MicroStrategy (**MSTR**) is making waves with its aggressive investment strategy in **Bitcoin (BTC-USD)**, maintaining its purchasing momentum despite the market's fluctuations. Executive Chairman **Michael Saylor** confidently states, "*we're buying all the time.*"  

In a recent discussion with **Sylvia Jablonski**, CEO & CIO of **Defiance ETFs**, she shared her insights on MicroStrategy's future stock performance. Jablonski praised Saylor, calling him "*the best dollar-cost averager of bitcoin that ever walked this earth.*" This strategic approach is proving to be effective, with **cryptocurrency** still poised for **long-term growth**.  

Jablonski emphasized the public's love for Bitcoin, pointing out that "*People love bitcoin. They love the volatility, they love the leveraged versions of it,*" asserting that MicroStrategy is emerging as an *excellent proxy* for Bitcoin investments.  

For more expert insights and the latest market actions, check out the full episode of **Catalysts** on Yahoo Finance.

MicroStrategy (MSTR) continues its aggressive investment in bitcoin (BTC-USD), regardless of market highs or lows, with executive chairman Michael Saylor telling Yahoo Finance, "we're buying all the time." Defiance ETFs CEO & CIO Sylvia Jablonski joins Catalysts to share her outlook on MicroStrategy's stock moving forward. Jablonski highlights the company's continued profitability, noting that Saylor is "the best dollar-cost averager of bitcoin that ever walked this earth." She notes that this approach is "paying off" for the company, with cryptocurrency still on track for long-term growth. "People love bitcoin. They love the volatility, they love the leveraged versions of it, and MicroStrategy is proving to be an awesome proxy for that," Jablonski tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith

MicroStrategy's Bold Bitcoin Strategy: A Winning Investment?

## China's Digital Yuan Surpasses $1 Trillion in Transactions

In a significant milestone, **China's Digital Yuan** has reached an impressive **$1 trillion** in total transactions, as confirmed by a **People's Bank of China (PBOC)** official. This development underscores the increasing adoption and reliance on digital currencies in the world's second-largest economy.

### Key Insights from the PBOC Announcement
- The Digital Yuan's rapid growth reflects a **strong governmental push** towards digitization in finance.
- With this achievement, China is setting a precedent for other nations contemplating their own **Central Bank Digital Currencies (CBDCs)**.
- The PBOC has indicated that the **Digital Yuan** aims to enhance financial inclusion and streamline transactions across various sectors.
- This vast adoption could pose challenges for the **cryptocurrency market**, as it introduces a state-controlled digital asset that may compete with decentralized cryptocurrencies like Bitcoin.

### Implications for the Global Financial Landscape
- The success of the Digital Yuan could influence other countries to accelerate their own digital currency projects.
- Analysts believe this move might lead to a **shift in global financial power dynamics**, especially as countries assess the efficacy of CBDCs.

As the Digital Yuan continues to gain traction, stakeholders in the cryptocurrency market should closely monitor its impact on the broader economic landscape and the competitive dynamics of digital currencies worldwide.

China's Digital Yuan Hits $1 Trillion: What It Means for Cryptocurrency

# A Review of the Crypto World: Latest Updates

Crypto has emerged as a major political issue in the US with the campaigns for election going on. Head of Firmwide research at Galaxy Digital, **Alex Thorn**, noted that August was a rough month for Bitcoin, with **eight out of the eleven prior Augusts** witnessing declines in its trading price. Political events are also influencing the crypto landscape. 

In Thorn's view, **Trump’s victory** in the upcoming elections could be **bullish** for the crypto market, as he aims to make the US the **‘crypto capital of the planet’**. In contrast, **Kamala Harris’s** victory might be neutral due to her advisors' ties to the Biden administration's crypto policies. 

Looking ahead, September is typically a weak month for crypto, but the subsequent months of **October, November, and December** are historically more positive. Despite anticipated **Fed interest rate cuts**, concerns linger in the market as **JPMorgan**'s Head of Global and European Equity Strategy cast doubt on a potential crypto bull market. 

In a CNBC interview, **Anthony Pompliano**, CEO of Professional Capital Management, discussed recent Bitcoin price movements. Notably, Germany’s government and the **Mt. Gox** exchange have offloaded significant amounts of Bitcoin, impacting supply. With **over 70%** of Bitcoin not moving for more than a year, Pompliano predicts this could drop to **50-55%**, indicating strong long-term holders. He emphasizes that **time** is the only catalyst for Bitcoin, rather than political candidates.

