Bitcoin24h $89,658.92-2.18%

Ethereum24h $2,988.08-5.61%

BNB24h $881.21-4.46%

XRP24h $1.91-2.83%

Solana24h $128.10-3.74%

TRON24h $0.2976-5.08%

Dogecoin24h $0.1255-1.61%

Cardano24h $0.3591-2.21%

Bitcoin Cash24h $593.27+2.14%

Monero24h $504.89-18.78%

Are big players like Grayscale and MicroStrategy moving bitcoin’s price?

Is bitcoin a rich man’s casino? Comparing price action with moves by major players seems to confirm they can indeed shift the bitcoin market.

Explained: Why crypto cares about MicroStrategy margin calls

Microstrategy’s Michael Saylor bet big on Bitcoin. Amid a bear market, here’s why Bitcoin must bet big on Saylor’s bets too.

Everyone has an opinion about the MicroStrategy margin call question. We reviewed the Silvergate loan documents and calculated the answers.

The company has spent nearly $4 billion on 130,000 bitcoins in the past two years at an average purchase price of more than $30,700.

MicroStrategy’s accountants tried to get away with not reporting paper losses on some of its Bitcoin purchases last year. The SEC noticed.