Michael Saylor, founder of Strategy, outlined a vision for a bitcoin-backed financial system potentially worth $100 trillion at ParaFi Investor Day 2026. He highlighted bitcoin's scarcity and the role of artificial intelligence in boosting demand for assets that cannot be replicated by robots. Saylor emphasized the growth of bank lending and tokenized securities as key drivers for bitcoin-backed credit expansion. Strategy currently holds over 848,000 BTC and aims to support daily dividends through its bitcoin-backed preferred stock, STRC, which now pays 12%. Saylor believes this system could scale rapidly, transforming bitcoin from digital capital into the foundation of a new credit economy, although institutional adoption and market proof remain challenges.
Michael Saylor's bitcoin vision is the story's subject, with Pluang market data providing context. As of Oct 18, 2026 21:21 WIB, only 4 of 50 major cryptocurrencies rose while 43 fell. Notable movers include COTI at Rp191 (-4.07%, 42% Sell / 58% Buy, 121 days hold), AXS at Rp17.958 (-4.05%, 35% Sell / 65% Buy, 62 days hold), and ENJ at Rp490 (-3.94%, 81% Sell / 19% Buy, 105 days hold).
American Airlines CEO Robert Isom has sold 335,000 shares of the company, generating $4.3 million from the transaction. This sale could indicate a personal financial decision or a strategic move by the CEO, which investors might watch closely for any...
The ALCX cryptocurrency token experienced a sharp decline, falling 10.55% within one hour to $2.12 on October 18, extending its 24-hour drop to 14.18%. Earlier in the day, ALCX had reached $2.51 but then steadily decreased while most other altcoins t...
Ether (ETH) fell by 1.21% within one hour on October 18, reaching $2,386 on Binance's ETH/USDT spot market, down $30 from the previous hour. Over the past 24 hours, ETH declined 1.61%. During the same hour, liquidations on Binance, Bybit, and OKX tot...
Wells Fargo reported mixed third-quarter results with earnings per share beating estimates but revenue falling short. The bank's net interest margin remained steady at 2.43%, supported by rising asset and borrowing yields, leading to a $200 million i...
Hackers are moving stolen cryptocurrency funds from recent attacks, including Ledger and Bitget exploits, into Zcash shielded pools to hide their tracks. This trend highlights Zcash's growing use as a privacy tool for laundering, similar to Monero, w...
