Strategy chairman Michael Saylor says his company isn’t interested in acquiring other Bitcoin treasury companies, as doing so is fraught with uncertainty, although he didn’t entirely rule it out. “Generally, we don’t have any plans to pursue M&A [merger and acquisition] activity, even if it would look to be potentially accretive,” Saylor told investors on
Coinbase boss Brian Armstrong shook up two prediction markets in the final seconds of Thursday’s third-quarter earnings call by dropping a list of crypto buzzwords that Kalshi and Polymarket users bet would be mentioned in the call, resolving all markets to a “yes.” Several Kalshi and Polymarket users were ecstatic that their bets paid off
Strategy reported third-quarter earnings per share of $8.42, beating the market expectation of $7.90. The company reported quarterly revenue of $128.7 million, beating analyst estimates of $116.8 million. The company announced operating income of $3.9 billion, net income of $2.8 billion, and earnings per share (EPS) of $8.42. It also reaffirmed its 2025 guidance of
Bitcoin price fell to near $106,400, a sharp decline as stocks also tanked. Liquidations hit over $1 billion, with more than $400 million for BTC bulls. Most top altcoins plummeted too, with Ethereum dipping to under $3,700 and Solana to $179. The crypto market’s latest bearish flip has seen Bitcoin price plummeting to around $106,411,
Good Morning, Asia. Here’s what’s making news in the markets: Bitcoin is trading around $109K as Hong Kong begins its business day, as traders continue to digest comments from Fed Chair Jerome Powell that another rate cut isn’t a certain thing, chilling demand for BTC ETFs and other risk assets. Polymarket traders now assign a
Bitcoin’s available supply on the world’s largest crypto exchange is shrinking quickly. This deepening scarcity, one of the most pronounced readings in months, comes as data suggests large-scale investors are accumulating the asset, setting the stage for a potential supply squeeze. Conflicting Signals from Large Holders Data from October shared by Arab Chain shows that
Latin American treasuries met in Punta Cana to modernize operations with digital assets and AI tools. El Salvador consolidates its Bitcoin legal tender framework with two major crypto events in November. Official delegations from El Salvador, Argentina, Mexico, Uruguay, Colombia, Bolivia, and nine other Latin American countries gathered in Punta Cana, Dominican Republic, for the
Ripio launches wARS, a stablecoin pegged 1:1 to the Argentine peso on Ethereum and other major blockchain networks. A political investigation into the LIBRA meme coin promoted by President Milei advances to Argentina’s Supreme Court. The Argentine cryptocurrency platform Ripio confirmed the introduction of stablecoins backed one-to-one by major Latin American fiat currencies. Its initial
Venezuela’s Pago Móvil architect is building a regulated banking network for USDT and USDC deposits. Bolivian exchange El Dorado integrates QR code payments to streamline its peer-to-peer transaction process. Rodolfo Gasparri, president of the Venezuelan company Conexus, is developing a banking network based on decentralized technology. This project aims to enable users to make deposits
How Bitcoin and the crypto king have disappointed investors in 2025—and what it means for the market ahead Despite all the hype around a potential Trump-era crypto boom, Bitcoin has underperformed almost every major asset class. If we look at Bitcoin’s 2025 so far, it’s been what I’d call a 失意之年 — a “year of