BTC $11,572 (+2.2%) • ETH $387 (+2.9%) • XRP $0.28 (+0.1%) ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

	American software firm buys up $250 million in Bitcoin, stock jumps 10% BTC $11,572 (+2.2%) • ETH $387 (+2.9%) • XRP $0.28 (+0.1%) CryptoSlate Aug 12 Nasdaq-listed American enterprise software firm Microstrategy said it purchased over $250 million in Bitcoin this year, an announcement that pumped its stock prices up by 10 percent. As per a release Tuesday, Microstrategy said Bitcoin is now a cornerstone of its financial strategy in the coming years, especially as the US battles with the ill-effects of the coronavirus pandemic and the risks of over-inflation. Read the full story here ➡️ More news ⏬ Bitfinex traders are longing Tezos (XTZ) in record numbers as price flirts with $4 Ever factoring in the 12 percent correction Tezos has seen in the past day, the cryptocurrency is one of the top-performing in the past week. 2 min read → Thanks to our premium sponsors ⭐️ CryptoAltum - CryptoAltum is a leading trading platform with a special leaning towards digital assets. Its mission is to make crypto trading easy and accessible to everyone. ⭐️ XBTPro Exchange - $250 welcome bonus, zero fees on deposits, and very low trading fees. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Debate about Ethereum’s supply is no better than Roubini bashing Bitcoin: Andreas Antonopoulos Aside from DeFi, the debate about Ethereum’s current circulating supply has been the most-discussed topic on Crypto Twitter over recent days. 2 min read → What is Yam? The YFI-AMPL clone with lures of 10,000% returns Yam, a new DeFi project put together in ten days with no audit, guaranteed risks, and never-seen-before returns locked upwards of $180 million hours after launch on August 11. 2 min read → Here’s what on-chain data is saying about Band Protocol’s 30% decline Band Protocol (BAND) has been garnering significant attention over the past few weeks due to its intense rally that sent it from the lower-$4.00 region in early-August to highs of nearly $18.00 that were set earlier this week. 2 min read → Crypto market data For more pertinent market data, please see: 🌚 Cryptocurrency Rankings 📈 Biggest Gainers - 24h 📉 Biggest Losers - 24h 💰 Highest Volume - 24h 🆕 Recently Added Coins Connect with us Telegram Instagram Twitter Facebook LinkedIn Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? Share © 2020 Zenzio Incorporated Unsubscribe 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332