Search results for "MIKE"
11:26

Bloomberg analysts: The annualized volatility ratio of Bitcoin relative to gold has dropped to a historic low.

BlockBeats reported that on August 4, Mike McGlone, a senior commodity strategist at Bloomberg Industry Research, stated on social media that as of August 1, the annualized volatility ratio of Bitcoin to gold has fallen to a historic low of 2.2 times, a trend that may favor gold's performance. Since 2021, this much-hyped emerging crypto asset has achieved returns similar to gold, but its average risk is more than three times that of traditional value-preserving assets—this may be an unsettling signal for digital assets.
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BTC-4.17%
19:21

The U.S. envoy visits the aid distribution points controlled by the U.S. and Israel.

On August 2, Jin10 reported that on August 1 local time, U.S. Special Envoy for Middle East issues, Wietkoff, and U.S. Ambassador to Israel, Mike Huckabee, visited a humanitarian aid distribution point located in the southern Gaza Strip. This distribution point is operated by the "Gaza Humanitarian Foundation," supported by the U.S. and Israel. Since late May, this private organization has unilaterally taken over the distribution of aid supplies in the Gaza Strip, bypassing UN agencies, while the Israeli military has frequently opened fire on Palestinian civilians near the aid point.
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10:11

Mike Biologics: Net profit attributable to the parent in the first half of the year decreased by 83.12% year-on-year.

Jin10 Data reported on July 30 that Mike Biologics announced its operating revenue for the first half of the year was 1.075 billion yuan, a decrease of 15.94% year-on-year; the net profit attributable to shareholders was 34.0425 million yuan, a decrease of 83.12% year-on-year; the net cash flow from operating activities was 162 million yuan, a decrease of 23.93% year-on-year.
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17:47

U.S. House Speaker: The House does not need to vote this week on the release of Epstein case records.

On July 24, Jin10 reported that on July 23 local time, U.S. House Speaker Mike Johnson stated that the House does not need to vote this week on the release of records related to the Jeffrey Epstein case, as the Trump administration "has done everything possible to release these records." It is reported that the Democrats are continuously attempting to force a vote on this matter, claiming it concerns trust in the government. The Republican leadership also announced a resolution that does not have the force of law but will urge the Justice Department to provide more documents.
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13:28

Former Vice President Pence: The time has come to release the Epstein case files.

Jin10 reported on July 17 that former U.S. Vice President Mike Pence joined the call for the Trump administration to release more documents related to the Epstein case on July 17 local time. Pence stated in an interview with a CBS program that it is time for the government to disclose all documents regarding the investigation and prosecution of Jeffrey Epstein. Pence also urged the White House to increase transparency while emphasizing the importance of protecting the names of the victims.
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05:53

U.S. House Speaker: Ban on Fed issuance of Digital Money is expected to be included in the National Defense Authorization Act later this year.

The conservative factions of the Republican Party have ended their obstruction of the Crypto Assets bill, and the House will vote on the measures supported by Trump. Speaker Mike Johnson confirmed that a clause prohibiting the Fed from issuing Digital Money will be included in the defense authorization bill. Trump expressed satisfaction with this.
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14:37

Alpine Fox LP founder: Reached an agreement with a Whale buyer to purchase approximately 8000 BTC.

Odaily News Alpine Fox LP founder Mike Alfred posted on the X platform, stating that an agreement has been reached with a Whale buyer to purchase about 8,000 BTC. Mike Alfred stated: A super Whale buyer contacted me within the past hour, and we have reached an agreement on the transaction of more than 8,000 Bitcoins. The selling pressure in the public market will decrease, and prices are expected to rebound before next Monday.
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03:09

Bitcoin collectors purchased rare Casascius gold bars for $500, now profiting over $10 million.

