The Most Ear-Pleasing Bitcoin Rumor is Back
An unconfirmed announcement circulating on Reddit has disclosed Steam’s plans to integrate Bitcoin payments into its gaming platform. An unconfirmed announcement circulating on Reddit has disclosed Steam’s plans to integrate Bitcoin payments into its gaming platform. According to a snapshot allegedly taken from the publicly unavailable Steamworks Development forum, the gaming distribution platform is close to forming a partnership with an “external payment provider” to add Bitcoin support. The announcement reads: “Bitcoin is becoming an increasingly popular online payment method in some....
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Major fashion company H&M has denied the rumor that it is opening a store in the metaverse. According to false reports, customers could walk through the store and purchase products in the Ceek metaverse.
H&M Denies Metaverse Rumor and Collaboration With Ceek
Several major publications reported Monday that retail clothing giant H&M has opened a 3D store in the metaverse, including the Economic Times and Mashable India.
H&M (Hennes & Mauritz) is a major fashion and design company with 53 online markets and stores in 75 markets worldwide. One of the largest clothing....
Bitcoin has broken a new five-month high on Friday after breaking above $60,000. The digital asset had begun its ascent weeks prior at the beginning of October, a historically bullish month for cryptocurrencies. This rally has been mostly driven by rumors that the SEC is set to approve the first Bitcoin ETF in the United States. With news like this circulating in the market, traders have ramped up their activities in the market. The rumors have triggered massive buying activities in the market and this has led to the price rally we are currently witnessing in the market. Related Reading....
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the price of the cryptocurrency “falls below $3,562 the company could post some other collateral,” the executive explained.
Microstrategy Hasn’t Received a Margin Call
Microstrategy CEO Michael Saylor debunked the rumor that his company is close to having to liquidate its bitcoin to meet a margin call for a bitcoin-backed loan. The rumor intensified as the price of BTC....
The CEO of the Nasdaq-listed company Microstrategy has dispelled the rumor that his company has been quietly selling bitcoin. He explained that as a company regulated by the Securities and Exchange Commission (SEC), changes in bitcoin holdings must be disclosed to shareholders via SEC filings.
Microstrategy’s CEO Points Out Any Bitcoin Sales Must Be Publicly Disclosed to SEC and Shareholders
This week, a rumor has been circulating on social media that the Nasdaq-listed pro-bitcoin software company Microstrategy has been quietly selling its BTC.
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Recently, digital currency enthusiasts were on a high as the bitcoin price jumped to around $300. While the excitement was short-lived (bitcoin price has since fallen back down to about $270), we can use this little price splurge to realize that things never stay doomed forever. Bitcoin has been experiencing massive fluctuations over the past several weeks. Everyone was waiting at the edge of their seats, wondering if and when the price would ever jump back up to something higher, larger, and ultimately more pleasing. While $300 isn't exactly the peak we were looking for, we can take this....