Bitcoin Magazine Strategy’s Michael Saylor Met With Middle East Sovereign Wealth Funds to Pitch Bitcoin-Backed Credit Strategy Executive Chairman Michael Saylor said today that he has met with “every sovereign wealth fund in the Middle East,” as he continues to promote Bitcoin-backed financial structures to some of the world’s largest pools of capital. “I’ve been […]

Bitcoin Magazine Bitcoin Coalition Pushes Back Against MSCI Proposal Targeting Bitcoin-Heavy Companies Bitcoin For Corporations (BFC), in coordination with its member companies, formally challenged MSCI’s proposed rule to exclude companies from the MSCI Global Investable Market Indexes if digital assets represent 50% or more of total assets.  The rule would apply to companies whose primary

Bitcoin Magazine Bitcoin Bulls Eye $94K Breakout Ahead of Crucial FOMC Rate Cut Decision Bitcoin Price Weekly Outlook Last week was a bit of a roller coaster ride, while bears kicked the price down to the $84,000 support level early in the week, bulls stepped in down there to rally the price up to the

Bitcoin Magazine UAE’s Security General Hails BTC as a ‘Key Pillar in Future Finance’ at Bitcoin MENA Conference At the ongoing Bitcoin MENA conference, UAE officials highlighted the nation’s strategic embrace of Bitcoin as a core component of the future financial system.  In a speech at Bitcoin MENA, Mohammed Al Shamsi, representing UAE National Security,

Bitcoin Magazine Bitcoin Price Briefly Surges Past $92,000 As ‘Bitcoin Breaks 4-Year Cycle’   The bitcoin price climbed above $92,000 over the weekend, off of lows near $88,000. The bitcoin price reached $92,203 at its seven-day high. Bernstein analysts argue that recent price movements signal a structural shift in Bitcoin’s market cycle. In a note to

Bitcoin Magazine Strategy ($MSTR) Buys Nearly $1 Billion Worth of Bitcoin Strategy, the largest publicly traded holder of bitcoin, said it acquired 10,624 BTC last week for about $962.7 million, returning to a scale of purchases not seen since mid-year as market volatility steadied. The company paid an average price of $90,615 per bitcoin during

Bitcoin Magazine Vivek Ramaswamy’s Strive Urges MSCI to Rethink Bitcoin Index Exclusion Strive Asset Management is pushing back against MSCI’s latest proposal. The index provider suggested removing companies with bitcoin holdings over 50% of total assets from major equity benchmarks. In a letter to MSCI CEO Henry Fernandez, Strive warned the plan could create uneven

Bitcoin Magazine Bitcoin Price Craters to $88,000, But JPMorgan Maintains $170,000 Target Bitcoin price plunged to $88,000s on Friday, down over 4% in the past 24 hours. The cryptocurrency is trading near its seven-day low of $88,091, and about 4% below its seven-day high of $92,805.  The global market capitalization for Bitcoin now stands at

Bitcoin Magazine Why The Bitcoin Bear Market Is Almost Finished Bitcoin has struggled to maintain a sustained correlation with Gold, recently only moving in unison during market downturns. However, examining Bitcoin’s price action through the lens of Gold rather than USD reveals a more complete picture of the current market cycle. By measuring Bitcoin’s true

Bitcoin Magazine Bitcoin Treasury Twenty One Capital to Start Trading on NYSE Next Week With $4 Billion BTC Treasury Bitcoin treasury firm Twenty One Capital will start trading on the New York Stock Exchange on December 9. The company will use the ticker symbol XXI. Twenty One Capital is the result of a merger with