Michael Saylor’s Bitcoin Strategy Drives MicroStrategy’s 490% Surge, Hedge Fund CIO Says It’s An ‘Extreme Example’ Of Volatility Monetization
MicroStrategy Inc. (NASDAQ:MSTR) is attracting hedge fund interest through its convertible notes offerings, as co-founder Michael Saylor continues his aggressive Bitcoin (CRYPTO: BTC) purchase strategy that has driven the company’s stock up more than 490% this year, as of Wednesday. What Happened: Calamos Advisors LLC, among other major hedge...
Read More
‘Bitcoin Jesus’ Roger Ver Slams US Overreach Amid Indictment Battle – Details
A popular figure in the cryptocurrency world known as “Bitcoin Jesus” – who has been indicted for a multi-million-dollar tax evasion case – asked a federal court to drop the charges against him. Bitcoin influencer Roger Ver hit back at the Biden administration, accusing the Us government of unconstitutional use...
Read More
Peter Schiff Backs ‘Bitcoin Jesus’ Roger Ver’s Motion To Dismiss Tax Evasion Charges
Renowned economist Peter Schiff on Wednesday backed early Bitcoin (CRYPTO: BTC) adopter Roger Keith Ver in his fight against U.S. authorities on tax evasion charges. What Happened: Schiff called Ver’s motion to dismiss the U.S. Department of Justice’s indictment for deliberately avoiding tax liability of nearly $50 million “correct.”...
Read More
Bitcoin Hits Historic $100K Milestone, Michael Saylor Gets Ready For Party
On Wednesday, Bitcoin (CRYPTO: BTC), the world’s largest cryptocurrency, crossed the $100,000 barrier for the first time. What happened: The prized digital asset resisted pushback from bears to eventually surpass the long-awaited milestone. The news was cheered by the cryptocurrency community, with MicroStrategy Inc. (NASDAQ:MSTR) CEO Michael Saylor, one...
Read More
Analyst Highlights XRP Price Prediction From 2022 That Predicted The Rise To $2.8, But There’s More!
The XRP price action in the past few weeks has been nothing but phenomenal. Particularly, the XRP price has surged by over 460% from its $0.5 range at the beginning of December to peak at $2.82 within the last 24 hours. This notable surge has brought XRP into the...
Read More
Bitcoin, Ethereum, Dogecoin Jump On Jerome Powell’s Bullish BTC Take, Paul Atkins SEC Nomination: Analyst Highlights Impressive 320% Upside For ETH By May
Leading cryptocurrencies spiked Wednesday on Federal Reserve Chair Jerome Powell’s favorable comments on Bitcoin and nomination of Paul Atkins as the next U.S. Securities and Exchange Commission Chair. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) +2.88% $98,465.76 Ethereum (CRYPTO: ETH) +5.01% $3,808.09 Dogecoin (CRYPTO:...
Read More
Hackers Wanted! Crypto.com Puts Its Security To A $2 Million Test
Singapore-based Crypto.com is offering $2 million to anyone who can find and report vulnerabilities as a sign of its confidence in its modern and updated security system. The bounty program is the biggest yet for the website and HackerOne, offering an open scope, fast payment, and fully compliant with...
Read More
Congressman Buys Meme Coins? Ski Mask Dog Coin Climbs In Value After Disclosure: ‘I Liked The Coins, So I Bought Them’
The trading activity of members of Congress is closely followed by investors as the buying and selling of stocks can come based on alleged information. Now investors have to follow the trading activity of Congress members when it comes to meme coins. What Happened: A trading disclosure by Rep....
Read More
Fed Chair Powell Says Economy Remains Strong, Bitcoin Is ‘Like Gold’: Expert Weighs In
Federal Reserve Chair Jerome Powell said the U.S. economy remains strong and even commented on Bitcoin (CRYPTO: BTC) at the New York Times DealBook Summit on Wednesday. The Details: “The U.S. economy is in very good shape right now. It’s in remarkably good shape, we are sort of the...
Read More
Dogecoin Price To Pull An XRP Rally From Here? The Trading Similarities Are Striking
Crypto analyst Jacob Canfield has raised the possibility of the Dogecoin price replicating the recent XRP rally. This came as the analyst highlighted similarities between Dogecoin’s recent price action and XRP’s. Dogecoin Price To Replicate XRP Rally? In an X post, Jacob Canfield suggested that the Dogecoin price could...
Read More