MicroStrategy’s Ambitious ’21/21 Plan’: A $42 Billion Bitcoin Investment Strategy
Michael Saylor, founder and chairman of MicroStrategy, unveiled a bold initiative yesterday: the ’21/21 Plan.’
Read our free bitcoin course: an ideal entry point into the vast realm of Bitcoin and cryptocurrencies.
Michael Saylor, founder and chairman of MicroStrategy, unveiled a bold initiative yesterday: the ’21/21 Plan.’
The new European Markets in Crypto-Assets Regulation (MiCA) mandates that stablecoin issuers must hold at least 60% of their reserves in cash with European banks. While this regulation aims to enhance stablecoin safety for consumers, Tether CEO Paolo Ardoino argues that such requirements may, in fact, increase systemic risks within the financial sector.
During Microsoft’s upcoming shareholders’ meeting on December 10, an intriguing proposal will be discussed: the possibility of the tech giant investing a portion of its cash reserves in Bitcoin.
A recent paper from the European Central Bank (ECB) presents a critical view of Bitcoin, focusing on wealth redistribution and potential societal impacts.
In a significant development within the Dutch crypto industry, Coinmerce has acquired a majority stake in fellow crypto platform BLOX, with the aim of driving European expansion.
With the introduction of the European MiCAR legislation (Markets in Crypto-Assets), the regulator will soon have the power to take action against entities attempting to manipulate the crypto market.
Part of classic technical analysis patterns, a wedge shows reversal conditions. From the moment the price breaks from it, volatility usually increases.
A head and shoulders pattern is a reversal pattern. As such, it appears at the end of trends.
The Forex market consolidates most of the time. Statistically, the market spends more than sixty percent of the time consolidating. When the consolidation takes the shape of a triangle, it means that the market builds energy.
For a candle to be a Doji candle, it must meet a single condition: the opening and closing prices to be the same.
The limiting triangle forms after a bullish or bearish trend. And, always breaks in the direction of the underlying trend.
Perhaps one of the most important patterns Elliott ever discovered, double and triple combinations form all the time. Not only that they are important but they are quite common.
Resist the temptation to blindly follow others’ advice. Beware of services or investment products flaunting incredible returns. Remember, soaring returns often accompany soaring risks. Prioritize investing in your own knowledge and mastering the art of safeguarding your assets!