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“# MicroStrategy sees up to 52% revenue surge as Saylor confirms more Bitcoin buys ahead ” MicroStrategy, the company which owns over 91,000 Bitcoin (BTC), saw an astounding surge in revenues in Q1, its latest figures confirm. In a press release on April 30, CEO Michael Saylor revealed that the company’s success had gone far…
“# Intercontinental Exchange sells Coinbase stake for $1.2B ” Intercontinental Exchange, the operator of the New York Stock Exchange and the owner of Bakkt digital asset platform, has sold its 1.4% stake in the newly Nasdaq-listed cryptocurrency firm Coinbase. Announcing the news Thursday on a financial results call for the first quarter of 2021, ICE…
“# DOT over the counter? Osprey Funds set to launch Polkadot investment trust ” In a market once dominated by a handful of BTC vehicles, there are now a growing number of products offering investors access to gains from popular altcoins like Polkadot. Yesterday, Osprey Funds announced the launch of the Osprey Polkadot Trust. The…
“# Goldman Sachs identifies 19 crypto stocks that massively outperformed the S&P 500 ” Wall Street banking giant Goldman Sachs has identified an emerging cluster of crypto-related stocks that are performing much better than the index itself. In a note to investors on Tuesday, April 27, analysts at the investment bank highlighted 19 U.S. stocks…
“# 5 things to watch in Bitcoin this week as greed and leverage get ‘flushed out’ ” Bitcoin (BTC) is keeping bulls and bears guessing as it opens a new weekly candle in the green, heading away from $50,000. After an uneventful but uninspiring weekend, BTC/USD has begun Monday by reclaiming $53,000 for the first…
“# Binance to launch Microstrategy, Apple, and Microsoft stock tokens ” Top crypto asset exchange Binance has announced it will list three new stock tokens over the coming week, following the launch of tokens tracking the performance of Tesla and Coinbase shares earlier this month. On April 26, Binance announced it will launch tokenized stock…
“#Bitcoin drops below $50K as Biden eyes capital gains tax hike” Bitcoin investors are nursing their losses amid reports that President Biden is planning to raise capital gains taxes on the richest Americans. The volatile cryptocurrency’s price plunged nearly 10 percent on Friday to just above the $49,000 mark, hitting its lowest level since early…
“# Data shows traders rushed to buy altcoins during Bitcoin’s dip to $50K ” Bitcoin’s (BTC) recent downturn temporarily pulled its dominance rate down to 49.5% which is the lowest level since August 2018. This has led a growing number of traders to predict that altcoins will outperform Bitcoin in the short term. Over the…
“#Stocks drop on Biden plan to double capital gains tax for wealthy” Stocks tumbled Thursday on a report that President Biden is mulling a plan to nearly double what wealthy people pay on their investment gains. A Bloomberg News report that Biden wants to raise the capital gains tax to as much as 39.6 percent…
“#NJ deli valued at more than $100M delisted from stock market” Shares of a New Jersey-based deli owner that was recently valued at more than $100 million despite the fact it only operates a single store have been delisted from the stock market. Cromwell Coulson, chief executive of the OTC Markets Group, the over-the-counter exchange…