Saylor’s faith in Bitcoin unshaken as MicroStrategy buys another 480 BTC

U.S.-based business intelligence firm MicroStrategy has added 480 Bitcoin (BTC) to its coffers despite the bear market, the company announced on June 29.
In a Form 8-K filed with the U.S. Securities and Exchange Commission, MicroStrategy said it purchased the tokens between May 3 and June 28.

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Bitcoin sees sharp decline in correlation with tech equities, Kaiko says

The correlation between Bitcoin (BTC) and Nasdaq 100 reduced this month after reaching a record of .8 last month, according to a new Kaiko report.
While Nasdaq closed the week on a positive note of over 7%, Bitcoin continues to trade in the $21,000 range.

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Investment: How To Calculate The Attractiveness of a Cryptocurrency

Investment: Asset manager, financier, and cryptocurrency teacher Alexander Alexandrovich Ryabinin says the investment attractiveness of digital assets can be determined by analyzing inflationary and deflationary processes.

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Traditional hedge funds consider regulatory uncertainty biggest barrier to entry in crypto

There have never been more traditional hedge funds investing in crypto, but around two-thirds are still hesitant to enter the market, according to PwC’s 2022 Global Crypto Hedge Fund Report. Those on the fence said they were waiting for the market to mature and more regulations to be set in place.

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Max Keiser suggests corruption could be at play over SEC’s denial of spot Bitcoin ETF

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Bitcoin-bull Max Keiser gave his take on the absence of a spot BTC Exchange-Traded Fund (ETF) in the U.S., saying it’s “unconscionable” that the Securities and Exchange Commission (SEC) would continue denying applications.

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