The Fed has published the latest edition of its Beige Book, a report closely watched in monetary policy decisions. The report revealed that the U.S. economy continued to grow overall, but weakening consumer spending and high uncertainty weighed on business expectations. According to the Beige Book, economic activity increased slightly to moderately in 10 of
Joe Weisenthal, one of the hosts of Bloomberg’s Odd Lots program, suggested in a press release that the current period could be “the harshest crypto winter in history.” According to Weisenthal, the cryptocurrency market is facing many negative trends simultaneously, unlike in past cycles. Weisenthal noted that investors can no longer argue as strongly as
Nvidia CEO Jensen Huang called Marvell Technology the next trillion-dollar company at Computex on June 2. Marvell shares jumped about 33% in a single session, their biggest one-day gain on record. The move added roughly $56 billion in market value, pushing Marvell above $250 billion. The endorsement landed as investor Michael Burry warned that Nvidia
The Crypto Fear and Greed Index plunged to 11 on June 3, 2026, one of the lowest sentiment readings in months, as bitcoin traded near $65,853 and traders publicly debated whether $50,000 is next. Key Takeaways: The Crypto Fear and Greed Index dropped to 11 on June 3, 2026, as bitcoin traded at $65,853 at
GameStop (GME) shares rose on Wednesday after the video game retailer reported record quarterly earnings and unveiled a new $2 billion share repurchase program, even as its recent bid to acquire eBay failed to gain traction. The company’s stock climbed 6.12% to $22.21on Wednesday after it posted what it described as the highest quarterly net
Bitcoin has shed more than $15,000 in value over the past week, falling from $82,400 to $65,856. More than $2.41 billion in crypto positions were liquidated in just 48 hours, with $93 million in futures wiped out in a single hour, 95% of which were long positions caught on the wrong side of the move.
Bitcoin is once again at the center of a fierce debate. While many market participants have interpreted recent weakness as the beginning of a new bear market, crypto trader @CryptoFergani argues the opposite. According to his assessment, the market has already endured its bearish phase, and current conditions point to a different stage of the
Agentic payment activity on Coinbase’s Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report, wallets interacting with Coinbase’s x402 protocol generated more than 100 million transactions on Base within roughly nine months of launch. The x402 protocol allows
STRC, a dividend-paying preferred stock that Strategy (formerly MicroStrategy) founder Michael Saylor has outrageously promoted as a competitor to high-yield bank accounts, traded 5.3% below its par value at one point today. Multiple crypto derivatives of STRC are mirroring the crash. No US bank account or money market is allowed to lose money like that,
The chief risk officer of Strive, Jeff Walton, just shared that the Bitcoin treasury firm is raising $8.1 million in capital per day. At this pace, he claims Strive could generate enough capital to issue up to $15.5 billion in preferred stock and use those funds to purchase approximately 175,000 more Bitcoins at current market