Friday, March 29, 2024
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'Unanimous Verdict, Your Honor': Sam Bankman-Fried's Conviction Was Inevitable

Twelve jurors spent less than five hours deciding the facts. They asked for portions of transcripts from Paradigm's Matt Huang and Third Point's Robert Boroujerdi testimony, as well as highlighters and Post-it Notes, and when they didn't immediately receive the version of the indictment, they requested that too. And yet,

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MicroStrategy’s Bitcoin conviction ‘strong’ as it posts Q1 profit

Business intelligence platform MicroStrategy has reiterated its commitment to its Bitcoin (BTC) investment strategy after turning its first quarterly profit since 2020. The Michael Saylor-founded firm went back into the green in the first quarter of 2023 with a profit of $94 million, which was largely attributed to a one-time income

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Glassnode Suggests Bitcoin Long-Term Holder Conviction Not Lost Yet

Data from Glassnode suggests Bitcoin long-term holder capitulation hasn’t reached a scale that would imply a widespread loss of conviction yet. Bitcoin Long-Term Holder Supply Has Declined By 61.5k BTC Since 6 Nov According to the latest weekly report from Glassnode, the BTC long-term holder supply has observed a notable decrease recently. The

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Dow Lacks Conviction as Coronavirus Threatens Consumer Spending

The Dow Jones Industrial Average (DJIA) lacked conviction during the week’s final trading session. U.S. consumer spending slowed significantly in January as the coronavirus epidemic began to filter into consumer behavior. Health officials warned Americans to brace for a U.S. outbreak, meaning coronavirus could weigh on the economy for months to come. The

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