Today’s edition is brought to you by Traders.lite – the best trades signals anywhere.
Its Wednesday ! Let’s finish the week off STRONG 💪 💥
- 🚨 Litecoin halving is complete 📉
- 🆘 HEX and PulseChain founder Richard Heart is sued by the SEC for securities fraud.
- 🚨Kenyan government suspends activities of Worldcoin in country
- 💰 MicroStrategy plans $750M stock sale to buy more Bitcoin🚀
- 📊 Bitcoin just hits $30000
📊 Market Overview:
BTC : $29270
ETH : $1842.12
BNB : $243.85
🚨 Litecoin halving is complete 📉
💰 MicroStrategy plans $750M stock sale to buy more Bitcoin🚀
MicroStrategy has announced plans for a stock sale worth $750 million. The company aims to utilize the proceeds to bolster its Bitcoin holdings, reaffirming its unwavering commitment to the world’s leading cryptocurrency.(according to Saylor, the world only true Crypto asset)
MicroStrategy, led by Michael Saylor, has become synonymous with its steadfast support for Bitcoin. The company’s journey into the cryptocurrency market began in August 2020 when it made its first major Bitcoin purchase. Since then, MicroStrategy has continually added to its Bitcoin holdings, considering the cryptocurrency as a strategic treasury reserve asset. (why aren’t normies DCAing into bitcoin as well is a mystery to us)
The $750 Million Stock Sale:
With a strong conviction in the long-term value of Bitcoin, MicroStrategy aims to raise $750 million through a stock sale. The proceeds from the offering will be allocated to purchasing additional Bitcoin, further bolstering the company’s position in the digital asset space. (one heck of a whale)
As one of the most significant corporate players in the crypto space, MicroStrategy’s actions often carry the potential to influence market sentiment and activity. The additional investment in Bitcoin could potentially inject further confidence into the market and catalyze interest from institutional investors.
(aka… BULLISHHHHHHH 🚀🚀🚀)
MicroStrategy’s unwavering commitment to Bitcoin as a treasury reserve asset bolsters confidence in the trend of companies diversifying their financial strategies by holding cryptocurrencies. (BTC) Amidst concerns about inflation and currency devaluation, many institutions are exploring the role of Bitcoin in preserving value and hedging against economic uncertainties.
All we can say is that the ATH doesn’t stand a chance this next bull run. We definitely are hoping more people are inspired by Saylors BTC conviction and will follow suit by adding BTC to their portfolio. Wether you believe it’s the future or not, one thing is abundantly clear, BTC is primed for a MASSIVE run in the next twelve months. Don’t buy the top! Start Dollar Cost Averaging into BTC!🚀
🚨🤬HEX and PulseChain founder Richard Heart is sued by the SEC for securities fraud.
The U.S. Securities and Exchange Commission (SEC) has taken legal action against Richard Heart, the founder of HEX and PulseChain, alleging securities fraud. The lawsuit has sent shockwaves through the cryptocurrency community, raising questions about the project’s legitimacy and potential implications for investors.
The SEC’s lawsuit accuses Richard Heart of engaging in securities fraud through the launch and promotion of HEX and PulseChain. Securities fraud refers to deceptive practices that mislead investors about the true nature of an investment, potentially leading to financial losses.
HEX and PulseChain are blockchain projects founded by Richard Heart, aiming to offer innovative solutions and investment opportunities in the cryptocurrency space. However, the SEC’s legal action suggests that the regulatory body has concerns about the projects’ compliance with securities laws.
It will be interesting to see how everything begins to unfold. Richard has been very outspoken in the past and this time will be no different. This should be an epic battle. Keep in mind these types of cases can take years to be fought in court and considering that Richard Heart will likely never step foot in the US again, this will be a hard case for the SEC to trie.
Have an amazing Wednesday its time to get serious about winning. 🚀 We will see you guys Friday ! Stay SAFU and stack Coins!