Digital Currency includes companies involved in the creation, trade, and services of digital forms of money. It includes businesses that operate in blockchain technology, cryptocurrency mining, exchanges, digital wallets, and payment solutions.
Bitcoin has broken through the 0.1 million dollar mark, is it about to become a "mainstream currency"? Analyst's quick review.
① The usa president-elect Trump nominated conservative lawyer Atkins as chairman of the SEC on Wednesday, causing bitcoin to rise sharply, breaking the 0.1 million dollar mark; ② Analysts generally believe that Atkins' appointment will push this global largest crypto closer to becoming "mainstream currency."
Coinbase Targets Southeast Asia Crypto Expansion By Supporting Development Of Baht, Peso Stablecoins: 'Literally The Same Money But Just Faster'
Double long MSTR's etf, recently encountered problems.
Building a dangerous building on a dangerous building: First of all, bitcoin itself is a high-volatility risky asset, MicroStrategy's stock price has a double premium on top of bitcoin, and leveraged ETFs further add high leverage and high growth... This has already exceeded the risk tolerance of some Wall Street institutions.
After bitcoin broke through $0.1 million, will MSTR be included in the Nasdaq? We will find out next week.
MSTR is expected to be included in the nasdaq 100 index, thus entering the world's largest etf: QQQ, which will significantly boost MSTR's stock price. However, some analysts have pointed out that although MSTR currently meets the inclusion criteria, its bitcoin acquisition strategy may make the nasdaq committee hesitate on whether it is a non-financial company. In any case, let's wait and see on December 13th.
Michael Saylor's Bitcoin Strategy Drives MicroStrategy's 490% Surge, Hedge Fund CIO Says It's An 'Extreme Example' Of Volatility Monetization
Express News | Bitcoin Continues Surge, Breaks $103,000 Barrier with Over 7% Gain in 24 Hours; US Crypto Spot ETFs Also Rally.