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MicroStrategy Posts Q1 Profit, Reaffirms Commitment to Bitcoin Investment Strategy
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
Image source: Shutterstock / Trijo News
Changpeng Zhao, CEO of the crypto exchange Binance, said that a crypto bull market could return before the end of the year.
The trend for cryptocurrencies has been downward since the beginning of 2018. The total value of the crypto market has fallen from $828 billion at the beginning of the year to $220 billion now in September, according to Coinmarketcap.
However, Changpeng Zhao, CEO of the crypto exchange Binance, says that we soon will see increases in prices for the crypto market. In an interview with the site Crypto Globe, the CEO says he expects the market to turn upwards in the months October to December this year. The reason is that these months historically have been good for the crypto market.
Previously, Trijo News has reported about Changpeng Zhao’s long-term view of the crypto market and its ability to reach a total valuation of $200 trillion. The Binance CEO says that he always buys cryptocurrencies to keep them long-term, Crypto Globe writes.
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
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