MicroStrategy Buys 122 Bitcoins Despite Reporting a $53.1 Million Net Loss in the First Quarter
MicroStrategy acquires 122 BTC, holding 214,400 Bitcoins valued at $7.54 billion, despite a Q1 net loss of $53.1 million.
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SEC questions crypto ETFs with staking
02/06/2025 19:10
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"Mainland Chinese Investors Cannot Trade" Shakes the Market! Major Signal: Hong Kong's Bitcoin Spot ETF Trading Struggles to Match the US
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KikyoLinkedIn Becomes New Crypto Phishing Ground for North Korea's Lazarus Hackers
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CatherineBitcoin Dips Below $62,000 Amid Lacklustre Hong Kong's Crypto ETFs Launch
Hong Kong's Bitcoin and Ether ETFs launch saw a modest trading volume, indicating cautious investor sentiment amid regulatory concerns and market volatility. Despite the muted response, increased trading volume suggests growing interest, hinting at potential future market impact.
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The recent plunge in Bitcoin has piqued investor interest, with many considering the significant volatility of this digital token as a harbinger of broader changes in global market risk appetites. Charlie Morris, Chief Investment Officer at ByteTree Asset Management, wrote in a report, "Bitcoin is our favorite canary. It serves as a warning of potential future troubles in financial markets, yet we remain confident that it will rebound at some point."
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