A Qatari-backed fund has made a $47-per-share offer to acquire Papa John’s and take the company private, The Wall Street Journal reported Wednesday, citing people familiar with the bid. Papa John’s, which runs 6,000 locations across roughly 50 countries, has seen its shares fall 16% over the past year, but stock prices jumped around 20%
Mastercard just assembled what amounts to a crypto Avengers team. The payments giant has launched a Crypto Partner Program that brings together more than 85 digital asset companies, all aimed at building infrastructure for cross-border transfers, business-to-business payments, and global payouts. The move is Mastercard’s most aggressive step yet into the digital asset ecosystem, and
Vivek Ramaswamy-backed Strive has moved ahead of Elon Musk’s Tesla in Bitcoin holdings after adding 179 Bitcoin to its treasury. Source: BitcoinTreasuries.NET According to a Wednesday announcement, Strive now holds roughly 13,311 Bitcoin valued at nearly $940 million. Tesla, by comparison, has kept its holdings steady at 11,509 $BTC since late 2024. The new total
Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall below that level, an outlook several market analysts said would require an extreme macroeconomic shock. In an interview with EllioTrades, McGlone said the crypto bear market may not be over and
Bitcoin’s return above the $70,000 level, as the leading asset in the cryptocurrency market, has brought about a significant shift in investor sentiment. According to data shared by market analysis platform Santiment, the price recovery has led to a resurgence of optimism based on the fear of missing out, known as “FOMO” on social media.
Welcome to our institutional newsletter, Crypto Long & Short. This week: Sylvia To on AI agents choosing denationalized money Top headlines institutions should pay attention to by Francisco Rodrigues Kamino hits $90M in OnRe liquidity while $KMNO drops 16% in Chart of the Week Thanks for joining us! -Alexandra Levis Expert Insights Hayek predicted it,
Bitcoin price has jumped by 16% from its lowest point this year, and is hovering at the crucial resistance at $70,000. This recovery may continue in the near term amid robust ETF inflows and falling core inflation. Summary Bitcoin price remained above the key resistance level at $70k. Data shows that the US core inflation
Network News ETHEREUM FOUNDATION STARTS EXPERIMENTING WITH DVT-LITE TECH: The Ethereum Foundation is testing a method for running validators that could make it significantly easier for institutions holding large amounts of ether to set up staking infrastructure, widening the pool of participants and creating a more decentralized network. In a post on X, blockchain co-founder
After retreating back to the $69,000 area during early U.S. morning hours Wednesday, bitcoin BTC$69,593.87 has quickly spiked to nearly $71,000. Other crypto assets, including ether (ETH), solana (SOL) and XRP, saw the same sharp moves higher. The gains appeared to come as crude oil quickly reversed most of its session’s large gains, dropping $3