According to ChainCatcher news and a report from Cryptoslate, a collector who goes by the name John Galt on the Bitcoin Talk forum has recently successfully redeemed a solid gold Casascius physical Bitcoin bar purchased in 2012, extracting 100 BTC from it, currently worth over $10 million. It is reported that the purchase price of the bar at that time was only $500, resulting in a Return on Investment of approximately 2,000,000%. Casascius physical Bitcoins were issued by Mike Caldwell in 2011, embedded with real Bitcoin private keys. Due to regulatory pressure, production stopped in 2013, and they have now become rare collectibles in crypto history. According to
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BTC-4.17%
02:11

A collector purchased a Casascius Bitcoin bar for $500 in 2012 and redeemed it for over $10 million in Bitcoin.

On the Bitcoin Talk forum, a collector named John Galt successfully redeemed over $10 million worth of Bitcoin with a Casascius Bitcoin bar purchased for $500. Casascius Bitcoins are iconic collectibles minted by Mike Caldwell in 2011, embedded with real Bitcoins inside. Although production stopped in 2013, their value continues to rise, with over 10,000 already redeemed.
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BTC-4.17%
11:32

Morgan Stanley: The Federal Reserve's rate cut expectations will drive the S&P 500 index to continue to pump.

Morgan Stanley's chief strategist Mike Wilson stated that the stock market's rise since April has been primarily driven by fundamentals, and he is optimistic for the next 6-12 months. Three key factors support the rise: improved corporate earnings, increased expectations for interest rate cuts, and a decrease in risks. It is expected that the market-wide rise will spread to multiple stocks.
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03:59

US legislators are considering adopting tax-free measures to simplify the daily use of BTC

Gate News bot message, according to UseTheBitcoin report, U.S. lawmakers Senator Cynthia Lummis and former Congressman Mike Rogers are pushing legislation aimed at reducing the tax burden and promoting the daily use of Bitcoin. The legislators behind the recently passed "GENIUS Act" say the legislation is intended to ensure that small BTC transactions are exempt from tax reporting, as they believe this hinders users from using BTC for everyday purposes.
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BTC-4.17%
15:19

Powell rejected the possibility of a rate cut in July

OdailyOdaily Daily News When asked whether The Federal Reserve (FED) is prepared to cut interest rates again at the next meeting in July, Federal Reserve (FED) Chairman Powell refused to answer the question during his congressional testimony. Powell said: 'I don't want to point to a particular meeting. I don't think we need to be in a hurry.' Republican Congressman Mike Lawler pressured Powell on why The Federal Reserve (FED) chooses not to cut interest rates despite cooling inflation, echoing President Trump's criticism of the Federal Reserve (FED) Chairman. (Jin10)
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TRUMP-5.85%
15:17

Powell dismissed the possibility of a rate cut in July

On June 24, when asked whether the Federal Reserve was ready to cut interest rates again at its next meeting in July, Fed Chairman Jerome Powell rejected the question in his testimony before Congress. "I don't want to point to a particular meeting," Powell said. I don't think we need to rush it. Republican Rep. Mike Lawler pressured Powell on why the Fed did not choose to cut rates even as inflation cooled, echoing President Trump's criticism of the Fed chairman.
TRUMP-5.85%
09:30

The U.S. Embassy in Tel Aviv sustained minor damage in the Iranian missile attack.

Jin10 data reported on June 16th that U.S. Ambassador to Israel Mike Huckabee stated on Monday that the U.S. Embassy in Tel Aviv sustained "minor damage" from a nearby Iranian missile attack. Huckabee said the "shock wave" from the nearby explosion caused some damage to the building, but no American personnel were injured. He also stated that the U.S. Embassy in Israel would remain closed on Monday as the "shelter in place" order remains in effect.
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12:02

Bloomberg strategist: Bitcoin/gold may lead the decline, with a possible low in risk assets this year.

Gold Finance reports that Bloomberg's senior commodity strategist Mike McGlone posted on the X platform that Bitcoin/Gold may lead the fall. The nearly unprecedented premium in the U.S. stock market seems to have peaked and is about to return to normal levels, while the equivalent ounce count of gold and Bitcoin may serve as a reference. Since 2008, the S&P 500 total return index has only fallen in two years, and when this happens, it often signifies unfavourable information for crypto assets. A low point for risk assets may occur in 2025.
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BTC-4.17%
07:30

Galaxy founder: If the trend continues, Bitcoin will reach 1 million dollars.

