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MicroStrategy's Bitcoin Investment Earns $103 Million with ROI of 24.3% in the Last 79 Days

MicroStrategy's Bitcoin Investment Earns $103 Million with ROI of 24.3% in the Last 79 Days

Bitcoin's price is currently around $13.8K. Since Aug. 11, with Microstrategy's purchase of Bitcoin, the company has earned $2.7k per BTC for a total of $103 million.

PwC: Crypto M&A and Fundraising in Asia Reports Major Growth

PwC: Crypto M&A and Fundraising in Asia Reports Major Growth

PwC previewed its latest white paper—PwC Global Crypto M&A and Fundraising Report—last Thursday at CoinDesk’s Invest: Asia event. This is the first report by PwC on the broader crypto ecosystem, but the firm will continue to publish updates twice a year moving forward.

IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline

IMF Chief Economist Says Crypto Won’t Threaten Dollar Dominance Although Global Reserves Decline

The Chief Economist of the International Monetary Fund (IMF), Gita Gopinath, expressed in an opinion piece in the Financial Times that digital currencies would not displace the US Dollar as the currency that dominates the global trade and finance.

CipherTrace: Cryptocurrency Theft Alarming at $4.4 Billion in 2019

CipherTrace: Cryptocurrency Theft Alarming at $4.4 Billion in 2019

According to a report by CipherTrace, a blockchain forensics company, the cryptocurrency sector has lost a whopping $4.4 billion in scams and thefts so far this year, up by more than 150% from $1.7 billion in 2018.

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