Microstrategy is Going Long With Macrostrategy

Microstrategy announced… something. MicroStrategy has announced that it will offer $400 million in senior secured notes to buy more #bitcoin. “MicroStrategy’s existing approximately 92,079 bitcoins will be held by a newly formed subsidiary, MacroStrategy LLC,” per the announcement. https://bitcoinmagazine.com/business/microstrategy-macrostrategy-bitcoin-arm I asked on bitcoin twitter what it was and got an Read more…

Is El Salvador the First Country to Adopt the Bitcoin Standard?

The news are really wild. We’re not there yet, but it really seems like it’s happening. For a thorough explanation you can watch this video by Trader University Read “El Salvador, Dollarisation, and Bitcoin - What to Expect From Here” https://hodlingonward.medium.com/el-salvador-dollarisation-and-bitcoin-what-to-expect-from-here-7a3a0d5460ad Laser Eyes Are Spreading Across Central and South America https://www.btctimes.com/news/laser-eyes-across-central-south-america Listen to Read more…

What’s an Engulfing Candlestick Pattern?

From Investopedia https://www.investopedia.com/terms/b/bullishengulfingpattern.asp What Is a Bullish Engulfing Pattern? A bullish engulfing pattern is a white candlestick that closes higher than the previous day’s opening after opening lower than the previous day’s close. It can be identified when a small black candlestick, showing a bearish trend, is followed the next day by a Read more…

Is This a Scam? A Guide

Another wonderful guide by Anilsaidso on scams and what to look out for. Definitely worth sharing. https://threadreaderapp.com/thread/1400978947106430977.html Smart people can get scammed too. Don’t think you’re immune. Quick thread on 𝘀𝗰𝗮𝗺𝘀, because it bears repeating. Scams are designed to separate your from your hard-earned sats. Never assume you’re immune. If Read more…