Gate News bot reported that Galaxy Digital founder and CEO Mike Novogratz stated on Thursday that, while it may take a long time, if Bitcoin continues to gain popularity, its price could rise 10 times to reach 1 million dollars. In an interview with CNBC, he said, "The bullish reason is that over time, young people care more about Bitcoin than older people, so gold will gradually be replaced by Bitcoin. If you compare the market capitalization of gold and Bitcoin, you'll find that Bitcoin has a long way to go to reach 10 times, which is 1 million dollars for Bitcoin to reach the level of gold."
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11:34

Bloomberg strategist: The annual volatility of Bitcoin against gold hit a new low in early June.

Odaily News Mike McGlone, a senior commodity strategist at Bloomberg, stated in a post on the X platform that whether Bitcoin will continue to pump is approaching a "key test." At the beginning of June, the annual volatility of Bitcoin against gold reached a new low, indicating that the market has matured, but it may also mean that the best appreciation cycle for crypto assets is about to end.
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BTC-4.17%
03:49

Bitwise CEO: Once Bitcoin reaches $130,000, the sell pressure will disappear.

Gate News bot, Bitwise CEO Hunter Horsley said that once Bitcoin breaks through the $130,000 mark, the selling pressure will disappear. "I don't think anyone will sell their bitcoin once it breaks $130,000 to $150,000," Horsley said in an X post on Wednesday. "Galaxy Digital founder Mike Novogratz recently said that the Bitcoin price range could reach this level this year, citing strong institutional flows and growing demand for digital assets. According to Horsley, the current selling pressure is mainly from early buyers, who bought bitcoin well below the market price and are now choosing to take profits near the psychologically important level of around $100,000. However, he believes that this situation will not last long, and "the momentum will gradually wane once Bitcoin breaks through new levels." ”
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00:26

F Street launches a million-dollar Bitcoin allocation plan

According to Gate News bot, Bitcoin Magazine reports that alternative investment and private credit institution F Street has officially announced the implementation of a Bitcoin asset allocation plan, setting a holding target of $10 million worth of Bitcoin. The institution has started to use business profits and financial funds to make daily Bitcoin purchases since June 9. Mike Doney, COO of F Street, emphasized: "Bitcoin has advantages in hedging against inflation and the depreciation of the dollar, and incorporating it into the company's finances is an important strategy to protect investors' interests."
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BTC-4.17%
15:07

Chairman of the House Republican Conference: Hope the Senate makes slight modifications to the bill.

On June 10, Jin10 reported that House Republican Conference Chair Mike McCarthy stated, "I hope the Senate doesn't make too many changes to the bill. As I've said before, we see this situation in the House, where everyone wants something different, and everyone wants more cuts, but ultimately we have to get the bill passed. I think the Senate will make slight modifications... but they can't make major changes, or it won't pass in the House."
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14:04

Galaxy and Fireblocks will run nodes on the Bitcoin Layer 2 network Botanix.

PANews reported on June 5 that, according to Coindesk, 16 institutions, including Galaxy, a digital asset financial services company under Mike Novogratz, and Fireblocks, a crypto custodian, will become node operators of Botanix, a Bitcoin Layer2 network. These carriers are ready for onboarding and will be operational when the Botanix mainnet goes live later in the quarter. Botanix Labs aims to ensure the decentralized nature of the network from the very beginning by forming a consortium of nodes made up of multiple entities. In the future, the network plans to transition to a dynamic federation model, which will eventually enable any user in the world to run a Botanix node. Other institutions joining the alliance include blockchain development platform Alchemy, Bitcoin mining pool Antpool, and hedge fund UTXO
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BTC-4.17%
01:08

The U.S. government has proposed its first spending cut plan, seeking to reclaim $9.4 billion.

Gate News bot Message, on June 3 local time, the White House submitted a request to Congress to retract the approved $9.4 billion in spending, most of which was allocated for foreign aid. U.S. House Speaker Mike Johnson stated that he has officially received the White House's request to retract $9.4 billion in wasteful foreign aid expenditures to agencies such as the U.S. Agency for International Development and the U.S. Public Broadcasting Service. Mike Johnson said that the House will act swiftly.
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21:56

The US government has proposed its first spending cut plan, requesting to retrieve 9.4 billion dollars.

