MicroStrategy Is Uniquely Positioned to Benefit From Rising Bitcoin Price: Berenberg
The business analytics software company founded by Michael Saylor, now executive chairman, is the largest corporate holder of bitcoin as a balance sheet treasury asset, owning around 140,000 BTC at an average cost of $29,800. The stash is worth about $4.1 billion at current prices.
Related Posts
EU Markets Regulator Warns of DeFi’s ‘Serious Risks’
The European Securities and Markets Authority (ESMA) warned of "serious risks" of investors being harmed by decentralized finance (DeFi) in a Wednesday report despite the innovative technology being in its infancy.ESMA, an EU agency that is due to set rules under the bloc’s landmark Markets in Crypto Assets Regulation (MiCA), promised to look further into
First Mover Asia: Bitcoin Rally Stalls Above $30K; Ether Hits $2.1K
Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.James Rubin is CoinDesk's U.S. news editor based on the West Coast.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Good morning. Here’s what’s happening:Prices: Bitcoin…
Crypto Exchange Binance Is Back in Russia, Lifts Restrictions on Russian Users: Report
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Anna Baydakova is an investigative reporter with a special focus on Eastern Europe and Russia. Anna owns BTC and an NFT.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Binance, the world’s largest cryptocurrency…
First Mover Asia: Bitcoin Is Being Made Great Again
“From a technical aspect, the current price action is overheated and we could see a correction toward $25K in the near term. The major market mover will most likely be FOMC, in about 3 days, where the majority of the analysts believe we will see a 25 bps hike at best,” DiPasquale told CoinDesk in…
Prime Broker Bequant Adds Risk-Monitoring Service in Push for Added Compliance
Oct 30, 2020 at 19:14 UTCBequant CEO George Zarya (Bequant)Bequant is adding New York-based Solidus Labs’ surveillance tools to its digital asset services business.Solidus Labs serves several crypto exchanges, including New York-based BlockQuake and Hong Kong-based AAX. Bequant will be one of its first prime broker clients. The London-based Bequant has been rapidly adding features…
Bitcoin’s MACD Indicator Flips Bearish, Scares Crypto Twitter
A widely-tracked bitcoin (BTC) technical analysis indicator has flipped bearish, spurring some crypto followers on Twitter to express concerns an extended price slide is in the offing.The moving average convergence divergence (MACD) histogram, used to gauge trend strength and changes, has crossed below zero on the bitcoin price weekly chart, according to technical analysis platform…
Up 15%: Bitcoin’s Price Bounces Back After 14-Month Low
MARKETS Bitcoin’s 15-percent recovery from the 14-month low hit yesterday may have opened the doors for short-term price consolidation. The leading cryptocurrency by market value dropped through the support of the trendline connecting the August 2015 and August 2016 lows and fell to $3,474 yesterday – the lowest level since Sept. 17, 2017 (prices as…
No, Bitcoin Is Nothing Like the South Sea Bubble
Those who compare Bitcoin to the great bubbles of the past need to check the historical books. This moment is very different. "Hogarthian image of the South Sea Bubble"(Edward Ward)Feb 18, 2021 at 1:25 p.m. UTCUpdated Feb 18, 2021 at 1:34 p.m. UTCNo, Bitcoin Is Nothing Like the South Sea BubbleEvery asset that moves fast…