Microsoft shareholders will vote on assessing investing in Bitcoin, amongst a number of topics, at the annual shareholders meeting in December. MicroStrategy, despite being much smaller, has outperformed Microsoft by 313% largely due to its Bitcoin holdings. #nostr #siamstr #Siamstr
In a pivotal moment for the BRICS economic alliance, the “BRICS Pay” system was officially unveiled during the BRICS Business Forum held in Moscow a few days ago, as part of the ongoing BRICS summit for 2024. The makeup of the new BRICS+ gold-backed currency token (the UNIT) and its financial ecosystem is confusing. #siamstr #Siamstr #nostr
Coinbase CEO Brian Armstrong and billionaire Elon Musk have joined a growing list of notable figures endorsing pro-crypto attorney John Deaton in his bid to unseat Senator Elizabeth Warren as Massachusetts’s representative. He criticized Warren for her role in appointing Gary Gensler as SEC Chair and accused her of supporting efforts to dismantle the crypto industry in the US. #nostr #siamstr #Siamstr
On October 16, the Bitcoin spot ETF inflows saw $459M, marking four consecutive days of growth. BlackRock ETF added $393M. The Ethereum spot ETF also saw $24M inflows. #nostr #siamstr #Siamstr
Bitcoin kicked off a rally early on Monday, triggering hundreds of millions of dollars in liquidations as BTC climbed above the $66,000 mark. This week we can expect tons of volatility amongst certain altcoins as well. #siamstr #Siamstr #nostr
SEC Commissioner Mark Uyeda criticized the agency’s handling of the cryptocurrency industry, calling it a disaster. As Kamala Harris falls down the polls, the last thing she wants is a rogue regulator causing chaos in the markets. Is now her last chance to fire Gensler by any means necessary? #siamstr #Siamstr #nostr
#nostr #siamstr #Siamstr
Btc China Stimulus Incoming? Chinese stocks tumbled on Wednesday alongside their Hong Kong peers, as investors sought to profit from a blistering rally, which was dampened by the lack of powerful stimulus measures to revive the economy.China will hold a briefing on fiscal policy on Oct 12 as investors look for additional measures to stimulate the world’s No. 2 economy #siamstr #Siamstr #nostr
MicroStrategy, led by Bitcoin advocate Michael Saylor, has outperformed every S&P 500 stock over the past four years. While Bitcoin’s value could push MicroStrategy’s market cap higher, the unpredictable nature of cryptocurrency creates concerns for long-term financial stability. #Siamstr #nostr #siamstr
#siamstr #nostr #Siamstr