The decline has come as ether, the token of the Ethereum blockchains, and other cryptocurrencies have plummeted from record highs little more than a year ago. ETH was recently trading at about $1,300, down 64% from the start of the year when the second largest crypto by market capitalization was still hovering near $4,000. The number of projects built on the Ethereum platform over this period has plummeted as some projects have failed and increasingly risk averse investors have deployed their money at a slower rate than during 2021’s bull market.
MicroStrategy Doubles Down on Bitcoin, provides 2,138 BTC to Attain 446,400
MicroStrategy has continued its aggressive Bitcoin acquisition technique, buying an extra 2,138 BTC for $209 million, bringing its whole holdings...