## Intel Corporation (NASDAQ: INTC)

**Number of Hedge Fund Holders:** **75**  
Intel Corporation manufactures and sells computing products globally, and has launched a chip designed for **blockchain applications** such as Bitcoin mining. Despite recent revenue declines, Intel is focusing on cost reduction and maintaining its status as a **world-class semiconductor manufacturer**. 

Currently, Intel ranks **6th** on the list of the best cryptocurrency stocks according to hedge fund interests. As hedge funds show confidence in Intel, it remains to be seen if the company can leverage its technology to capitalize on the growing digital and cryptocurrency markets.

We recently compiled a list of the 20 Best Cryptocurrency Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other cryptocurrency stocks. A Review of the Crypto World: Latest Updates Crypto has emerged as a major political issue in the […]

Why Hedge Funds Are Betting Big on Intel: The Cryptocurrency Connection

### Stand With Crypto's Nationwide Tour

A **big purple bus** emblazoned with "**AMERICA ❤️ CRYPTO**" is traveling through five key swing states to promote cryptocurrency awareness ahead of the upcoming presidential election. The **Stand With Crypto Alliance**, supported by **Coinbase**, is pushing for a crypto-related question to be asked at the **presidential debate** between **Donald Trump** and **Vice President Kamala Harris**.

### The Campaign's Objectives

The campaign, which began last week in **Phoenix** and **Las Vegas**, aims not only to encourage voter registration but also to get candidates to discuss their positions on cryptocurrency. A letter writing petition initiated by the alliance has garnered over **2,000 signatures**, urging ABC News to focus on crypto during the debate. The letter states, "**I am one of the 52 million Americans who own cryptocurrency**... I urge you to ask the candidates their position on cryptocurrency and its place in the American economy."

### Trump vs. Harris on Crypto

While Trump has labeled himself as the **pro-crypto candidate**, promising to fire SEC Chair **Gary Gensler**, Harris's stance on digital assets remains unclear. The **Stand With Crypto Alliance** has graded Trump and his running mate **JD Vance** with an "A" for their crypto support, while Harris and her partner **Tim Walz** received an "N/A" due to their pending stance.

### Voter Engagement and Support

The alliance is hosting **2,500 debate watch parties** nationwide and has registered **104,000 voters** through its platform. The tour will continue to key states, including **Michigan**, **Wisconsin**, and **Pennsylvania**, leading up to the election.

### Bipartisan Support for Crypto

The movement highlights the growing bipartisan support for cryptocurrency legislation, with recent successes in the House. The group emphasizes the need for **sensible regulation** that enables growth in the industry.

### Upcoming Events

The bus tour will culminate in **Washington, D.C.**, on **Sept. 18**, featuring speeches from Coinbase executives and a performance by **The Chainsmokers**.

### The Future of Crypto in Politics

As the election approaches, crypto advocates see this moment as pivotal for the future of the industry. The alliance has also engaged with Harris's team, hinting at the possibility of a forthcoming position statement on cryptocurrency from her campaign. 

**The Stand With Crypto Alliance** remains committed to ensuring that cryptocurrency is a topic of discussion in the political arena, especially as public interest and ownership continue to grow.

Stand With Crypto, an alliance backed by Coinbase, has been traveling the country to promote its key issue and wants it to come up in Tuesday's debate.

Crypto Advocates Rally for Debate Spotlight: Will Trump and Harris Address Cryptocurrency?

### A Review of the Crypto World: Latest Updates  
Crypto has emerged as a **major political issue** in the US amid ongoing election campaigns. According to **Alex Thorn**, Head of Firmwide Research at Galaxy Digital, August has historically been a rough month for Bitcoin, with **8 out of the last 11 years** seeing declines. However, the political landscape is shifting, with many viewing **Trump's potential victory** as bullish for the crypto market. His promise to make the US the **‘crypto capital of the planet’** has raised hopes, while Kamala Harris's support for **expanding the industry** complicates perceptions. Thorn predicts that if Trump wins, crypto could soar, while a Harris victory may lead to a more **neutral outlook** for the industry.  
  
Looking ahead, September is typically weak for crypto, but the following months—**October, November, and December**—are historically bullish. Despite anticipated **Fed interest rate cuts**, concerns linger among investors as JPMorgan dismisses the likelihood of a crypto bull market.  
  
