‼️Weekly News:
💸 Cryptocurrencies
✔️ BlackRock released a report on Bitcoin, calling it a unique diversification tool. The narrative that BTC is the gold of the 21st century is already gaining traction online.
✔️ MicroStrategy bought another 7,420 BTC for $458 million, bringing the company's total holdings to 252,220 BTC.
✔️ Hamster Kombat completed its snapshot and decided to exclude anyone it deemed a cheater from the drop. The hamster chats are exploding with demands to remove the cheater achievement.
✔️ This week, Binance confirmed the launch of its own "tappable" Moonbix. The exchange has decided to jump onto a train hurtling into the abyss 🟠
💵 Finance
✔️ The Federal Reserve cut the rate by 0.5% to 4.75-5%, not even afraid to scare the markets with the possibility of a recession.
✔️ Oil returned to $74 due to explosions in Lebanon involving pagers, radios, and rockets fired from Israel.
✔️ Gold, S&P 500, and Dow Jones hit new highs, completely ignoring the escalating situation in the Middle East ⚔️
✔️ Microsoft plans a $60 billion buyback and is raising dividends by 10%. While everyone was buying big tech stocks amid the AI hype, companies carefully set the trend with strategic buybacks.
