Jim Cramer warns against buying #MicroStrategy stock, suggests direct #Bitcoin investment due to market volatility.
TD Cowen predicts MicroStrategy growth driven by institutional #BitcoinETF entries, #EthereumETF rejections.
https://coinpedia.org/news/famous-cnbc-host-jim-cramer-advises-against-buying-microstrategy-stock-heres-why/
TD Cowen predicts MicroStrategy growth driven by institutional #BitcoinETF entries, #EthereumETF rejections.
https://coinpedia.org/news/famous-cnbc-host-jim-cramer-advises-against-buying-microstrategy-stock-heres-why/
CoinPedia
Famous CNBC host Jim Cramer Warns Against Buying MicroStrategy Stock
Jim Cramer, the well-known CNBC host and financial personality, has issued a cautionary statement urging investors not to buy shares of business
Top #CryptoNews This Week
1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)
2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.
3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.
4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.
5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.
6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.
7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.
8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.
9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)
2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.
3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.
4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.
5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.
6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.
7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.
8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.
9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
BREAKING: MicroStrategy buys Additional Bitcoin
#Crypto #Cryptonews #Cyptomarket
🔵MicroStrategy purchased an additional 11,931 Bitcoin for approximately $786.0 million, using proceeds from convertible notes and excess cash.
🔵The average price per Bitcoin for this purchase was about $65,883.
🔵As of June 20, 2024, #MicroStrategy holds a total of 226,331 Bitcoin.
🔵The total acquisition cost for these Bitcoin is around $8.33 billion, with an average price of $36,798 per #Bitcoin.
#Crypto #Cryptonews #Cyptomarket
🔵MicroStrategy purchased an additional 11,931 Bitcoin for approximately $786.0 million, using proceeds from convertible notes and excess cash.
🔵The average price per Bitcoin for this purchase was about $65,883.
🔵As of June 20, 2024, #MicroStrategy holds a total of 226,331 Bitcoin.
🔵The total acquisition cost for these Bitcoin is around $8.33 billion, with an average price of $36,798 per #Bitcoin.
BREAKING : #Metaplanet Plans $7M #Bitcoin Purchase Through Bond Sales, Following #MicroStrategy
#Crypto #CryptoNews #Cryptomarket
🌀Metaplanet, a Japanese firm, bought $7M in Bitcoin using proceeds from a recent bond sale.
🌀This increases Metaplanet's Bitcoin holdings to over 200 BTC, part of their investment diversification strategy.
🌀The move reflects a trend of institutions like Metaplanet investing in cryptocurrencies.
🌀Metaplanet aims to hedge against economic challenges in Japan with its Bitcoin acquisitions.
#Crypto #CryptoNews #Cryptomarket
🌀Metaplanet, a Japanese firm, bought $7M in Bitcoin using proceeds from a recent bond sale.
🌀This increases Metaplanet's Bitcoin holdings to over 200 BTC, part of their investment diversification strategy.
🌀The move reflects a trend of institutions like Metaplanet investing in cryptocurrencies.
🌀Metaplanet aims to hedge against economic challenges in Japan with its Bitcoin acquisitions.
🚨BREAKING: #MicroStrategy (#MSTR) Announces Major 10-for-1 Stock Split!
By 2045, the price of Bitcoin will reach $13 million, according to Michael Saylor.
He made this statement at a Bitcoin conference in Nashville. Under this average scenario, Bitcoin will account for 7% of the world's wealth.
Negative scenario: $3 million per coin
Positive scenario: $49 million per coin.
#Bitcoin #Microstrategy #MichaelSaylor #Coinpedia
He made this statement at a Bitcoin conference in Nashville. Under this average scenario, Bitcoin will account for 7% of the world's wealth.
Negative scenario: $3 million per coin
Positive scenario: $49 million per coin.
#Bitcoin #Microstrategy #MichaelSaylor #Coinpedia
Why Did #MicroStrategy's Shares Drop Despite #Bitcoin Investment?
What’s Driving MicroStrategy’s Continued Bitcoin #Investment Despite #Financial Losses?
Click to Know 👇👇
https://coinpedian.substack.com/p/microstrategys-q2-report-huge-bitcoin
What’s Driving MicroStrategy’s Continued Bitcoin #Investment Despite #Financial Losses?
Click to Know 👇👇
https://coinpedian.substack.com/p/microstrategys-q2-report-huge-bitcoin
Substack
MicroStrategy’s Q2 Report: Huge Bitcoin Gains and Rising Financial Losses
Is More Bitcoin Buying Ahead?
Top #CryptoNews in Past 12Hours
1️⃣#Coinbase earned $1.45 billion and $596 million #EBITDA in Q2. Transaction revenue fell 27%.
2️⃣Under #MiCA pressure, #Bybit ceased services in France, liquidating positions by August 13.
3️⃣#Genesis Trading transferred 40,000 ETH worth $126.68 million, likely for bankruptcy liquidation.
4️⃣#MicroStrategy held 226,500 bitcoins worth $14.4 billion and planned to raise $2 billion to buy more BTC.
5️⃣On August 1, Ethereum spot ETF saw $26.75M inflow; Grayscale had $78M outflow.
6️⃣#AEVO dropped from $3.7 to $0.44; OKX founder criticized token release practices.
7️⃣On August 1, #BitcoinETFs saw $50.64M net inflow; Grayscale had $71.33M outflow.
8️⃣YouHodler analyst Ruslan Lienkha said Harris's rising election chances could have negatively affected #Bitcoin’s price.
1️⃣#Coinbase earned $1.45 billion and $596 million #EBITDA in Q2. Transaction revenue fell 27%.
