MSTR Stock Inks Slight Gains in Pre-Market as MicroStrategy Tops Its Bitcoin Bag
Since last August when MicroStrategy made its first-ever Bitcoin purchase, the firm, under Michael Saylor’s leadership has not relented in topping its bag.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Since last August when MicroStrategy made its first-ever Bitcoin purchase, the firm, under Michael Saylor’s leadership has not relented in topping its bag.
A new Visa report has revealed that at least 40% of crypto owners could be changing their financial institutions to those who support crypto-related services.
The Bitwise CIO believes that Bitcoin will not set any further price records for the remainder of 2021, but may instead rally in 2022.
With the LDK, Spiral aims to foster BTC adoption by “providing a way for people in different parts of the world … to store value and engage in economic activity.”
The jury in the Kleiman case had a tough job and they were mostly unable to agree on the majority of the counts levied against Craig Wright.
FTSE says its crypto index will be on the same rung as its FTSE 100 and Russell 2000, and will feature 43 different crypto assets.
A major reason for the Bitcoin plunge can be attributed to the prevailing regulatory opposition.
Kazantsev explained the logic that allows Goldman Sachs to execute trades with larger national values. He observed that cryptocurrency options could hedge existing risks or take on additional market exposure.
The researchers conclude that Ether provides “better inflationary hedging properties than Bitcoin, and Ether may therefore offer a superior long-term value storage than Bitcoin.”
Speaking of other crypto projects, Gary Gensler said that these projects need to be under the regulatory realm by providing clear and straightforward information.
Leveraging on this innovation, Fidelity Clearing became Canada’s first IIROC-regulated dealer to offer a trading and custody solution for institutional investors.
WisdomTree expressed delight as it unveiled that its crypto basket exchange-traded product (ETP) is going live on Euronext today.
Jurors in the Craig Wright case are facing a tough call on deciding upon the final conclusion. However, the jury has asked them to take as much time as required and avoid a mistrial.
The company’s move to introduce a spot Bitcoin ETF in Canada comes after the Securities Exchange Commission in the United States took too long to give a nod to a tedious debate on Spot Bitcoin ETF.
As fears of rising inflation get real, Fed Chairman Jerome Powell admits that it is no more transitory. While the Dollar Index (DXY) surged, everything including Gold, stocks, Bitcoin, and commodities corrected.