Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Shares of crypto-focused companies have tumbled this week, capping a bruising stretch for the digital asset sector marked by renewed macroeconomic fears and lingering fallout from October’s liquidity crunch and mixed corporate earnings. Coinbase (COIN), Block Inc. (XYZ) and Robinhood (HOOD) have fallen 11% to 14% this week, according to Google Finance data, erasing recent
Paolo Arduino, the CEO of Tether, has announced that Tether is now officially represented on the Juventus Football Club S.p.A. board of directors, with Dr. Francesco Garino emerging as its representative. Arduino made this known in a post written in Italian on X. The post is translated as “Tether has just received its first seat
Trump Media’s net loss highlights the high costs of its ambitious expansion, even as it deploys capital into digital assets like Bitcoin and Cronos, betting on their future returns to offset current expenses. Summary Trump Media reported a $54.8 million Q3 loss despite positive cash flow and $3.1 billion in financial assets. The company deepened
Key Takeaways Bitcoin has identified liquidation clusters around $105K and $98K, according to market analysis. These zones represent areas where large amounts of leveraged long and short positions are likely to be forcibly liquidated if the price moves to these thresholds. Bitcoin faces potential liquidation zones around $105,000 and $98,000, according to current market analysis.
Key Takeaways Bitcoin’s bid and ask ratio has turned positive for the first time in months, indicating renewed bullish momentum. A positive bid and ask ratio signals higher buy demand relative to sell supply in Bitcoin’s orderbook. Bitcoin’s bid and ask ratio turned positive today for the first time in months, signaling renewed bullish momentum
OpenAI explicitly requested federal loan guarantees for AI infrastructure in an October 27 letter to the White House—which kindly refused the offer, with AI czar David Sacks saying that at least 5 other companies could take OpenAI’s place—directly contradicting CEO Sam Altman’s public statements claiming the company doesn’t want government support. The 11-page letter, submitted
US President Donald Trump’s Bitcoin investment, coupled with the recent cryptocurrency market crash, has led to a significant loss of his personal wealth. According to Forbes, Bitcoin’s drop below $100,000 today negatively impacted Trump’s large-scale BTC purchases over the summer. Trump, who had long been skeptical of cryptocurrencies, suddenly turned around in the summer of
As the number of crypto-focused financial technology companies preparing for initial public offerings (IPOs) increases, Ripple has sent a clear message about its own plans: The company has no immediate agenda for an IPO. “We don’t have an IPO timetable. There’s no plan, there’s no timetable,” Ripple President Monica Long told Bloomberg in an interview