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Michael Saylor Announces Plan to Buy Bitcoin After Earnings Report MicroStrategy CEO, Michael Saylor, has revealed his intention to acquire more Bitcoin following the company’s recent earnings call. Saylor has been a vocal advocate for the leading cryptocurrency and has already invested heavily in it. During the earnings call, Saylor emphasized his belief in Bitcoin [...]
Arthur Hayes, the co-founder and former CEO of BitMEX, reveals doubts about Bitcoin’s long-term viability in light of the United States’ potential strategic reserve plans. Hayes, known for his outspoken views on the cryptocurrency industry, expressed concerns about regulatory uncertainties that could impact Bitcoin’s future. In a recent interview, Hayes discussed the possibility of the [...]
DigiAsia’s stock has surged by 90%, raising over $100 million for Bitcoin investments. This significant increase in share value highlights the growing interest in digital assets among investors worldwide. The surge in DigiAsia’s shares can be attributed to the increasing popularity of Bitcoin as a digital asset and an investment opportunity. With the recent rally [...]
MetaPlanet, a digital asset investment firm, recently made waves in the cryptocurrency market by acquiring a substantial amount of Bitcoin. The company managed to secure 1004 Bitcoin, marking it as one of the largest purchases in the industry. This significant acquisition solidifies MetaPlanet’s position as a key player in the world of cryptocurrency investment. The [...]
Ark Invest, led by prominent investor Cathie Wood, has reportedly purchased $27 million worth of Coinbase stock after the cryptocurrency exchange’s direct stock listing. This move comes amidst fears of potential Bitcoin ETF outflows as a result of proposed regulatory tariffs. Cathie Wood, known for her innovative investment strategies and focus on disruptive technologies, has [...]
The post Cathie Wood’s ARK Purchases $26 Million Worth of Coinbase Stock and Sells Bitcoin ETF appeared first on Crypto Breaking News.
Michael Saylor, the CEO of MicroStrategy, shared his strategy of holding onto Bitcoin during market drops rather than attempting to time the market by buying and selling. Saylor emphasized the importance of having a long-term approach to investing in Bitcoin, arguing that attempting to predict short-term price movements is a risky strategy. According to Saylor, [...]
The post Michael Saylor Pauses Bitcoin Purchases as Price Dips Below $87K: A Strategic Move appeared first on Crypto Breaking News.
Bitcoin is currently trading at a 40% discount as demand for spot BTC ETFs reaches $3 billion in just one week. This significant discount has sparked a surge in buying activity, driving up volumes and investor interest in the cryptocurrency market. The 40% markdown on Bitcoin prices presents a unique opportunity for investors looking to [...]
The post Bitcoin Trading at a 40% Discount: Spot BTC ETF Purchases Surge to $3 Billion in Just One Week appeared first on Crypto Breaking News.
Strategy is circling around mainstream media with its latest Bitcoin purchase. Its most recent press release revealed that the firm purchased 6,556 Bitcoins for $555.8 million. Popular on-chain analytics platform Lookonchain confirmed the purchase earlier today. Strategy acquired funds for this purchase from its two ATM (at-the-market) stock offering programs.
According to a recent report, Michael Saylor, the CEO of MicroStrategy, revealed that over 13,000 institutions have shown interest in adopting Bitcoin as part of their investment strategy. Saylor hinted at the possibility of more institutions buying Bitcoin in the near future. This news has created a buzz in the cryptocurrency market, with many experts [...]
The post Saylor’s BTC Purchase Hint Impacts Over 13K Institutions appeared first on Crypto Breaking News.
Pump Fun Introduces DeFi Lender Finance Memecoin Acquisition Pump Fun, a renowned decentralized finance (DeFi) platform, has recently announced the launch of a new and exciting memecoin called DeFi Lender Finance. This innovative token aims to revolutionize the DeFi space by offering unique utility and benefits to its holders. With the rise of memecoins in [...]
The post Introducing Pump.fun’s New Lending Platform for Financing Memecoin Purchases appeared first on Crypto Breaking News.
The crypto market continues to experience global macroeconomic uncertainties. Bitcoin and Ether continue their uncertain price movements, with no significant price surges. Meanwhile, Metaplent purchased additional Bitcoins today and became one of the largest Bitcoin holders. Metaplanet announced its latest purchase of 319 BTC on its official X account earlier
Ethena (ENA) is gaining more attention throughout the entire crypto market as it records impressive price and trading volume growth. The token currently trading at $0.3340, having appreciated by 6.02% within the last 24 hours, with its performance for the last week standing at an increase of 7.52%, which shows increased upward momentum. Alongside price […]
GameStop’s shares have experienced a notable increase in value recently amidst news of the company’s plans to invest in Bitcoin and issue debt notes. This significant development has captured the attention of investors and market analysts alike. The popular video game retailer has seen its stock price surge, signaling a potential shift in the company’s [...]
The post GameStop Soars 12% Following Announcement of Bitcoin Purchase Strategy appeared first on Crypto Breaking News.
The article discusses the recent increase in Bitcoin holdings by a billionaire BTC whale amidst heightened activity from other whales in the market. This wealthy individual has added to their already substantial stash of Bitcoin, indicating confidence in the cryptocurrency’s value and potential for future growth. The billionaire’s actions come at a time when other [...]
The post Enormous Bitcoin Whale Makes $200M Purchase of BTC, Second Whale Emerges After 8 Years of Dormancy appeared first on Crypto Breaking News.
Michael Saylor Teases Imminent Bitcoin Purchase Following Fundraising Efforts In recent developments, Michael Saylor, the CEO of MicroStrategy, has hinted at a forthcoming Bitcoin acquisition following the completion of a capital raise by the company. This potential move comes as no surprise, given MicroStrategy’s significant investment in Bitcoin over the past year. Saylor has been [...]
The post Saylor Teases Potential Bitcoin Purchase Following Successful Funding Round appeared first on Crypto Breaking News.
Texas is taking steps towards recognizing Bitcoin as a reserve asset. A recent legislative proposal aims to create a framework for the establishment of Bitcoin reserves by banks and financial institutions in the state. This move could potentially boost the adoption and acceptance of cryptocurrencies in the traditional financial sector. The bill, introduced by Texas [...]
The post Texas Legislator Proposes Limiting State’s Bitcoin Purchases to $250 Million appeared first on Crypto Breaking News.
The New York Federal Reserve has updated its rules for reverse repurchase agreements (RRP), potentially hindering Circle's access to the Fed's reverse-repurchase program. The Circle Reserve Fund is a money market fund only available to Circle and could be deemed ineligible under the Fed's updated guidelines. (Read More)
Russian citizens and firms doing business abroad may soon be restricted in the amount of foreign currency they are allowed to acquire, on order from Vladimir Putin. Russia’s head of state now wants his government to cap such purchases on the domestic forex market. President Putin Orders Russian Authorities to Limit Foreign Currency Purchases Russian [...]
The post Putin Wants Limit on Currency Purchases for Russians Dealing With Foreigners appeared first on Crypto Breaking News.
The first known crypto transaction was 10,000 Bitcoin for two pizzas; 13 years on, its ingredients alone equate to millions of dollars worth of Bitcoin.
Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in the U.S. Banking Sector It’s been [...]
The post Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025 appeared first on Crypto Breaking News.
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