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Strategy BTC, Bear market?, Bitcoin whale, Biotech tokens

In this episode of the Coinstreet headlines, we dive into the latest headlines shaping the cryptocurrency landscape.

Michael Saylor’s Strategy has made waves by purchasing $357 million worth of bitcoin as prices dipped to $112,000. David Bailey, a bitcoin adviser to President Donald Trump, shares insights on the future of Bitcoin, suggesting that a bear market may be far off, despite some analysts pointing to potential headwinds. A multi-billionaire bitcoin whale is making significant moves by closing ether long positions and investing hundreds of millions into spot ether, indicating a bullish outlook for ethereum. We also explore how small biotech companies are pivoting towards cryptocurrencies, with at least 10 firms announcing their entry into the digital asset space this year.

Jane KiNg with the latest from the NYSE.

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