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Bitcoin Stumbles Below $46,000 as MacroStrategy Secures BTC-Backed Loan

MicroStrategy’s crypto subsidiary, MacroStrategy, has secured a $205 million Bitcoin (BTC) collateralized loan from Silvergate Bank through its SEN leverage program. Macrostrategy revealed that it would use the proceeds of the loan to purchase more Bitcoins. Silvergate Bank, the banking subsidiary of Silvergate Capital Corporation, revealed last week that it had agreed to one of […]

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Crypto Trading is Not Gambling, Says UK Government

UK Government Reveals Plans to Become Crypto-Asset Technology Staple Name

The cryptocurrency market welcomed the news that the British government plans to make the UK a staple name in global crypto-asset technology. The UK government revealed several ways it plans on achieving this feat on Monday, including regulating stablecoins, creating a “financial market infrastructure sandbox” to foster blockchain and crypto technology-related innovations, organizing a Financial […]

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