Crypto News
US Senator: New Treasury Secretary Will Champion Digital Assets
A senator hails Scott Bessent as a champion for digital assets, backing his Treasury Secretary nomination to advance a Strategic Bitcoin Reserve and reshape U.S. fiscal policy. The Pro-Crypto Leader Poised to Shape US Fiscal Policy U.S. Senator Cynthia Lummis (R-WY) has voiced firm backing for President-elect Donald Trump’s selection of hedge fund manager ScottSource link
OpenAI Whistleblower Found Dead in San Francisco Apartment in Apparent Suicide
OpenAI whistleblower Suchir Balaji, 26, was found dead in his San Francisco apartment late last month, San Francisco Police Say.Source link
Microstrategy Stock Soars as Bitcoin Outshines Real Estate, Gold, Bonds
Microstrategy’s bitcoin-focused strategy has ignited a staggering 500% stock surge, with projections of bitcoin hitting $13 million, solidifying its dominance in high-stakes investing. 500% Stock Gains, $13M Bitcoin Projection: Microstrategy’s Wild Ride Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a chart illustrating the performance of Microstrategy’s stock against other major investments on Thursday. SinceSource link
Bitcoin Bull MicroStrategy Joins Nasdaq 100
Bitcoin advocates MicroStrategy is now part of Nasdaq 100, joining Apple, Tesla, and others in a milestone in crypto's journey into the mainstream.Source link
MicroStrategy to Enter Nasdaq 100, Exposing Bitcoin-Linked Stock to Billions in Passive Investment Flows
MicroStrategy (MSTR) is set to soon be included in of the world's largest exchange-traded funds after becoming the first bitcoin-centric company to win entry into the Nasdaq-100 Index.The Nasdaq-100 Index tracks the 100 largest non-financial companies listed on the Nasdaq exchange and is filled with dominant market names like Apple, Nvidia, Microsoft, Amazon, Meta, Tesla and Costco.On Nov. 29, the day when the Nasdaq took a market snapshot in preparation for the index's annual rebalancing, MicroStrategy had a market cap of roughly $92 billion. That would rank the Michael Saylor-led company as the 40th largest in the Nasdaq 100 and a likely weighting in the index of 0.47%, according to Bloomberg Intelligence senior ETF analyst Eric Balchunas.As comparison, Apple —...