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MicroStrategy to HODL $47B of Bitcoin, hits pause on new purchases
Manage episode 464942754 series 3528570
Content provided by Сointelegraph. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Сointelegraph or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
As we move further from the weekend’s crypto bloodbath, we are getting a better sense of the scale of the event; the Bybit CEO said liquidations weren’t around $2 billion, but more like $10 billion! Nevertheless, yesterday saw a sizeable rebound across Bitcoin and altcoins, so there’s much to unpack. MicroStrategy finally put a halt on selling its stock for Bitcoin after 12 consecutive weeks of purchases, and Ethereum rallied as Eric Trump claimed it was a great time to buy ETH. Still, the Trump family crypto platform, World Liberty Financial, was reportedly trying to sell more of its WLFI token, which was swiftly denied.
Further reading:
- Crypto market liquidations likely reached $10B — Bybit CEO
- Crypto markets rebound as Trump puts Canada, Mexico tariffs on hold
- US senator hints Trump’s latest EO could mean the US buying Bitcoin
- MicroStrategy halted Bitcoin purchases, says it will hodl $30B BTC
- Ethereum tops $2.9K as Eric Trump says ‘it’s a great time to add ETH’
- Trump-backed World Liberty Financial denies token sales
Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.
Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com
The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
313 episodes
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Manage episode 464942754 series 3528570
Content provided by Сointelegraph. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Сointelegraph or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
As we move further from the weekend’s crypto bloodbath, we are getting a better sense of the scale of the event; the Bybit CEO said liquidations weren’t around $2 billion, but more like $10 billion! Nevertheless, yesterday saw a sizeable rebound across Bitcoin and altcoins, so there’s much to unpack. MicroStrategy finally put a halt on selling its stock for Bitcoin after 12 consecutive weeks of purchases, and Ethereum rallied as Eric Trump claimed it was a great time to buy ETH. Still, the Trump family crypto platform, World Liberty Financial, was reportedly trying to sell more of its WLFI token, which was swiftly denied.
Further reading:
- Crypto market liquidations likely reached $10B — Bybit CEO
- Crypto markets rebound as Trump puts Canada, Mexico tariffs on hold
- US senator hints Trump’s latest EO could mean the US buying Bitcoin
- MicroStrategy halted Bitcoin purchases, says it will hodl $30B BTC
- Ethereum tops $2.9K as Eric Trump says ‘it’s a great time to add ETH’
- Trump-backed World Liberty Financial denies token sales
Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.
Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com
The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.
313 episodes
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A daily dose of irreverent, offbeat, and informative takes on business & tech news. Hosted by Jon Weigell, Juliet Bennett Rylah, Mark Dent, Ben Berkley, Sara Friedman, Matthew Brown, and Rob Litterst from The Hustle.
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continue reading
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