Another record. Bitcoin reaching a new high above 71,000 this morning. Look at the move. It has been a staggering move. 71,758 as we speak and climbing. Crypto adjacent names, coinbase, et cetera, seeing gains. There is three days after ethereum breached the 4,000 mark. Look at the crypto stocks. Trading higher this morning. Early this morning, i should say. Coinbase and robinhood. We will talk to Michael Saylor at 8 30 a. M. Today. We will ask why invest in the proxy when you can invest easily in the etf now . Thats one of the big shifts. Hes a brave man. He is a brave man. Buying more bitcoin. That would be his argument. He is a levered bet on crypto. The stock is a leveraged bet on crypto and bitcoin in a way that you could go leverage. Aside from the Software Business. That is not part of the deal. Have you heard about coinbase and what goes on there . The zero balances on the high volume base . I have been looking at it. Whats going on . I have seen it. That number is nice. It goe
More than a decade earnings in focus, state of texas, ea, match, humana and amds chief lisa su will join us later this hour. Apple sports books reportedly reaching a new streaming deal with the pac12 lets begin with the fitch downgrade. Downgraded the u. S. To aa plus you talked about this last night. Is the market shrugging it off or not i think it has to in some ways, its just an upgrade of the way we run our country, and i think you want to go back and think, well, what happened in august 5 of 2011 when the s p downgraded us s p was at 1,119 it had gone down to 1,095. So, there was a big decline. Then, one year later, it went up so, in other words, if you just take the worst case scenario, which is what happened in 2011, it was an amazing buying opportunity. And when people looked at it, i think they said it was quizzical. Tim geithner was very angry, said it was wrong. This one says, youre a completely dysfunctional country, and we recognize that but all countries are dysfunctional
Bitcoin Price Diverges from Traditional Markets, Signaling Potential Reversal 3ajlnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 3ajlnews.com Daily Mail and Mail on Sunday newspapers.
Bear market or not, MicroStrategy CEO Michael Saylor remains committed to his company's Bitcoin treasury philosophy - announcing the purchase of another 5445 Bitcoin since August the 1st.