In an interview, **Anthony Pompliano**, CEO of Professional Capital Management, discussed recent Bitcoin price movements and significant events impacting supply, such as the **German government's Bitcoin offloading** and **Mt. Gox's** coin distribution. He emphasizes that over **70% of Bitcoin** has remained untouched for over a year, with expectations of this figure dropping to **50-55%** as prices rise. Pompliano believes time, rather than political candidates, will be the catalyst for Bitcoin's future.  
  
### Coinbase Global, Inc. (NASDAQ: COIN)  
**Number of Hedge Fund Holders:** **45**  
Coinbase offers a comprehensive platform for engaging with cryptocurrency, aiming to improve economic freedom for over **1 billion people**. They support a wide ecosystem with **245,000 partners** across **100 countries**. The firm has seen consistent growth, achieving **positive adjusted EBITDA** for six consecutive quarters. Despite a **27% drop in transaction revenue**, their **subscription and services revenue** hit a record high of **$599 million**, indicating successful diversification.  
  
Coinbase's recent **Smart Wallet** launch simplifies user onboarding, allowing quick access through biometric methods rather than cumbersome passphrases. The company is dedicated to solving customer pain points, positioning itself as a trusted platform in the global crypto landscape.  
  
As of Q2 2024, Coinbase ranks **11th** among the best cryptocurrency stocks held by hedge funds, with **Citadel Investment Group** being the most significant shareholder. While COIN shows promise, other **undervalued AI stocks** may present better returns in the short term.  

![Coinbase Payment Solutions](https://s.yimg.com/ny/api/res/1.2/EWCCkZvvReld7vocNivfKg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUzODtjZj13ZWJw/https://media.zenfs.com/en/insidermonkey.com/12c52118b2b359642da86c5bc5c82c79)  
A shot of someone securely accepting crypto assets as payment, showcasing the company's payment solutions.

We recently compiled a list of the 20 Best Cryptocurrency Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Coinbase Global, Inc. (NASDAQ:COIN) stands against the other cryptocurrency stocks. A Review of the Crypto World: Latest Updates Crypto has emerged as a major political issue in […]

Why Hedge Funds Are Bullish on Coinbase: A Deep Dive into COIN's Potential

### Hamster Kombat Exchange Listings
Hamster Kombat has officially announced that its token, **HMSTR**, will be listed on several major exchanges following its **airdrop**. This much-anticipated event is set to bring significant attention and trading volume to the newly launched token.

### Airdrop Details
The airdrop is part of Hamster Kombat's strategy to engage the community and reward early adopters. Participants can expect to receive **HMSTR tokens** directly into their wallets, incentivizing them to join the ecosystem.

### Major Exchanges Involved
The following exchanges have confirmed their listings for **HMSTR**:
- **Exchange A**
- **Exchange B**
- **Exchange C**

This move is expected to enhance liquidity and accessibility for users interested in trading the token.

### Conclusion
With the airdrop and upcoming exchange listings, **Hamster Kombat** is poised to make a significant impact in the crypto space. Stay tuned for more updates as the launch date approaches!

Exciting News: Hamster Kombat's HMSTR to Launch on Major Exchanges Post-Airdrop!

## A Shocking Revelation in the Crypto World

A **new shockwave** has hit the cryptocurrency market as an **unknown ancient BTC miner** has awakened after more than **10 years of hibernation**. According to a report from Whale Alert, this miner, operating from the address **14CZ9**, recently transferred **19 BTC**—valued at over **$1 million**—to a new address, **bc1qw6**. Interestingly, these coins remain stored at the new address.

### A Journey Through Time

The miner's first transactions date back to **November 28, 2013**, when Bitcoin was trading at just over **$1,000**. Despite the falling prices over the years, this unknown investor continued to accumulate BTC, reaching a total of **19 BTC** by June 2014, equating to just over **$12,500** at that time. Fast forward to today, this same volume is now worth over **$1 million**, yielding an astounding **8,692% profit**—an average return of **870% per year**.

### The Significance of the Transfer

The miner's activity indicates they are indeed a miner, evidenced by the partial transfer of funds to their wallet and the receipt of Bitcoin from a **CoinJoin address**. This protocol combines multiple transactions from different sources, adding a layer of privacy.

### Community Reactions

The awakening of ancient Bitcoin addresses often triggers mixed feelings within the crypto community. The prevailing sentiment is that these dormant wallets typically reactivate to **lock in profits** that have accumulated over the years, often amounting to thousands of percent.

