A global think tank has suggested that Amazon should include Bitcoin in its strategic reserve by next year. The National Center for Public Policy Research claims that adding Bitcoin could help Amazon protect its $88 billion in cash and equivalents from inflation. With the U.S. inflation rate peaking at 9.1% in mid-2022, traditional assets like ...
Bitcoin’s price briefly fell below $92,000, marking a steep decline of over 10% from its record high. This sudden drop caused more than $1 billion in liquidations across the cryptocurrency Market within just 24 hours, with the majority coming from long positions. However, Bitcoin quickly bounced back to around $96,500, indicating strong demand despite the ...
Artificial intelligence is becoming a major focus on Wall Street, driving up Market interest, especially with impressive quarterly results from NVIDIA highlighting strong demand for AI chips. Investors are looking at stocks like Amazon, Vertiv, and Comfort Systems USA to capitalize on the growing data center Market. Amazon Web Services is a key player in ...
Bitcoin’s recent surge past the $100,000 mark has sparked debate among analysts regarding the Market‘s future. While some signals, like a low MVRV Z-Score and stable BTC Market dominance, suggest potential price increases, other indicators point to caution. A report by Glassnode highlights that over 90% of Bitcoin’s supply is currently profitable, indicating a high ...
Since 2015, a combined investment strategy of Bitcoin and gold significantly outperformed the S&P 500, turning an initial $100,000 investment into $1,774,402 over ten years, compared to just $330,287 from the index. This approach achieved an impressive 33.97% annualized return, despite higher volatility risks. The portfolio saw only three negative years, indicating strong growth consistency. ...
Bitcoin has seen a significant increase in inflows to centralized exchanges since December 1, indicating a potential selloff. Data shows a jump from a net outflow of $69 million to a net inflow of $326 million, with a major influx of $230 million on December 3. Overall, over $562 million entered these platforms recently. Activity ...
MicroStrategy’s shares surged 58% in November, driven by Bitcoin’s rising prices and Donald Trump’s electoral win. However, after a 20% pullback, the stock is still up an impressive 502% in 2024. The company continues to focus on Bitcoin, recently announcing a plan to raise $21 billion for further purchases. Despite this optimism, investor Hataf Capital ...
MARA Holdings, Inc. (NASDAQ: MARA) made headlines in November by mining an impressive 907 BTC, a 26% increase from October, thanks to operational upgrades and a rise in hash rate. The company also reached a record by snagging 254 blocks, boosting its BTC yield per share to 37.2%. In addition to mining, MARA expanded its ...
The stock Market has seen remarkable gains in 2024, with major indexes like the Dow, S&P 500, and Nasdaq reaching record highs, thanks to factors like artificial intelligence and political optimism. However, cryptocurrencies have outperformed these traditional markets, with Bitcoin soaring 118% year-to-date. MicroStrategy, a company that heavily invests in Bitcoin, has gained an astonishing ...
The cryptocurrency Market is experiencing a remarkable rebound this year, rising to a new record high of $3.5 trillion. After a challenging 2022, marked by significant losses and the collapse of major platforms like FTX, cryptocurrencies like Bitcoin, Dogecoin, and Shiba Inu have shown strong gains in 2024. Bitcoin, the largest cryptocurrency, boasts a year-to-date ...
