Microsoft shareholders will vote on assessing investing in Bitcoin, amongst a number of topics, at the annual shareholders meeting in December. MicroStrategy, despite being much smaller, has outperformed Microsoft by 313% largely due to its Bitcoin holdings. #nostr #siamstr #Siamstr
Akira
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In a pivotal moment for the BRICS economic alliance, the “BRICS Pay” system was officially unveiled during the BRICS Business Forum held in Moscow a few days ago, as part of the ongoing BRICS summit for 2024. The makeup of the new BRICS+ gold-backed currency token (the UNIT) and its financial ecosystem is confusing. #siamstr #Siamstr #nostr
Coinbase CEO Brian Armstrong and billionaire Elon Musk have joined a growing list of notable figures endorsing pro-crypto attorney John Deaton in his bid to unseat Senator Elizabeth Warren as Massachusetts’s representative. He criticized Warren for her role in appointing Gary Gensler as SEC Chair and accused her of supporting efforts to dismantle the crypto industry in the US. #nostr #siamstr #Siamstr
On October 16, the Bitcoin spot ETF inflows saw $459M, marking four consecutive days of growth. BlackRock ETF added $393M. The Ethereum spot ETF also saw $24M inflows. #nostr #siamstr #Siamstr
Bitcoin kicked off a rally early on Monday, triggering hundreds of millions of dollars in liquidations as BTC climbed above the $66,000 mark. This week we can expect tons of volatility amongst certain altcoins as well. #siamstr #Siamstr #nostr
SEC Commissioner Mark Uyeda criticized the agency’s handling of the cryptocurrency industry, calling it a disaster. As Kamala Harris falls down the polls, the last thing she wants is a rogue regulator causing chaos in the markets. Is now her last chance to fire Gensler by any means necessary? #siamstr #Siamstr #nostr
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Btc China Stimulus Incoming? Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors sought to profit from a blistering rally, which was dampened by the lack of powerful stimulus measures to revive the economy.China will hold a briefing on fiscal policy on Oct 12 as investors look for additional measures to stimulate the world’s No. 2 economy #siamstr #Siamstr #nostr
MicroStrategy, led by Bitcoin advocate Michael Saylor, has outperformed every S&P 500 stock over the past four years. While Bitcoin’s value could push MicroStrategy’s market cap higher, the unpredictable nature of cryptocurrency creates concerns for long-term financial stability. #Siamstr #nostr #siamstr
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Global cryptocurrency market capitalization is trading 3.3% lower to $2.08 trillion as exchange netflows see huge drop. BTC could fall to $55,000 if selling intensifies, but a bullish shift may push prices toward $64,000. #siamstr #nostr #Siamstr
The price of Bitcoin wavered Tuesday as dozens of missiles descended on Israel, according to news reports. This year, Bitcon’s September returns recorded a positive 7.29%. Since its inception, Bitcoin has spent most of September in the red. However, it bucked that trend this year. #siamstr #nostr
Bitcoin reaching $75,000 to $80,000 by Christmas seems plausible, but hitting six figures will require everything to “go right from here,” according to crypto. btc $ 100k by 2025 ??? #siamstr #nostr #Siamstr
Bitcoin’s (BTC) price is only 14% below its all-time high at the moment, and favorable conditions have produced targets of over $80,000 in the coming weeks. Yet, a new all-time high (ATH) of around $100,000 might not be as impressive a feat as imagined when adjusting for inflation. #siamstr #nostr #Siamstr
Kamala signals support for crypto. Top memecoins all soar, add $10bn in value in a week. The Altcoins Season Index is now heading upwards after having formed sort of an inverse head and shoulders pattern, which is a bullish reversal pattern. #siamstr #nostr #Siamstr
In a recent speech at The Economic Club of Pittsburgh, Kamala Harris made a significant public statement about the future of technology in the United States. On Sept. 25, Harris emphasized the need for the US to remain a leader in blockchain, artificial intelligence (AI), and other cutting-edge industries. SEC Chair Gary Gensler then rushed to CNBC to make a statement about crypto after his disastrous congressional hearing. #siamstr #Siamstr #nostr
Billionaire Mark Cuban stated that Vice President Kamala Harris’ team opposes “regulation through litigation,” suggesting Gary Gensler could be removed as Chairman of the US Securities and Exchange Commission (SEC) if Harris is elected. Cuban noted that Harris’ team used no “uncertain terms” to express their lack of support for the SEC’s current approach to regulation. #nostr #siamstr #Siamstr
U.S. SEC chair Gary Genser has appeared before the House Financial Services Committee in a hearing titled “Oversight of the Securities and Exchange Commission.” During the hearing, Commissioner Hester Peirce undermined Gary Gensler’s approach to implementing an imprecise view on digital assets that lacked clarity. Peirce also mentioned that she thought the regulator had fallen short of its duties to enhance clarity in the industry. #siamstr #Siamstr #nostr
Vice President Kamala Harris, at a fundraiser on Wall Street, made her first remarks about the cryptocurrency industry as part of her presidential campaign. In her speech, Harris highlighted the importance of fostering innovative technologies, including artificial intelligence and digital assets, while ensuring the protection of consumers and investors.
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