Are you ready for a groundbreaking development that could reshape the intersection of healthcare and digital finance? Imagine a publicly traded company that not only provides essential healthcare services but also holds a substantial treasury of Bitcoin. This isn’t a futuristic dream; it’s becoming a reality. The recent definitive merger statement filed by KindlyMD and
US-based investment bank Piper Sandler warned that Bitcoin could retreat in the coming weeks due to its high correlation with stock markets, despite its strong performance in recent months. Michael Kantrowitz, chief investment strategist at Piper Sandler, warned in an investment note published Tuesday that profits should be taken from stocks that have risen the
On Monday, Michael Saylor announced the IPO of his fourth series of preferred shares offering perpetual yield, Stretch (STRC). With its debut, Saylor claims that he’s “building out the yield curve for BTC credit” and has published the world’s first curvature of bitcoin (BTC) credit for the world to behold. As founder of the world’s
DigitalX has ramped up its Bitcoin holdings with the acquisition of 74.7 BTC, worth approximately US$8.8 million at the time of purchase, it said on Tuesday. The move increases Australia’s sole ASX-listed crypto fund manager’s total Bitcoin position to 499.8 BTC, valued at roughly $91.3 million. That includes 306.8 BTC, which is held directly, while
Bitcoin’s price remains in a zone where it is seeing little upward momentum as it continues to hover below its recent all-time high. After reaching above $123,000 earlier this month, the asset has pulled back slightly, trading at $119,343 at the time of writing. This represents a 2% gain over the past week but still
Since hitting its all-time high (ATH) over a week ago, bitcoin has been consolidating. Analysts at the crypto exchange Bitfinex say the asset’s structural strength remains intact; however, the bull market is entering a more delicate and reactive phase. According to the weekly Bitfinex Alpha report, the market is seeing a natural rotation between bitcoin
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Mistral AI recently offered a rare benchmark in the Artificial Intelligence
As Bitcoin (BTC) consolidates near the $119,000 mark following a new all-time high (ATH) above $123,000 last week, several on-chain indicators are presenting a mixed picture regarding the cryptocurrency’s next major move. Bitcoin On-Chain Data Shows Mixed Outlook According to a CryptoQuant Quicktake post by contributor Chairman Lee, BTC exchange reserves have risen noticeably since
Bitcoin’s monster rally could be heading straight into a wall. That’s the warning coming from Piper Sandler this week, as chief investment strategist Michael Kantrowitz told investors to start locking in gains. In a note published Tuesday, Michael said the firm is advising clients to take profits on positions that have surged the most since