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Bitcoin Bitcoin (BTC) $118,177.04 ↑ 2.07%
Ethereum Ethereum (ETH) $3,736.82 ↑ 2.79%
XRP XRP (XRP) $3.19 ↑ 4.91%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.02%
BNB BNB (BNB) $781.24 ↑ 1.96%
Solana Solana (SOL) $187.39 ↑ 5.06%
USDC USDC (USDC) $1.00 ↑ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 6.27%
TRON TRON (TRX) $0.32 ↑ 1.44%
Cardano Cardano (ADA) $0.83 ↑ 5.89%
Hyperliquid Hyperliquid (HYPE) $44.16 ↑ 4.10%
Sui Sui (SUI) $4.20 ↑ 14.20%
Stellar Stellar (XLM) $0.44 ↑ 6.88%
Chainlink Chainlink (LINK) $18.38 ↑ 4.29%
Hedera Hedera (HBAR) $0.28 ↑ 13.85%
Bitcoin Cash Bitcoin Cash (BCH) $556.00 ↑ 3.86%
Avalanche Avalanche (AVAX) $24.83 ↑ 6.84%
Litecoin Litecoin (LTC) $113.74 ↑ 2.80%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 4.77%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.03%
Toncoin Toncoin (TON) $3.30 ↑ 5.85%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.01%
Polkadot Polkadot (DOT) $4.14 ↑ 4.60%
Uniswap Uniswap (UNI) $10.44 ↑ 3.31%
Monero Monero (XMR) $324.14 ↓ -0.15%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.56 ↑ 2.00%
Pepe Pepe (PEPE) $0.00 ↑ 5.26%
Aave Aave (AAVE) $294.91 ↑ 2.12%
Cronos Cronos (CRO) $0.14 ↑ 8.24%
Bittensor Bittensor (TAO) $430.80 ↑ 5.12%
NEAR Protocol NEAR Protocol (NEAR) $2.89 ↑ 7.15%
Ethena Ethena (ENA) $0.56 ↓ -0.99%
Ethereum Classic Ethereum Classic (ETC) $22.78 ↑ 4.23%
Pi Pi (PI) $0.44 ↑ 1.27%
Ondo Ondo (ONDO) $1.05 ↑ 5.02%
Aptos Aptos (APT) $4.83 ↑ 4.04%
Internet Computer Internet Computer (ICP) $5.67 ↑ 4.62%
OKB OKB (OKB) $48.20 ↑ 0.98%
Bonk Bonk (BONK) $0.00 ↑ 3.30%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 15.89%
Mantle Mantle (MNT) $0.79 ↑ 4.86%
Kaspa Kaspa (KAS) $0.10 ↑ 3.23%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 3.34%
Algorand Algorand (ALGO) $0.27 ↑ 6.27%
Arbitrum Arbitrum (ARB) $0.45 ↑ 4.69%
VeChain VeChain (VET) $0.03 ↑ 3.84%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.00%
GateToken GateToken (GT) $17.84 ↑ 1.98%
Render Render (RENDER) $4.23 ↑ 5.88%
Worldcoin Worldcoin (WLD) $1.17 ↑ 5.41%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.23 ↑ 4.59%
Sky Sky (SKY) $0.09 ↑ 4.84%
Sei Sei (SEI) $0.34 ↑ 6.90%
Cosmos Cosmos (ATOM) $4.75 ↑ 3.92%
SPX6900 SPX6900 (SPX) $1.99 ↑ 16.03%
Filecoin Filecoin (FIL) $2.66 ↑ 4.16%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 3.58%
Flare Flare (FLR) $0.02 ↑ 9.23%
Jupiter Jupiter (JUP) $0.56 ↑ 6.79%
Story Story (IP) $5.51 ↑ 6.86%
KuCoin Token KuCoin Token (KCS) $11.60 ↓ -3.19%
Quant Quant (QNT) $121.45 ↑ 2.02%
Injective Injective (INJ) $14.54 ↑ 9.50%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
XDC Network XDC Network (XDC) $0.09 ↑ 3.26%
Curve DAO Token Curve DAO Token (CRV) $1.04 ↑ 1.68%
