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06:19
Vitalik: Ethereum network still needs to improve user understanding
ChainCatcher reported that Ethereum co-founder Vitalik Buterin stated that the Ethereum blockchain needs to better explain its functionalities to users in order to achieve true trustlessness, which is a common challenge faced by all blockchain protocols.
06:13
Analysis: If the Crypto Treasury company is removed from MSCI, it could trigger a outflow of $10 to $15 billion
BlockBeats News, December 18th, BitcoinForCorporations released a report stating that if the MSCI Capital International Index decides to exclude cryptocurrency treasury companies from its index, these companies may be forced to sell up to $15 billion in crypto assets. The organization opposing MSCI's proposal, "BitcoinForCorporations," predicted based on a "preliminary verified list" containing 39 companies with a total market capitalization of $113 billion, that the outflow of funds could range between $10 billion and $15 billion. The organization further added that JPMorgan's analysis estimates that if Michael Saylor's MicroStrategy is removed from the MSCI index, it may face an outflow of $2.8 billion. This Bitcoin treasury company accounts for 74.5% of the affected companies' total market capitalization. Analysts calculate that the total potential outflow of funds for all affected companies could reach $11.6 billion. Such a large-scale outflow would bring greater selling pressure to the crypto market, which has been in a downward trend for almost three months. As of the time of publication, the petition from "BitcoinForCorporations" has garnered 1268 signatures.
06:09
Michael Saylor says Strategy may purchase 1.5 million bitcoin
Michael Saylor stated on live television that Strategy may purchase up to 1.5 million bitcoin. (The Bitcoin Historian)
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