Strategy (formerly MicroStrategy) released Q3 earnings yesterday, spending vast amounts of time on its newest, most complex (and relatively small) preferred stock, a quasi-pegged STRC that its founder somehow believes will come to serve 1 billion people. Based on the 6% gain in its stock price at this morning’s open, it would be easy to
Bitcoin is sitting on its first true make-or-break support of the cycle, and the market is now in what crypto analyst Dom (@traderview2) calls a “fork in the road.” His message is direct: if Bitcoin cannot stabilize and reclaim key levels quickly, the structure that has defined this entire run breaks for the first time
Key Takeaways Galaxy Digital recorded a 1,531 BTC outflow as institutional investors continue adjusting crypto allocations. While Galaxy sold, Jump Crypto increased exposure, swapping $205M in Solana for $265M in Bitcoin. Galaxy Digital, a leading institutional crypto asset manager, recorded an outflow of 1,531 Bitcoin today as market pressures continue to weigh on institutional holdings,
The world’s largest asset manager, BlackRock, has once again deposited Bitcoin (BC) worth $383,900,000 to Coinbase Prime. As spotted by on-chain tracking platform Lookonchain, the asset manager also moved about $122 million worth of Ethereum (ETH). BlackRock’s recurring Bitcoin transfers stir concern Notably, Coinbase Prime handles crypto assets from institutional investors, either for trading or
Former Evolve Bank and Trust CEO Robert Hartheimer has reportedly been arrested for possession of child pornography, and also faces charges related to the buying and selling of children, according to fintech journalist Jason Mikula. The loss of yet another CEO comes at a difficult time for the Arkansas-based bank, which has been struggling since
Seventeen years after its publication, the Bitcoin white paper is still widely viewed as a novel technical achievement or the starting point for a new digital asset class. This narrow interpretation misses its deeper message. The white paper identified structural weaknesses in global payments and settlement that continue to affect consumers, businesses, and financial institutions
Cryptocurrency analyst Joao Wedson, in his latest assessment of Bitcoin’s (BTC) price movements, suggested that statistical indicators suggest a new all-time high (ATH) is very close. Wedson noted that Alphractal’s metric, known as the “Max Intersect SMA Model,” still indicates that the peak has not occurred. “The last time I mentioned this model, BTC rose
REX Shares unveiled an exchange-traded fund on Friday that will try to turn price swings into weekly income for some of the U.S. market’s most volatile stocks, including crypto-focused companies. The product, dubbed the REX IncomeMax Option Strategy ETF, follows a hedge-fund style strategy to provide cash flow through option premium income, the company said
ONTO Wallet announced today that it has added support for the X Layer Chain, giving its users direct access to the growing X Layer ecosystem. In a brief post on its official channel, ONTO said, “We are excited to integrate the X Layer Chain and fully support the X Layer ecosystem! You can now explore