Liquid Capital’s Li Hua Yi says there’s “no reason to take profits” after the Strait of Hormuz reopens, citing S&P highs, MicroStrategy’s $BTC buys and altcoin rotation. Liquid Capital’s Yi leans into the peace trade Liquid Capital founder Yi Lihua has urged investors not to rush for the exits after the rebound sparked by the
As part of its commitment to strengthen its digital asset network security to provide crypto investors with superior DeFi opportunities, KAST.xyz, a stablecoin-powered financial platform, today entered into a strategic partnership with Immunefi, a Web3 security platform. The development, announced today on the X platform, enabled KAST to integrate Immunefi’s advanced Web3 security technology into
Driven by a shared commitment to advance AI-powered Web3 applications to users (including on-chain projects, developers, and customers), Allor Network, a self-improving decentralized AI network, today entered into a strategic partnership with Band Protocol, a decentralized data oracle platform. The collaboration, announced today, disclosed that Allor integrated its decentralized AI network with Band’s decentralized data
Bitcoin whales are selling into the market strength, raising questions about whether the premier asset will sustain its recent price resurgence. At the time of writing, Bitcoin ($BTC) has crossed $78,000, building its newfound momentum. However, the sustainability of this move has come into question, following a recent disclosure of the on-chain activities of large
The BCMI indicates that Bitcoin may now be close to a region that often translates to deep undervaluation. Bitcoin has rebounded from its April 12 low of $70,500 to trade at $77,982, marking a 10% recovery. Amid the recent price action, Woominkyu, a verified analyst at CryptoQuant, pointed out that the Bitcoin Combined Market Index
In brief Bitcoin jumped 2.7%, breaking the descending resistance line that had capped every rally since October. Myriad traders have flipped bullish, giving $BTC a 69% chance of hitting $84K next. Traders, though, give a new Bitcoin all-time high only a 6.2% chance of happening before July. Bitcoin is surging today on a geopolitical trigger
Bitcoin has continued to rally as market sentiment begins to turn extremely bullish, putting its long-term holders, especially treasury companies like MicroStrategy, back in profit. MicroStrategy, the world’s largest Bitcoin treasury firm, is back in profit as the lingering rally has pushed Bitcoin to surge past its one-month high. MicroStrategy returns to profit zone On
Leading bitcoin treasury company Strategy (MSTR) has filed a proxy that, if approved, would allow for semi-monthly dividends on its STRC “Stretch” series of preferred stock. The move would have no effect on STRC’s annual dividend obligations or dividend rate (currently 11.5%), noted Executive Chairman Michael Saylor. Instead, he said, “[the] proposed changes are intended
Jim Esposito, president of Citadel Securities, has publicly said his firm is considering entering the prediction market space as a liquidity provider. Speaking at the Semafor World Economy Summit, he described a “sound industrial logic” for institutional clients to use these markets and called the firm’s involvement “certainly possible.” For the B2B financial industry, the
Alejandro Grisanti, head of Ecoanalitica, proposed issuing a national USD stablecoin as part of a series of measures to lift currency controls in Venezuela. This system would complement the current auction system, allowing the excluded sector to receive dollars via blockchain rails. Key Takeaways: Ecoanalitica proposes a stablecoin to fix local dollar shortages, driving future