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Happy Monday, Zingernation! Peter Schiff is never shy to criticize Bitcoin. But he now admitted he’d be willing to change his mind under one condition…

Today, we look at why this Bitcoin week is “incredibly important,” how MicroStrategy has outperformed every S&P 500 company since 2020 and more.

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MARKET SNAPSHOT

TOP STORY

This Bitcoin Week Is 'Incredibly Important To Watch,' Analyst Says: Why A 2019 Déja-Vu May Be On The Cards

Bitcoin’s 2024 market resembles the 2019 market: an early uptrend and then a long consolidation period.

Julian Bittel of Global Macro Investor is the latest analyst to claim that.

Why does it matter?

Because when Bitcoin’s 2019 consolidation period resolved, it resulted in a significant move.

And the same could happen in 2024.

Up or down?

Read the full scoop here.

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QUICK N DIRTY

Bitcoin ETFs did not have a good time last week. No other way to describe over $600M in net outflows. But Ethereum ETFs did not fare much better…

Peter Schiff, famously critical of Bitcoin, said he’s willing to change his mind on it. But only under one, very curious condition…

Pepe, Brett outperformed Shiba Inu and Dogecoin. At least in the last 24 to 36 hours. This factor may have contributed to it…

FINTECH FOCUS

MicroStrategy's Bitcoin Strategy Has Outperformed Every S&P 500 Company And Even Nvidia Since 2020, Says Michael Saylor

The best company to buy since 2020 was not Microsoft, not Apple and not even Nvidia…

It was MicroStrategy.

Michael Saylor went on CNBC today to explain how his company achieved this remarkable feat.

Read the full scoop here.

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