Bitcoin Insights

2023-03-28 16:23:35 BREAKING 5 MAJOR BANKS RAIDED over $100 BILLION fraud in France.

Banks Raided:
- HSBC
- Societe Generale
- BNP Paribas
- Exane
- Natixis

The PNF financial prosecution office said in a statement the probe was linked to so-called "cum-ex" dividend stripping, a trading scheme whereby banks and investors swiftly trade shares of companies around their dividend payout day.

The practice aims to blur stock ownership and allow multiple parties to illegally claim tax rebates on dividends.

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2023-03-27 18:39:47 BREAKING Binance and its founder Changing Zhao sued for breaking trading and derivatives rules by commodities regulator

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2023-03-27 16:04:39 Microstrategy: Acquired 6,455 Bitcoins for Approximately $150.0 Million, at an Average Price of $23,238 Per Bitcoin

MicroStrategy said it now holds 138,955 BTC acquired for approxiamtely $4.14 billion at an average price of $29,817.

The pro-Bitcoin firm added that it prepaid the principal of $161 million on its loan from failed crypto-friendly bank Silvergate Bank.
According to the filing, the 34,619 BTC held as collateral for the loan has been released.

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2023-03-27 14:40:14 Bitcoin  just crossed the 50 week moving average.
Look at the gains every time it has done this.

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2023-03-24 18:54:00 BREAKING EU Parliament puts €1,000 payment cap on self-hosted wallets back into final AML text

In the latest version of the bill, cash transactions would be capped at €7,000 for commercial payments, in contrast the €1,000 ($1,090) value cap for crypto transactions involving self-hosted wallets.

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2023-03-23 23:34:30 CATHIE WOOD Bitcoin  outperformed during the banking crisis because it has "no central point of failure."

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2023-03-21 22:54:18 Bitcoin  Fear & Greed index reaches a 16-month high of 68.

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2023-03-18 17:36:07 Housing Bubble is popping in Canada.

Year-over-year, prices plunged by 18.5%, the largest drop in the data, according to the Canada Home Price Benchmark Index for single family houses.

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2023-03-18 15:53:11 Bitcoin   app downloads increasing.

Bank app downloads decreasing.

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2023-03-17 23:10:02 The FED has started the money printing machine again!

The Fed added $0.3 trillion ($300 billion) in assets to its portfolio last week.

The last and only time they added a larger sum ($0.5 trillion) in a week was just after the COVID crash (March 2020) --> The price of bitcoin multiplied after that over the next 12 months by 15x.

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