• Jul 31, 2024

Economists Skeptical About Trump's Bitcoin Stockpile Plan: A Game-Changer Or A Mere Election Gimmick?

In a surprising move, former US President Donald Trump has proposed a plan to establish a national bitcoin stockpile if he is reelected. This announcement has left economists and financial experts scratching their heads. What Happened: As reported by Wired on Thursday, Trump unveiled his plan at the Bitcoin 2024 conference in Nashville, Tennessee. He pledged to retain all bitcoin currently held or acquired by the US government in the future, estimated to be around 210,000 bitcoin, worth approxim

  • Jul 31, 2024

The Anatomy of a Crypto Bull Market

Analyzing previous crypto market cycles helps us understand the current one, says Kelly Ye, head of research at Decentral Park Capital.

  • Jul 31, 2024

MicroStrategy Reports Q2 Loss, Boosts Bitcoin Holdings by $11 Million

American software firm MicroStrategy released its second-quarter earnings report on Thursday, noting a net loss of $102.6 million. The company, co-founded by Bitcoin maximalist Michael Saylor, reported total revenue of $111.4 million as well as a loss of $200 million in the second quarter of 2024, compared to a loss of $26.7 million at the same time last year. The company also noted its subscription services business saw revenues of $24.1 million, a 21% year-over-year increase. In terms of its d...