π’ BlackRock says the recent ~50% drop in Bitcoinβs price was caused by market deleveraging, not by changes to its long-term investment outlook
BlackRock continues to support a 1β2% allocation to Bitcoin in portfolios.
@CryptosNetworks
BlackRock continues to support a 1β2% allocation to Bitcoin in portfolios.
@CryptosNetworks
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π’ President Trump said the possibility of the US accumulating a significant amount of Bitcoin has been discussed
@CryptosNetworks
He stated: "Certainly it's been talked about. It's take a lot of pressure off the dollar. It's been very, very good for the dollar. and I think if you came in with recommendations I would certainly listen."
@CryptosNetworks
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π’ Standard Chartered says Bitcoin could reach $100K by the end of the year following the Treasuryβs move to double long-term bond buybacks
The bank called this decision "exactly the type of thing Bitcoin loves."
@CryptosNetworks
The bank called this decision "exactly the type of thing Bitcoin loves."
@CryptosNetworks
π Strategyβs bitcoin holdings are back above average purchase price as reported
The company now holds an unrealized profit close to $1 billion as bitcoin trades around $76,500.
@CryptosNetworks
The company now holds an unrealized profit close to $1 billion as bitcoin trades around $76,500.
@CryptosNetworks
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π
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π
π
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π
π
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π
π² Strategy sold $2B in MSTR shares last week, made no Bitcoin purchases, and introduced a new $1.59B USD cash pool for flexible liquidity
@CryptosNetworks
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π’ President Trump said US tariffs on Canadian cars, trucks, auto parts, and steel will increase to 50% on January 1, 2027
He accused Canada of unfair trade practices and cited its agricultural tariffs as a reason for a $60 billion US trade deficit. Trump urged firms to manufacture in the United States to avoid tariffs, stating: "Build in the U.S. and there are ZERO TARIFFS."
@CryptosNetworks
He accused Canada of unfair trade practices and cited its agricultural tariffs as a reason for a $60 billion US trade deficit. Trump urged firms to manufacture in the United States to avoid tariffs, stating: "Build in the U.S. and there are ZERO TARIFFS."
@CryptosNetworks