Tag: Crypto

Scaramucci Defends MicroStrategy’s Bitcoin Strategy, Predicts Long-Term Crypto Growth

Anthony Scaramucci, founder of SkyBridge Capital, has dismissed concerns surrounding Michael Saylor and MicroStrategy Inc., suggesting fears of a potential collapse due to Bitcoin‘s (CRYPTO: BTC) volatility are exaggerated. What Happened: In an interview on Friday, Scaramucci pointed to Saylor’s long-term debt strategy as evidence of MicroStrategy’s resilience. “People...
Read More

Cryptopia Hack Victims Receive $225 Million In Distributions At Last

Victims of the hacking of defunct New Zealand-based crypto exchange Cryptopia are finally seeing restitution, with $225 million in digital assets being distributed to former account holders. What Happened: The distributions mark a significant milestone in the exchange’s liquidation process, which has been ongoing since 2019. According to the...
Read More

MicroStrategy Stock Declines Over 14% Amid Heightened Volatility Over S&P 500 Inclusion Concerns: Here’s What Is Happening

Michael Saylor‘s MicroStrategy Inc. (NASDAQ:MSTR) fell in the last five sessions amid heightened volatility due to concerns over hurdles in its S&P 500 inclusion and falling Bitcoin (CRYPTO: BTC) prices. What Happened: While MicroStrategy meets the S&P 500’s market capitalization and trading volume benchmark requirements, it doesn’t fulfill the...
Read More

Crypto Analyst: ‘2025 Will Continue To Be a Great Year for Bitcoin’

Crypto analyst Anthony Pompliano, founder of Pomp Investments, remains optimistic about Bitcoin (CRYPTO: BTC) despite its recent drop below the $100,000 milestone. What Happened: In a recent interview with FOX 5, Pompliano predicted that “2025 will continue to be a great year for Bitcoin.” Pompliano outlined two key factors...
Read More

$73 Million Exodus: BlackRock Bitcoin ETF Suffers Record-Breaking Outflow

A major player in the cryptocurrency market found itself on an unusual side of history after experiencing its largest outflows in months. The leading asset manager BlackRock ended the inflow streak of its Bitcoin exchange-traded fund after recording a $72.7 million worth of outflow on December 20. Largest Outflow...
Read More