MicroStrategy outpaces S&P 500 and tech giants with Bitcoin strategy Aneena Alex Stocks Oct 15, 2024 Share MicroStrategy (NASDAQ: MSTR), the largest corporate holder of Bitcoin (BTC), has emerged as one of the top-performing stocks in the S&P 500, thanks to its aggressive Bitcoin-focused strategy. Since adopting Bitcoin as its primary treasury reserve asset in […]
As Bitcoin’s price continues to shoot upwards, traders betting on the asset to go down are feeling the pain. But so are those betting on the price going up. The biggest digital asset by market cap was fast closing in on $68,000 per coin earlier Tuesday amid a sudden spike, according to CoinGecko. However, the […]
dYdX announces Donald Trump Prediction Market perpetuals Marko Marjanovic Cryptocurrency Oct 15, 2024 Share The dYdX Foundation, a decentralized governance platform, has announced the launch of a Trump Prediction Market perpetual on the dYdX platform, according to the information disclosed to Finbold on Tuesday, October 15. Approved by the dYdX community on October 9, the […]
The primary cryptocurrency is on the run again, having surged by another two and a half grand in the past hour or so to a multi-month peak of almost $68,000. This has fueled the speculation that the asset has finally materialized on the previous assumptions that October will be a highly bullish month. CryptoPotato reported […]
Binance publishes a major overview of global stablecoin regulation Marko Marjanovic Cryptocurrency Oct 15, 2024 Share Binance, the leading cryptocurrency platform, has released an overview of global stablecoin regulation, as revealed to Finbold on Tuesday, October 15. The current state of stablecoin regulation Meant to maintain stable value by being pegged to traditional currencies and […]
World’s largest asset manager BlackRock holds $24 billion in Bitcoin Jordan Major Cryptocurrency Oct 15, 2024 Share When Larry Fink, the CEO of BlackRock (NYSE: BLK), the world’s largest asset manager, managing an eye-popping $13 trillion, admits he was wrong about Bitcoin, people take notice. On October 14, 2024, BlackRock’s Bitcoin (BTC) strategy reached new heights as the […]
Crypto.com and BENEFIT enter into dialogue to support fintech in Bahrain Marko Marjanovic Cryptocurrency Oct 15, 2024 Share Crypto.com, a global cryptocurrency exchange, and BENEFIT, the leading financial technology (fintech) provider in Bahrain, have entered into a dialogue to strengthen the Bahraini fintech ecosystem, as disclosed to Finbold on Tuesday, October 15. The two companies […]
Larry Fink, CEO of BlackRock, the world’s largest asset manager, has affirmed Bitcoin’s status as a legitimate investment option, likening it to gold. During the Q3 2024 earnings call on Friday, Fink discussed Bitcoin’s potential market expansion despite regulatory hurdles. Fink expressed optimism about Bitcoin’s future growth, stating that the continued advancement in cryptocurrencies and […]
BTC’s “three-line break chart” suggests a bullish resolution of the seven-month-long corrective trend and scope for a move to record highs. Candlesticks indicate stiff resistance at around $70,000. Traders fixated on bitcoin’s (BTC) daily candlesticks chart may be bored, as despite Monday’s rally, prices remain locked in a seven-month-long descending channel. However, a lesser-tracked “three-line […]
Bitcoin shows a stochastic breakout pattern, indicating a potential rally ahead. Key technical indicators signal bullish momentum and increased investor excitement. Analysts predict possible new all-time highs if resistance levels are broken. Bitcoin (BTC) is once again printing a familiar pattern that has many investors excited— the Stochastic breakout. This chart pattern often signals that […]