Weekly CEO News from Richard Ingram
May 13, 2021

Cryptocurrency price corrected sharply today, including Ether (ETH), but this is a short-term move which is not reflective of the more macro-level events which still paint a bullish picture for assets like Ether and Bitcoin. In the last 30 days,

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Galaxy Digital founder and CEO Mike Novogratz, a billionaire active in the digital asset space, says up to 85% of his net worth is in cryptocurrencies. In an interview with New York Magazine’s Intelligencer published today, Novogratz said that while

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Ether (ETH) initiated a rally on April 25, which resulted in a 90% gain that pushed the price to $4,200. The non-stop action has been fueled by an incredible increase in decentralized finance (DeFi) applications where the net locked value

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Tesla CEO Elon Musk tweeted on May 13 that the company will stop accepting Bitcoin (BTC) payments for its vehicle purchases, citing “rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal.”  Shortly after the announcement, Bitcoin

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MicroStrategy, the Virginia-based business intelligence firm, has added another 271 Bitcoin (BTC) to its strategic reserves, underscoring CEO Michael Saylor’s growing conviction in the digital asset.  The purchases were made through May 13 for an average price of $55,387, Saylor

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Within the last hour Bitcoin (BTC) price dropped by more than 3%, extending the decline which started on May 12 and saw the digital asset drop as low as $46,000 on some exchanges.  Initially, on May 12 it was Tesla’s

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Tether Holdings Limited, the company behind the popular USDT stablecoin, released a full breakdown of its reserve composition on Thursday, offering more transparency about the composition of its assets.  More than three-quarters of Tether’s reserves are held in cash, cash

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A decentralized video game and entertainment network dubbed “the king of NFTs” has now surpassed more than three million accounts. Worldwide asset eXchange (known as WAX for short) offers an easy-to-use cloud wallet and a convenient way of creating, buying,

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Cowen Inc., an independent American investment bank established over a century ago is set to become the latest mainstream financial services company to enter the crypto custody business. According to Bloomberg, Cowen has inked a partnership with Standard Custody and

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Major privacy-focused browser Brave is the latest browser to integrate support of decentralized domains by blockchain domain name provider Unstoppable Domains. Brave announced Thursday that its browser now provides native support for the crypto domain name company, allowing users to

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