MicroStrategy Buys 21,550 BTC for $2.1 Billion, Extending Holdings to 423,650 BTC
The share performance of MicroStrategy and Bitcoin's price have aligned similarly, with the firm's stock price changing alongside the cryptocurrency's. MicroStrategy co-founder Michael Saylor propeled the firm's Bitcoin acquisition by buying an...
Asset Tokenization: How Blockchain Improves Real-World Assets Ownership
Asset tokenization using blockchain technology allows real-world assets to be converted into digital tokens to make them more secure. Asset tokenization has become popular in...
These Events Will Shape Crypto Market Sentiment This Week
As the US election date approaches, various macroeconomic events are stirring volatility across the crypto market. The crypto market is poised for a volatile week...
Crypto Products Record $305M in Outflows: What to Know
Crypto products lost $305 million in outflows over the past week amid a looming US interest rate cut. The broader digital asset ecosystem is depicting...
Global Market Rout Intensifies as Japan’s Nikkei Index Visits Bear Market Territory
The crypto market suffered the single largest drop on Sunday since April 13 as the broader stock market, and Japan witnessed an equity rout. The...
Bernstein Predicts Potential Upside in 12 Bitcoin Mining Stocks
Bitcoin miners with efficient and active power strategies have the potential for valuation re-rating, Bernstein analysts disclose. Bernstein analysts firmly focus on the publicly-traded Bitcoin...
MicroStrategy’s Stock Overvalued Compared to Bitcoin, Report Shows
In a recent analysis by Kerrisdale Capital, MicroStrategy, a company renowned for its substantial Bitcoin holdings, has come under scrutiny for its stock trading at...
Charlie Munger Shares His Two Cents Amid Turbulent Market Conditions
In a recent interview with the Wall Street Journal, the acclaimed vice chairman of Berkshire Hathaway, Charlie Munger, provided a lot of insightful commentary. His...
Grayscale Bitcoin Trust Dwarfs Nvidia to Realize 220% Gain
Grayscale Investment pulled off another twist to erode the discounted pricing, leaving its shares (GBTC) surging 220% in 2023. A market observer indicated that GBTC...
China’s Central Bank Governor Issues Stringent Regulatory Requirements for Crypto Sector
Pan Gongsheng is the newly appointed governor of the Chinese Central Bank. He recently reiterated the austere stance on the cryptocurrency sector. During the latest...