Billionaire Michael Saylor Says Bitcoin Will Come Out on Top Following FTX Collapse
Former Microstrategy CEO and Bitcoin bull Michael Saylor believes the fallout of FTX could actually benefit Bitcoin and spark further growth in the crypto industry. Saylor, who joined CNBC's ‘Squawk on the Street’ last w...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Saylor, who joined CNBC's ‘Squawk on the Street’ last week, said the turbulence and market volatility will benefit Bitcoin and a “handful” of other coins as it will eliminate thousands of useless cryptocurrencies. ...
Read More: Billionaire Michael Saylor Says Bitcoin Will Come Out on Top Following FTX Collapse
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 CryptonewsRelated market context
Chamath Palihapitiya Warns Bitcoin Will Hit Zero After Years of Bullish Calls
Chamath Palihapitiya once predicted bitcoin would reach $1 million. Now he says artificial intelligence (AI) will eventually hack...
McRib Is Back, and Bitcoin’s Weirdest Bullish Indicator Lives On
Crypto proponents are once again entertaining the curious connection between McDonald’s McRib and bitcoin prices, as the fast-food...
Parker Lewis: Bitcoin Will Settle 100% of Global Payments
▶Bitcoin Magazine Parker Lewis: Bitcoin Will Settle 100% of Global Payments Parker Lewis says Bitcoin will settle 100% of global p...
US Senator Questions Tether Over Reported Payments Linked To Former Crypto Adviser
TL;DR: Senator Richard Blumenthal has demanded records from Tether and consultancy Nxum over reported payments and potential ethic...
Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike
Bitcoin Magazine Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike U.S. investors quickly reversed course on Thurs...
Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head
Bitcoin Magazine Bank of Korea Wants Stablecoins Written Into Forex Law as Crypto Bill and Tax Fight Come to a Head The Bank of Ko...