Celestia Celestia (TIA) $1.94 ↑ 5.48%
Fartcoin Fartcoin (FARTCOIN) $1.36 ↑ 6.93%
Four Four (FORM) $3.39 ↑ 1.03%
Stacks Stacks (STX) $0.81 ↑ 5.20%
Optimism Optimism (OP) $0.73 ↑ 5.49%
FLOKI FLOKI (FLOKI) $0.00 ↑ 4.54%
Ethereum Name Service Ethereum Name Service (ENS) $29.71 ↑ 7.94%
dogwifhat dogwifhat (WIF) $1.08 ↑ 5.88%
Immutable Immutable (IMX) $0.57 ↑ 5.60%
The Graph The Graph (GRT) $0.11 ↑ 3.79%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 5.72%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 17.26%
Kaia Kaia (KAIA) $0.17 ↑ 3.73%
Lido DAO Lido DAO (LDO) $1.08 ↑ 1.87%
Sonic Sonic (S) $0.33 ↑ 3.46%
PancakeSwap PancakeSwap (CAKE) $2.77 ↑ 5.43%
PAX Gold PAX Gold (PAXG) $3,355.36 ↑ 0.43%
Tezos Tezos (XTZ) $0.89 ↑ 2.83%
Conflux Conflux (CFX) $0.18 ↑ 0.76%
Vaulta Vaulta (A) $0.57 ↑ 2.57%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.02%
Theta Network Theta Network (THETA) $0.89 ↑ 4.67%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 4.14%
Nexo Nexo (NEXO) $1.31 ↓ -0.69%
IOTA IOTA (IOTA) $0.21 ↑ 6.46%
Raydium Raydium (RAY) $3.09 ↑ 7.76%
Tether Gold Tether Gold (XAUt) $3,346.89 ↑ 0.45%
Gala Gala (GALA) $0.02 ↑ 5.23%
The Sandbox The Sandbox (SAND) $0.31 ↑ 5.20%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 4.15%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 5.86%
Pendle Pendle (PENDLE) $4.41 ↓ -0.28%
Jito Jito (JTO) $1.97 ↑ 3.45%
Bitcoin Bitcoin (BTC) $118,177.04 ↑ 2.07%
Ethereum Ethereum (ETH) $3,736.82 ↑ 2.79%
XRP XRP (XRP) $3.19 ↑ 4.91%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.02%
BNB BNB (BNB) $781.24 ↑ 1.96%
Solana Solana (SOL) $187.39 ↑ 5.06%
USDC USDC (USDC) $1.00 ↑ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 6.27%
TRON TRON (TRX) $0.32 ↑ 1.44%
Cardano Cardano (ADA) $0.83 ↑ 5.89%
Hyperliquid Hyperliquid (HYPE) $44.16 ↑ 4.10%
Sui Sui (SUI) $4.20 ↑ 14.20%
Stellar Stellar (XLM) $0.44 ↑ 6.88%
Chainlink Chainlink (LINK) $18.38 ↑ 4.29%
Hedera Hedera (HBAR) $0.28 ↑ 13.85%
Bitcoin Cash Bitcoin Cash (BCH) $556.00 ↑ 3.86%
Avalanche Avalanche (AVAX) $24.83 ↑ 6.84%
Litecoin Litecoin (LTC) $113.74 ↑ 2.80%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 4.77%
UNUS SED LEO UNUS SED LEO (LEO) $8.98 ↑ 0.03%
Toncoin Toncoin (TON) $3.30 ↑ 5.85%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.01%
Polkadot Polkadot (DOT) $4.14 ↑ 4.60%
Uniswap Uniswap (UNI) $10.44 ↑ 3.31%
Monero Monero (XMR) $324.14 ↓ -0.15%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.56 ↑ 2.00%
Pepe Pepe (PEPE) $0.00 ↑ 5.26%
Aave Aave (AAVE) $294.91 ↑ 2.12%
Cronos Cronos (CRO) $0.14 ↑ 8.24%
Bittensor Bittensor (TAO) $430.80 ↑ 5.12%
NEAR Protocol NEAR Protocol (NEAR) $2.89 ↑ 7.15%
Ethena Ethena (ENA) $0.56 ↓ -0.99%
Ethereum Classic Ethereum Classic (ETC) $22.78 ↑ 4.23%
