Microstrategy (MSTR) has “outperformed every asset class and big tech stock” since the company adopted a bitcoin strategy and started accumulating the cryptocurrency in its corporate treasury, says CEO Michael Saylor. The pro-bitcoin executive will be stepping down as the CEO of Microstrategy and take the role of the company’s executive chairman to focus on bitcoin. Microstrategy’s Performance Since Adopting Bitcoin Strategy The Nasdaq-listed software company Microstrategy Inc. (Nasdaq: MSTR) released its Q2 financial results Tuesday. CEO Michael Saylor tweeted Wednesday: Since adopting a bitcoin strategy, MSTR has outperformed every…
Month: August 2022
Why Bitcoin Investors Should Pay Attention To The Macro Environment
It can no longer be denied that the price of bitcoin is being heavily influenced by the macro environment. The stock market correlation had hit a new all-time high earlier in the year, and the crypto market is yet to decouple from it. Given this, bitcoin investors would do well to react accordingly and pay attention to the stock market for a possible forecast of where the bitcoin price may be headed, and here are some reasons why. Institutional Investors Are Here The call for institutional adoption had been loud…
Amazing Fair Diamond Mining Technology – Processing Gemstones With Modern Machines & Incredible Tech
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ever Wondered What the Deepest Hole We Can Possibly Dig is Used for? On This Occasion, We Will Show You How Fair Diamonds Are Mined, Processed, Extracted, Cut, and Polished to Perfection. Welcome to Botswana, Africa: the second-largest producer of diamonds in the world (1.Russia). Natural diamonds have ages between 1 billion and 3.5 billion years. They were formed at depths between 150 and 250 kilometers / 93 and 155 miles in the Earth’s mantle, and some even deeper. Rough diamonds were…
Robinhood CEO Shuts Down FTX M&A Chatter, Says He Has Money to Do His Own Deals
The chief executive officer of Robinhood Markets (HOOD), the brokerage whose stock has lost about three-quarters of its value since its debut last year, tried to shut down speculation Wednesday that his firm might become a takeover target of crypto giant FTX. Source
TARİHİ YAYIN! BÜYÜK PATLAMA GELECEK! BITCOIN – ALTCOİN, ALTIN VE HİSSE SENETLERİNDE BÜYÜK OLAYLAR
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Büyük merakla beklediğimiz ve Bitcoin, altcoin ve stock market yani hisse senedi piyasasını şoke edebilecek büyük dalgaları getirebilen ABD enflasyon verisi olan CPI bugün açıklanıyor. Kriptolar, BTC düşer mi yükselir mi canlı yayınla takip edip anı anına analiz ediyoruz. Kanala abone olmayı unutma. Telegram’a gel! BÜYÜK EMEKLİLİK PROGRAMI İÇİN TIKLA VE KAYDET; İletişim: kriptosozluktv@gmail.com Yeni videoları kaçırmamak için abone ol: Katıl ve avantajlar elde et: 00:00 GİRİŞ 00:30 PİYASALARDA ÖNEMLİ GELİŞMELER 07:45 ZİGZAG MODELİNE GÖRE BITCOIN 12:38 ÖNEMLİ HABERLER 25:40 ABD ENFLASYON…
US Senate Bill Will Give CFTC Crypto Market Oversight – But Doesn’t Say How Much
“Right now, there’s really a patchwork of state regulations and no federal agency to conduct oversight over the cryptocurrencies, and we know that needs to change,” said Sen. Debbie Stablenow (D-Mich.), the committee’s chairwoman, who unveiled the bill Wednesday with the panel’s ranking Republican, Sen. John Boozman (R-Ark.). “The money of American consumers is at risk.” Source
3 key Ethereum derivatives metrics suggest $1,600 ETH support lacks strength
Ether (ETH) price is up 60% since May 3, outperforming leading cryptocurrency Bitcoin (BTC) by 32% over that span. However, evidence suggests the current $1,600 support lacks strength as network use and smart contract deposit metrics weakened. Moreover, ETH derivatives show increasing sell pressure from margin traders. The positive price move was primarily driven by growing certainty of the “Ethereum merge” transition to a proof-of-stake (PoS) consensus network in September. During the Ethereum core developers conference call on July 14, developer Tim Beiko proposed Sept. 19 as the tentative target…
Ethereum Classic Is Not Ethereum so a Merge-Fueled Rally Won't Last
CryptoX – Cryptocurrency Analysis and News Portal “Based on the fundamentals, it’s unlikely Ethereum Classic has any long-term viability,” Messari wrote in a report. Source The post Ethereum Classic Is Not Ethereum so a Merge-Fueled Rally Won't Last appeared first on CryptoX. CryptoX Portal
Ethereum Classic Is Not Ethereum so a Merge-Fueled Rally Won't Last: Messari
“Based on the fundamentals, it’s unlikely Ethereum Classic has any long-term viability,” Messari wrote in a report. Source
Amid Crypto Carnage, Huge Traders Remain Super Bullish on Bitcoin
Talk of a lengthy “crypto winter” has many investors fretting, so the bullishness among professionals with much at stake stands out. As with conventional markets such as stocks, though, crypto’s path does probably hinge on whatever the Federal Reserve does with U.S. interest rates. And, indeed, Cumberland’s clients took that view. “It’s very striking that the most common response for both positive and negative catalysts is movement by the Fed,” according to the report. Original Source BitcoinBullishCarnageCryptoHugeRemainSuperTraders CryptoX Portal