Adam Back Criticizes New ETF Targeting MicroStrategy

Adam Back, CEO of Blockstream, has openly criticized the Defiance 2X Short MSTR ETF, referring to it as “awful” and raising doubts about its future. This exchange-traded fund aims to short MicroStrategy Incorporated, a company with large Bitcoin holdings. The main concern for Back is the potential risks associated with the ETF’s strategy, given Bitcoin‘s … Read more

Bitcoin (BTC) Breakout Continues as Analyst Sees $85,000 on Horizon

Bitcoin (BTC), the most valuable cryptocurrency globally based on market size, is currently experiencing a surge in value. Experts and investors are keeping a close watch as they predict that the $85,000 threshold will be the next notable barrier for Bitcoin to overcome. Crypto expert Ali Martinez expressed his optimistic perspective on social media platform … Read more