MicroStrategy Plans to Offer $400 Million of Senior Secured Notes

MicroStrategy recently made public plans to offer $400 million worth of senior secured notes to purchase additional bitcoins. The company, founded in 1989, would be acquiring its third security debt offering with over $2 billion worth of Bitcoin invested through credit raised from the sale of convertible security tokens and direct cash purchases. The fortune 500 company intends to offer senior secured notes due 2028. However, it will depend on market conditions like volatility, among others. The company has no…

A New Study Says Bitcoin is Too Volatile to be a Long-term Investment Option

It seems the revolution of cryptos and digital assets in the mainstream finance space is a disruptive force. Various flaws associated with traditional financial institutions and traditional forms of money were revealed during the economic troubles that ensued in 2008 and it appears that cryptocurrencies such as Bitcoin responded to them. Issues related to cryptos in the time of digital money were expatiated in a research paper published recently by Stanford Graduate School of Business. The paper also discussed whether or not regulatory bodies are necessary…

Millennials and Future Adoption of Bitcoin

Attempts to save the economy have forced the U.S. to continue with plans to print more money. However, cryptocurrency market participants believe that the plan is providing a platform for Bitcoin to go even further mainstream. The possibility of low interest rates and Quantitative Easing (QE) to create greater debt in the years ahead has been noted by many reports. In recent times, Sven Henrich of NorthmanTrader tweeted about the QE measures: “Ever since low rates and QE the entire growth curve as stalled.…

Bitcoin is a Market Bubble and It is Not a Good Investment, Says Critics in a Book

Many people still do not believe in cryptocurrencies, especially Bitcoin as some call it a bubble. This is exactly the belief of the authors of a book in recent times, where they noted that Bitcoin is a typical case of a market bubble whose value will decline remarkably, without regard to the fluctuations at the moment. The authors carried out a technical analysis, with a focus on price fluctuation, trading volume together with available signals and concluded that Bitcoin will continue to…