Outlook for This Week in the Nation’s Capital
Congress. The House is in a committee work period this week, though the Senate returns today and will resume consideration of Senate Majority Leader Chuck Schumer’s (D-NY) U.S. Innovation and Competition Act (S. 1260), a broadened bill that includes the Endless Frontier Act and that aims to address the United States’ future competitiveness and economic needs. Hearings for this week include Senate Banking and House Financial Services hearings with the heads of the country’s largest banks, a House Armed Services hearing on national security space programs, a House Energy and Commerce hearing on drinking water legislation, a House Agriculture hearing on nutrition support after the pandemic, a House Science hearing on the science and energy research enterprise, and a House Veterans’ Affairs hearing on VA infrastructure needs.
MSTR Stock: Why MicroStrategy Is Tumbling Again Today A selloff in Bitcoin highlights MSTR s bad timing of a treasury asset crypto purchase May 19, 2021, 9:38 am EDT May 19, 2021
MicroStrategy (NASDAQ:
Bitcoin (CCC:
BTC-USD) purchase yesterday is worth 20% less this morning. MSTR stock is down 14% in pre-market trading.
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For those unfamiliar with MicroStrategy, it is a business intelligence company, but as recently as Feb. 8, it also held more than $3 billion in Bitcoin on its balance sheet. Back in November,
Citron Research named it the best way to play BTC-USD. Since then, MSTR stock was up more than 180%.
MicroStrategy uses Bitcoin has its primary treasury asset. The purchase disclosed on Tuesday includes 229 bitcoins bought at an average price of $43,663 a piece. Those brought its holdings to more than 92,000 bitcoins. However, crypto carnage has hit this morning, driving BTC-USD below $40,000 for the first time
Wells Fargo discloses additional investigation by federal consumer watchdog group journalnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalnow.com Daily Mail and Mail on Sunday newspapers.
DeFi Technologies Announces Ticker Symbol Change from RDNAF to DEFTF on OTC Markets Effective April 23, 2021
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DeFi Technologies ) (NEO: DEFI) (GR: RMJR) (OTC: DEFTF), a company that builds and manages assets in the decentralized finance sector, today announced its ticker symbol on OTC Pink Sheet Markets changed from RDNAF to DEFTF, effective April 23, 2021. Our ticker symbol is now aligned with our brand and our vision of becoming a market leader in the rapidly evolving world of decentralized finance, said Wouter Witvoet, Chief Executive Officer of DeFi Technologies.
The decentralized finance sector has appreciated dramatically since 2020 and has reached a tipping point with institutional investors and large enterprises showing increased interest in the decentralized finance sector. In Q3 2020, the U.S. Office of the Comptroller of the Currency (OCC) published guidance clarifying national banks can provide services to s
DeFi Technologies Announces Ticker Symbol Change from RDNAF to DEFTF on OTC Markets Effective April 23, 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.