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Search results for January

Crypto

Michael Saylor says \'it needs another color\' as Strategy hints at resuming bitcoin buying

Strategy has not added to its bitcoin holdings for 4 straight weeks, but Chairman Michael Saylor posted a chart of the company’s purchase history and wrote, “It needs another color,” drawing market attention. The firm has disclosed no additional buys in 4 SEC filings since late June. Its latest purchase was 520 BTC in mid-June. Recent filings also highlighted fundraising through MSTR share sales and a larger dollar reserve.

Crypto

XRP echoes 2017 pattern ahead of 66,000 percent surge, with $0.82 support in focus

An analysis said XRP is again showing a symmetrical triangle pattern similar to the one seen ahead of its 2017 to 2018 surge. The key question is whether the current decline signals a breakdown of the long-term bullish structure or a typical pullback after a breakout. XRP previously rallied more than 66,000 percent after breaking above resistance in 2017. Market attention is now on the $0.70 to $0.83 zone, especially $0.82.

Industry

Musk says Tesla to open-source Model S and X; doubts raised on scope after Roadster precedent

Tesla CEO Elon Musk said the company would open-source the Model S and Model X, but questions are being raised over how much will actually be released, citing the earlier disclosure of the original Roadster. Only a small set of files and documents was published, with key design and firmware materials omitted. Licensing terms also drew criticism for lacking standard open-source permissions. Industry watchers are focused on whether a similar approach will be repeated for Model S and X.