Crypto · News reference
Michael Saylor, Executive Chair of Strategy Inc., said Tuesday, October 13, that the company could increase its Bitcoin holdings in the run-up to an expected bull market.
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Economist Peter Schiff said the world is headed toward a major "debt crisis," one that could force governments to default on their obligations.
Michael Saylor sees Bitcoin topping $100,000 as Strategy keeps buying but remains open to selling when it benefits shareholders.
U.S. stock futures were higher on Wednesday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Tuesday's lower close.
Leading cryptocurrencies posted steady gains on Tuesday, October 13, as investors awaited September’s consumer inflation data against a backdrop of elevated oil prices.
Mark Yusko puts Bitcoin’s fair value at $105,000 but expects a slow climb as the market shifts into accumulation.
Susan Collins, president of the Boston Federal Reserve, said on Tuesday, October 13, that the Federal Reserve may need to raise interest rates again before year-end as inflation remains above target.