CoW Protocol narxCOW

Michael Saylor, the Bitcoin boss at MicroStrategy, is no stranger to controversy, but now he’s catching some major shade from traditional economists and stock market analysts. They’re out here saying he’s pushing his “MicroStrategy cash cow” way past its limits. Basically, they think he’s squeezing every last drop out of the company to fuel his Bitcoin addiction. For those who haven’t been following, MicroStrategy has essentially transformed into a Bitcoin holding company under Saylor’s leadership. The dude has gone all-in, spending billions to buy BTC and turning the company’s balance sheet into a crypto treasure chest. While Bitcoiners cheer him on as a pioneer, some old-school finance folks aren’t impressed. Critics are saying Saylor is risking it all, company resources, shareholder value, and even his reputation on what they see as a volatile and speculative asset. They’re accusing him of using MicroStrategy’s success in software as a cover to bankroll his Bitcoin obsession. To them, this isn’t innovation; it’s reckless behavior. But let’s be real, Saylor isn’t exactly sweating the hate. He’s been laser-focused on Bitcoin’s long-term potential, and so far, his bold moves have delivered solid returns. For him, this is a marathon, not a sprint. Sure, the critics are loud, but Saylor’s playing the long game, betting that Bitcoin’s value will prove him right in the end. Like him or not you can’t deny Saylor’s shaking things up in both the corporate world and the crypto space. And honestly? It’s kind of entertaining to watch it all unfold.

What happened in Crypto in the last 12h: - $BTC New ATH, $SOL Touches ATH - Trump's Crypto Council Expected to Build $BTC Reserve - Citron's Microstrategy Short Report - Gary Gensler Will Resign on Jan 20 - FTX Refunds Begin Mar 2025 - Schwab Plans to Enter Spot Crypto Market - $SOL Spot ETF Launch Discussions - $JTO New TipRouter Proposal - Coinbase Listing $COW-Perp - Wintermute Transfers 1.5% of $WEN Supply • $BTC $SOL - Bitcoin made a new ATH nearing 99k. $SOL touched its previous ATH of $260. • Reuters reports that Trump's proposed cryptocurrency advisory council could set up a U.S. Bitcoin reserve. • Citron released a report stating that MicroStrategy stock is overvalued. It noted that it is bullish on $BTC itself, but hedges $MSTR with a short position. • SEC Chairman Gary Gensler announces that he will officially step down on January 20, 2025. Since the announcement, $XRP has risen slightly. • FTX has announced that it will begin reimbursing users by March. Following the news, $FTT jumped about 40%. • Charles Schwab, the $7T asset manager, plans to offer cryptocurrency investments directly to its clients, new CEO Rick Wurster told Yahoo Finance. • $SOL - Discussions between the SEC and issuers looking to launch a $SOL Spot ETF are ongoing, and the SEC is currently working on an S-1 application. • $JTO - A New Tiprouter proposal has been published that adds profits for JTO stakers. If this proposal passes, the Jito Treasury fee for Jito tips will be reduced by 15bps (from 2.85% to 2.7%). This fee will be redirected to Jito stakers via the Jito Tip Router. • $COW - Coinbase Int. has announced the $COW-PERP market, which will begin on Nov 26, after 9:30AM UTC. • $WEN - Wintermute received 1.5% of the $WEN supply (approximately 11B $WEN).

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