Fundstrat chief investment officer Tom Lee says those who turn a blind eye to Bitcoin likely believe that BTC will eventually plunge all the way down to zero. In an interview on the Global Money Talk YouTube channel, Lee says Bitcoin has proven its staying power after over a decade of existence. He also notes […]
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According to data from the SaylorTracker website, MicroStrategy currently holds 446,400 Bitcoin, valued at approximately $43.7 billion.
MicroStrategy co-founder Michael Saylor posted the Bitcoin (BTC) chart from the SaylorTracker website on Jan. 5 — the same chart Saylor typically posts on Sunday before purchasing Bitcoin on the following day.
"Something about SaylorTracker.com is not quite right," the tech founder wrote to followers on X, hinting at an impending Bitcoin acquisition on Monday.
Saylor posted the same chart one week ago, on Sunday, Dec. 29, and MicroStrategy purchased 2,138 BTC, at an average purchase price of $ 97,837 per coin, on Dec. 30.
History shows a rise in stock market indexes may be accompanied by increasing Bitcoin and crypto market prices, albeit in a more volatile manner.
Two-thirds of Americans expect the stock market to gain in 2025, but about the same portion of people expect more political conflict within the US and international discord, a survey shows.
Management consulting firm Gallup surveyed up to 100,000 people registered in its multimode panel between Dec. 4-15, almost a full month after Republican Donald Trump won the US presidential election.
About 66% of respondents tipped 2025 to be a year when the stock market rises, marking a 30 percentage point increase from the 2023 outlook taken in December 2022, during a period of high inflation and low confidence in the economy.
Investing veteran Tom Lee believes the US stock market will see greater heights next year propelled by a number of tailwinds. In a new CNBC interview, the Fundstrat co-founder and managing partner says the current macroeconomic backdrop will sustain stock market rallies next year. Lee also says he sees investors waiting on the wings to […]
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Robinhood CEO Vlad Tenev is predicting that stocks and other traditional finance (TradFi) assets will eventually move on-chain like cryptocurrencies. In a new interview with investor Anthony Pompliano, Tenev says that the efficiencies gained by using blockchain technology make its adoption by traditional finance inevitable. He also predicts that US President-elect Donald Trump and his […]
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Fundstrat managing partner Tom Lee still thinks the markets have room to run following explosive gains after Donald Trump’s US presidential election victory earlier this month. Lee, who also serves as Fundstrat’s head of research, says in a new interview with CNBC that he thinks the “Trump trade is still intact” even though the stock […]
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MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027.
The stock market is on track to close the week with one of its best performances of the year, following Donald Trump’s victory in the presidential race and another round of interest rate cuts, boosting tech stocks such as MicroStrategy (MSRT) to soar 52-week high.
MSTR shares are trading on the Nasdaq at $271.26 at the time of this writing, nearly 20% up over the past five days. The enterprise analytics and mobility software company has seen its shares skyrocket 486% over the past 12 months, mostly thanks to its Bitcoin (BTC) reserves strategy.
MSTR five-day performance. Source: Google Finance
Fundstrat’s Tom Lee says markets are getting a boost from $6 trillion that’s been sitting on the sidelines. In a new interview on CNBC’s Squawk Box, Lee says that the massive amounts of liquidity at the ready may now be more relevant for determining whether markets remain in an uptrend than macroeconomic data. “We’ve kind […]
The post $6,000,000,000,000 in Sidelined Cash Boosting Stock Market, Making Macro Data Less Important: Investor Tom Lee appeared first on The Daily Hodl.
Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising inflation adds weight to concerns about future economic stability. “It’s game over for the Fed,” Schiff stressed. […]
Fundstrat’s Tom Lee is anticipating several weeks of good performance for the stock market following this week’s Federal Open Market Committee (FOMC) meeting. In a new interview on CNBC, Lee says that while investors are cautious about markets due to uncertainty surrounding the upcoming US election, economic data is nonetheless leaning in favor of risk […]
The post Fundstrat’s Tom Lee Forecasts Multi-Week Market Rally, Says Investors Can Be ‘Pretty Confident’ Over Next Year appeared first on The Daily Hodl.
