News updates December 1, 2021

1. MicroStrategy bought another $414 million of  Bitcoin today and they now hold 121,000 Bitcoin. 

Originally we thought it looked like their goal was to accumulate 100,000. Now saylor might just not stop until he has a million Bitcoin

2. 

Ether overtakes Bitcoin as the king of crypto with 530% return so far this year 

Ether is outperforming Bitcoin by the greatest amount this year since the native token of the Ethereum network was launched in 2015 as an alternative to the original cryptocurrency. 

While both are down from record highs set earlier this month, Ether has gained about 530% since December, compared with a doubling in value by Bitcoin, widening the performance gap between the two by more than 400 percentage points. Bitcoin’s market value is still almost double that of Ether at about $1.1 trillion.

3. Billionaire Investor Mike Novogratz: Gold Is Being ‘Crushed’ By Bitcoin

American billionaire investor Mike Novogratz says that Bitcoin has “crushed” gold in terms of performance and adoption.