Bitcoin investors may be entering their toughest period of the year. Historically, August and September are among the weakest performing months for Bitcoin (BTC). Prices have fallen in these two months in 8 of the last 12 years, implying a probability of decline of approximately 67%. Data shows that Bitcoin generally performs poorly in the
US President Donald Trump announced that he has ordered the deployment of two nuclear submarines near Russia following escalating tensions. This move is being seen as a response to harsh statements by former Russian President Dmitry Medvedev. Trump shared the following on Truth Social: “Just in case these foolish and inflammatory statements are not just
Coinbase (NASDAQ: COIN) reported a sharp drop in quarterly profit on Thursday, July 31, that sent shares tumbling, with the crypto exchange posting adjusted net income of $33 million, or 12 cents per share, compared to $294 million, or $1.10 per share, in the same quarter last year. Shares were trading at $320.93, down 15.04%
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. The 13-year-old design software company Figma IPO’d on the NYSE yesterday. As I write this edition, Figma’s stock is trading at $115. That’s a ~250% pop from its $33 opening price — above Circle’s June IPO pop of 168%, and far above
DeepBook AI, a cutting-edge crypto browser, has announced its new partnership with CDARI, a BNB Chain-based on-chain marketplace. The collaboration focuses on merging the broader Web3 utility and a seamless consumer experience to redefine the commerce ecosystem. As the platform revealed in its official social media announcement, the development focuses on revolutionizing user interaction with
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. When it comes to Bitcoin mantras, “not your keys, not your coins” is as pure as it gets. But there are levels to it. Sure, you might be self-custodying, but you might still be required to trust a wallet explorer, for
Artificial intelligence giant OpenAI has received a new investment of $8.3 billion, thanks to its rapidly growing business volume. Following the development, volatility increased in the price of CEO Sam Altman-linked altcoin World (WLD). The funding round, part of the company’s total $40 billion investment round, closed earlier than expected and was five times oversubscribed,
The world’s flagship cryptocurrency, Bitcoin, is currently trading at $150,160, having partially recovered from its recent losses. Since Tuesday, BTC was down 3.3%, but by now, it has increased by 0.5%, reaching the aforementioned price level. On July 25, Bitcoin changed hands near the $120,000 level. Since then, BTC is down approximately 4%. Bitcoin’s 200
During a Friday appearance on CNBC’s “Squawk Box,” former MicroStrategy CEO Michael Saylor stressed that Strategy (formerly MicroStrategy) would not want to own all of Bitcoin. “We want everybody else to have their piece,” Saylor added. At the same time, he opined that owning 3-7% of the entire Bitcoin supply would not be considered to