China’s “success” in shutting down bitcoin mining will hurt China the most, says Microstrategy CEO MIchael Saylor. Saylor’s company obviously has a huge stake in the world’s first and largest capitalized decentralized crypto. Microstrategy, a business intelligence firm that has made news repeatedly for putting its money where it forecasts, with huge buys of Bitcoin,...
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HANG TOGETHER OR HANG SEPARATELY STILL APPLIES
Now that Bitcoin has the Spt ETF approvals, and obvious growing TradFi participation and interest, bitcoin maximalists like Michael Saylor, Max Keiser and others have been celebrating and denigrating the rest of the sector, to one degree or another.
AS FORECAST: BITCOIN (OFFICIALLY) BACK IN CHINA VIA HONG KONG
Even as bitcoin volatility dominated the week in one sense, buzz surrounding an imminent decision to approve spot bitcoin ETFs for Chinese investors via Hong Kong, was palpable.
BLOCKCHAIN BATTLES
This past week, Microstrategy, the software company known for putting bitcoin on its corporate balance sheet beginning in 2020, with the idea of preserving its accumulated assets, announced yet another massive bitcoin buy.
BLOCKCHAIN BATTLES
Right now, average social media users are regularly seeing ads on major social media platforms like Google’s YouTube that may cost them a fortune.
ECONOMIC UPDATE – MARKET OVERVIEW
Where is the economy going, what’s next, and what to do? In order to forecast the economic future, we have to know about the current events forming future trends.
BLOCKCHAIN BATTLES
Projects scaling and adding Ethereum app-like functionality to Bitcoin continue to be a major focus in the crypto sector.
ECONOMIC UPDATE – MARKET OVERVIEW
Everything's coming up roses. In Japan, the world’s third-largest economy, its central bank said today that it will keep its cheap money scheme going (i.e. quantitative easing) and its negative 0.1 interest rates to juice up its economy which contracted at an annualized 2.9 percent rate in the last quarter.
NEW CONGRESSIONAL BILL: CRYPTO WON’T BE UNLEASHED UNLESS GENSLER IS CAGED
Crypto utility and innovation in the U.S. won’t truly take-off unless Gary Gensler is leashed.
That’s the premise of “The SEC Stabilization Act,” which was introduced this past week in Congress.
BLOCKCHAIN BATTLES
Bitcoin has been in the midst of a significant turnaround, arguably spurred by major world events including widespread inflation, political instability, war, and misguided policies by misguided U.S. regulators.