MicroStrategy wipes $30B in biggest 4-day drop amid Bitcoin correction
On the yearly chart, Bitcoin rose 146% and MicroStrategy gained 599% as more retail investment increased MicroStrategy’s volatility compared to BTC.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
On the yearly chart, Bitcoin rose 146% and MicroStrategy gained 599% as more retail investment increased MicroStrategy’s volatility compared to BTC.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
VC Giant Andreessen Horowitz Drops ‘Crypto’ Branding From $9.8B Investment Arm
Venture capital powerhouse Andreessen Horowitz is dropping the word “crypto” from the name of its dedicated cryptocurrency investm...
HSBC Brings Hong Kong Dollar Stablecoin To PayMe As Retail Rollout Begins
TL;DR: HSBC has launched its Hong Kong dollar-backed RedCoin for payments through PayMe, with wallet activation set to expand to m...
Blackrock, Fidelity Lead $635M Bitcoin ETF Loss—Biggest Outflow Since June
U.S. bitcoin ETFs suffered $635.49 million in net outflows on Thursday, abruptly interrupting a three-session run that had attract...
HSBC rolls out HKD stablecoin RedCoin as it prepares tokenized investment services
HSBC's stablecoin initiative could accelerate digital finance adoption, enhancing transactional efficiency and broadening investme...
JPMorgan Solana Push Brings MONY and JLTXX Into Tokenized Finance
JPMorgan Asset Management brings two Solana tokenized money market funds, MONY and JLTXX, to the blockchain, opening another route...
Coinbase to drop this Japanese yen stablecoin years after its price crash sparked investor lawsuits
Holders who want to avoid market-rate conversion must withdraw before Monday, ahead of GMO Trust’s Nov. 11 initial direct-redempti...