During a presentation in Orlando on Monday, Saylor told executives to invest in bitcoin instead of bonds, which he labeled as “toxic.” He highlighted his Bitcoin investment strategy during the talk. What to know: Disclaimer: The analyst who co-wrote this piece owns shares of MicroStrategy (MSTR) and Semler Scientific (SMLR). Michael Saylor’s MicroStrategy (MSTR) has […]
CoinDesk by Georgios Vlachos In October 2024, an AI agent became a millionaire for the first time. That’s something only a tiny fraction of humans will ever accomplish, even after a lifetime of labor, but an AI agent managed it in a span of days. Terminal of Truths (ToT) watched as its associated token $GOAT skyrocketed […]
The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum. By Omkar Godbole CoinDesk What to know: Traders are no longer chasing upside in Nasdaq-listed MicroStrategy (MSTR), a leveraged play on bitcoin (BTC), signaling a cautious […]
CoinDesk by Sheldon Reback Six mutual funds tracking the price of bitcoin (BTC) will debut in Israel next week after the Israel Securities Authority (ISA) granted permission for the products, Calcalist reported on Wednesday. All six will start operations on the same day, Dec. 31, a condition imposed by the regulator, Calcalist said. Final approval for the funds […]
CoinDesk by Stephen Alpher With much of the globe celebrating Christmas, bitcoin (BTC) quietly appeared set to retake the $100,000 level after having fallen to below $93,000 just ahead of the holiday. The rally, however, stalled at just above $99,800 as Asia opened for business on Thursday morning and declined rapidly to roughly $95,000 only a […]
CoinDesk by Shaurya Malwa Traders expect bitcoin (BTC) choppiness to continue with a possible rotation to altcoins, as a major options expiry weighs on market dynamics in the festive week ahead. “All eyes are on the massive expiry this Friday, where almost $20B notional across BTC and ETH options will expire,” Singapore-based QCP Capital said in […]
CoinDesk by Omkar Godbole Just when you thought the year-end couldn’t get any more intriguing, a significant options expiry is set to shake things up in this highly levered-up market. Options are derivative contracts that give the purchaser the right to buy or sell the underlying asset at a preset price at a later date. A […]
Temporary bans may be imposed in other regions during peak energy demand, Tass reported. By Sheldon Reback|Edited by Omkar Godbole What to know: The Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry’s high power consumption, Tass reported. The ban, which includes participation in a mining pool and temporary restrictions in other […]
An AI agent helped drive a memecoin to a billion-dollar market cap this year, but the real crypto x AI innovations are coming in 2025. By Jack Purdy|Edited by Nelson Wang One of the most significant emerging trends of 2024 has been the interplay between artificial intelligence (AI) and the crypto ecosystem. Historically this has […]