Week in review: December 3, 2021 – Microstrategy buys another 7,002 Bitcoins

Written by Robby Ramos
on December 6, 2021

In this week’s newsletter:

  • MicroStrategy bought 7,002 bitcoins worth $414.1 million in the past two months, bringing its total holdings to 121,044.
  • Don’t miss ALT 5’s upcoming webcast – The BEST WAY to discover the future of cryptocurrency platforms through leading industry experts.
  • Argentina’s economy is set to take the world by surprise as the nation continues to make leaps into crypto products.

Read our weekly round up below.

Webcast: Crypto Hacks and The Need For Cybersecurity – December 9, 2021

ALT 5: November 29, 2021

Don’t miss ALT 5’s upcoming webcast – The BEST WAY to discover the future of cryptocurrency platforms through leading industry experts.
Date: December 9, 2021
Time: 11AM EST
=> Reserve your spot here

MicroStrategy Buys Another 7,002 Bitcoins For $414 Million – Keeping Its Promise To Keep Adding The Crypto

Business Insider: November 29, 2021

MicroStrategy, the analysis software maker led by crypto bull Michael Saylor, has snapped up more bitcoin as it holds to its promise to keep buying more of the leading digital currency.

The Shocking Truths About Argentina and Why They Are Turning to Crypto!

ALT 5 Sigma: November 29, 2021

After decades of economic depression and unrelenting stagflation, the government continues to work on the inflation challenges which are up 52% just this year alone. Argentina’s consumer price index rose 3.5% in the month of October, 2021.

This Week in Crypto: Stablecoins and Altcoins Remain on Upward Trajectory

Tipranks: December 2, 2021

As December unfolds, BTC-USD is struggling to gain momentum above $58,000, as stablecoin Terra Luna, and emerging blockchain Solana, sustain their momentum higher. Meanwhile, eToro is delisting ADA and TRX from its platform, citing U.S. regulatory concerns.

From Omicron Token Rallying To Kimbal Musk Launching a DAO: 8 Crypto Updates You Should Know

CNBC: November 29, 2021

After a sell-off last week, bitcoin and other top cryptocurrencies by market value began to rebound on Monday. Though it fell as low as $53,549 after stocks and other riskier assets declined over fears regarding the new coronavirus variant, bitcoin topped $58,000 on Monday afternoon.

Bank of America Now Says The Crypto Metaverse Is a ‘Massive Opportunity’

Crypto Slate: December 3, 2021

A strategist at the Bank of America, Haim Israel, in a recent interview has declared that the new buzzword in the crypto space, Metaverse, holds a lot of potential for the crypto industry and it could be the niche that would drive the global adoption of the space.

Blockchain Parser Catches Significant Amounts of ‘Cold BTC’ Moved to Active Exchanges

Bitcoin.com: December 2, 2021

Onchain statistics indicate that whales and long-term holders (LTHs) have been spending over the last month and blockchain parsers have witnessed enormous movements in recent days.

In 2022 Crypto And The Specter Of Inflation Loom Large In Wealth Management

Forbes: November 30, 2021

Covid-19 permanently changed the ways in which customers seek advice and how financial advisors dispense it. As customers and advisors alike have permanently adopted new ways of interacting in digital channels, new challenges will face wealth management firms in 2022.

Robby Ramos

Robby Ramos

Director of Digital Marketing | Bridging the gap between digital assets and financial institutions.