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AuspiciousSnowHeralds
· 12-03 22:45
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AuspiciousSnowHeralds
· 12-03 22:34
U.S. Senator Cynthia Lummis hints at possible Bitcoin purchase
U.S. Senator Cynthia Lummis has suggested that the United States may soon take action to purchase Bitcoin, but did not disclose specific plans or a timeline.
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AuspiciousSnowHeralds
· 12-03 22:30
CryptoQuant: Strategy's Establishment of USD Reserves Indicates Preparation for a Potential Bear Market
On-chain analytics firm CryptoQuant reported today that Michael Saylor's Bitcoin holding company, Strategy (MSTR), set up $1.44 billion in USD reserves this week, signaling that the company is preparing for a possible Bitcoin bear market.
According to CryptoQuant, establishing a 24-month USD buffer marks a "tactical shift" for Strategy, moving from the previous aggressive approach of issuing shares to buy Bitcoin to a more conservative, liquidity-focused strategy. This reduces the risk of being forced to sell Bitcoin during market downturns. CryptoQuant's Head of Research, Julio Moreno, predicts that if a bear market persists, Bitcoin prices may trade between $70,000 and $55,000 next year.
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AuspiciousSnowHeralds
· 12-03 22:27
Two-fifths of the funds
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AuspiciousSnowHeralds
· 12-03 22:26
It's pretty impressive that the US stock market could close up by 0.1.
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AuspiciousSnowHeralds
· 12-03 22:16
Ethereum is bullish today, forgot about it.
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AuspiciousSnowHeralds
· 12-03 15:36
U.S. stocks are up
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Speechless
· 12-03 15:27
Will XPR collapse?
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AuspiciousSnowHeralds
· 12-03 15:23
If the funds are pulled back, then wait until it gets close to 90500 before considering splitting into batches.
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