In simpler terms, MicroStrategy, a well-known business software firm, has made headlines yet again after investing $101 million in Bitcoin (BTC). Under the guidance of its chairman and co-founder, Michael Saylor, the firm intends to employ a mix of perpetual preferred stocks, ordinary shares, and debt to continue powering its Bitcoin acquisition plan. MicroStrategy Eyes … Read more
The cost of Bitcoin is rebounding from losses that surpassed the $100,000 level. If Bitcoin manages to break through the resistance at $102,500, it could potentially climb higher. Bitcoin started a decent increase above the $98,800 zone. The price is trading above $100,000 and the 100 hourly Simple moving average. There is a short-term bullish … Read more
Over the last seven days, Dogecoin has experienced a significant bounce back, yet social media enthusiasts continue to exhibit a pessimistic outlook. Here’s why this might actually boost the rally. Dogecoin Weighted Sentiment Has Remained Negative Recently According to analyst Ali Martinez’s recent post on X, the sentiment analysis of Dogecoin by Santiment, a data … Read more
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Metaplanet ushers in the new year with a bullish sentiment on Bitcoin and blockchain technology. Last year towards the end, a Japanese firm made news by disclosing its acquisition of ¥1 billion in Bitcoins. Now, it’s back in the spotlight as it reveals its intention to boost its Bitcoin holdings up to 10,000 coins. Metaplanet … Read more
As a researcher, I’ve found an alarming estimation suggesting that over a million global investors may have collectively lost around $40 billion due to the downfall of Terra-LUNA, as indicated in court documents pertaining to the criminal case against Terraform Labs co-founder, Do Kwon. On January 6th, Acting U.S. Attorney Daniel Gitner submitted a notice … Read more
Michael Barr, currently serving as the Vice Chair for Supervision at the Federal Reserve Board, announced his intention to step down from this role, with his departure taking effect on February 28. Despite his resignation, he is expected to continue being a member of the Federal Reserve Board of Governors after that date. Barr expressed … Read more