Stock of Bitcoin’s Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally Says

Stock of Bitcoin’s Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally Says

Shares in bitcoin-holder MSTR have more than quadrupled this year, reaching a 25-month high of $673 on Wednesday to become one of the best-performing crypto-related stocks of 2023. The Nasdaq-listed firm holds 189,150 BTC as of writing, having begun accumulating the cryptocurrency as a reserve asset three years ago. Bitcoin, the leading cryptocurrency by market … Read more

Crypto Had Reputational Issues This Year. 2024 Will Change That

Crypto Had Reputational Issues This Year. 2024 Will Change That

First, SEC approval of spot bitcoin ETFs could stimulate more excitement and support for digital assets, clarifying regulatory uncertainties and valuation concerns. The recent excitement about advancements in payment processing, particularly with the introduction of PayPal’s U.S. dollar stablecoin, PYUSD, highlights the need for clarity. This excitement, however, was muddled due to the competition with … Read more

What to Expect From Bitcoin in 2024

What to Expect From Bitcoin in 2024

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Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage ‘Surge’

Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage ‘Surge’

“With the new policy fostering a regulated environment, Yellow Card anticipates a surge in user adoption and engagement in the coming months,” Lasbery Oludimu, the company’s chief data protection officer, told local news outlet Nairametrics on Wednesday. “The clarity provided by the regulatory framework instills trust and confidence among users, attracting more individuals and businesses … Read more

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