### A Positive Spin?

On a more optimistic note, one could argue that this investor has transferred their BTC to a new **bc1** address, which is considered more **advanced and secure**. This perspective aligns with the notion of **progress** in the crypto space, despite the skepticism surrounding such awakenings.

Early Bitcoin Miner Wakes up With Enormous 8,692% Profit

Ancient Bitcoin Miner Surfaces After 10 Years, Rakes in 8,692% Profit!

### Overview of Crypto Crime Trends
Overall, **crypto crime** may be on the decline, but certain criminals, particularly from **North Korea**, are thriving. Last month, **Chainalysis** released two summaries of its mid-year update on crypto crime, revealing a mixed picture of how blockchain technology is being exploited for illicit activities.

### Key Findings from Chainalysis
- **Crime Activity Decline**: Aggregate illicit activity dropped by **19.6%** year-on-year to **$16.7 billion**. However, this number is expected to rise as more illicit addresses are identified.
- **Ransomware and Hacking Surge**: While overall crime decreased, **ransomware and hacking** incidents increased significantly, with stolen funds rising to **$1.58 billion** in the first half of 2024. This spike is attributed to the rising fiat value of tokens.
- **Centralized Exchanges Targeted**: The largest hack this year, amounting to **$305 million**, occurred at Japan’s **DMM exchange**, indicating a shift from decentralized finance (DeFi) protocols to centralized exchanges as primary targets.

### Ransomware Payments on the Rise
Ransomware payments totaled **$459.8 million** through June, slightly ahead of last year's figures. The increase in individual payments, like the **$75 million** paid to the **Dark Angels group**, reflects a worrying trend in ransomware incidents.

### Other Crypto Crimes
- **Child Exploitation and Scams**: The second summary from Chainalysis highlighted the rise of **child sex abuse material (CSAM)** networks and scams like **‘pig butchering.’**
- **Chinese CSAM Vendors**: There’s been a noticeable rise in Chinese CSAM vendors accepting cryptocurrencies, with inflows hitting **39%** of the global total this spring.

### The Role of Bitcoin ATMs
The **FTC** recently reported that **Bitcoin ATMs** are being used as payment portals for scammers, with losses reaching **$65 million** in the first half of 2024. Seniors are the most vulnerable victims, accounting for two-thirds of these losses.

### North Korea's Cyber Operations
North Korean hackers, particularly the **Lazarus Group**, continue to execute elaborate scams and hacks to fund their regime. The **FBI** has warned of tailored social engineering attacks targeting the crypto industry, employing tactics to deploy malware and steal cryptocurrency.

### Conclusion
Despite the overall decline in crypto crime statistics, the landscape remains complex, with certain actors exploiting weaknesses for substantial gains. The findings from Chainalysis and alerts from the FBI highlight the ongoing challenges in combating crypto crime, particularly from state-sponsored actors like North Korea.

The FTC recently issued a report calling BTC-based ATMs “a payment portal for scammers,” while Chainalysis released two summaries of its most recent crypto crime mid-year update last month.

MicroStrategy's Bold Bitcoin Strategy: A Winning Investment?

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Other Latest News

China's Digital Yuan Hits $1 Trillion: What It Means for Cryptocurrency

Why Hedge Funds Are Betting Big on Intel: The Cryptocurrency Connection

Crypto Advocates Rally for Debate Spotlight: Will Trump and Harris Address Cryptocurrency?

Why Hedge Funds Are Bullish on Coinbase: A Deep Dive into COIN's Potential

Exciting News: Hamster Kombat's HMSTR to Launch on Major Exchanges Post-Airdrop!

Ancient Bitcoin Miner Surfaces After 10 Years, Rakes in 8,692% Profit!

Crypto Crime on the Decline? Not for North Korea's Hackers

Other Latest News

China's Digital Yuan Hits $1 Trillion: What It Means for Cryptocurrency

Why Hedge Funds Are Betting Big on Intel: The Cryptocurrency Connection

Crypto Advocates Rally for Debate Spotlight: Will Trump and Harris Address Cryptocurrency?

Why Hedge Funds Are Bullish on Coinbase: A Deep Dive into COIN's Potential

Exciting News: Hamster Kombat's HMSTR to Launch on Major Exchanges Post-Airdrop!

Ancient Bitcoin Miner Surfaces After 10 Years, Rakes in 8,692% Profit!

Crypto Crime on the Decline? Not for North Korea's Hackers