Pi Pi (PI) $0.44 ↑ 1.27%
Ondo Ondo (ONDO) $1.05 ↑ 5.02%
Aptos Aptos (APT) $4.83 ↑ 4.04%
Internet Computer Internet Computer (ICP) $5.67 ↑ 4.62%
OKB OKB (OKB) $48.20 ↑ 0.98%
Bonk Bonk (BONK) $0.00 ↑ 3.30%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 15.89%
Mantle Mantle (MNT) $0.79 ↑ 4.86%
Kaspa Kaspa (KAS) $0.10 ↑ 3.23%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 3.34%
Algorand Algorand (ALGO) $0.27 ↑ 6.27%
Arbitrum Arbitrum (ARB) $0.45 ↑ 4.69%
VeChain VeChain (VET) $0.03 ↑ 3.84%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.00%
GateToken GateToken (GT) $17.84 ↑ 1.98%
Render Render (RENDER) $4.23 ↑ 5.88%
Worldcoin Worldcoin (WLD) $1.17 ↑ 5.41%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.23 ↑ 4.59%
Sky Sky (SKY) $0.09 ↑ 4.84%
Sei Sei (SEI) $0.34 ↑ 6.90%
Cosmos Cosmos (ATOM) $4.75 ↑ 3.92%
SPX6900 SPX6900 (SPX) $1.99 ↑ 16.03%
Filecoin Filecoin (FIL) $2.66 ↑ 4.16%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 3.58%
Flare Flare (FLR) $0.02 ↑ 9.23%
Jupiter Jupiter (JUP) $0.56 ↑ 6.79%
Story Story (IP) $5.51 ↑ 6.86%
KuCoin Token KuCoin Token (KCS) $11.60 ↓ -3.19%
Quant Quant (QNT) $121.45 ↑ 2.02%
Injective Injective (INJ) $14.54 ↑ 9.50%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.03%
XDC Network XDC Network (XDC) $0.09 ↑ 3.26%
Curve DAO Token Curve DAO Token (CRV) $1.04 ↑ 1.68%
Celestia Celestia (TIA) $1.94 ↑ 5.48%
Fartcoin Fartcoin (FARTCOIN) $1.36 ↑ 6.93%
Four Four (FORM) $3.39 ↑ 1.03%
Stacks Stacks (STX) $0.81 ↑ 5.20%
Optimism Optimism (OP) $0.73 ↑ 5.49%
FLOKI FLOKI (FLOKI) $0.00 ↑ 4.54%
Ethereum Name Service Ethereum Name Service (ENS) $29.71 ↑ 7.94%
dogwifhat dogwifhat (WIF) $1.08 ↑ 5.88%
Immutable Immutable (IMX) $0.57 ↑ 5.60%
The Graph The Graph (GRT) $0.11 ↑ 3.79%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 5.72%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 17.26%
Kaia Kaia (KAIA) $0.17 ↑ 3.73%
Lido DAO Lido DAO (LDO) $1.08 ↑ 1.87%
Sonic Sonic (S) $0.33 ↑ 3.46%
PancakeSwap PancakeSwap (CAKE) $2.77 ↑ 5.43%
PAX Gold PAX Gold (PAXG) $3,355.36 ↑ 0.43%
Tezos Tezos (XTZ) $0.89 ↑ 2.83%
Conflux Conflux (CFX) $0.18 ↑ 0.76%
Vaulta Vaulta (A) $0.57 ↑ 2.57%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.02%
Theta Network Theta Network (THETA) $0.89 ↑ 4.67%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 4.14%
Nexo Nexo (NEXO) $1.31 ↓ -0.69%
IOTA IOTA (IOTA) $0.21 ↑ 6.46%
Raydium Raydium (RAY) $3.09 ↑ 7.76%
Tether Gold Tether Gold (XAUt) $3,346.89 ↑ 0.45%
Gala Gala (GALA) $0.02 ↑ 5.23%
The Sandbox The Sandbox (SAND) $0.31 ↑ 5.20%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 4.15%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 5.86%
Pendle Pendle (PENDLE) $4.41 ↓ -0.28%
Jito Jito (JTO) $1.97 ↑ 3.45%
Home Cryptocurrency

