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Microsoft shareholders will vote on a proposal to evaluate Bitcoin (BTC) as a potential corporate investment at the tech giant’s annual meeting at the end of the year, according to a regulatory filing on Oct. 24. It’s planned.The proposal, submitted by the shareholder advisory committee, calls for a detailed assessment of the potential role of the flagship cryptocurrency in Microsoft’s financial operations.However, the board recommended against the move, saying the Treasury Department was already evaluating a range of assets, including cryptocurrencies such as Bitcoin. The board highlighted Bitcoin’s volatility and argued that the company’s current processes ensure financial stability without…
Software giant Microsoft is scheduled to hold a general meeting of shareholders next month, and Bitcoin will be on the agenda.Microsoft (NASDAQ:MSFT) will hold its annual shareholder meeting on Dec. 9, and investors in the company will vote on a number of proposals, according to a filing Thursday with the Securities and Exchange Commission. .One of the proposals up for vote is “Evaluation of Investments in Bitcoin,” and the board is recommending that shareholders vote against it.It’s unclear whether this item refers to Microsoft having Bitcoin, the industry’s largest cryptocurrency, on its balance sheet. Microsoft did not immediately respond to…
Ethereum (ETH) price appears to be moving within a neutral range, as shown by several market indicators. Current net unrealized gains and losses (NUPL) values indicate that most investors are not making much money or experiencing significant losses. This balanced sentiment suggests a mix of cautious optimism and trepidation, but lacks the strong emotions that typically cause dramatic price movements. Combined with large holder movements and key technical indicators, ETH could continue to move sideways in the short term. ETH NUPL is currently neutral ETH’s NUPL is currently 0.34, indicating a neutral market. This value suggests that most investors are…
The person behind the recent Radiant Capital exploit reportedly moved nearly all of the stolen cryptocurrency, worth around $52 million, from the Layer 2 network to Ethereum. Blockchain security firm Peckshield shared this information on October 24th, further dimming hopes of recovering funds. Attackers nearly completed bridging stolen funds According to PeckShield, the attacker’s on-chain footprint shows that they bridged approximately 20,500 ETH tokens from Arbitrum and Binance’s BNB chains to Ethereum. The funds were part of an October 16 attack that compromised Radiant Capital’s smart contracts. Another blockchain security firm, Ancilia, first discovered this suspicious activity, which initially resulted…
Investors are making strategic moves heading into November, sparking curiosity. Smart money is quietly accumulating Ripple’s XRP (XRP), Cardano (ADA), and RCO Finance (RCOF). What is the insider knowledge that drives these smart investments?As we approach November, let’s understand the rationale behind these moves.XRP adoption expands due to bullish investor stanceBlockchain tracker Whale Alert detected a large-scale XRP transfer by Ripple on August 21, 2024. This coincided with the milestone achievement of XRP in Unique Wallet. Ripple moved 200 million XRP worth $109,416,737 to an unknown wallet, sparking frenzy and speculation within the XRP community.While some joked that Ripple was…
US multinational technology giant Microsoft recently made headlines for filing with the US Securities and Exchange Commission (SEC) indicating potential interest in investing in Bitcoin (BTC), the largest cryptocurrency by market capitalization. Ta. Microsoft’s potential Bitcoin investment faces board opposition In its latest SEC filing, Microsoft proposed a “Bitcoin Investment Evaluation” to be voted on at its next shareholder meeting scheduled for December 10th. The day marks a day for both the company and the broader crypto market, as a positive result could further demonstrate Bitcoin’s growing appeal to traditional businesses and financial institutions, and signal increased acceptance as an…
Standard Chartered believes Bitcoin will regain the $73,000 price level on Election Day, November 5th.According to the report “Bitcoin: Post-US Election Strategy” written by Jeffrey Kendrick, the company’s head of digital asset research, there is a possibility that the main virtual currency will see large price fluctuations before and after the next US presidential election. It is said that there is.Additionally, the report reaffirmed previous six-digit price predictions and stated that Bitcoin could reach $125,000 by the end of the year if Republicans secure both the president and Congress.Trump victory could boost BitcoinAccording to the report, Bitcoin could rise by…
Guide: Best Cryptocurrency Exchanges in PortugalPortugal has become a crypto-friendly haven, attracting more and more buyers and fans of digital assets. The country’s friendly tax system, relaxed legal environment, and growing digital currency culture have made it a popular place to learn about cryptocurrencies. In this detailed guide, we will discuss the best cryptocurrency platforms in Portugal. This will help you find your way around the exciting and ever-changing world of cryptocurrencies.Also read: BRICS could expand to 20 countries at 2024 summitPortuguese virtual currency exchangeOver time, Portugal’s cryptocurrency economy has grown slowly. There are currently several exchanges that can meet…
An emerging cryptocurrency is shaking up the pre-sale market with a staggering 30,000% growth. Analysts have suggested that it could surpass well-known coins such as Dogecoin and XRP by 2025. This remarkable surge has caught the attention of investors looking for the next big thing in cryptocurrencies. Find out which coins are poised for big growth in the evolving digital currency landscape. DOGEN: The ultimate meme token for real alphas who always win Imagine living the life of your dreams: luxury cars, lots of cash, and attention-grabbing women. That’s the DOGEN lifestyle! If you’re the type of person who likes…
Investing in cryptocurrencies may seem exciting given the popularity of digital assets and the potential for big profits, but cryptocurrencies have experienced significant volatility in the past and likely will continue to do so in the future. Before investing in cryptocurrencies, it’s important to consider some basics. Although the recent rise in Bitcoin prices has led some investors to believe that acceptance of cryptocurrencies is increasing, cryptocurrencies generally remain speculative and highly volatile. Without an underlying asset to back it up, the price of a cryptocurrency is driven solely by investor sentiment. This leaves many investors exposed to significant losses…