PRESS RELEASE. Amsterdam, Netherlands – StocksFC, the innovative football (soccer) stock market platform that runs on Ethereum, is proud to announce its astounding success since its inception six months ago. In this short span, StocksFC has redefined the sports investment landscape, presenting fans with an unprecedented opportunity to monetize their football acumen. A Game-Changer in […]
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rally as US Government Shutdown Fears Worry Stock Markets
Bitcoin rebounded strongly on Wednesday, as U.S. indices continued to fall ahead of a potential government shutdown. The U.S. government could run out of money later this week, if a deal is not reached to increase funding. Ethereum also rebounded higher in today’s session. Bitcoin Bitcoin bounced from a recent support point in today’s session, […]
Market Strategist Draws Parallels Between Bitcoin and 1930 Stock Market Crash
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has explained that bitcoin appears similar to the stock market in 1930. At that time, elevated equity prices led to the stock market losing almost 90%. The crash of 1929, also called the Great Crash, contributed to the Great Depression which lasted approximately 10 years. Bitcoin v Stock […]
Microstrategy’s Stock Soars 206% After Adopting Bitcoin Strategy
Microstrategy’s stock (Nasdaq: MSTR) has risen 206% after the company adopted bitcoin as its primary treasury reserve asset. The business intelligence firm now holds 152,800 bitcoins, acquired for a total cost of $ 4.53 billion, and it has plans to buy even more. Microstrategy’s Stock Outperforms Bitcoin, S&P500, Nasdaq, Gold, Silver The stock of …
Microstrategy Increases Bitcoin Holdings to 152,800 BTC — Plans to Buy More With $750 Million Stock Sales
Nasdaq-listed Microstrategy has disclosed that it now holds 152,800 bitcoins, acquired for $ 4.53 billion. A total of 12,800 bitcoins were acquired in the second quarter. The company also revealed that it plans to buy more bitcoin with proceeds from sales of its common stock of up to $ 750 million. Microstrategy Boosts …