With the US SEC edging closer to potentially approving a Bitcoin ETF, experts and industry leaders are offering their predictions on the potential impact of this milestone on the crypto market. In a recent interview on CNBC’s ‘The Exchange’, Tim Buckley, Chairman and CEO at Vanguard Group, the world’s second-largest asset manager, stated that the company has no plans to pursue a Bitcoin (BTC) spot Exchange Traded Fund (ETF). Vanguard to Focus on Core Values Buckley’s firm stance on this...
Read More »Valkyrie CIO Expects Bitcoin ETF Approval This Month in Preparation for February Launch
The Valkyrie CIO says that the SEC will ask for comments and possibly approve an ETF proposal this month after all issues are addressed. A Valkyrie Investments exec has hinted at a strong possibility for a spot Bitcoin ETF approval this month. According to Chief Investment Officer (CIO) Steven McClurg, the United States Securities and Exchange Commission (SEC) will likely confirm an ETF approval by the end of the month. McClurg is hopeful because applicants have adequately addressed issues...
Read More »Bitcoin-Preis 34’150
Der Bitcoin-Preis legte in den vergangenen 30 Tagen um fast 30 % zu. Der Bitcoin-Preis meldet sich zurück bei 34’150 US-Dollar. Damit ist der Bitcoin-Preis in den letzten 30 Tagen um mehr als 28.62 Prozent gestiegen. Der Oktober — oder eben auch Uptober genannt — hält was er verspricht: Während die Landschaft der Kryptowährungen sich ständig ändert und Entwicklungen oft schwer vorherzusagen sind, hat sich ein interessantes Phänomen um den Monat...
Read More »Serial Entrepreneur Robert Kiyosaki Predicts Bitcoin Price Rally to $135K Fueled by Fiat Inflation
The author of Rich Dad Poor Dad expects the prices of Bitcoin (BTC), Gold, and Silver to rally in the near future as every government around the world prints more money pushing inflation to a multi-year high. Popular entrepreneur and financial educator Robert Kiyosaki issued a prediction for Bitcoin (BTC), and top precious metals amid heightened volatility in the crypto space. According to Kiyosaki, Bitcoin price is well positioned to rally towards $135,000 in the near term. His BTC price...
Read More »Michael Saylor is Clearly not Done Buying Bitcoin
Michael Saylor – the founder and former CEO of MicroStrategy – has announced that his company is looking to garner as much bitcoin as it can in the coming months. Michael Saylor Still Loves BTC Saylor has always been a huge bitcoin bull. He first caught the BTC bug back in August of 2020 and began adding the world’s number one digital currency by market cap to his company’s balance sheet when the currency was trading for around $11,000. From there, it exploded and...
Read More »MicroStrategy to Report Bitcoin Holdings Quarterly without Impairment Losses
The decision by the FASB to allow fair-value accounting for digital assets is a huge step forward for companies like MicroStrategy. Software developer MicroStrategy Inc (NASDAQ: MSTR) is set to report its Bitcoin (BTC) holdings quarterly without recognizing impairment losses in case of crypto price declines during the reporting period. This development comes as a result of the Financial Accounting Standards Board (FASB) approving new guidelines. Berenberg, a respected investment bank, has...
Read More »Michael Saylor, MicroStrategy, and Bitcoin 3 Years After
MicroStrategy’s co-founder and executive chairman, Michael Saylor, who served as the company’s former CEO for over 30 years, continues to remain bullish on bitcoin three years after his publicly-traded business intelligence company decided to make its first BTC purchase. Saylor has also made big price predictions for the asset, believing its value could exceed $1 million per coin. MicroStrategy Holds Nearly 153,000 BTC 3 Years Later MicroStrategy made history and headlines on...
Read More »Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally
CoinspeakerCrypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally Though subdued, it was a positive all-round performance for the crypto market in Q2 2023. Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally
Read More »MicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges
CoinspeakerMicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges MicroStrategy, under the leadership of Chairman Michael Saylor, has shown continued interest in the flagship cryptocurrency. MicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges
Read More »MicroStrategy Buys Another 420 BTC For $14.4 Million
Bitcoin (BTC) whale MicroStrategy announced on Tuesday that it has gobbled up another 420 BTC since its last announcement in June. This brings the company’s total holdings up to 152,800 BTC worth $4.46 billion. According to MicroStrategy’s Q2 earnings report, the firm’s 12,800 BTC acquired since Q1 was acquired for $28,233 per coin – below the asset’s current market price of $29,195.However, the company’s average purchase price for its total BTC holdings remains at $29,672,...
Read More »