Strategy saw a silver lining after the latest market downturn. The STRC preferred stock returned above $100, allowing more selling and potential $BTC purchases. After two weeks of dormancy, Strategy’s STRC returned to above $100 valuations. At this price range, Strategy can sell more preferred shares, boosting its ability to not skip weekly $BTC purchases.
Gold tokenization is not a niche anymore. Rather, it is gradually gaining ground as one of the most reliable real world assets of crypto. Although traders are interested in volatility and stories, capital is pouring into gold-backed tokens quietly and unannounced. This gradual build up is an indication of something bigger. Investors are not pursuing
Wall Street analysts from companies including JPMorgan (JPM) and Cannacord lowered their price targets for Coinbase (COIN) stock after the largest publicly traded crypto exchange missed fourth-quarter earnings estimates. JPMorgan said weak crypto prices and trading activity weighed on volumes and fees. The bank maintained its overweight rating on the crypto exchange, but cut the
Indiana lawmakers have taken a decisive step toward integrating digital assets into public finance. The Indiana Senate committee advanced HB1042, allowing state-managed retirement funds to explore cryptocurrency investments. This development signals growing institutional confidence in digital assets and highlights a shift in how public funds approach diversification. Policymakers now position the state at the forefront
BlackRock has sharply increased its stake in Bitmine Immersion Technologies. The asset manager now holds about 9.05 million BMNR shares. The position is worth roughly $246 million, based on its latest 13F filing. 🚨BLACKROCK LOADS UP ON BITMINE, LIFTS HOLDINGS TO 9M SHARES $14T Asset manager BlackRock increased its $BMNR stake to 9,049,912 shares (up
Anthropic, an AI research firm founded by former OpenAI leaders, secured $30 billion in Series G funding today at a post-money valuation of $380 billion. The San Francisco-based company has more than doubled its valuation from $183 billion in its previous funding round, a $13 billion Series F raise completed last year. The round represents
Coinbase (COIN) missed fourth-quarter earnings forecasts on Thursday, thanks to weaker trading activity and lower crypto asset prices. The U.S.-based crypto exchange posted total revenue of $1.78 billion against estimates for $1.83 billion. Adjusted EPS of $0.66 was well lower than the consensus $0.86. Total transaction revenue of $983 million was below forecasts for $1.02
According to two separate polls conducted by Reuters, the Fed is expected to cut interest rates twice this year. According to the survey results, the first interest rate cut is expected to come in June, under Kevin Warsh, who is anticipated to take over as FED chairman. The median expectation among economists is that the
Fiserv, a major US payments and financial technology provider, has launched a new cash settlement platform for digital asset companies, a move that could strengthen fiat infrastructure for crypto players and improve access to liquidity. On Thursday, Fiserv announced the debut of INDX, a real-time cash settlement system that operates 24 hours a day, 365
Markets declined Thursday afternoon as concerns over artificial intelligence’s rapid expansion and its potential to disrupt multiple industries weighed on investor sentiment. Bitcoin, the largest digital asset by market value, fell 2.5% to trade below $66,000, dragging the broader crypto market lower. Ethereum changed hands near $1,900 as digital assets tracked equity losses. The S&P