Tag: Crypto

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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MSTR Rises 3% In Wednesday Pre-Market: Michael Saylor’s Company Is Now Worth More Than The Combined Market Caps Of World’s Two Largest Gold Mining Companies

MicroStrategy Inc. (NASDAQ:MSTR) is making headlines as its stock climbs in pre-market trading, driven by Bitcoin’s impressive rally. The company’s market value has now outstripped the combined worth of the world’s two largest gold mining companies. MicroStrategy saw its shares rise by 3.36% as Bitcoin’s price exceeded $93,000. According to Benzinga...
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