Newsletter Apr 12, 2023
MicroStrategy's Long Bitcoin Bet Finally Pays Off As Stock Price Surges Amid BTC Rally

The software company now holds around 140,000 BTC from an aggregate purchase price of around $4.7 billion, with an average purchase price of $29,803 per BTC.


Strategists Expect Bitcoin Price Rally To Continue As Shrimps Show Aggressive BTC Accumulation

"Investors transfer tokens from exchange wallets to their personal wallets when they intend to hold them (or HODL), indicating a potential decrease in sell pressure."



Coinbase Exchange Loses Top Honcho Amid Ongoing Crypto Crackdown

A recent report claimed that Vishal Gupta will remain in the cryptocurrency industry and that he left Coinbase to work on a new project, but he did not confirm any of this in his tweet and instead said he is going to "build."

Binance.US Announces TRX Delisting Amid Justin Sun's Arrest Rumor

The exchange informed its clients and customers that TRX staking will be disabled starting at 7 a.m. EDT on Thursday and delisting will commence at 8 p.m. EDT on Friday.

Reddit's Outage After Gen 3 NFT Launch May Be Due To Excess Demand From Bots

Dubbed "GEN 3, the Future Realities Collection," the digital identifier is a limited run of non-fungible tokens (NFTs) on the Polygon blockchain.


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