Smarter Web Company Boosts Capital Through Share Subscription and Warrant Exercises
Wall Street titan Schiff: It is surprising that Bitcoin continues to hold its gains, but he still expects it to drop to new lows.
Peter Schiff said he was surprised that Bitcoin has managed to hold its gains, while gold has already given up its earlier gains, but he still expects Bitcoin to fall to new lows. Zhitong Finance
Express News | Jeonbuk Bank of South Korea has launched a Bitcoin-backed loan service.
On October 12, Edaily reported that Jeonbuk Bank of South Korea has launched a Bitcoin-backed loan service. Initially, the service will accept only Bitcoin as collateral and will be offered on a limited basis to corporate clients. The bank plans to consider expanding the scope of this service in the future, depending on market demand and regulatory developments.
Saylor signaled an increase in Bitcoin holdings, with MicroStrategy (MSTR.US) prioritizing cash accumulation before proceeding with share buybacks.
Michael Saylor hinted that MicroStrategy will implement Bitcoin-related strategies in the future, and the company completed a share repurchase through the STRC program in September, while building
Drawdown Narrows to 53%: Bitcoin Cycle Reshaping and New Bull Market Signals
BloFin Research notes that the four-year cycle of Bitcoin is losing its influence, with both declines and gains narrowing. Although recent ETF outflows have triggered volatility, a break above the 50-
U.S. Treasury yields breaking above 5% have weighed on Bitcoin, with institutional outflows causing it to fall 33% short of its all-time high.
The 10-year U.S. Treasury yield rose to 5.3%, hitting a new high since 2007, pushing up borrowing costs and strengthening the dollar, which has prompted capital to flow from riskier assets like