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View More NewsWith just over a week left in the month of March, bitcoin is narrowly on track to avoid a historic losing streak. The asset is up around 2% on the month, holding above $68,000. However, a late pullback would see bitcoin close six consecutive months in the red, matching the longest negative streak on record, last seen between August 2018 and January 2019.From a technical standpoint, the 200-week moving average, (200WMA), remains a key level to watch. This metric, which tracks bitcoin’s long-term trend by averaging its closing price over the past 200 weeks, has historically acted as strong support…
In brief Strategy unveiled plans to issue $44 billion worth of common and preferred equity. The firm’s variable rate preferred share, STRC, comprised nearly half that sum. Meanwhile, the company notched its smallest Bitcoin purchase in a month. Strategy unveiled plans Monday to issue $44 billion worth of common and preferred equity, a move aimed at providing its Bitcoin-buying machine with fuel for future purchases.The company said that it had gained the ability to issue an additional $21 billion worth of its common stock (MSTR), according to a press release. That’s in addition to $21 billion worth of its variable…
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A review of The West: A New History in Fourteen Lives by Naoíse Mac Sweeney, 448 pages, Dutton (May 2023).At the 2019 Annual Meeting of the Society for Classical Studies in San Diego, California, independent scholar Mary Frances Williams stood up at the end of a panel on “the future of classics,” and suggested that classicists should view their field as the study of the foundations of Western civilisation. Classics “matters,” she went on, “because it’s the West.” Sarah Bond, a professor at the University of Iowa, cut in, declaring that ‘‘Western civilisation is a construct—a complete construction.”Since then, how…
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In brief Strategy has raised billions of dollars via variable-rate preferred share, STRC, following the conclusion of its annual conference in Las Vegas last…
Bitcoin BTC$70,773.32 held onto gains Monday after an early surge above $70,000, but the rebound’s fate now hinges on what’s next between the U.S.…
Stripe’s newly launched Machine Payments Protocol (MPP) could mark a turning point for micropayments — a long-promised but underutilized use case in crypto and…
In brief Polymarket and Kalshi both made new moves to try and curb insider trading on their prediction market platforms. Polymarket has introduced new…
In brief The former LASD deputy was sentenced in a federal extortion case tied to crypto “Godfather” figure Adam Iza. The case details how…
from the if-the-knock-off-shoe-fits dept Normally, a post about the signing of an NFL free agent wouldn’t make it anywhere near these here Techdirt pages.…
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Bitmine Immersion Technologies (BMNR), the largest ether-focused treasury firm, bought 60,999 ether (ETH) last week as it continues to build up its holdings of…
Prediction markets platform Polymarket says it has now banned and reported users who pressured an Israeli journalist with death threats to amend a news…
In brief Bitcoin is trading above $75,000 ahead of PPI data and the Federal Reserve’s rate decision, breaking a key resistance zone. Forecasts point…
My son spent last week training in defensive pistol use at Gunsite Academy, in Arizona. The scheduling couldn’t have been timelier given the double…
Bitcoin BTC$75,594.79 surged past $75,000 early Tuesday, helped by shifting dynamics in the derivatives market.Prices hit a high of $75,800, convincingly topping the long-term…