Microsoft Rejects Bitcoin Investment Proposal, Sparking Debate

David Moore by David Moore
11 December 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
Microsoft is rejection of Bitcoin investment. The design features the Microsoft logo alongside a Bitcoin symbol

Microsoft’s decision to reject a proposal to invest in Bitcoin has drawn criticism from the crypto community. The proposal, titled “Evaluating Bitcoin Investment,” suggested allocating 1% of the company’s total assets to Bitcoin as a hedge against inflation. Despite Bitcoin’s growing popularity among institutional investors, Microsoft’s board cited concerns over volatility and prioritized liquidity and operational funding needs.

Table of Contents

Toggle
  • Justin Sun Criticizes Microsoft’s Move
    • YOU MAY BE INTERESTED
    • Only Hours Left: Troller Cat’s Balloon Hoax Finale Powers the Best Meme Coin Presale This Week as Dogwifhat and Official Trump Retrace
    • AVAX to $100 or Bust? Here’s What Analysts Say for 2025 and 2026
  • Eric Trump and Crypto-Friendly Policies
  • The Larger Implications

Justin Sun Criticizes Microsoft’s Move

Tron (TRX) founder Justin Sun openly criticized Microsoft’s decision, sarcastically suggesting on X (formerly Twitter) that the company consider investing when Bitcoin reaches $1 million. Sun’s comment came during a period when Bitcoin’s price surged from $85,155 to $103,900 within 30 days.

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Critics argue that Microsoft’s stance might result in missed opportunities, especially as companies like MicroStrategy continue to embrace Bitcoin. The crypto community highlighted the potential for strategic missteps, given Bitcoin’s current market fluctuations, with a peak valuation of $2 trillion before settling at $1.9 trillion.

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twitter screenshot 2

Eric Trump and Crypto-Friendly Policies

The debate over Bitcoin’s adoption gained further traction with Eric Trump’s remarks on the potential of Bitcoin under a crypto-friendly administration. As the son of President-elect Donald Trump, Eric predicted Bitcoin could reach $1 million, supported by a pro-crypto government.

The administration’s plans include appointing former PayPal COO David Sacks to oversee AI and crypto policies in the White House. According to Axios, the administration’s vision involves promoting cryptocurrencies and positioning Bitcoin as an “alternative stock market,” with a near-term target of $150,000 for Bitcoin.

The Larger Implications

Microsoft’s conservative approach contrasts with the increasing institutional acceptance of Bitcoin. Critics argue that the tech giant’s decision could signal a reluctance to engage with the evolving financial landscape. However, proponents of Microsoft’s position highlight the importance of financial stability and risk management.

For more updates on cryptocurrency trends and industry news, follow Turkish NY Radio.

Tags: Eric Trump crypto policiesinstitutional Bitcoin adoptionJustin Sun criticismMicrosoft Bitcoin rejection
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David Moore

David Moore

I am a writer/editor and aspiring author with a high level of editing, writing, communication, leadership and research skills. I possess the proven ability to copy edit, write, fact check, format, calculate and verify numbers/percentages, interview people, perform research, teach and produce something meaningful from scratch. I've worked in various industries and in a number of team environments, including in support roles. In addition to my identity as a financier, I have had the opportunity to write editorial in other sectors throughout my life. Without saying no to these demands, I tried to expand my range and go beyond the field of finance. I have experience editing academic course material, financial services/investment copy, valuation/appraisal content, packaging/caution language and marketing/promotional material. I was on the basketball team when I was in college, but after I got injured, I continued to support the coach and my teammates. I learned leadership skills and continued to coach basketball teams. I've managed young people, and excelled in a number of office cultures. I’m currently working as a Financial Editor for different digital news channels, with contents about personal finance management and cryptocurrencies. economy

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