Investors buy the common stock of Michael Saylor’s bitcoin (BTC) treasury company, Strategy (formerly MicroStrategy), because they have faith in management to produce ‘BTC Yield.’ Unfortunately, that metric has turned negative for the first time in years. Positive for every year since 2020 and every quarter since April 2023, BTC Yield is the increase in
Vanguard pushed a sharp line on Bitcoin after opening its platform to spot ETF trading, saying the firm still sees no long-term case for the coin. The comment came from John Ameriks, the firm’s global head of quantitative equity, who spoke at Bloomberg’s ETFs in Depth event in New York. He said the coin brings
Biggest Bitcoin critic Peter Schiff is not having it after a viral X post recently celebrated Jamie Dimon’s blockchain speech at a live TV session with Fox Business. While the post had speculated that the JP Morgan CEO, who has been a longtime Bitcoin critic, is finally changing his stance and embracing the blockchain technology,
Bitcoin keeps losing ground as every minor rise in price draws quick selling from investors who bought close to its October peak. The largest cryptocurrency slipped 3.6% to $89,502 on Friday during New York hours and has now fallen almost 30% since hitting a record high of $126,000 on October 6. Even with the Federal
Satoshi Nakamoto remains one of the most enduring mysteries in the digital asset world, and 15 years ago today, the inventor published the final entry — the 575th — on bitcointalk.org. As Nakamoto quietly receded from the project in the closing stretch, those last days were spent locked in a two-front effort: strengthening the software
US President Donald Trump said he is beginning to finalize his preference for who will head the Federal Reserve next year. Trump stated that he is choosing between former Federal Reserve Board member Kevin Warsh and National Economic Council Director Kevin Hassett for the Fed chairmanship. Speaking to the Wall Street Journal in the Oval
A growing rift has emerged in Washington, D.C., between the cryptocurrency industry and labor unions as lawmakers debate whether to ease rules allowing cryptocurrencies in 401(k) retirement accounts. The dispute centers on proposed market structure legislation that would allow retirement accounts to gain exposure to crypto, a move labor groups say could expose workers to