Jin10 data reports on June 4th that on June 3rd local time, the U.S. White House submitted a request to Congress to retract $9.4 billion in approved spending, most of which is for foreign aid. U.S. House Speaker Mike Johnson stated that he has officially received the White House's request to retract $9.4 billion in wasteful foreign aid spending for the U.S. Agency for International Development, the Corporation for Public Broadcasting, and others. Mike Johnson said the House will act swiftly. It is reported that after the proposal is submitted, Congress will have 45 days to process it.
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11:30

Bloomberg strategist: BTC may outperform US Treasury yields, but market predictions have reached recent highs.

According to a report by Jinse Finance, Bloomberg senior commodity strategist Mike McGlone stated in a post on the X platform that Bitcoin may lead U.S. Treasury yields. Previously, it reached a record closing price of $111,000 on May 22, sometimes referred to by the market as "the fastest horse in the financial race." However, according to Bloomberg's economic model analysis, market predictions have reached a recent high, and there may be a certain degree of dumping in the future.
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17:00

House Speaker Johnson warns the Senate not to make significant changes to Trump's "Big and Beautiful" bill.

Golden Finance reports that U.S. House Speaker Mike Johnson is pressuring the Senate to make as few changes as possible to the large spending and tax cut plan passed by the House last week in order to advance President Donald Trump's agenda. He warned that if senators make significant modifications, it could send the bill back to a version that cannot pass the House again. Johnson stated in an interview: "We have reached a very delicate balance here, a delicate equilibrium that took a long time to achieve, and it’s best not to interfere too much."
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11:32

Bloomberg analysts: The prices of gold and silver reaching new highs indicate that risky assets may face a lose-lose situation.

BlockBeats News: On May 21, Mike McGlone, senior commodity strategist at Bloomberg Industry Research, said that the gold-silver ratio usually peaks when the Federal Reserve ends its easing policy - the gold-silver ratio of 100 times on May 20 is approaching its all-time high quarterly close (it reached 113 times in the first quarter of 2020). Unlike previous peaks, the key element of Fed easing is now missing, which could signal a lose-lose situation for risk assets. The current gold-to-silver ratio (around 100x) is of limited predictability for the economy – if the gold-silver ratio of 100x on 20 May is still above 91.5x at the close of 2025, it will be the highest year-end ratio on record, which usually bodes well for an unfavourable global economic outlook. It was during the 1990-91 and 2020 U.S. recessions
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12:07

Galaxy CEO: The next phase price of Bitcoin may be between $130,000 and $150,000.

Odaily News Galaxy CEO Mike Novogratz stated in an interview with CNBC that given the market capitalization of gold assets is around $22 trillion, while Bitcoin's market capitalization is only $2 trillion, the price of Bitcoin in the next stage may range from $130,000 to $150,000. From this perspective, it is still in the price discovery phase.
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12:48

Bloomberg Analyst: Bitcoin Shows Signs of Peaking, Systemic Risks Rising

Jinse Finance reports that Bloomberg senior commodity strategist Mike McGlone stated on the X platform that Bitcoin is showing signs of peaking, with its correlation to U.S. stocks increasing, and it is converging towards the S&P 500 index (Bitcoin's 16-quarter Beta value is about 3 times that of the S&P 500, while it is about 1 time compared to gold). The excessive growth of the latter should have normalized long ago and may continue to provide Favourable Information for gold. Through the analysis of Bitcoin's four-year Halving cycle, it is observed that the systemic risk of Bitcoin is currently rising, while that of gold is the opposite.
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BTC-4.17%
03:23

Viewpoint: The easing of tariff pressures opens up space for the Federal Reserve to cut interest rates, and the risk of economic recession has "significantly dropped".

