MicroStrategy has significantly expanded its Bitcoin portfolio, purchasing approximately $1.1 billion worth of Bitcoin. This represents the largest Bitcoin acquisition by the company since February 2021.
In a filing with the Securities and Exchange Commission on Friday, the business intelligence firm announced it acquired an additional 18,300 Bitcoin between August...
Two former staff members from the United States Securities and Exchange Commission (SEC) will testify at a Sept. 18 hearing on the politicization of crypto regulation.
In a Sept. 13 notice, the US House Subcommittee on Digital Assets, Financial Technology and Inclusion said they would hold a hearing titled “Dazed and Confused:...
Amazon is ordering staff back to the office five days a week as it ends its hybrid work policy.
The change will come into force from January, Amazon's chief executive Andy Jassy said in a memo to staff.
"We’ve decided that we’re going to return to being in the office the way...
Legendary investor Warren Buffett has often described his investment philosophy as buying great businesses for cheap prices. However, a shareholder at Berkshire Hathaway’s 1996 annual meeting wanted to know which of these factors was more important.
“If you had three great companies, wonderful businesses…is it better to wait a year...
US stocks jumped on Thursday as investors weighed fresh inflation and labor data against high-running expectations for a quarter-point interest-rate cut next week.
The S&P 500 (^GSPC) rose 0.7% to close out its fourth consecutive winning session. The Nasdaq Composite (^IXIC) jumped around 1%, also in its fourth straight positive...
Bitcoin is quickly flipping traders bullish as BTC price action continues to hold $60,000.
Up 9% week-to-date as of Sept. 15, BTC/USD is primed for “bullish momentum,” the latest analysis says.
Daily, weekly BTC price turnaround in progress
Bitcoin price indicators form the pretext for fresh BTC price optimism on short timeframes this week.
After...
JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods and suggested the possibility...
Legendary investor Warren Buffett has often described his investment philosophy as buying great businesses for cheap prices. However, a shareholder at Berkshire Hathaway’s 1996 annual meeting wanted to know which of these factors was more important.
“If you had three great companies, wonderful businesses…is it better to wait a year...
Hotter-than-expected readings on consumer prices — and on some wholesale prices — this week led markets to price in a higher likelihood that the Federal Reserve will opt for a smaller, more conservative interest rate cut at its September meeting.
But a confluence of events later in the week once...
It was a week of extremes for bitcoin enthusiasts.
On the plus side, the cryptocurrency rose 12% in the past seven days and the network hash rate hit an all-time high. Hash rate refers to the collective computing power of all miners in the bitcoin network, and the recent high suggests there...
