US banks are ‘free to start supporting Bitcoin’ — Michael Saylor
Bitcoin adoption amongst United States monetary establishments might see a significant increase after the US Federal Reserve withdrew its steering discouraging banks from partaking with cryptocurrency. On April 24, the Fed withdrew its 2022 supervisory letter that served as steering…
Saylor says Bitcoin’s deep liquidity turns it right into a short-term danger proxy
Key Takeaways Bitcoin’s 24/7 liquidity makes it a short-term danger asset. Michael Saylor argues that Bitcoin’s buying and selling sample does not point out long-term correlation with different property. Share this text Bitcoin’s current value fluctuations are largely pushed by…
Saylor hints at new Bitcoin buy as holdings surpass 500,000 BTC
Key Takeaways Technique bought 6,911 BTC for $584.1 million rising complete holdings to 506,137 BTC. The corporate plans a $42 billion capital increase to additional increase their Bitcoin acquisitions. Share this text Michael Saylor, Govt Chairman of Technique, has hinted…