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MicroStrategy Posts Q1 Profit, Reaffirms Commitment to Bitcoin Investment Strategy
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
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Good news for Facebook regarding their upcoming cryptocurrency libra.
Facebook’s upcoming cryptocurrency libra has faced a lot of opposition from politicians and other rulers recently.
Among other things, American President Donald Trump has criticized the cryptocurrency, and the US Congress is considering banning libra.
However, everything is not negative for Facebook’s cryptocurrency. A new survey made by the trading platform Etoro shows that interest in libra is big.
The study shows that 16 percent of all adult Americans have heard of libra.
That may not seem like a lot compared to bitcoin which is at 58 percent. But it is still impressing considering that Facebook revealed the plans to launch the cryptocurrency just a month ago.
In addition, libra is already ahead of all the altcoins mentioned in the survey. For example, only twelve percent of respondents had heard of ethereum, which is at number three on the list.
Recently, another study showed that many will avoid using Facebook’s cryptocurrency because of the company’s poor reputation in privacy issues. You can read about that here.
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