Strategy Inc., which trades under the ticker symbol MSTR, saw its stock price plunge to its lowest level since April. Summary The MSTR stock price has crashed to its lowest level since April. It has plunged by over 45% from its year-high. There are signs that the Digital Asset Treasury (DAT) bubble has burst. Strategy,
Key Takeaways Fed Governor Stephen Miran views a December interest rate cut as the reasonable path forward. Miran warns that tight policy may increase the risk of an economic downturn, advocating for rate adjustments. Federal Reserve Governor Stephen Miran indicated on November 5 that, based on current conditions, he would support an interest rate cut
American businessman and author Robert Kiyosaki, who is best known for penning the ‘Rich Dad Poor Dad’ bestseller, has once again taken to the X social media network to encourage his followers to buy Bitcoin (BTC) and Ethereum (ETH). Kiyosaki claims that these two cryptocurrencies are “people’s money.” America is becoming ‘Marxist’ Kiyosaki’s latest social
In his economic statements today, US President Donald Trump both harshly criticized Fed Chairman Jerome Powell and gave striking messages about the country’s cryptocurrency policies. Trump, using the phrase “Fed Chair Powell is an idiot,” once again attacked interest rate policies. He had previously accused Powell of “slowing down the national economy,” and argued that
Stephen Miran, one of the new members of the US Federal Reserve (FED), stated in his statements that monetary policy is still “too restrictive” and argued that interest rate cuts should continue. After being appointed by President Donald Trump, Miran became one of the most prominent figures within the “dovish” wing of the Fed. Miran
Welcome to the institutional newsletter, Crypto Long & Short. This week: Sygnum Bank’s Pascal Eberle writes that investors are recognizing that custody is less about holding assets and more about proving you’re holding them correctly. CoinDesk Indices’ Andy Baehr provides a “Vibe Check,” writing about how on the heels of NYC election day, among other
Crypto majors slipped another 2–5% before showing signs of recovery after Bitcoin briefly dipped below $100,000. At the time of writing, BTC is down 2% at $102,100, ETH has fallen 5% to $3,320, BNB is down 1% at $945, and SOL is off 2% at $157. Among top movers, ZK (+24%), DASH (+12%), ASTER (+12%),