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Main Business Lags, Bitcoin "Side Hustle" Soars: MicroStrategy's Crazy Gamble
Main Business Lags, Bitcoin "Side Hustle" Soars: MicroStrategy's Crazy GambleDespite its core business performing flat, MicroStrategy, as the largest "Bitcoin proxy" on the US stock market, has seen its stock price deeply tied to Bitcoin, even exceeding the gains of tech giant Nvidia over the past two years. This unusual phenomenon of a "struggling main business, booming side hustle" has drawn widespread attention
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Five Key Indicators Suggest Bitcoin is Poised to Break All-Time Highs
Five Key Indicators Suggest Bitcoin is Poised to Break All-Time HighsBitcoin is on track to reach new all-time highs by 2025, fueled by a confluence of positive technical and on-chain indicators, optimistic sentiment surrounding the upcoming U.S
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Can Bitcoin Break Through $400,000? Deciphering the Key Factors Influencing its Price Trajectory
Can Bitcoin Break Through $400,000? Deciphering the Key Factors Influencing its Price TrajectoryWhether Bitcoin can break through the $400,000 mark is a question that has garnered significant attention, but the answer is not set in stone. Its price movement is influenced by numerous factors, including both positive catalysts and potential risks
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Bitcoin Breaks $70,000: Real Breakthrough or a Trap?
Bitcoin Breaks $70,000: Real Breakthrough or a Trap?Bitcoin's surge to $73,000 in the last three days of October has undoubtedly sparked excitement. I had predicted this breakthrough in early October based on the monthly chart, which signifies the overall trend of the bull market
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MicroStrategy's Bitcoin Bet Fuels 1989% Stock Surge!
MicroStrategy's Bitcoin Bet Fuels 1989% Stock Surge!
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Bitcoin Futures Close Slightly Higher in New York on Wednesday, Ethereum Futures Rise Over 1%
Bitcoin Futures Close Slightly Higher in New York on Wednesday, Ethereum Futures Rise Over 1%On Wednesday (October 30) at the close of New York trading, the CME Bitcoin futures BTC front-month contract settled at $73,665.00, up 0
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The "Script" for a Trump Victory: Gold Soars, Bitcoin Surges, But the Stock Market Plays with Hearts?
The "Script" for a Trump Victory: Gold Soars, Bitcoin Surges, But the Stock Market Plays with Hearts?Recently, the capital market has begun to bet on Trump's victory in the U.S
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Can Bitcoin Break Through the $70,000 Mark? Four Key Factors Determine Its Fate
Can Bitcoin Break Through the $70,000 Mark? Four Key Factors Determine Its FateDespite the recent surge in Bitcoin's price, its ability to break through the $70,000 mark remains uncertain. While the Fed's rate cuts have boosted investor risk appetite, a confluence of four critical factors is needed to propel Bitcoin's price to that level
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The Bitcoin Bull Run Is Only Halfway Through, The Next 12-18 Months Are Key
The Bitcoin Bull Run Is Only Halfway Through, The Next 12-18 Months Are Key2024 is already halfway through, and for the crypto market, it has undoubtedly been a good year. From the debut of the first Bitcoin ETF launched in January to the long-awaited fourth Bitcoin halving in April, and the newly approved Ethereum ETFs soon to begin trading, the crypto market is experiencing a surge
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Is the Dollar's Dominance at Risk? Gold and Bitcoin Shine Bright
Is the Dollar's Dominance at Risk? Gold and Bitcoin Shine BrightThe decline of the dollar has been a focal point in the market, especially after the recent BRICS summit in Kazan. However, GTC Zehui Capital argues that talk of the dollar's imminent demise is exaggerated, as its share in global payments has just reached its highest level in 12 years
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Bitcoin: Digital Gold Where All Coins Converge
Bitcoin: Digital Gold Where All Coins ConvergeThe cryptocurrency market has witnessed numerous fluctuations and transformations with the advancement of blockchain technology. Since the inception of Bitcoin in 2009, countless new cryptocurrency projects have emerged, each claiming to possess unique features or improvements
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Bitcoin Breaks Through $72,000, Crypto Market Experiences Strong Surge
Bitcoin Breaks Through $72,000, Crypto Market Experiences Strong SurgeOver the past half-month, Bitcoin has been in a volatile upward trend. In the early hours of October 30th, Bitcoin surged to $73,620, nearing the high of over $73,700 reached in March this year