meeting, held on March 6, followed the end of the commenting period for the proposal and addressed concerns about possible market manipulation should the fund be approved. According to a presentation shared by the SEC, Coinbase argued that the same reasoning that led to the approval of Bitcoin ETFs should be applied to Ether since the token has “mechanisms that significantly limit ETH’s susceptibility to fraud and manipulation.” Another presentation point relates to Coinbase’s surveillance-sharing agreement with the Chicago Mercantile Exchange (CME). The mechanism was implemented for Bitcoin ETFs at the request of the SEC to improve trading monitoring. Grayscale is also proposing a second ETF for Ether futures trading. The main difference between spot and futures markets is that spot market assets are traded immediately, whereas, in the futures market, contracts are made to buy or sell assets at a future date for a specific price. #Etherrum #ETH✅ #Coinbase. #Graysacle
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Shytoshi Kusama Issues Crucial BONE Call on Shiba Inu Community: Details The enigmatic leader of the Shiba Inu team known to the community under the alias Shytoshi Kusama has issued a crucial call on the SHIB army, urging them to vote for the Bone ShibaSwap (BONE) token as it stands a chance to be listed on the Binance Futures platform. "I understand that not all countries can vote so #SHIBARMY if you can, DO IT. #BINANCE   SHOW YOUR POWER!!!! " Earlier this week, the world’s largest cryptocurrency trader Binance announced the launch of a new voting feature called Binance Futures Next, allowing the community to vote for the tokens they wish to be listed on the Binance Futures market. So far, along the other numerous tokens, BONE holds the third position by picks – 33,462. It is behind another meme cryptocurrency BabyDoge (BABYDOGE) with its 37,054 votes and ahead of Milady meme coin (LADYS) (23,709 votes). Shytoshi Kusama addressed the SHIB army on Friday and today as well, adding that since users not in all countries are allowed to access Binance and vote for BONE, he urged the SHIB army to press on and help the token to get to the first spot. On Friday, fueled by the news of the potential Binance listing, BONE soared by more than 23%. #SHİBA #BONE #memecoin‬⁩ #BinanceFutures Image via Binance
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Floki Dominates Times Square New York with Three-Month Campaign In an assertive move, Floki, the popular memecoin, is reclaiming the spotlight in the heart of New York with an extensive marketing campaign in Times Square Plaza. This development is following FLOKI price surge of over 300% last week. Commencing on March 15th and spanning a remarkable three months, Floki will be showcased on a colossal double-sided HD LED screen, strategically positioned beside the Nasdaq billboard in Times Square. The impressive digital billboard, measuring 56 feet wide by 29 feet high and located five stories above the intersection at 1500 Broadway and West 43rd Street, covers a staggering 1,624 square feet of viewing space, surpassing the size of the average Manhattan home. Notably placed in the core of Times Square Plaza, recognized as ‘The Gateway to New York,’ the 1500 Broadway Spectacular is set to display Floki’s captivating ten-second advertisement at least four times per hour, airing for 20 hours each day, throughout the 93-day campaign. This extensive coverage equates to a minimum of 7,440 ten-second spots, ensuring Floki’s presence. Times Square, a daily hub for 330,000 visitors and an annual thoroughfare for 50 million people, solidifies its status as the busiest attraction in the United States. The strategic placement of Floki’s campaign in this iconic location aligns with the coin’s mission to capture the attention of a vast audience. appeared first on Crypto News Land #FLOKİ #Flokii
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Binance Burns 2.21 Billion Terra Luna Classic LUNC price soars over 30% as crypto exchange Binance burned 2.21 billion Terra Luna Classic in 19th batch of its LUNC burn mechanism. The world’s largest crypto exchange Binance burned 2.21 billion Terra Luna Classic (LUNC) tokens in the 19th batch of the LUNC burn mechanism. As a result, the net LUNC burn by the crypto exchange reaches over 53 billion and the total tokens burned by the Terra Luna Classic community reaches over 102 billion. The 100 billion LUNC milestone uplifted Terra Luna Classic community’s sentiment and confidence amid a collaborative effort to remove LUNC tokens from the circulating supply. Binance sent 2.21 billion Terra Luna Classic (LUNC) tokens to the burn address terra1sk06e3dyexuq4shw77y3dsv480xv42mq73anxu, as per the transaction on March 1. Notably, the 19th batch of the LUNC burn mechanism Binance burned over 270 million trading fees for the period January 31 to February 28. After the latest burn, Binance’s total LUNC burn reaches 53.48 billion Terra Classic tokens from trading fees on LUNC spot and margin trading pairs. #LUNC. #USCT #TrendingTopic
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