Day: January 7, 2025

Meet Jason Marquez: The Truck Driver Who made $750,000 on MicroStrategy

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Follow Nikolaus On 𝕏 Here For Daily Posts This week, I stumbled across one of the coolest posts I’ve seen in a while – Jason Marquez, who says he is “just a Truck Driver that loves listening to Michael Saylor on YouTube,” revealed he has profited massively from listening to the advice of the MicroStrategy Executive Chairman. According to Marquez, he invested big in Saylor’s bold Bitcoin bet, and now holds $866,000 worth of $MSTR stock, at an average cost of $46 per share — a profit of over $750,000.…

Arthur Hayes predicts Q1 Bitcoin top amid Treasury and Fed liquidity shifts

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Key Takeaways Arthur Hayes projects a Q1 Bitcoin peak driven by a $612 billion liquidity injection, combining Federal Reserve and Treasury impacts. Hayes eyes DeSci opportunities, positioning investments ahead of a forecasted cycle peak. Share this article Arthur Hayes, former BitMEX CEO and current CIO of Maelstrom, forecasts that Bitcoin will reach a local top by the end of Q1 2025, driven by significant liquidity injections from US financial institutions. In a new blog post published on Monday night, Hayes explained that this outlook is rooted in anticipated liquidity injections…

FTX EU sold to former FTX employees’ Backpack Exchange for $32.7 million

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Key Takeaways Backpack Exchange has acquired FTX EU for $32.7 million with regulatory approval from Cyprus and the FTX bankruptcy court. With a launch in Q1 2025, Backpack aims to become Europe’s sole regulated provider of perpetual futures, leveraging its MiFID II license. Share this article Backpack Exchange, founded by former FTX and Alameda Research employees, has acquired FTX EU for $32.7 million in a deal approved by Cyprus regulators and the FTX bankruptcy court. The acquisition includes a commitment to distribute funds owed to FTX EU customers through the…

From Laser Eyes to Upside-Down Pics: The New Bitcoin Campaign to Flip Gold

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Well, my dear Bitcoiners, it seems we’ve done it. The unthinkable has been thought, the improbable achieved, and the utterly ridiculous made reality: Bitcoin has surpassed $100,000! But now, as the laser eyes dim and the confetti settles, the question looms: What next? Never fear, for Bitcoin’s restless, meme-loving army has a new mission—and it’s as ambitious as it is bonkers. Our target? Flipping gold’s market cap on its antiquated, shiny head and sending Bitcoin hurtling toward a cool $1 million per coin. Because, let’s be honest, who needs gold…

Czech central bank mulls Bitcoin to diversify foreign exchange reserves

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Key Takeaways CNB Governor Aleš Michl is considering Bitcoin for its foreign exchange reserve strategy. The CNB currently focuses on gold to achieve low inflation and financial stability. Share this article The Czech National Bank (CNB) Governor Aleš Michl has considered adopting Bitcoin as part of the bank’s foreign exchange reserve diversification strategy, though no immediate acquisition plans exist. “I have Bitcoin in my head but our strategy now is low inflation, financial stability,” Michl said in an interview with Partie Terezie Tománková on CNN Prima News. The CNB currently…