MicroStrategy To Purchase More Bitcoin From Proceeds Of A $500 Million Stock Sale

MicroStrategy, the largest publicly listed Bitcoin holding company in the world, plans to double down on its BTC purchases using proceeds from a $500 million sale of its stock.

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Data Shows Bitcoin Still Highly Correlated With Stock Market

Data shows the Bitcoin correlation with the stock market has been high in recent months as the crypto has been closely following S&P 500 and NASDAQ. Bitcoin Has Continued To Mimic Movements Of The US Stock Market In 2022 As per the latest weekly report from Arcane Research, while BTC has been more volatile than […]

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Stocks Open in the Green Amid Earnings Season, Housing Market Shows Signs of Cooling Down

Despite rumors of the Fed potentially increasing interest rates by 100 basis points next week, the U. S. stock market opened in the green today, with the S&P 500 increasing by 30 points and the Dow Jones rising by over 185 points.

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Stock Market Correlation With Bitcoin Remains High, But Why?

Data shows the Bitcoin correlation with the US stock market has remained at a high value recently as it saw an increase during the last week. Bitcoin Correlation With Stock Market Observed Slight Growth In Past Week According to the latest weekly report from Arcane Research, BTC’s correlation with NASDAQ and S&P 500 is currently […]

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TradeStation Review – Can It Be Trusted? How Much Does It Cost?

Founded in 1982, TradeStation is a US-based stock brokerage company regulated by Financial Industry Regulatory Authority (FINRA) and Security Exchange Commission (SEC). Customers are eligible for protection of up to $ 500,000 per account (including cash up to $ 250,000).

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ARK: “Bitcoin’s Correlation With The S&P 500 Reached” ATH, Opportunity Knocks

This counterintuitive thinking by ARK Investment is the reason why we subscribe to their  “The Bitcoin Monthly” report. While everybody complains about bitcoin’s dance in unison with the stock market, they keep it cool and even frame it as an opportunity.

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20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

Recession fears mount as a 20% decline in the S&P 500 places stock in a bear market, increasing the chance that BTC and altcoins will make new lows.

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Bitcoin and the Dow meet in middle and close in on $30K

Following the latest stock market plunge Wednesday, with stocks closing down close to 4%, the Dow Jones is trading at 31,500. In what would have seemed improbable not too long ago, the index is now staring down the barrel at the psychologically important 30,000 level.

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Price analysis 5/18: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low.

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Coinbase stock price forecast: BTIG sees a 500% upside

Coinbase Global Inc (NASDAQ: COIN) is a stock destined to eventually reach for the stars, says Mark Palmer. For now, though, the stock’s a nightmare for the shareholders, down more than 65% for the year.

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Ethereum Whale Transactions Climb As Correlation With S&P 500 Continues

Over time, the crypto market has maintained a close relationship with the stock market. Ethereum, the second-largest cryptocurrency, rose in lockstep with U. S. stocks for the first time in February.

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Crypto Correlation With Gold, S&P 500 Increasing, Asset Class Going Mainstream

The crypto and legacy markets are increasing their correlation levels. The new asset class has been trading like a big tech stock for a while as the global markets seem to brace for the beginning of a tightening cycle.

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CryproQuant: correlation between BTC and S&P500 reaches all-time high

The bitcoin price is currently extremely dependent on the stock market. The level of correlation between the cryptocurrency and the US stock index S&P 500 reached its maximum, CryproQuant analysts noted.

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False Safe Haven: Bitcoin Correlation With S&P 500 Hits ATH

Data shows the Bitcoin correlation with S&P 500, and hence the stock market, has now set a new all-time high (ATH). Bitcoin Correlation With S&P 500 Reaches New High As pointed out by an analyst in a CryptoQuant post, the BTC correlation with the stock market is currently at an all-time high, further damaging the “safe haven” narrative.

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TradeStation Review [2021] – Can It Be Trusted? How Much Does It Cost?

Founded in 1982, the TradeStation is a US-based stock brokerage company regulated by Financial Industry Regulatory Authority (FINRA) and Security Exchange Commission (SEC). Customers are eligible for protection of up to $ 500,000 per account (including cash up to $ 250,000).

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Ethereum Lags as Bitcoin Jumps

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Bitcoin Breaks Above $50,000 Showing Strength Against Weakness in the Stock Market

Unlike the crypto market, US stocks are having a rough October. It has actually been the most volatile month for stocks and historically seen them suffer their two worst crashes. This week started with the S&P 500 sliding 1.

