Daily Crypto Report

"MicroStrategy back with another $50M BTC buy" December 5th, 2020


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Today's blockchain and cryptocurrency news

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Bitcoin is up slightly at $19,030

Ethereum is down slightly at $592

and XRP is down 1.5% at 58 cents

Top gainers in the last 24 hours:

OriginTrail up 12%

MicroStrategy is back with another $50 million dollar bitcoin buy

Binance is set to clear $800M in profit this year.

Suzhuou is launching another large scale trial for the chinese digital yuan initiative.

OMG Network has been acquired by Genesis Block Ventures.

Over a million Ether have been staked in the Eth2 contract.

The S&P Dow Jones Indices looks to launch a crypto index next year

Links:

  • Michael Saylor on Twitter: "MicroStrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in accordance with its Treasury Reserve Policy, at an average price of approximately $19,427 per bitcoin. We now hold approximately 40,824 bitcoins. https://t.co/nwZcM9zAXZ" / Twitter
  • Chinese city of Suzhou to give away $3 million in digital yuan via lottery - The Block
  • GENESIS BLOCK VENTURES (GBV) ACQUIRES SYNQA SUBSIDIARY OMG NETWORK - GBV Capital
  • Over 1 million ETH, worth more than $605 million, has been staked in the Eth2 contract - The Block
  • Binance CEO Changpeng Zhao, Crypto’s Influence Miner: Bloomberg 50 2020 - Bloomberg
  • S&P Dow Jones Indices to launch cryptocurrency indexes in 2021
  • Learn more about your ad choices. Visit megaphone.fm/adchoices

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