Bitcoin Profit and Loss Ratio Plummets: Buy Now or Wait?
Bitwise chief investment officer Matt Hougan said the bottom is “closer than ever,” while a Swan Bitcoin analyst suggested investors buy now at a discount rather than overpaying later.
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Bitwise chief investment officer Matt Hougan said the bottom is “closer than ever,” while a Swan Bitcoin analyst suggested investors buy now at a discount rather than overpaying later.
The post Strategy Is No Longer a One-Way Bitcoin Buyer – Bitwise CIO appeared first on Coinpedia Fintech News Bitwise Chief Investment Officer Matt Hougan said Strategy is no longer solely a one-way buyer of Bitcoin, citing the company’s new capital framework that allows it to monetize part of its B
Bitcoin Magazine Preferred Stock Is Becoming Bitcoin Treasury Firms’ Financing Tool of Choice: Report Bitcoin-backed preferred shares — led by Strategy and emerging players like Strive—have grown into a roughly $13B market by offering high-yield. This post Preferred Stock Is Becoming Bitcoin Treasur
The token is down nearly 7% on the week with the altcoins falling harder. Bitcoin and ether are both ending the second quarter in the red, a back-to-back losing first half that runs against the usual pattern.
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Maxine Waters, the ranking Democrat on House Financial Services, asked the chief of the Department of Labor to withdraw its proposal on alternative assets.
Investors are watching the preferred stock's ex-dividend date and monthly dividend rate reset closely.
An early miner says Strategy's stock mNAV has fallen to 0.72, near the level that marked the last cycle's turn, and that bitcoin historically bottoms about six months after that signal.
TechCrunch's StrictlyVC evening in Los Angeles late last week brought together two of the more straight-talking investors working in AI right now. They were as entertaining as they were illuminating.
Analysts and market observers are saying bitcoin's crash is happening due to traders chasing momentum and rotating out of crypto and into high-flying IPOs and AI stocks.