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Reports suggest that a mainstream tech giant holds shares of Coinbase stock

End of Q2 holdings for Intel showed a small stack of COIN shares, valuing between $500,000 and $1,000,000 at time of publication.

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Bitcoin Long-Term Holders Stock up on Bitcoin as This Index Goes Green

As the amount of Bitcoin stored by long-term holders recovers to the level when BTC was worth $12,500, a crypto influencer shows on Glassnode charts

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Peter Schiff Reveals How He Would Have Spent Mesmerizing Bitcoin Returns Had He Invested In BTC Earlier

Since gold advocate Peter Schiff heard of bitcoin, the asset’s price has risen parabolically, outperforming his favorite precious metal as well as major stock indices like the S&P 500. Peter Schiff’s Dismissal Of Bitcoin Cost Him A Jet In a tweet on August 6, Schiff told his 543,000 followers that he had traveled with his […]

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Why Does Bitcoin Turn Bearish as Inflation Spike?

Bitcoin price once again tested the $33,000 level but failed – the biggest cryptocurrency by market cap is now hovering at $32,500 and well below the 55 simple moving average (4-hours). Meanwhile, the stock markets continue to make new highs and the United States economy makes a remarkable recovery, with the latest government data showing […]

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Astro Crypto: How Solar Cycles Could Influence Bitcoin, VIX, & The Stock Market

Markets are cyclical, and so is the sun, moon, and the rest of the solar system. But could solar cycles specifically be what controls the ebb and flow of financial markets like Bitcoin and stocks? A study of the VIX, the S&P 500 and cryptocurrency concludes that there may be something more to the relationship. […]

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MicroStrategy stock tanks with Bitcoin as S&P 500, Nasdaq rally

MSTR shares declined by as much as 12% on Tuesday as the broader U.S. stock market showed signs of strength.

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Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin

Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins.

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Microstrategy to Buy Another $1 Billion Bitcoin Through Stocks

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Macro Fireworks: Stock Market Soars to New ATH While Bitcoin Awaits the Breach of An Important Level

Now that BTC has broken out of its $30k to $40k range, the market wants to first see $42,500, an important level, to be broken. This represents the 200-day moving average and breaching it could see us rallying to $50,000 next.

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Following $500 Million Sale To Buy Bitcoin, MicroStrategy Exploring A $1 Billion One

MicroStrategy, which holds more than 92,000 bitcoin, laid the groundwork for a potential $1 billion stock sale in order to buy more BTC.

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DBS says Bitcoin No Longer a Fringe Asset, It is Now Fueling Volatility in US Stocks

The volatility in Bitcoin is now fueling the volatility in US stock futures, according to a study by Singapore’s DBS Group Holdings Ltd. DBS’s Chief Economist Taimur Baig and Macro Strategist Chang Wei Liang wrote that S&P 500 contracts tend to register bigger swings after the leading cryptocurrency spiked up or down by 10% in […] The post DBS says Bitcoin No Longer a Fringe Asset, It is Now Fueling Volatility in US Stocks first appeared on BitcoinExchangeGuide.

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Gold, Stocks, and Bitcoin: Weekly Overview — April 15

This week’s price movements for bitcoin (BTC), gold, the S&P 500, and this week’s wildcard stock Coinbase, with bonus stocks Tesla and Amazon. The post Gold, Stocks, and Bitcoin: Weekly Overview — April 15 appeared first on BeInCrypto.

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S&P 500 Drops from Record High as Bank Shares Helped Prevent Stock Market Freefall

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Facebook Data of Over 500 Million Users Found Online, FB Stock Can Come Under Pressure

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Brazil Gets First Bitcoin ETF in South America

Brazil’s first Bitcoin ETF will be listed on the Sao Paulo stock exchange under the ticker QBTC11. The primary offering will be for $500 million and will only be available to qualified investors.