BlockBeats 消息,5 月 13 日,Morgan Stanley Chief T投资官威尔逊(Mike Wilson)认为,此前由特朗普引发的历史性抛售已告终结。 他reaf 标浦 500 指数年底将站上 6500 点的预测(较当前有 12% 涨幅),并指出关税压力减轻为美联储降息打开空间,这将直接利好stock 等风险资产。 "If 关税威胁减weak, Mei Nie Estate can rebalance the mission of 双重mission." 虽然增长前景稍显乐观,但策略天平可能更倾向刺激经济而不是抑制通胀." 他特别强调,随着US dollar weakening and Sino-US judgment 推进,经济衰退风险已"显有降低,企业策略预期随之改善:"从评级调整角度角度看,下半年表现很可能超预期,毕成新实中进,滏济衰退风险已已, (Golden Ten)
TRUMP-5.85%
17:37

The Missouri House of Representatives passed Bill 594, which aims to completely eliminate the Capital Gains Tax.

According to the Gate.io News bot, Cointelegraph reports that the Missouri House of Representatives has passed Bill 594, which has now been submitted to Governor Mike Kehoe for approval. Attorney Aaron Brogan pointed out that because the distinction between Capital Gains Tax and income tax in Missouri's tax law is unclear, once this bill goes into effect, taxpayers' capital gains income will receive a 100% income tax exemption. If this bill is ultimately passed, Missouri will become the first state in the United States to eliminate the Capital Gains Tax.
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12:05

Galaxy Digital announced plans to list on NASDAQ on May 16.

Gate.io News bot message, the CEO of digital asset company Galaxy Digital, Mike Novogratz, recently announced that the company is set to go public on the Nasdaq stock exchange on May 16. The listing plan is subject to approval at a special shareholders' meeting scheduled for May 9. Source: Wu Says
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23:26

Trump signs resolution to abolish encryption tax rules

According to the Gate.io News bot, TheBlock reported that US President Trump signed a resolution to abolish encryption tax rules. This rule was established by the Biden administration at the end of its term, stipulating that "accomplice brokers" must collect and report user transaction data to the IRS, while also distributing 1099 forms to users for reporting non-employment income. This repeal resolution was introduced by Republican members Ted Cruz and Mike Carey and has been passed by both houses of Congress. The U.S. Department of the Treasury previously made it clear that the rule applies to front-end service providers that interact directly with users and operate access to the main websites of decentralized protocols, rather than the protocols themselves.
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17:40

The U.S. Senate voted to confirm Mike Huckabee as the U.S. Ambassador to Israel.

Jin10 reported on April 10 that on April 9 local time, the U.S. Senate confirmed Mike Huckabee as the U.S. Ambassador to Israel with a vote of 53 in favor and 46 against. Huckabee served as the Governor of Arkansas for 11 consecutive years starting in July 1996, making him the longest-serving Republican governor in the state's history. He ran for president twice in 2007 and 2015 but withdrew during the Republican primaries each time. Huckabee is a staunch supporter of Israel, endorsing its claims to the West Bank and opposing the establishment of a Palestinian state.
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00:26

Bloomberg analyst: Bitcoin may fall to $10,000, the market needs to undergo a complete "reset"

Bitcoin may fall significantly to $10,000 due to global market dumping and high valuations, noted Bloomberg senior strategist Mike McGlone, who pointed out that encryption assets are in a bubble and need to be purified. He warned that Bitcoin, the "digital gold," is under pressure testing, and ETF investors should prepare for a market reset, expecting a long-term recovery rather than a quick rebound. (Cointelegraph)
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07:28

Bloomberg analyst McGlone: ETH price movement is highly correlated with risk assets.

According to the Gate.io News bot, as reported by Wu, Bloomberg commodity strategist Mike McGlone pointed out that ETH shows a significant correlation with risk assets. In the current market environment, the price of ETH has reached the $2000 mark, and this price point has become an important reference for observing the trends of risk assets. McGlone further analyzed that with the performance of the US stock market, the ETH price may fall to the $1000 level later this year. At the same time, he emphasized that the price trend of Bitcoin has a significant impact on other cryptocurrencies, especially causing considerable volatility in the price performance of leading altcoins.
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