Tag: News

MicroStrategy Stock Is Surging Wednesday: What’s Going On?

MicroStrategy Inc (NASDAQ:MSTR) shares are trading higher Wednesday after the company announced the pricing of an upsized offering. What Happened: MicroStrategy announced another planned offering after the market close on Monday. The company priced the upsized offering Wednesday morning. MicroStrategy said it will offer $2.6 billion (up from $1.75...
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Bitcoin Whales Not Done Buying: Accumulation Strong Even Above $90,000

On-chain data shows the Bitcoin whales have continued to purchase more even at the recent highs, a sign that could be optimistic for the rally. Bitcoin Large Holders Netflow Has Continued To See Positive Spikes Recently According to data from the market intelligence platform IntoTheBlock, the number of BTC...
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Cardano Price Up Another 14%: What Is Going On With ADA?

Cardano’s (CRYPTO: ADA) 56% surge over the past week has been fueled by bullish sentiment, community-driven developments, and speculation about high-profile partnerships. Cryptocurrency Price              Market Cap 24-Hour Trend 7-Day Trend Cardano (CRYPTO: ADA)  $0.835 $28.9 billion  +13.8%  +55.9% Bitcoin (CRYPTO: BTC)  $94,450 $1.85 trillion  +2.9%  +7.6% XRP (CRYPTO: XRP)...
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Crypto-Friendly Howard Lutnick Poised To Lead US Department Of Commerce Under Trump

According to recent reports, Howard Lutnick, the CEO of asset management firm Cantor Fitzgerald and a prominent supporter of crypto initiatives, is anticipated to be nominated by President-elect Donald Trump to head the US Department of Commerce (DOC).  This nomination comes amidst growing speculation regarding Lutnick’s influence in shaping...
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Robinhood Positioned As Top ‘Crypto Deregulation’ Trade, Says Bernstein

Robinhood Markets Inc. (NASDAQ:HOOD) has been identified as the leading beneficiary of potential regulatory shifts in the cryptocurrency sector, according to a Bernstein report. What Happened: The research firm highlighted the brokerage platform as the “Top ‘Crypto Deregulation’ Trade,” increasing its price target to $51, up from $30, reflecting...
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Warren Buffett ‘Destroying $3B A Month’ Of Berkshire Capital By Not Investing In Bitcoin, Says MicroStrategy’s Michael Saylor

MicroStrategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor said that Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) was destroying billions of dollars in capital by not utilizing the huge hordes of cash at their disposal to invest in Bitcoin (CRYPTO: BTC). What Happened: During a podcast with Patrick Bet-David, Saylor drew attention...
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