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NYSE-listed Chinese Lottery Outfit Expands Bitcoin Mining Investment

500.com — a New York Stock Exchange (NYSE)-listed Chinese sports lotto company is expanding its investment outlay in the Bitcoin (BTC) mining arena. The firm is the latest to increase its hardware inventory as the global Bitcoin mining hash race continues to intensify following the halving that occurred back in May 2020. 500.com Acquires MoreRead More

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S&P 500 Recovers Mid-Day Losses to End Monday in Green, AAPL Stock Pushes Nasdaq Higher

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Tesla (TSLA) Stock Heads to S&P 500 Index with Mixed Expectations from Analysts

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Tesla Stock to Be Added to S&P 500 Index in Single Tranche

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Bitcoin Has a Higher Market Cap Than All Public Companies But 17

Bitcoin has seen a strong surge over recent weeks amid a muted background for the stock market. The price of the leading cryptocurrency has rocketed higher by approximately 70% in the past five weeks while the S&P 500 has only gained a few percent over that same time frame. This rally in the price of […]

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Bitcoin Retakes $16k, But This Prominent Market Pundit Says It’s In Bubble Territory

Bitcoin price has been on a wild run since October 7 after bouncing off a low of $10,546. On October 21, the digital asset broke its correlation with the stock market and major indices like the S&P 500, cracking $12,000 and $13,000 on the same day.

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Stock Market Sees Largest Surge Since V-Shaped Recovery, Another Leg For Bitcoin?

On the heels of positive vaccine news and a winner finally being declared in the US presidential election, major US stock indices like the S&P 500 and the Dow Jones Industrial Average set a new all-time high price record.

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Here's why Bitcoin is awaiting Election Day

Most crypto-statisticians believe that Bitcoin has begun decoupling from the U.S. stock market index, the S&P 500. In fact, Willy Woo had predicted that Bitcoin would break ties with the traditionThe post Here's why Bitcoin is awaiting Election Day appeared first on AMBCrypto.

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Bitcoin Soars To $13,500 Following ECB’s Announcement Of Monetary Stimulus Boost Coming In December

After sliding below the $13,000 support level on Wednesday, the king of cryptocurrencies appears to be back on its way up. The sell-off yesterday was felt across stock markets and gold as investors throughout the world were shaken by reports of a resurgence in COVID-19 infections and new restrictive lockdowns. The bitcoin price slumped to […]

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Bitcoin Holds Above Critical Support Level as Bulls Target $14,000

Bitcoin has seen some further upside today despite the intense selloff seen in the stock market This confirms the narrative regarding it now being fully decoupled from traditional assets It has also been able to set new yearly highs this morning when it rallied towards $13,500 If it continues holding above its near-term resistance-turned-support at $13,200, the crypto could soon gain further momentum that leads it up towards $14,000 This is an intense resistance level […]

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Bitcoin Resilience Remains As Stock Market Closes Worst Day In Months

The stock market yesterday closed its worst single-day decline in nearly two months, causing the richest people in the world to lose over $14 billion in net worth. Bitcoin also pulled back yesterday, but as of this morning is already trading higher than before, while the S&P 500, the Dow Jones, and the Nasdaq continue to plunge.

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Bitcoin Deviates Further Away from Dow, S&P 500 as Price Hits $13K

Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent.

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Always On: Bitcoin To Surpass S&P 500 Trading Time Within Two Years

Recently, the discussion around Bitcoin “maturing” and becoming a respected mainstream asset, has prompted comparisons to the stock market, gold, currencies, commodities, and more. One notable difference between the stock market and Bitcoin is that the crypto market is always on, and because this exists, the leading cryptocurrency by market cap will have traded more hours than the S&P 500 since its debut in the 1950s.

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Expert Expects Bitcoin “Decoupling” From Stocks But Not For The Reason You Think

All throughout 2020 Bitcoin price has been unusually correlated to major US stock indices such as the S&P 500. And with stocks at risk of another Black Thursday like plunge, analysts fear that it could once again take cryptocurrencies down with them.

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Dow Adds 36 Points as U.S. Interest Rates Will Stay Near 0% through 2023, S&P 500 Affected by Major Tech Stock Drop

Coinspeaker Dow Adds 36 Points as U. S. Interest Rates Will Stay Near 0% through 2023, S&P 500 Affected by Major Tech Stock DropThe Dow Jones Industrial Average rose 36. 78 points, or 0.

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Technical Analyst Fears Stocks May Top Here — and That’s Bad for Bitcoin

Both Bitcoin and the stock market surged on Monday after a shaky past week. BTC is up 5% in the past 24 hours as it has pressed to weekly highs at $10,700. The S&P 500 and other leading indices are up around 1.

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If the stock market is overvalued, where does that leave Bitcoin?

When the markets collapsed in March, many thought it would be years before the pre-pandemic highs were revisited. After all, the bull market which gave the S&P500 a high of 3,500 points had been pThe post If the stock market is overvalued, where does that leave Bitcoin? appeared first on AMBCrypto.

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