Unpacking Michael Saylor's Bitcoin Gold Rush
Michael Saylor has been spot on with his Bitcoin prediction (and backed it up with a monstrous bet). In a recent interview, he broke down his long-term bullish thesis for Bitcon.
Michael Saylor has been spot on with his Bitcoin prediction (and backed it up with a monstrous bet). In a recent interview, he broke down his long-term bullish thesis for Bitcon.
Market dynamics under Trump could drive Bitcoin's rise, with liquidity changes playing a key role.
The “softer post-COVID commercial market” delayed the project
Cryptocurrencies will be the theme of the market for the foreseeable future.
(Bloomberg) -- Oil extended declines as a soft outlook for demand in China, the world’s largest crude importer, continued to plague the market.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationWest Texas Intermediate retreated 3.3% to settle near $68 a barrel, while Brent settled
HOUSTON (Reuters) -Oil prices fell by more than 2% on Monday after China's latest stimulus plan disappointed investors seeking demand growth in the world's second-biggest oil consumer, while supply looked set to rise in 2025. Donald Trump's U.S. election victory may continue to affect the market, said Phil Flynn, senior analyst for the Price Futures Group. "The election with Trump's promise to 'drill, baby, drill' has taken away some incentive to go long," Flynn said.
(Bloomberg) -- MicroStrategy Inc. bought about 27,200 Bitcoin for around $2.03 billion, the largest purchase by the crypto hedge-fund proxy since just after it began acquiring the digital-asset more than four years ago. Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe enterpr
Equities Mixed Intraday as Markets Await This Week's Inflation Data
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.