In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR), explained why Bitcoin should be thought of a scarcity — perhaps the only one in the world — rather than a commodity. On 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price […]

Popular crypto analysis and market commentary show InvestAnswers is tackling whether Bitcoin still constitutes a safe-haven asset in comparison to gold.  According to a recent YouTube update, the host of InvestAnswers is pushing back on the notion that Bitcoin has become a failed safe-haven asset in light of the current geopolitical backdrop of Russia invading Ukraine.  The show’s host argued […]

Bitcoin topples the Russian Ruble for the third time in the decade. Shackled off the $750B resistance, BTC aims again for $1 trillion. Transaction fee data reveal a 68% increase in demand for Bitcoin. Following an 8% value upsurge on the strength of rising demand, Bitcoin, once again, has flipped Russia’s Ruble, making it the world’s 14th most valuable currency. […]

Shares of Smith & Wesson Brands, Inc. (SWBI) are down more than 20% Friday morning after the firearms maker’s third quarter results missed analysts’ view. The company’s net income in the third quarter declined to $30.5 million, or $0.65 per share from $62.3 million, or $1.12 per share, in the comparable quarter last year. Excluding one-time items, earnings of $0.69 […]

Kazakhstan became one of the leading providers of Bitcoin hashrates after China’s crackdown on the activities of miners. The country has struggled to cope with the influx of new miners into its borders, casting doubt on the future of Bitcoin mining in the country. Bitcoin hashrates reached an all-time high despite the hurdles that miners face globally. During the summer […]

Shares of Chinese social media company Weibo Corporation (WB) are rising more than 4% in pre-market on Thursday after reporting better-than-expected fourth quarter results. Net income in the fourth quarter was $115.7 million or $0.50 per share compared with $29 million or $0.13 per share for the same period last year. In the last year’s quarter, Weibo had impairment charges […]

Bitcoin and crypto are growing as financial strongholds in the wake of recent events. Ukraine has received over $50 million in crypto donations, and citizens of both Ukraine and Russia are flocking to crypto platforms. Crypto is emerging as a reliable asset against governmental forces. Bitcoin and cryptocurrencies have quickly emerged as a stronghold of finance in the wake of […]

CZ’s prediction for the markets comes through after a week.  The market appears to have recovered from the shock of the crisis in Europe. Crypto demand is increasing as conflict rages on. Bitcoin briefly went above the $44k price level as the crypto markets staged a comeback. This comes about a week after the crisis in Eastern Europe that crashed […]

Billionaire veteran investor Mark Mobius, founding partner of Mobius Capital Partners, has recently explained Bitcoin’s recent price surge amid an ongoing Russian invasion of Ukraine that has shaken equities markets. Speaking on CNBC’s “Capital Connection,” Mobius noted that he would normally not be a BTC buyer, unless he was Russian, in which case he would be betting on the flagship […]