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news-imageOctober 22, 2024

MicroStrategy CEO Michael Saylor Reveals His Bitcoin MSTR Plan

Some argue self-custody, if nothing else, is the core of Bitcoin, the fact that you can trust no one but yourself to hold and safeguard your wealth.
Publisher: Bitcoin Magazine
Sentiment: Positive
BTC

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Positive
cover-imageBlockworks
October 22, 2024

Bitcoin will lead the future of capital markets

As financial institutions continue to ramp up their tokenization efforts, many — including BlackRock — have been quick to assume that Ethereum will dominate this space. However, I think that Bitcoin, with its superior security model and emerging programmability, is actually poised to become the foundation of the next generation of capital markets.

Positive
cover-imageCoinPedia
October 22, 2024

Bitcoin Price Analysis: Bullish, Bearish and Neutral Scenarios Explained

Currently, Bitcoin is positioned at a critical juncture. A strong support at $66,000 is important for any upward movement. Recent analysis on Crypto Banter's The Sniper Trading Show explains a crucial support level for Bitcoin. Analysts anticipate the formation of a pin bar candle, suggesting a push toward the $70,000 zone in the coming weeks.

Negative
cover-imageBitcoin
October 22, 2024

A Hero Falls: Bitcoin Community Blasts Michael Saylor's ‘Paranoid Crypto-Anarchists' and Self-Custody Remarks

Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about possible bitcoin seizure events involving the large companies that currently provide crypto custody. Saylor said that they were the ones who could incentivize a seizure measure due to their lack of compliance with government rules while exercising self-custody.

Negative
cover-imageBenzinga
October 22, 2024

Just Before Bankruptcy, This Crypto Exchange's CEO Allegedly Used Money Deposited By Customers To Buy Bitcoin To Pay Off Company's Debts

Australia's financial market regulator charged the former CEO of a defunct cryptocurrency exchange for embezzling $1.47 million that a customer had sent to buy Bitcoin (CRYPTO: BTC). What Happened: In a press release shared Tuesday, the Australian Securities and Investments Commission (ASIC) stated that Grant Colthup, the ex-CEO of Mine Digital, allegedly used the funds to pay off the liabilities of the parent company, ACCE Australia Pty Ltd, or buy cryptocurrencies for others, or both.

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