Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfire
JPMorgan analysts believe MicroStrategy's debt-funding approach to Bitcoin purchases could worsen a market downturn.
Happy Saturday!
The global crypto market cap is $2.6 trillion, with a 24-hour volume of $140.52 billion. The price of Bitcoin is $68,346.16, and BTC market dominance is 51.7%. The price of Ethereum is $3,675.47, and ETH market dominance is 17.0%. The best-performing sector is Agriculture, which gained 11%. The Crypto Fear & Greed Index is currently Greed (81).
Top News
Analysts warn MicroStrategy’s plan to fuel Bitcoin buys with debt could backfire
JPMorgan analysts believe MicroStrategy's debt-funding approach to Bitcoin purchases could worsen a market downturn.
Grayscale amends Ethereum ETF filing, says investors ‘want and deserve’ the fund
The asset manager expanded its comments on market correlation as well as share creation and redemption.
AI crypto traders take profits pushing tokens down up to 20% after scorching 2024 rally
Market dip hits AI crypto sector as rally cools amid increased spotlight.
Latest Insights
More News
Vanguard CEO says Bitcoin ETFs do not ‘belong in a long-term portfolio’
US prosecutors want SBF to serve at least four decades in prison
Binance Labs spun-off into independent entity outside the Binance group umbrella
Latest Market Report
How Bitcoin’s road to new ATH was reflected in on-chain data
CryptoSlate's latest market report dives deep into on-chain data to better understand the market forces leading up to, during, and after Bitcoin's journey to the new ATH.
I'm really a useless person because I'm a poor person and no one believes in me