Bitcoin (BTC) holder Strategy’s (MSTR) capital trap is getting tighter, according to Ilan Solot, senior global markets strategist, at Marex Solutions, a division of global financial services firm Marex. The company is sitting on a massive bitcoin hoard, accumulated through aggressive buying and stock dilution.… Read More
Gold has fallen below its 200-day moving average (200DMA), a widely followed long term technical indicator that tracks the average closing price over the previous 200 trading days. A break below the 200DMA is often interpreted as a sign that long term bullish momentum has… Read More
Crypto investors endured one of their toughest week in years as a wave of selling wiped out hundreds of billions of dollars from digital asset markets. Bitcoin BTC$60,593.14 fell 17.3% this week while ether (ETH) dropped 22%, putting both assets on track for their largest… Read More
Hardcore bitcoin purists haven’t lost faith in the world’s largest digital currency, despite it losing nearly 17% of its value, marking the worst weekly performance since July 2024 and wiping out about $200 billion in market cap in the last seven days. The prominent bitcoin… Read More
Strategy’s recent bitcoin sale, the first in more than three years, sparked a major dispute on Polymarket, with the dispute settlement body led by UMA token holders ultimately ruling against bettors who wagered the sale would occur by May 31. The controversy began after Strategy… Read More
SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said in a filing with the U.S. Securities and Exchange… Read More
