Bitcoin-heavy firm Strategy (MSTR) will remain in the Nasdaq 100 index, surviving the annual reshuffle that saw several household names dropped. The firm, which began as business software provider MicroStrategy, pivoted in 2020 to stockpiling bitcoin as its core strategy. It has since then accumulated 660,624 BTC worth $59.55 billion, and it was added to […]
U.S. President Donald Trump took office early this year, with at least part of his 2024 election victory thanks to voters who took to heart campaign promises about a crypto-friendly administration. So far, the Trump administration has indeed taken decisive pro-crypto steps, including signing an executive order rescinding Biden-era policies, establishing the President’s Working Group […]
An overnight crash in the price of bitcoin combined with a difficult to digest capital raise to send Strategy (MSTR) shares tumbling 12.5% to their weakest level in nearly 15 months in U.S. morning trading on Monday. And yet, despite no bounce in the price of bitcoin BTC$86,378.70 — which remained near session lows of about […]
Analysts mapped a slow-grind path for bitcoin and flagged $112,000 as the trigger while gold advocate Peter Schiff revived the gold-versus-bitcoin debate by challenging Michael Saylor’s BTC treasury bet for his firm. CoinDesk Senior Analyst James van Straten said bitcoin’s market structure has shifted alongside gold’s repricing. He expects a slow, stair-step advance supported by […]
Amber International Holding (AMBR), a crypto trading firm Amber Group subsidiary, said it raised $25.5 million in a private placement to expand its $100 million Crypto Ecosystem Reserve, a fund designed to support strategic growth across blockchain networks. The raise, announced Thursday, was priced at $10.45 per share, which is a 5% discount to the […]