Crypto News Center

MicroStrategy to join Nasdaq 100 with $2.1 billion in ETF share buying expected

MicroStrategy’s addition to the Nasdaq 100 on December 23 is expected to drive $2.1 billion in ETF share purchases, potentially bolstering its Bitcoin holdings. Photo: Trung Phan Key Takeaways MicroStrategy is set to join the Nasdaq 100 Index, with an official announcement expected on December 13. MicroStrategy’s Nasdaq 100 inclusion could drive $2.1 billion in ETF share buying. MicroStrategy is expected to join the Nasdaq 100 Index on December 23,...

Aussie Analyst Says Recurring Bitcoin Pattern Signals Potential Price Explosion

The crypto world has surged with optimism following Donald Trump’s election, driven by hopes for improved regulatory clarity and innovation. Aussie analyst Jason Pizzino highlighted broader macroeconomic trends, noting that major indices like the S&P 500 are hitting all-time highs. Pizzino noted that Bitcoin has entered an accumulation phase, which has both followed and preceded historic all-time highs, potentially signalling further bullish momentum in the coming weeks. He believes that...

China makeup mogul becomes billionaire on hot Hong Kong debut

One of China’s best known makeup artists, Mao Geping, became a billionaire as his beauty company soared as much as 87% after beginning trading in Hong Kong, capping a remarkable run that’s seen the former opera performer’s premium powders and lotions defy the nation’s consumer slowdown. His skincare and cosmetics firm Mao Geping Cosmetics Co., which listed Tuesday, raised HK$2.3 billion (about $300 million) in its initial public offering after...