2️⃣Under #MiCA pressure, #Bybit ceased services in France, liquidating positions by August 13.
3️⃣#Genesis Trading transferred 40,000 ETH worth $126.68 million, likely for bankruptcy liquidation.
4️⃣#MicroStrategy held 226,500 bitcoins worth $14.4 billion and planned to raise $2 billion to buy more BTC.
5️⃣On August 1, Ethereum spot ETF saw $26.75M inflow; Grayscale had $78M outflow.
6️⃣#AEVO dropped from $3.7 to $0.44; OKX founder criticized token release practices.
7️⃣On August 1, #BitcoinETFs saw $50.64M net inflow; Grayscale had $71.33M outflow.
8️⃣YouHodler analyst Ruslan Lienkha said Harris's rising election chances could have negatively affected #Bitcoin’s price.
Top #Cryptonews This Week
1️⃣ Powell Indicated Possible Rate Cut
Jerome #Powell suggested a potential rate cut in September if inflation met criteria.
2️⃣ Bank of England Reduced Rates
The Bank of England cut interest rates to 5% for the first time in over four years.
3️⃣ Bank of Japan Increased Rates
The Bank of Japan raised its policy rate to around 0.25% during its meeting.
4️⃣ Trump Proposed Bitcoin Changes
#DonaldTrump vowed to fire #Gensler, establish a #Bitcoin reserve, and support #crypto innovations.
5️⃣ Harris Campaign Reached Out to Crypto Leaders
#KamalaHarris’s team engaged with crypto figures to shape future regulatory frameworks.
6️⃣ Senators Proposed Bitcoin Purchase Plan
Senator #CynthiaLummis introduced a plan to buy 1 million bitcoins over five years.
7️⃣ Vitalik Outlined Ethereum’s Future
#VitalikButerin emphasized building apps and proposed innovative ideas at EDCON2024.
8️⃣ Musk Denied Crypto Promotion Intent
#ElonMusk stated he had no intention to promote cryptocurrencies, clarifying any mentions were jokes.
9️⃣ Snowden Warned on Bitcoin Privacy
Edward Snowden highlighted Bitcoin’s traceability and urged improved privacy measures.
🔟 MicroStrategy Reported Loss, Increased BTC Holdings
#MicroStrategy reported a $102.6 million loss but increased Bitcoin holdings to 226,500 BTC.
1️⃣ Powell Indicated Possible Rate Cut
Jerome #Powell suggested a potential rate cut in September if inflation met criteria.
2️⃣ Bank of England Reduced Rates
The Bank of England cut interest rates to 5% for the first time in over four years.
3️⃣ Bank of Japan Increased Rates
The Bank of Japan raised its policy rate to around 0.25% during its meeting.
4️⃣ Trump Proposed Bitcoin Changes
#DonaldTrump vowed to fire #Gensler, establish a #Bitcoin reserve, and support #crypto innovations.
5️⃣ Harris Campaign Reached Out to Crypto Leaders
#KamalaHarris’s team engaged with crypto figures to shape future regulatory frameworks.
6️⃣ Senators Proposed Bitcoin Purchase Plan
Senator #CynthiaLummis introduced a plan to buy 1 million bitcoins over five years.
7️⃣ Vitalik Outlined Ethereum’s Future
#VitalikButerin emphasized building apps and proposed innovative ideas at EDCON2024.
8️⃣ Musk Denied Crypto Promotion Intent
#ElonMusk stated he had no intention to promote cryptocurrencies, clarifying any mentions were jokes.
9️⃣ Snowden Warned on Bitcoin Privacy
Edward Snowden highlighted Bitcoin’s traceability and urged improved privacy measures.
🔟 MicroStrategy Reported Loss, Increased BTC Holdings
#MicroStrategy reported a $102.6 million loss but increased Bitcoin holdings to 226,500 BTC.
Top #CryptoNews in Last 12 Hours
1️⃣ On August 16, $BTC 24,000 and $ETH 184,000 options are set to expire, 0.83 and 0.80 ratios.
2️⃣ South Korea's NPS bought 245,000 #MicroStrategy shares for $33.75M; previously 282,700 Coinbase shares.
3️⃣ Marathon Digital completed its 2.125% notes offering, buying 4,144 bitcoins for $249M.
4️⃣ On August 15, #Bitcoin spot ETFs saw $11.1116M net inflow; Grayscale had $25.0328M outflow.
5️⃣ On August 15, #Ethereum spot ETFs had a $39.2111M outflow; Grayscale ETHE lost $42.5234M.
6️⃣ Thailand police hunting four Chinese suspects who stole $2 million in crypto from victims.
7️⃣ Dubai's court approved cryptocurrency for salaries, boosting UAE’s crypto-friendly reputation.
1️⃣ On August 16, $BTC 24,000 and $ETH 184,000 options are set to expire, 0.83 and 0.80 ratios.
2️⃣ South Korea's NPS bought 245,000 #MicroStrategy shares for $33.75M; previously 282,700 Coinbase shares.
3️⃣ Marathon Digital completed its 2.125% notes offering, buying 4,144 bitcoins for $249M.
4️⃣ On August 15, #Bitcoin spot ETFs saw $11.1116M net inflow; Grayscale had $25.0328M outflow.
5️⃣ On August 15, #Ethereum spot ETFs had a $39.2111M outflow; Grayscale ETHE lost $42.5234M.
6️⃣ Thailand police hunting four Chinese suspects who stole $2 million in crypto from victims.
7️⃣ Dubai's court approved cryptocurrency for salaries, boosting UAE’s crypto-friendly reputation.