Financial Insights That Matter Whatâs behind Bitcoinâs historic rise to $108,000? From Trumpâs speech to ETFs and MicroStrategyâs massive buys, could a major institutional supply squeeze be underway? Bitcoin soars to new highs Bitcoin (BTC) has once again stolen the spotlight. On Dec. 17, BTC climbed to an all-time high of $108,260, pushing its post-U.S. […]
Financial Insights That Matter Financial market commentator Peter Schiff on Tuesday criticized Michael Saylorâs comparison of MicroStrategy Inc.âs MSTR debt-financed Bitcoin BTC/USD buying strategy to Manhattan real estate. What Happened: In an X post, Schiff disagreed with Saylorâs analogy. âReal estate generates rents, which can be used to service and repay debt. Bitcoin doesnât generate […]
Financial Insights That Matter The idea of a Bitcoin reserve is sparking debate in the U.S. Some see it as the future of digital assets, while others question its relevance to the U.S. economy. Amid these discussions, several states are exploring former President Trumpâs Bitcoin Reserve strategy. Leading the way is Ohio, where State Representative […]
Financial Insights That Matter Michael Saylor, Chairman of MicroStrategy and a well-known Bitcoin advocate, has proposed an ambitious solution: the United States can use Bitcoin to tackle its massive $36 trillion national debt. Speaking in a recent CNBC interview, Saylor compared Bitcoin to Manhattanâs historical value and suggested that investing in the cryptocurrency now could […]
Financial Insights That Matter Bitcoin soared past $106,000 on Monday, marking a new all-time high in a rally that has continued to exceed investor expectations, and fueling speculation that the worldâs leading cryptocurrency could soon reach the $120,000 mark. The latest gains come amid growing optimism around potential U.S. federal policies favoring digital assets, renewed […]
Financial Insights That Matter A renowned economist disagrees with Bitcoin supporters who claim that cryptocurrency could someday solve the national debt of the United States. Economist Peter Schiff expressed his skepticism on the bold declaration of what he called âBitcoin pumpersâ that 1 million BTC can settle the countryâs national debt, saying that even with […]
Financial Insights That Matter MicroStrategy is currently in a critical juncture, as it is in the process of integrating into the Nasdaq 100 index. It is anticipated that the decision will be officially announced on December 13 and will be implemented on December 23. A Significant Milestone In The Nasdaq 100 The Nasdaq 100 Index, […]
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Financial Insights That Matter Key Takeaways Ava Labs co-founder highlighted the vulnerability of early Bitcoin holdings to quantum computing attacks. Current quantum computing capabilities do not yet pose a threat to Bitcoin’s security. Share this article Googleâs new quantum computing chip Willow has sparked fresh concerns about Bitcoinâs security. As quantum computing advances, it could […]
Financial Insights That Matter El Salvador is negotiating a $1.3 billion loan with the IMF that reportedly could bring significant changes to its Bitcoin legal tender law. In the coming weeks, El Salvador could finalize a multi-billion dollar deal with the International Monetary Fund that might unlock more funding from global lenders. The only catch […]