A closer look at MicroStrategy's opportunities and risks
I think the reason for MicroStrategy's stock price rise is the "Davis Double Click".
JinseFinanceI think the reason for MicroStrategy's stock price rise is the "Davis Double Click".
JinseFinanceMicroStrategy has spent a total of more than $16.5 billion on buying Bitcoin, and the $16.5 billion comes mainly from two sources.
JinseFinanceThe SEC has approved the launch of MSTX, the first leveraged ETF for MicroStrategy.
JinseFinanceBrian Niccol's appointment as Starbucks CEO brings optimism amid challenges, as the company faces pressure from activist investors and declining sales in key markets.
BerniceBrian Kelly foresees a sustained 12-18 month bull market in cryptocurrencies, emphasizing market breadth, the emergence of players like Polkadot and Solana, and tangible developments in the ecosystem. He discusses the potential sell-off following SEC approval of Bitcoin ETFs but remains optimistic about Bitcoin's recovery. Kelly anticipates increased demand with modest allocations in investment portfolios, contributing to the market's long-term growth. Objective Ending: While optimistic, uncertainties persist in the short term, warranting cautious observation of the cryptocurrency market's evolving dynamics.
BerniceCoinbase CEO Brian Armstrong will meet with House Democrats from the New Democrat Coalition to discuss digital-asset legislation and related issues. The closed-door session comes as Coinbase faces a lawsuit from the SEC and seeks clearer regulatory guidance on crypto exchanges.
TheBlockCoinbase will bring in half as much revenue this year amid the crypto winter, the company’s CEO Brian Armstrong has said.
decryptNod of approval to Ethereum (ETH) creator Vitalik Buterin’s idea for how exchanges can maintain transparency for their customers.
The Daily HODLWith a ban on Tornado Cash, many DeFi proponents were worried that crypto exchanges, which are also key validators of Ethereum, would succumb to pressure and impose protocol-level censorship.
CointelegraphInstead of creating an entirely new agency to create a single framework for digital assets, Brian Brooks recommends that regulators treat cryptocurrencies in essentially the same way as traditional financial institutions.
Cointelegraph