Michael Saylor To Become Executive Chairman – Bitcoin Magazine

MicroStrategy, the software intelligence firm famously bullish on Bitcoin, announced on Tuesday that its CEO Michael Saylor will step down from his current position to assume the new role of executive chairman, effective on August 8. Phong Le, the company’s president, will take on Saylor’s current position. The move seeks to better separate business concerns … Read more

Michael Saylor will step down as MicroStrategy CEO but remain as executive chair

Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm he helped co-found in 1989. In a Tuesday notice on its second quarter earnings for 2022, MicroStrategy said Saylor would be assuming the new role of executive chair at the company, while president … Read more

Interview: The future is interoperability

What blockchain will win? A common question in the world of cryptocurrency. But in truth, the future is likely one of interoperability. Certain blockchains will be bigger than others, but many will exist. I sat down with Ram Ramachandran on the latest episode of the CoinJournal podcast to discuss this issue and more. Ram is … Read more

Messari snaps Dove Metrics as it looks to boost data access

Messari will use Dove Metrics’ fundraising data to enhance real-time monitoring and transparency in the crypto fundraising ecosystem. Messari, a leading blockchain analytics and crypto market intelligence firm, has acquired the assets and business of fundraising data platform Dove Metrics, CoinJournal has learnt from a press release. The acquisition has allowed Messari to integrate Dove … Read more

Bitcoin derivatives show a lack of confidence from bulls

Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holding for 45 days and could potentially drive BTC towards $26,000 by late August. Bitcoin/USD 12-hour price. Source: TradingView According to Bitcoin derivatives data, investors are pricing higher odds of a downturn, but recent … Read more

New York financial regulator fines Robinhood’s crypto division $30M

The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity and consumer protection laws. In a Tuesday announcement, NYDFS superintendent Adrienne Harris said Robinhood Crypto will pay a $30 million penalty to the state “for significant failures in … Read more

River Launches Zero-Fee Bitcoin Purchases – Bitcoin Magazine

River Financial has removed fees associated with recurring purchases of bitcoin on its platform. The deduction is valid starting one week after the initial recurring purchase is set by the customer. River currently offers bitcoin management services through its website and iOS app, as well as white-glove services for bitcoin mining. River Financial, a Bitcoin-only … Read more

Metaverse market share to surpass $50 billion by 2026, says new report

A new report by technology research and advisory firm Technavio reveals an upward trend for the Metaverse within the next four years.  The report titled “Metaverse Market in Finance by Component and Geography – Forecast and Analysis 2022-2026” analyzed the metaverse from two viewpoints. The first is software and hardware, and the second is through … Read more