T-Rex’s 2x leveraged MicroStrategy ETF (MSTU) has surged in performance, now ranking among the top 1% of all ETFs by daily trading volume. Launched just six weeks ago, MSTU has posted a 225% gain, translating to an annual equivalent growth rate of 57,000%. This exponential rise is attributed to MicroStrategy’s
Bitcoin price remains to be a hot topic of discussion in the financial community. Currently valued at approximately $58,254 (BTC-USDT) on Gate.io, Bitcoin (BTC) has been on a rollercoaster ride, characterized by significant volatility and an inability to reach a new all-time high despite the recent halving event. This lack
The crypto space has been abuzz with activity as Bitcoin has rallied to hit the March 2024 trading levels. However, the altcoin sector has shown mixed signals in the last 24 hours. Ethereum has failed to utilize this positive momentum, but Solana, on the other hand, has hit the $180
Speculation about how political events may impact the bitcoin market is growing as the 2024 U.S. presidential election gets close. Among them is the fascinating prospect that a Donald Trump win would propel Bitcoin (BTC) into the sought-after $100,000 level. A Trump victory might set off changes in market sentiment,
The intersection of politics and finance has always had a significant effect on the crypto market; the most recent conjecture revolves around former US President Donald Trump. Known for his divisive impact in many spheres, Trump’s remarks on Bitcoin and crypto regulation might generate positive signals that institutional investors all
October, often dubbed “Uptober” by crypto enthusiasts, turned out to be a disappointment for many in the cryptocurrency space. The anticipation of bullish momentum was palpable at the beginning of the month, with analysts predicting $70K rally for Bitcoin (BTC) and other altcoins. However, as the month unfolded, the reality
The co-founder of MicroStrategy, Michael Saylor has transformed the firm’s financial approach by making Bitcoin at the core of its asset strategy. Saylor turned to Bitcoin, describing it as the “digital gold.” In August 2020, MicroStrategy made its first Bitcoin purchase, acquiring 21,454 Bitcoin for $250 million, citing the potential
The worldwide cryptocurrency market has seen bullish movements in the past day instilling optimism in members of the community. The overall crypto market has shown a 1.43% increase in market cap and a 22.63% surge in daily trading volume. Meanwhile, the regulatory landscape has not shown much activity over the
The United States Presidential Election 2024, which is scheduled for November 5, is heating up the debate and the impact of a Donald Trump victory on the global crypto markets, particularly Bitcoin (BTC). As the presidential candidates Trump and Kamala Harris battle for triumph, prominent figures in the markets predict
The global crypto markets experienced a turbulent day as negative sentiments swept through the trading floor. Bitcoin (BTC) initially dipped to around $65,500 but later rebounded slightly to about $67,085. In addition to Bitcoin’s struggles, Ethereum (ETH) fell to approximately $2,471 from $2,563, marking a decline of over 7%. Solana
