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MicroStrategy Executive Chairman Michael Saylor spoke Jan. 13 at a Benchmark-hosted investor meeting in Orlando.The company plans to raise up to $2 billion in the first quarter of 2025 by issuing perpetual preferred stock.
Check out which popular analysts believe BTC could reach fresh peaks soon.
Quick Take Bitcoin’s dominance over ether and altcoins is expected to persist through 2025, according to JPMorgan analysts. They attribute this potential trend to factors like bitcoin’s role in the debasement trade, ongoing MicroStrategy purchases and more.
Quick Take U.S. President-elect Donald Trump intends to issue an executive order to list crypto as a national policy priority after being sworn in next Monday, according to Bloomberg. Trump also plans to establish a crypto advisory council.
Quick Take Phantom Wallet has raised $150 million at a $3 billion valuation. Sequoia and Paradigm led the Series C round, with a16z and Variant also participating.
- 18:29Analysis: Nonfarm Payroll Report Unlikely to Alter Fed’s Wait-and-See StanceOn July 6, after non-farm payroll data showed that the U.S. economy added significantly more jobs than expected and the unemployment rate unexpectedly declined, gold experienced temporary pressure in the previous trading session. However, XS.com analyst Linh Tran stated in a report that the data does not indicate an overheated economy, but rather reflects a relatively stable pace of growth. Tran noted that this is not enough to force the Federal Reserve to reconsider its wait-and-see stance on monetary policy, which is also why gold prices did not fall further. (Jin10)
- 17:48No Breakthrough Achieved as US-EU Trade Talks Extend Into the WeekendAccording to a report by Jinse Finance, citing CCTV News, on the 4th local time, EU diplomats stated that EU negotiators failed to achieve a breakthrough in the US-EU trade talks, and the negotiations will continue through the weekend. EU negotiators indicated that if a broader trade agreement cannot be reached, they hope to ensure that the deadline for the US to postpone additional tariffs will be extended. It is reported that the scale of the EU's second round of countermeasures has been reduced from the initial 95 billion euros to 72 billion euros. EU diplomats noted that the US has threatened to impose a 17% tariff on EU agricultural exports.
- 17:13Iran warns Israel: Any further attacks will remove all "red lines"According to Jinse Finance, on the 4th local time, the spokesperson for Iran's Islamic Revolutionary Guard Corps, Naeini, issued a warning to Israel, stating that if Israel launches another attack, Iran will no longer observe any "red lines." He noted that Iran's swift response disrupted the enemy's plans, and that only by observing the objectives of the war can one determine who will ultimately win or lose.