Cardone Capital purchased an additional 282 Bitcoin valued at about $18 million as Bitcoin traded near $63,000 amid geopolitical tensions. The firm funds its Bitcoin acquisitions through rental income from multifamily real estate properties, using a dollar-cost-averaging strategy. Grant Cardone aims to hold 3,000 BTC by 2026 and eventually 10,000 BTC, combining Bitcoin and real estate investments within the same company structure. This strategy offers investors exposure to Bitcoin alongside real estate, with expected annual returns between 22% and 32%.
On June 19, Bitcoin traded between $62,300 and $63,300, closing up 1% just above $63,000 despite volatile intraday swings. The market saw $42.2 million in liquidations as geopolitical tensions in the Middle East affected energy prices, pushing Brent ...
Bitcoin has dropped 19% in the past month due to worsening macroeconomic conditions and hawkish comments from the new Federal Reserve Chair suggesting possible rate hikes. The price recently broke its trend line support and is expected to retest the ...
Money Simpler has introduced an AI-powered quantitative trading platform that allows investors to earn additional returns from holding cryptocurrencies like Bitcoin (BTC) and XRP beyond just price appreciation. The system offers automated trading str...
Crypto markets experienced $298 million in leveraged liquidations, primarily in Bitcoin and Ethereum, alongside $90 million in outflows from U.S. spot Bitcoin ETFs. This reflects a broader trend of risk reduction and deleveraging across major cryptoc...
Macro strategist Michael Gayed dismissed the idea that Shiba Inu (SHIB) could ever hit $1, explaining that its market capitalization would need to surpass the entire global dollar supply to reach that price. Gayed's blunt response highlights the unre...
