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Semler Scientific reports $42M paper loss on Bitcoin, floats $500M stock sale

Healthcare technology firm Semler Scientific has reported paper losses on its Bitcoin holdings over the first quarter of this year as the cryptocurrency saw a heavy correction.  The firm reported a preliminary unrealized loss from the change in fair value of Bitcoin holdings of approximately $41.8 million since Dec. 31, according to a filing with […]

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Bitcoin bulls ‘coming back’ as key metric on Binance flips to neutral

Bullish sentiment could be returning to Bitcoin as a key metric from Binance, the largest crypto exchange by trading volume, shows that buyers are starting to dominate the platform’s volumes. The Binance Taker Buy Sell Ratio, which calculates the ratio of buyers to sellers of Bitcoin (BTC) in Binance, “has returned to neutral territory,” CryptoQuant […]

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UK lawmaker’s X account hacked to boost scam ‘House of Commons Coin’

The X account of UK Member of Parliament and Leader of the House of Commons, Lucy Powell, was hacked to promote a scam crypto token. In a series of now-deleted posts on April 15, Powell’s X account shared links to a token called the House of Commons Coin (HOC), describing it as “a community driven […]

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Strive targets Intuit for Bitcoin buys after orange-pilling GameStop

Fresh from successfully convincing game retailer GameStop to add Bitcoin to its balance sheet, Strive Asset Management CEO Matt Cole has now set his sights on fintech firm Intuit to do the same. Cole said in an April 14 open letter to Intuit CEO Sasan Goodarzi that Intuit’s growth is admirable, but Bitcoin (BTC) is […]

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Mantra CEO plans to burn team’s tokens in bid to win community trust

Mantra CEO John Mullin said he is planning to burn all of his team’s tokens in order to win back the trust of the network’s community following the sudden collapse of the Mantra (OM) token on April 13. “I’m planning to burn all of my team tokens and when we turn it around the community […]