NFT News by Thebittimes.Com

Source: A video screenshot, Youtube/Bitcoin Magazine Bitcoin (BTC) bull Michael Saylor’s company MicroStrategy delivered earnings that fell short of expectations on Tuesday, despite relatively stable bitcoin prices during the quarter. According to the earnings report, MicroStrategy’s quarterly result fell short of the market’s expectations, with earnings falling 2.1% for the quarter to a total of $125.4m. The expectation was that MicroStrategy would post quarterly earnings of $127.58. MicroStrategy quarterly earnings. Source: TradingView Despite the disappointing earnings, shares of MicroStrategy rose by 1.09% in after-hours trading on Tuesday to $260. The slight gain followed a loss of 3.85% for the day during regular market hours yesterday. Year-to-date, MicroStrategy shares are now down close to 54%. MicroStrategy stock year-to-date. Source: Google MicroStrategy’s massive holding of bitcoin has put pressure on the firm&rsquo ;s bottom lin...

During the European session, Bitcoin remained bullish, having gained less than 0.5% in the last 24 hours to trade at $20,600. Although October is usually a positive month for Bitcoin, the slow start to the month and continuation into the last week of the month eventually triggered an upward trend. During the Asian session, the cryptocurrency market took a sharp upward swing, and this negative attitude swiftly evaporated. With Wednesday's trade coming to a conclusion, BTC's price had risen above $20,000 for the first time. However, what does rejection at $21,000 imply? Messina Group CEO Bets Porsche Bitcoin Will Return to $60K Jim Messina, CEO of consultancy firm The Messina Group, shared his optimistic outlook on cryptocurrencies and Bitcoin in particular on Wednesday (October 26).  On Fox Business, when Bitcoin was trading at around $20,000, the ex-White House deputy chief of staff discussed cryptocurrencies. Messina made the following comments about dist...