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Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin-Based Identity Solution

CryptoPotato 03 May 2024
MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea. During the annual MicroStrategy World conference on Wednesday, the company’s executive chairman Michael Saylor unveiled “MicroStrategy Orange” – an open-source decentralized identity solution built on Bitcoin ... “Saylor is using Bitcoin as his own personal and corporate data store.”.

Michael Saylor Delivers Bitcoin Masterclass To Fortune 1000 Companies

Bitcoin Magazine 03 May 2024
Bitcoin for Corporations, MicroStrategy Executive Chairman Michael Saylor delivered a masterclass on corporate finance and the power of bitcoin to supercharge corporate balance sheets. Saylor made a point to emphasize Bitcoin as the single solution for capital appreciation in an inflationary environment ... “You could see the writing on the wall when the spot ETF of Bitcoin was approved in January ... Bitcoin is a capital ratchet.

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin-Based Identity Solution

CryptoPotato 03 May 2024
MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea ... “Saylor is using Bitcoin as his own personal and corporate data store.”.
Edit

Michael Saylor Delivers Bitcoin Masterclass To Fortune 1000 Companies

Bitcoin Magazine 03 May 2024
Bitcoin for Corporations, MicroStrategy Executive Chairman Michael Saylor delivered a masterclass on corporate finance and the power of bitcoin to supercharge corporate balance sheets ... Bitcoin is a capital ratchet ... Bitcoin is the place to stand.”.
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Prepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex

CryptoPotato 03 May 2024
Bitcoin is struggling to climb above the $60,000 mark after a devastating downtrend this week ... Bitcoin Consolidation to Continue ... He noted that Bitcoin’s behavior has echoed what happened in 2016, during a similar phase in the market cycle.
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Jack Dorsey’s Block Boosts Its Bitcoin Bet With 10% Gain Reinvestment

CoinGape 03 May 2024
Block Inc., the former Square, which is owned by Jack Dorsey, has declared that it will reinvest 10% of its Bitcoin-related gross profits into Bitcoin ... Focus on Bitcoin and Technological Innovations. As part of its commitment to Bitcoin, Block Inc.
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JPMorgan Waves Red Flag: Urges Caution As Crypto Market Teeters on Edge

Bitcoinist 03 May 2024
The analysis further points out that while spot Bitcoin exchange-traded funds (ETFs) have experienced outflows, retail enthusiasm for stocks has also fallen ... #Bitcoin is at the end of the correction.
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Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”

NewsBTC 03 May 2024
An analyst has pointed out how Bitcoin recently closed below a historically important on-chain level, a failure to reclaim which could spell trouble for BTC. Bitcoin Fell Below Short-Term Holder Cost Basis In Latest Crash.
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Bitcoin Price Recovery Could Face Many Hurdles Near $60K, Here’s Why

NewsBTC 03 May 2024
Bitcoin price found support near the $56,350 zone ... Bitcoin is attempting a recovery wave from the $56,350 support zone ... Bitcoin Price Faces Resistance. Bitcoin price extended losses below the $60,000 level to enter a short-term bearish zone.
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Economist Alex Krüger Goes ‘Max Long’ on Crypto Positions – Here Are His Altcoin Picks

The Daily Hodl 03 May 2024
However, he acknowledges that Bitcoin (BTC) could drop as low as $52,000 after plunging below $59,000 ... new ATHs later in the year (for Bitcoin) ... The economist also notes that Bitcoin had a bearish response to Wednesday’s U.S.
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Saylor predicts SEC will designate Ethereum as a security and deny spot ETF applications this summer

Cryptoslate 03 May 2024
Saylor instead asserted that Bitcoin (BTC) alone has full institutional acceptance ... MicroStrategy’s founder is well-known for his exclusive focus on Bitcoin.
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Bitcoin Mimics 2016 Pattern: Analyst Suggests Price Dip May Be Temporary pen_spark

Goldario 03 May 2024
... Bitcoin (BTC) and its 2016 bull run, even after a recent price correction.
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MoonPay Expands Crypto Purchasing Options For US Users With PayPal Integration

Bitcoinist 03 May 2024
PayPal’s Blockchain Research Group (BRG) recently proposed a solution for more sustainable Bitcoin mining ... As of this writing, Bitcoin has rebounded to the $59,000 level following a significant decline to $56,000 on Wednesday.
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Mining firm Stronghold considering sale of company in latest financial report

Cryptoslate 03 May 2024
The review comes at a time when the company observes a valuation discrepancy compared to its peers in the Bitcoin mining, merchant power, and data center sectors.
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Coinbase Rides Bitcoin ETF Wave as Profits Soar past $1B in Q1

Finance Magnates 03 May 2024
Impact of Bitcoin ETFs ... we believe this increase was influenced by a variety of factors, such as the launch of the Bitcoin ETFs, which have experienced over $11 billion in net inflows so far in 2024.".
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