Nasdaq-listed Empery Digital announced that while it made significant progress in its share buyback program, it also sold off its Bitcoin ($BTC) holdings during the same period. According to the company’s statement, 24,640,671 common shares have been repurchased so far under the share buyback program, which has a total value of $200 million. The average
U.S. president Donald Trump said the United States could “take out” Iran in one night amid the ongoing U.S.-Iran war. Trump made these comments in a press briefing, hours before a Tuesday 8 p.m. ET deadline tied to the Strait of Hormuz. The warning follows stalled negotiations, rising strikes, and a direct ultimatum to reopen
Financial influencer, real estate guru, and millionaire entrepreneur Grant Cardone recently unveiled a staggering loss on his massive Bitcoin ($BTC) investment. Specifically, Cardone revealed that he owns approximately 2,000 $BTC, purchased at an average price of $92,000 for a total of about $184 million. Considering Bitcoin is, at press time, changing hands at $69,450, the
Two financial companies have jumped ahead of the competition as the Treasury Department uses Bank of New York Mellon and Robinhood to get a new savings program for American children off the ground. This week, the Treasury declared that BNY has been officially appointed as a federal financial agent to assist with the new Trump
The original Bitcoin ($BTC) Rainbow Chart is pointing to a higher valuation range for the end of April, even as the asset currently attempts to exit a recent consolidation phase below the $70,000 mark. Notably, the chart suggests that while Bitcoin remains far from overheated territory, it is still positioned in a historically undervalued zone.
In brief Broadridge is enabling on-chain shareholders to participate in proxy voting via its own Avalanche-based layer-1 network. The firm will first work with Galaxy Digital to allow on-chain holders of GLXY to participate in the firm’s May shareholder vote. Shares in both firms are up on Monday as the broader market rebounds. Tokenized equities
The federal government is preparing to redraw the boundaries of America’s retirement accounts. The US Department of Labor has proposed a new rule clarifying how 401(k) fiduciaries (the employer committees legally responsible for plan investment decisions) should evaluate so-called “alternative” assets, including private equity, private credit, and…digital assets. The proposal came directly out of an
Bitcoin investors hoping for a quick recovery may need to be patient. That is the message from Katie Stockton, founder and managing partner of Fairlead Strategies, who appeared on CNBC’s Squawk Box this week. Bitcoin Is Boring Right Now and That Is the Point Stockton’s Bitcoin read was measured but clear. She sees the current