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10xResearch: Should YOU BUY Bitcoin and SELL Bitcoin Miners Before the FOMC Decision?
10xResearch: Should YOU BUY Bitcoin and SELL Bitcoin Miners Before the FOMC Decision?

Institutional Crypto Research Written by Experts

10xResearch·2024/07/31 03:22
Michael Saylor bets on Bitcoin’s bullish future but is $270T market cap achievable?
Michael Saylor bets on Bitcoin’s bullish future but is $270T market cap achievable?

Share link:In this post: Michael Saylor predicts Bitcoin could reach up to $49 million per coin by 2045. Saylor’s base case forecast of $13 million per Bitcoin marks a 30% increase from his previous estimate. The potential rise in Bitcoin’s value will impact its global standing and MSTR’s valuation.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent researc

Cryptopolitan·2024/07/30 16:00
Here’s Why Matrixport Recommends Bitcoin for Investor Portfolios
Here’s Why Matrixport Recommends Bitcoin for Investor Portfolios

Despite occasional high correlation, bitcoin’s current 9% correlation with Nasdaq suggests non-tied returns for investors.

Cryptopotato·2024/07/30 16:00
Flash
17:26
U.S. Treasury Secretary Reveals Strategic Bitcoin Reserve Plan Progressing at Deliberate Speed
On June 4, U.S. Treasury Secretary Janet Yellen revealed during a Senate Finance Committee hearing that the Treasury is advancing its strategic Bitcoin reserve plan at "deliberate speed." This reserve is driven by a previous executive order from Trump, primarily utilizing Bitcoin obtained through criminal or civil forfeiture as a funding source. Yellen acknowledged that the process is complex but emphasized that best practices will be employed to ensure long-term stability. In April, the White House digital assets advisory team indicated that a significant announcement was forthcoming, but no further progress has been reported to date.
17:25
The Federal Reserve reverse repo operation accepts $2.062 billion.
The Federal Reserve accepted 2.062 billion US dollars from 35 counterparties in its fixed-rate reverse repurchase operations.
17:21
Night Session Futures Close
International copper futures closed down 1.05% in the night session, alumina futures closed down 0.07%, and aluminum alloy futures closed down 1.07%. Stainless steel futures closed down 1.89% in the night session.
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