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Bitcoin, Wall Street and MicroStrategy
Bitcoin Can Run Another 95% Over the Next 18 Months, According to 2 Wall Street Analysts (Hint: Not MicroStrategy's Michael Saylor)
While most Bitcoin followers have heard MicroStrategy's Michael Saylor make the bold call that Bitcoin will hit $13 million in about two decades, this latest call is not from the billionaire but from two analysts at a respected Wall Street firm. Let's take a look.
Wall Street launches new ways to bet on bitcoin
In January, spot bitcoin ETFs began trading, which opened the door to more mainstream investors. Last week, options on those spot crypto products finally started to go live on the Nasdaq and New York Stock Exchange. CBOE Global Markets is also set to list its first cash-settled bitcoin ETF options Dec. 2.
Forget Bitcoin, MicroStrategy is up 500% this year, and Michael Saylor explains how the stock has outperformed its underlying assets
"MicroStrategy found a way to outperform Bitcoin," Saylor told the WSJ. "The way that we outperform Bitcoin, in essence, is we just lever up Bitcoin."
MicroStrategy Buys More Bitcoin, Chairman Saylor Urges Microsoft To Do the Same
Key Takeaways MicroStrategy purchased another $1.5 billion worth of bitcoin.The company now holds nearly 2% of all the bitcoin that will ever exist.MicroStrategy Chairman Michael Saylor also presented to the Microsoft board regarding the benefits of holding bitcoin last week.
How Wall Street Powers MicroStrategy's Bitcoin Flywheel
MicroStrategy’s bitcoin strategy drives a flywheel: issuing debt to buy bitcoin boosts its stock, which funds more bitcoin buys. Other companies are starting to replicate
Inside Bitcoins
2h
Is It Too Late To Buy SUN? Sun Token Price Surges 43% And This Might Be The Next Crypto To Explode
The Sun Token price has soared 43% in the last 24 hours as experts say that this other token might be the next crypto to ...
3d
on MSN
Trump’s Return Heralds Litigation Peace for Crypto
The president-elect’s new SEC chair will likely withdraw from lawsuits aimed at forcing crypto to follow Wall Street rules.
Hosted on MSN
2d
US Bitcoin ETFs now hold 5% of total supply: How far are we from the Wall Street takeover?
Bitcoin, the once-rebellious digital asset born to disrupt traditional finance, is slowly becoming a trophy in the hands of ...
10d
Leak Reveals A Huge Wall Street Price Earthquake Could Hit Bitcoin And Crypto In 2025
A leak has revealed the U.S. Securities and Exchange Commission (SEC) is softening its opposition to other crypto ETFs after ...
6d
on MSN
This Crypto ETF Could Soar 100% Next Year, According to Wall Street Investment Firm Bernstein
The launch of the new spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) in January has arguably been the biggest story ...
20h
Renaissance Or Prelude To Chaos? Crypto's Role In The Trump Era
Buoyed by promises for the sector from Trump’s reelection, cryptos have soared to unprecedented levels. Is crypto undergoing ...
1d
Q&A: After Trump Win, Is the U.S. Fight With Crypto Over?
President-elect Donald Trump's new Securities and Exchange Commission chair will likely withdraw from lawsuits aimed at forcing crypto to follow Wall Street rules. Reporter Dave Michaels discusses ...
Analytics Insight
1d
Jim Cramer Stuns Wall Street with Must-Have Crypto Picks for Every Portfolio
Jim Cramer, an eccentric CNBC anchor, quite renowned for making the market trend change the opposite of his words, recently ...
CoinDesk
1d
Fidelity, Schwab, Citadel-Backed Crypto Exchange EDX Markets Appoints New CEO
EDX Markets, the institution-only crypto exchange that started operations in June 2023 with support from Wall Street giants ...
devdiscourse
12d
Wall Street's Mixed Day Amid AI, Crypto, and Tech Movement
Wall Street experienced a mixed trading day as Alphabet's dip impacted communication services, while Nvidia's strong results ...
13h
on MSN
Trump's re-election helps brings crypto boom: November sees record trading volumes
November’s re-election of Donald Trump has helped bring myriad benefits for the crypto industry, with crypto exchanges ...
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