2021-10-18 16:42 |
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Strategy Inc. (formerly MicroStrategy) will not be forced into selling its vast Bitcoin holdings even if its share price drops below the firm’s net asset value, according to Bitwise chief investment officer Matt Hougan.
Crypto and commodities stole the spotlight today, with Bitcoin reclaiming momentum above $93,000 and silver smashing fresh all-time highs after doubling this year. Markets also got a surprise from the Federal Reserve, which appears to be digging itself out of years of pandemic-era losses, while Marvell’s bold multibillion-dollar AI acquisition turned heads on Wall Street. […]
Bitcoin reclaimed the $90K support area, 2Z, ENA, LINK led altcoins with double digit gains.
ASTER has seen renewed market activity following the announcement of its stage 4 buyback, which has been brought forward by eight days to December 2. The decentralised exchange’s token price has climbed to $1.
Strategy (previously known as Microstrategy), the world’s largest publicly traded corporate holder of bitcoin, is confronting a pivotal moment as index provider MSCI reviews whether to remove the company from its major equity benchmarks.
In a busy day for global political and economic developments, US electoral shifts, a rebound in Asian markets, mixed Australian growth data, and a major semiconductor acquisition offer a broad snapshot of the forces shaping investor sentiment.
US stocks turned sharply higher at midday Tuesday, with the Dow climbing 170 points and the tech-heavy Nasdaq outpacing peers as Bitcoin surged 8% back above $91,000 and semiconductor stocks like Credo Technology soared on earnings beats.