by Michael
Key TakeawaysIran’s IRGC fired ballistic missiles at a U.S. base in Jordan on July 28, all intercepted, CENTCOM said.WTI crude jumped 3.95% to $83.08 and Brent rose 3.86% to $87.34 within hours of the strike.Bitcoin slipped toward $63,700 after the strike but... 
by Michael
There is a difference between owning bitcoin and owning a claim on bitcoin, and most people who think they hold it, are holding the claim. Their coins sit with an exchange, a broker or a fund. What they actually have is an entry in someone else’s ledger and a promise... 
by Michael
Key TakeawaysKospi and Kosdaq triggered circuit breakers on Wednesday, Korea’s first-ever back-to-back halt.SK Hynix fell sharply despite reporting a 557% jump in quarterly profit that still missed forecasts.Bitcoin rose about 1% toward $64,000, decoupling from... 
by Michael
Key TakeawaysStrategy says MSTR posted a 42% annualized return since adopting bitcoin reserves on Aug. 10, 2020.The firm’s 843,775 BTC treasury, bought for $63.69 billion, sat about 17.9% underwater.Saylor unveiled Net BTC and BTC Hurdle ARR metrics on July 24 to... 
by Michael
Key TakeawaysThe Fed’s July 29 FOMC decision under Chair Kevin Warsh is expected to hold rates at 3.50% to 3.75%.TD Securities says CME FedWatch’s 95% to 98% no-change odds still overprice hike risk tied to Iran tensions.TD Securities forecasts a 2% dollar decline in... Translate »
