Bitcoin BTC$81,002.49 transparency was once considered one of its greatest assets. Today, says Ray Dalio, that may be the very reason why central banks won’t adopt it as a reserve asset, even though corporations and institutional investors have embraced it. The billionaire hedge fund manager, who is also a Bitcoin investor, said on X that […]
Ray Dalio explains why central banks won’t touch BTC Read More »
XRP continues to enter the same resistance zone that has rejected rallies since February, but the way it trades is starting to change. Price is no longer sold immediately after hitting the range. Instead, XRP holds near highs, which usually matters more than the initial breakout itself. News context • Ripple Prime secured a $200
What’s next for XRP as associated company Ripple secures $200 million in funding Read More »
Legislation that could fully insert the U.S. crypto industry into the regulated financial system has emerged in its latest form, with the Senate Banking Committee unveiling the text of the Market Structure bill just after midnight on Tuesday, ahead of this week’s hearing expected to advance the effort. The latest version won’t offer many surprises
Digital Asset Holdings, the company behind the Canton Network blockchain used by several major banks and trading companies, is seeking $300 million from investors including Andreessen Horowitz’s crypto a16z, at a valuation of around $2 billion, according to Bloomberg. The funding round is expected to close in the coming weeks and the amount raised could
Byron Allen, the comedian turned entrepreneur, is buying a majority stake in BuzzFeed, the digital media company pioneering Internet virality. Allen Family Digital, a company associated with Mr. Allen, will pay $120 million for a 52 percent stake in BuzzFeed, the companies announced Monday. Mr. Allen will become chief executive and chairman of BuzzFeed, replacing
Byron Allen buys majority stake in BuzzFeed Read More »
The cryptocurrency market started the week in a volatile atmosphere, with bitcoin BTC$81,787.23 rising from $80,670 at 23:00 UTC on Sunday before peaking at $82,400 an hour later. The price then fell to trade in a fairly tight range, just below $81,000. The move coincided with the weekly opening of Bitcoin futures on the CME
Bitcoin Volatility Returns as CME Gap Trading Collides with Iran Risk Read More »
Two Trump-branded companies aimed at retail buyers both find themselves in a difficult position months after their debut, but for different reasons. About 600,000 buyers have paid a $100 deposit for the gold-colored Trump Mobile T1 phone since its initial announcement, investing about $60 million in a company that hasn’t delivered a single confirmed device
Trump Mobile buyers stuck without phones as TRUMP token sits 97% below peak Read More »
Disclosure: The author of this story owns stock in Strategy (MSTR). When Executive Chairman Michael Saylor confirmed during Strategy’s (MSTR) Q1 2026 earnings call on May 6 that the company was prepared to sell bitcoin, it seemed to mark a change for the world’s largest publicly traded cryptocurrency holding company. But the move would not
The strategy has sold bitcoin before to reap tax losses in December 2022 Read More »
When Strategy (MSTR), the largest publicly traded company holding Bitcoin, first floated the idea of selling its Bitcoin stash to fund its dividend obligations during its recent earnings call, it sparked concerns among investors and the crypto community. However, Executive Chairman Michael Saylor spoke with CoinDesk Senior Analyst James Van Straten at Consensus in Miami
Strategist Michael Saylor Says Selling Bitcoin to Fund Dividends Is “Inconsequential” Read More »
Circle’s upcoming Arc blockchain (CRCL) and its $222 million token presale raise a broader question for crypto investors: Should Circle still be valued primarily as a stablecoin issuer or as an infrastructure company building the rails of digital finance? Alongside its quarterly results this week, the company announced a major fundraising round for Arc ahead
