South Korea recovers from martial law and XRP, BTC flash crashes
Bitcoin and XRP fell 33% and 56% respectively after South Korea's President Yoon Suk Yeol declared martial law for the first time since 1979.
Aaron Wise
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XRP craze in South Korea reminds traders of LUNA meltdown
If XRP can't hold onto its gains, it could provide even more disappointment to South Koreans still stinging from LUNA’s 2022 collapse.
— Michael Saylor, MicroStrategy
MicroStrategy must perform today for its NASDAQ 100 snapshot
Today is the snapshot date for MicroStrategy to qualify for the NASDAQ 100 (QQQ) index. Next, MSTR must pass an annual committee review.
What happens if MicroStrategy can’t sell enough bitcoin to repay lenders?
Some people believe MicroStrategy's bitcoin can't be liquidated... but there's no free lunch on Wall Street.
— Michael Saylor, MicroStrategy
MicroStrategy funds resort to risky strategies amid MSTR, bitcoin dip
Although bitcoin and MicroStrategy (MSTR) are both up on the day, Michael Saylor’s firm is still roughly 30% below last week’s all-time high.
Is Michael Saylor the Do Kwon of this bitcoin cycle?
MicroStrategy and Michael Saylor’s rise to prominence has drawn comparisons to Do Kwon’s bitcoin-buying ambitions from 2022.
MicroStrategy bulls think Michael Saylor can pump it to 10X its BTC
Irresponsibly Long MSTR members think that Michael Saylor will discover “genius ways” to financialize MicroStrategy's bitcoin holdings.
Michael Saylor buys 55,500 more BTC, average price nears $57,000
In the 1980s, a single family manipulated the price of silver. Critics think that situation is similar to MicroStrategy and bitcoin.
Shock! Two thirds of memecoins now ‘worthless’ says new research
New research corroborates earlier findings that the vast majority of memecoins crash after their initial promotion and never recover.
— Michael Saylor, MicroStrategy
MicroStrategy down 16% after short seller’s report
Andrew Left tweeted negatively about MicroStrategy 13 minutes into Thursday’s trading session. Within 90 minutes, the stock had declined 16%.