Strategy (MSTR) sold 3,588 bitcoins for approximately $216 million last week, reducing its total holdings to 843,775 BTC, according to an SEC filing Monday. The company said proceeds from bitcoin sales would be used to fund distributions on its preferred shares and replenish the portion of its U.S. dollar reserve used for those payments. As […]
Strategy Reports $8.32 Billion Bitcoin Loss, Sells BTC to Fund Dividends
Strategy Reports $8.32 Billion Bitcoin Loss, Sells BTC to Fund Dividends Read More »
Non-qualified investors will be allowed to trade under testing conditions and within limits capped at around 300,000 rubles (around $3,800) per year, while market participants will have until July 1, 2027 to register on the official register. Russia’s Complicated Crypto History These developments follow years of resistance from the Bank of Russia. In January 2022,
Russia’s largest bank plans to launch crypto wallet as Moscow leads the way to market Read More »
SpaceX (SPCX) is set to officially join Wall Street’s Nasdaq 100 index on July 7 after raising $75 billion in the largest IPO of all time in mid-June. The stock immediately shot up to $225 in the days following the June 12 IPO, only to fall back to $162 last week. Now the big question
SpaceX joins the Nasdaq 100, but history calls for caution Read More »
Professional investors don’t just look at a coin’s price relative to its long-term average to assess whether it is cheap. They use metrics such as the Sharpe ratio to determine position sizes. Imagine two coins: A and B. Coin A has fallen 30% from its recent high, but fairly steadily. Coin B also fell 30%,
Bitcoin’s Sharpe Ratio Falls to Lowest Since 2022. Read More »
Coinbase (COIN) sent users a fake “breaking news” alert stating that the Norwegian soccer team had beaten Brazil 3-2 in a World Cup knockout match before the match even started. The alert states that Erling Haaland scored twice during the match at MetLife Stadium. Coinbase’s own prediction market page still indicated that the game was
Coinbase AI alert draws backlash after pushing World Cup result before kickoff Read More »
As the popularity of nicotine pouches explodes, tobacco companies are investing heavily in factories across the United States and creating new jobs, from Florida to Colorado. Along with vaping products, big tobacco companies have captured the nicotine pouch market to offset the sharp decline in domestic cigarette sales. Sleeve sales are expected to reach more
Zyn’s popularity pushes tobacco companies to profit Read More »
Deribit and SignalPlus Launch Island Trading Competition with Up to 600,000 USDC in Prizes
This week is characterized by macroeconomic reports, which include minutes from last month’s Federal Open Market Committee (FOMC) meeting, as well as economic data that could provide insight into the Federal Reserve’s next actions. Crypto-related stocks are also in the news, with American Bitcoin (ABTC) avoiding a delisting from Nasdaq after a reverse split. Elon
Fed Rate Decision Meeting Minutes, SpaceX (SPCX) Joins Nasdaq 100: Crypto Week Ahead Read More »
But Ethereum now sees as urgent the replacement of every vulnerable quantum coin with a secure quantum alternative, Buterin said, including an overhaul of the cheap data storage that rollups depend on, the Layer 2 networks built on top of Ethereum. Privacy was elevated to what Buterin called a “first-class goal” rather than an afterthought.
Vitalik Buterin calls Lean Ethereum its biggest rebuild since the merger Read More »
