Straight from the Desk

Syz the moment

Live feeds, charts, breaking stories, all day long.

26 Oct 2023

According to RT, Russia has conducted a major exercise aimed at testing its strategic nuclear forces, the Kremlin said on Wednesday

The drills focused on the simulated delivery of ‘a massive nuclear strike by the strategic offensive-oriented forces in response to a nuclear strike by a simulated enemy’. Note that gold and bitcoin both jumped on the news.

26 Oct 2023

BlackRock's iShares Bitcoin Trust is now re-listed on the Depository Trust & Clearing Corporation $IBTC

Source: Bitcoin magazine

25 Oct 2023

We have not seen NASDAQ move lower with $BTC exploding to the upside in a long time

Source: TME, Refinitiv

25 Oct 2023

Bitcoin Returns since 2010... $BTC

Source: Charlie Bilello

25 Oct 2023

Blockchain data shows a record 76% of bitcoin is owned by ‘long-term hodlers’ who have not moved their coins in +155 days

Source: Documenting Bitcoin, Ark Invest, Glassnode

24 Oct 2023

Bitcoin hit $34k on short squeeze

BTC

16 Oct 2023

SEC approval of Blackrock Bitcoin ETf was a FAKE NEWS

Bitcoin pumped (+10% to $30k) and dumped after BlackRock said that its application for an exchange-traded fund that invests directly in the cryptocurrency is still under review. Source: Bloomberg

16 Oct 2023

Standard Chartered is ramping up its bullish Bitcoin prediction

Targeting as much as $120,000 by the end of 2024 — almost quadruple the current price — as increasingly cash-rich miners reduce sales of the token. “Increased miner profitability per BTC mined means they can sell less while maintaining cash inflows, reducing net BTC supply and pushing BTC prices higher,” Geoff Kendrick at Standard Chartered wrote Monday.

Thinking out loud

Sign up for our weekly email highlighting the most popular posts.

Follow us

Thinking out loud

Investing with intelligence

Our latest research, commentary and market outlooks