If Microsoft Invests in Bitcoin, What Could Happen to Its Price?
On October 24, Microsoft Corporation (MSFT) disclosed an unexpected item in a filing with the United States Securities and Exchange Commission (SEC) for its upcoming shareholder meeting on December 10. In addition to typical agenda items—such as director elections, auditor ratification, and discussions on AI misinformation—a unique proposal caught attention: an “Assessment of Investment in […]
Bitcoin Mining – All The Secrets For Maximum Profitability
Bitcoin mining can still be a highly profitable venture, but it’s not without its challenges. As Bitcoin mining undergoes halving events, profitability for miners becomes more complex, requiring careful cost and strategy management to remain successful. Here’s an in-depth look into the critical aspects of maximizing Bitcoin mining profitability, from choosing the right location and […]
Microsoft will be voting on a proposal titled “Assessment of Investing in Bitcoin”
Microsoft shareholders will vote in December on whether the company should publicly explore the possibility of adding Bitcoin to its balance sheet, according to a filing with the U.S. Securities and Exchange Commission. In the filing dated Oct. 24, Microsoft revealed that an “Assessment of Investing in Bitcoin” will be presented to shareholders for a […]
Kraken set to unveil Ink blockchain for DeFi in early 2025
Kraken, one of the leading centralized cryptocurrency exchanges (CEX), is gearing up to introduce its own blockchain, named “Ink,” in early 2025. This new blockchain will be geared toward decentralized finance (DeFi) applications, marking a strategic shift for Kraken toward decentralized services. According to Bloomberg, Ink will enable users to engage in token trading, borrowing, […]
Altcoin Season Likely to Follow Bitcoin Reaching $80K – Hashkey Capital
According to a crypto investment firm, simply breaking Bitcoin’s all-time high of $73,679 may not be sufficient to ignite an altcoin season. In their market analysis released on October 23, analysts from Hashkey Capital suggested that an 18% increase in Bitcoin’s price could pave the way for altcoin season. They noted that for altcoins to […]
Bernstein Research Predicts Bitcoin Surge to $200K by Late 2025
Bitcoin could soar to $200,000 by the close of 2025, as the cryptocurrency steps into what Bernstein Research describes as “a new institutional phase,” according to an October 22 report. Bernstein’s comprehensive 160-page analysis explains how Bitcoin mining is expected to undergo significant consolidation in the coming years, a point echoed by Matthew Sigel, VanEck’s […]
Tesla Reports No Bitcoin Sales in Q3
Tesla released its Q3 2024 earnings on Oct. 23, confirming that it held onto its $184 million in digital assets throughout the quarter, marking the fifth consecutive quarter without selling any cryptocurrency. The company’s financial results showed revenue slightly down at $25.18 billion compared to $25.5 billion in Q2. However, Tesla’s net income saw a […]
Trump’s Election Win Could Propel Bitcoin to $92K, Claims Bitwise Executive
A top executive from Bitwise, a crypto asset management firm, predicts that Bitcoin could surge to as high as $92,000 if Donald Trump wins the upcoming U.S. presidential election. On October 22, Jeff Park, Bitwise’s head of alpha strategies, shared his insights in a post on X. He explained that by tracking Bitcoin’s price movement […]
Paul Tudor Jones Predicts Inflation Surge, Advocates for Bitcoin Investment
Veteran investor Paul Tudor Jones is betting on Bitcoin and other commodities, forecasting inflation in the U.S. after the November presidential election. In an interview with CNBC on Oct. 22, Jones expressed his investment preferences, saying, “I likely hold a mix of gold, Bitcoin, commodities, and NASDAQ [tech stocks], and I would completely avoid fixed […]
Tesla Expected to Retain $780M in Bitcoin Holdings Despite Recent Moves: Arkham
Tesla likely still holds its $780 million worth of Bitcoin, despite moving the funds to unknown wallets on Oct. 15, says blockchain analytics firm Arkham Intelligence. In an Oct. 22 post on X, Arkham explained that the recent Bitcoin transfers were likely “wallet rotations,” meaning Tesla still controls the funds. On Oct. 15, Tesla split […]