Uncovering the latest in corporate Bitcoin investment! Our newest blog post explores how MicroStrategy’s recent Q4 earnings reveal falling revenues yet skyrocketing BTC reserves
MicroStrategy Soars in Bitcoin Holdings Despite Quarterly Earnings Slip
Day: February 6, 2024
BlackRock & Co.: Pioneering Bitcoin’s Integration into Traditional Finance
Greetings, fellow Bitcoinners! It’s an exciting day in our beloved crypto space, as BlackRock and its peers take center stage in the quest for mainstream acceptance. As regulatory clarity emerges, institutional giants see new opportunities to bring Bitcoin closer to traditional finance while ensuring investor protection. Larry Fink, the CEO of BlackRock, has recently expressed his views on Bitcoin, positioning it as a commodity instead of a traditional currency. This perspective highlights the significance of appreciating Bitcoin from an investment viewpoint, which is a notion that finds agreement among numerous…
ETFs Approved by SEC Impact Miners’ Reserves
Bitcoin miners are selling reserves since ETF approvals led to $1 bil. in BTC moves to exchanges. Main drivers include preparations for the Bitcoin halving, covering operation costs, and securing profits. Increased institutional involvement supports a positive outlook for miners. Recently, Bitcoin miners have been selling their asset reserves or using them to upgrade their capacity due to increasing inflows to cryptocurrency exchanges. A report from Bitfinex Alpha Market indicates that Bitcoin ETF approvals by the US Securities and Exchange Commission (SEC) have had an impact on miners’ reserves. As…
Monero Plunges Amidst Growing Regulatory Pressure: A Deep Dive into Binance’s Decision to Delist
Unpacking the recent news of Binance delisting Monero & its consequences. Is this a buying opportunity for $XMR holders or a red flag indicating the ‘slow demise’ of Binance?