Shares of stablecoin issuer Circle surged Monday after the company reported mostly upbeat earnings and disclosed that a major crypto venture capital fund had purchased $222 million worth of its blockchain tokens.Circle’s shares rose almost 16% to close...
Michael Saylor, co-founder of Strategy, signaled that the Bitcoin treasury company will resume its BTC purchases this week, following an earnings call on Tuesday, during which he said the company may periodically sell portions of its treasury.“Back to...
Binance co-founder Changpeng “CZ” Zhao said he was not very confident he would be pardoned by US President Donald Trump after serving a four-month prison sentence in 2024 for violating US anti-money-laundering laws.“You never know because we actually...
Despite a $160 billion market cap and a 556% return over the last decade, may still fly under the radar for many investors. That said, shares are down about 25% from their highs and have fallen almost...
Key takeaways:A weakening US dollar and higher government debt favor scarce assets, even as spot Bitcoin ETF outflows and low retail demand spark some concern.Traders expect Kevin Warsh to become Fed Chair, which could benefit Bitcoin.Bitcoin (BTC) stagnated...
may be one of the most mispriced AI infrastructure stories in the market right now.
Most investors are still looking at Hewlett Packard Enterprise through the old lens: traditional enterprise hardware, servers, storage, low multiple, boring growth, legacy...
Key takeaways:Half of the $6 billion in Bitcoin options open interest is tied to long-shot strategies used for hedging and neutral price strategies.The 9% put (sell) options premium hints that professional traders are worried about a potential Bitcoin...
The market understands the first-order trade.AMD reports strong AI-driven data center growth, investors chase the stock, and the obvious conclusion is simple: AMD is becoming a more serious AI infrastructure competitor.That part is not hard.The harder question...
