Cnbc
‘Bitcoin Set to Outshine Gold,’ Predicts MicroStrategy’s Michael Saylor
By FXCOINZ Editorial
•
11/03/2024
MicroStrategy, holding a staggering 205,000 bitcoins valued at nearly $15 billion, believes that Bitcoin will surpass gold as a more valuable asset in the future, according to CEO Michael Saylor.
Bankman-Fried’s Successful Bitcoin Trade Resurfaces in South Korea
By FXCOINZ Editorial
•
07/03/2024
The resurgence of the “Kimchi premium” in South Korea, marked by a 10% Bitcoin price difference between local exchanges and global platforms, has caught the attention of market observers. This arbitrage strategy, initially popularized by Sam Bankman-Fried, involves buying Bitcoin globally and selling it on Korean exchanges for a riskless profit in Korean won. However, challenges arise in converting these gains into actual profits due to South Korea’s stringent capital controls.
MicroStrategy’s Michael Saylor Forecasts Soaring Bitcoin Demand, Announces Strategic Shift
By FXCOINZ Editorial
•
15/02/2024
MicroStrategy’s co-founder and executive chairman, Michael Saylor, predicts a substantial surge in demand for bitcoin-related products, estimating it to be ten times greater than the available supply.