Should El Salvador Follow Microstrategy’s Bitcoin Playbook? A High-Stakes Move

The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases. El Salvador Could Increase Its Bitcoin Purchases Issuing Debt Bitcoin has … Read more

Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike

According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs The chatter on the onchain grapevine suggests … Read more

Acurx Pharmaceuticals Allocates $1 Million to Bitcoin as Reserve Asset, Shares Slide 26%

Acurx Pharmaceuticals Inc. has decided to take a bold financial step, pledging up to $1 million toward bitcoin (BTC) as a treasury reserve asset. This move signals a pivot in financial strategy for the late-stage biopharmaceutical company. Biopharma Firm Acurx Adopts Bitcoin for Treasury Strategy The board of directors at Acurx Pharmaceuticals (NASDAQ: ACXP) greenlit … Read more

Microstrategy Unleashes $2.6B Bet on Bitcoin With Convertible Notes Offering

Microstrategy has revealed pricing details for its $2.6 billion 0% convertible senior notes, set to mature in 2029. No Interest, Big Moves: Microstrategy’s 2029 Notes Spell Bold Bitcoin Play The company disclosed that it plans to offer the notes privately to qualified institutional buyers under Rule 144A of the Securities Act. Initially proposed at $1.75 … Read more

Gamma Squeeze Frenzy: Could Bitcoin Prices Skyrocket Past Six Figures?

A gamma squeeze, a high-stakes event in options trading, has the potential to catapult bitcoin (BTC) prices beyond the six-figure mark, reshaping the crypto market landscape. Understanding Call Options in the Bitcoin Market and the Gamma Squeeze To understand a gamma squeeze, it’s key to first grasp the basics of options trading. Options are financial … Read more