Bitcoin Insights

2023-11-11 12:56:11 MicroStrategy's Bitcoin Bonanza: Over $1.1 Billion in Unrealized Gains

As Bitcoin's rally pushes its price over $37,000, MicroStrategy, a renowned Bitcoin advocate led by executive chair Michael Saylor, is reaping the rewards of its strategic investment in the cryptocurrency. The company's Bitcoin holdings, amounting to 158,400 BTC acquired at an average price of $29,586, have surged in value, bringing in over $1.1 billion in unrealized gains, a stunning 23% average increase per coin.

This impressive performance is not just limited to their cryptocurrency portfolio. MicroStrategy's stock has also soared, with shares jumping approximately 160% this year. This upswing is attributed to the company's robust investment strategy and Saylor's unwavering belief in Bitcoin's long-term potential, highlighting its scarcity and decentralization.

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2023-11-08 11:19:20 Bitcoin's return over a decade, against top non-cryptocurrency assets

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2023-10-31 11:14:50 Today is the 15th anniversary of the publication of the Bitcoin white paper.

On October 31, 2008, Satoshi Nakamoto published an article "Bitcoin: A Peer-to-Peer Electronic Cash System".

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2023-08-18 01:50:25 LOWEST DAILY RSI ON BITCOIN SINCE MARCH 2020

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2023-05-20 14:15:06 Jerome Powell and His Hour of Glory

Briefly:
Inflation is too high and we will work to get it back to 2%.
The banking system is more stable than ever.
The national debt ceiling problem hasn't been solved yet
Maybe the rate doesn't need to be raised as high as previously planned because it would hit banks and markets.
Perhaps a further reduction in demand will not come from a rate hike, but from changes in the labor market (rising unemployment).

Bottom line: shaved both ways, but the likelihood of another Fed rate hike has dropped from 45% to 15%

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2023-05-20 12:42:06 Biden's statement about the default situation:

House leaders in Congress understand that a U.S. default cannot be allowed because the consequences would be catastrophic;

Biden is confident that he will be able to reach an agreement with Republicans to raise the debt ceiling and prevent a default

Money printer go BRRR

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2023-05-20 11:27:15 Indonesia's Governor, Ridwan Kamil, announces the country is fully open to Bitcoin!

The fourth most populous country in the world is open to Bitcoin investment, adoption, infrastructure and more, shared Ridwan Kamil alongside Samson Mow at #Bitcoin2023.

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2023-05-18 14:01:03 How would your capital change if you invested $1 in BTC every day for 5 years instead of keeping it in a bank account

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2023-05-18 13:12:13 The bitcoin network has only stopped twice in its history, and that was in 2010 and 2013

Statistically, the bitcoin blockchain is one of the most reliable computer networks in the world

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2023-05-17 16:02:08 This is the channel we all wanted to find, just watch what they have:

GG-Shot Indicator - predicts pumps and dumps

GG-Shøt Bot - automated trading

GG-Players Club - strong community group with signals

These guys are making really good stuff for crypto, highly recommended to check

—> https://t.me/doublegtrading Open / Comment