MicroStrategy Incorporated announced plans to privately offer $700 million worth of convertible senior notes due 2028, subject to market conditions, according to a Sept. 16 press release. The company also expects to grant an option to purchase an additional $105 million in notes to initial buyers within a 13-day period following the notes’ issuance. MicroStrategy […]
Bernstein analysts suggest that DeFi may perform well if the Federal Reserve cuts US interest rates. International liquidity and rate differentials may prove key for crypto. These predictions contradict mounting concerns that rate cuts will harm investment in Bitcoin and Ethereum. Rate Cuts Might Spell Trouble As the US economy continues its doldrums of perceived […]
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The Royal Government of Bhutan holds 13,029 Bitcoin (BTC), worth roughly $755 million at current prices, according to on-chain data gathered by Arkham Intelligence. Additionally, wallets tied to the Himalayan kingdom hold 656.013 Ethereum (ETH), worth approximately $1.5 million. Fourth among governments According to CoinGecko data, governments held 2.2% of Bitcoin’s supply as of August. […]
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As Dogecoin’s (DOGE) price struggles to stabilize, buyers are taking advantage of the dip, purchasing the meme coin in large quantities. This influx of capital signals a strong belief that DOGE may be poised for a rebound. If these strategic purchases persist, DOGE could recover a significant portion of its losses from the past three […]
Key Takeaways Expected rate cuts could drive Bitcoin prices higher as investors seek riskier assets. Share this article Polymarket traders are overwhelmingly betting on a Federal Reserve rate cut this week, with odds at 99% for a reduction at the upcoming September 18, 2024 meeting. Traders are anticipating a 25 basis point cut, which would […]
Walmart and Amazon are harnessing AI to drive retail transformation with new consumer experiences and enhanced operational efficiency. According to analytics firm GlobalData, Walmart is focusing on augmented reality and AI-enhanced store management. Amazon, meanwhile, is leading advancements in customer personalisation and autonomous systems. Kiran Raj, Practice Head of Disruptive Tech at GlobalData, notes: “Walmart […]
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