To The Moon

UPDATE 1-Bitcoin hoarder Strategy buys $2.13 billion in bitcoin in eight daysCo holds 709,715 bitcoin as of January 19Analyst expects co to continue buying bitcoin during price dipsQuarterly results not key metric for Strategy, analyst saidCo shares drop 7.4%, bitcoin falls 3.6%Adds comments from analyst in paragraphs 5,6 and 9, update sharesBy Prakhar Srivastava. Jan 20 - Billionaire Michael Saylor's bitcoin-focused firm Strategy MSTR.O said on Tuesday it bought about $2.13 billion worth of bitcoin over the past eight days, stepping up purchases even as its stock has been pressured by cryptocurrency volatility.The company acquired roughly 22,305 bitcoin between the period of January 12 and January 19, according to a regulatory filing.The purchases were funded using proceeds from the company’s at-the-market share offering program, Strategy said.Saylor said in an X post on Tuesday that Strategy holds 709,715 bitcoin as of January 19.Earlier this month, Strategy reported an unrealized l

Danish pension fund Akademiker Pension has announced its withdrawal from the US Treasury market. As of the end of December, the fund held $100 million in US Treasuries. Its Chief Investment Officer stated that the United States is "basically no longer a good credit prospect."

Crypto stocks dropped in overnight trading as bitcoin fell below $91,000. $Bitfarms(BITF)$ fell 7%; $SharpLink Gaming(SBET)$, $BitMine(BMNR)$, $CleanSpark(CLSK)$, and $IREN(IREN)$ fell 6%; $Cipher...

Trump administration touts push to lower car prices, de-emphasize EVsTrump officials promote rollback of EV regulations to lower car pricesAverage new car prices hit record high, driven by SUV and pickup demandCritics argue rollback benefits oil industry, increases fuel costs for AmericansBy David Shepardson

Gold stocks rose in Hong Kong on Tuesday.China Gold Intl rose 6%; Wanguo Gold up 5%; Zijin Gold Intl up 3%; Lingbao Gold up 2%; Chifeng Gold up 1%.

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBitcoin(BTC) Surpasses $92,000 with a 1.52% Increase in 24...

The U.S. attorney’s office in the District of Columbia has opened a criminal investigation into Jerome H. Powell, the Federal Reserve chair, over the central bank’s renovation of its Washington...