• Nov 25, 2024

What’s Flying Higher Than Bitcoin? The Software Company Buying Up Bitcoin

MicroStrategy shares are a more popular bitcoin play than the cryptocurrency itself for many individual investors.

• Nov 25, 2024

Bitcoin Long-Term Holders Have 163K More BTC to Sell, History Indicates: Van Straten

Long-term investors have sold almost 550,000 BTC, almost 4% of their holdings.Last week, one-day profit-taking touched a record high in dollar terms, more than $10.5 billion. The percentage drop from long-term holders continues to fall each cycle.

• Nov 25, 2024

Damian Williams, Manhattan's top federal prosecutor, to resign ahead of Trump inauguration

NEW YORK (Reuters) -Damian Williams, the top federal prosecutor in Manhattan who secured convictions of high-profile defendants including U.S. Senator Bob Menendez and crypto mogul Sam Bankman-Fried, announced on Monday that he will resign ahead of Donald Trump's return to the presidency. Williams, who was appointed to the post in 2021 by outgoing Democratic President Joe Biden, will step down on Dec. 13 ahead of the Republican Trump's Jan. 20 inauguration. Edward Kim, his current deputy, will succeed Williams on an acting basis as U.S. attorney for the Southern District of New York.

• Nov 25, 2024

Short-Seller Andrew Left Slams MicroStrategy. Is Michael Saylor's Bitcoin Stock in Trouble?

MicroStrategy (NASDAQ: MSTR) has become one of the most valuable stocks on the Nasdaq by pursuing a simple strategy: buying Bitcoin (CRYPTO: BTC). The stock has soared alongside Bitcoin's gains this year, which have come with the broader bull market, the launch of spot Bitcoin exchange-traded funds (ETFs), and optimism that a new Trump administration will adopt crypto-friendly policies. As you can see from the chart below, both MicroStrategy and the cryptocurrency have surged this year.

• Nov 25, 2024

Bitcoin ETFs Poised to Ride Trump Trade

As bitcoin tests $100,000, the flows into the ETFs gain momentum.

• Nov 25, 2024

Bitcoin retreats from sprint to $100K as institutional investors increase scrutiny

Institutional capital and strategic investments are driving Bitcoin's rally toward a historic milestone.

• Nov 25, 2024

Elon Musk has big return-to-office plans for federal employees and he’s saying the quiet part out loud

The Tesla billionaire and co-head of the Department of Government Efficiency says he wants workers in the office five days a week.

• Nov 25, 2024

Jim Cramer Says This Stock Is A Bitcoin Play And He Prefers To Own Bitcoin

On CNBC's “Mad Money Lightning Round,” Jim Cramer said MicroStrategy Incorporated (NASDAQ:MSTR) is a Bitcoin play and he prefers to actually own Bitcoin (CRYPTO: BTC). MicroStrategy announced it completed its previously announced offering of its 0% ...

• Nov 25, 2024

‘UltraShort’ bitcoin ETF draws record inflows as rally stalls

(Bloomberg) -- A fund giving investors a way to turbocharge bets against Bitcoin notched its highest daily inflow in a sign that some investors consider the rally unleashed by Donald Trump’s election to the White House overdone.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5

• Nov 25, 2024

Can Dogecoin Reach $1?

Dogecoin is heading toward its record high of $0.73 from 2021, following President-elect Trump's win and Elon Musk's role in the incoming administration.