News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Miner Cango Sells 4,451 BTC and Announces AI Expansion
Cango has sold 4,451 BTC, about 60% of its reserves, to optimize its balance sheet and fund AI expansion plans, generating approximately $305 million.
Daniel Kim3 min - Crypto
Sharpe Ratio Indicates Final Stage of Bear Market
The Sharpe ratio for Bitcoin has dropped to -10, indicating a potential end to the bear market, according to analysts.
Daniel Kim2 min - News
MicroStrategy Reports $12.6 Billion Loss Amid Bitcoin Market Correction
MicroStrategy reports a staggering $12.6 billion loss due to Bitcoin market corrections, with CEO Fong Lee assuring investors of the company's resilience.
Aisha Patel3 min - Crypto
JPMorgan Analysts Set Long-Term Bitcoin Target at $266,000
JPMorgan analysts predict Bitcoin could reach $266,000 long-term, citing its growing appeal compared to gold despite recent market pressures.
Elena Volkov2 min - Crypto
Bitcoin Tests Support at $60,000, Triggering Billion-Dollar Liquidations
Bitcoin's price fell to $60,000, triggering significant liquidations and market turmoil, while some indicators suggest renewed buyer interest.
Marcus Reid2 min - Crypto
Bitcoin Miners Shut Down Equipment Amid Record Losses
Bitcoin miners are shutting down operations due to record low revenues and rising energy costs, leading to significant stock declines among public mining companies.
James Park2 min - Crypto
TokenSpot Exchange Launches Fund Deposits in Partnership with Major Russian Bank
TokenSpot has launched a new funding option for users through a partnership with a major Russian bank, allowing direct transfers without intermediaries.
Marcus Reid1 min - Crypto
Deutsche Bank Identifies Factors Behind Bitcoin's Weakness
Deutsche Bank analysts attribute Bitcoin's recent decline to institutional outflows, changing market dynamics, and regulatory setbacks, suggesting a reset rather than a collapse.
Marcus Reid1 min - Crypto
Bitget Launches 'Zero Risk' Promotion for New TradFi Users
Bitget has introduced a 'zero risk' promotion for new TradFi users, allowing them to retain profits and receive compensation for losses up to 20 USDT.
Marcus Reid1 min - News
CME Group to Launch 'Tokenized Cash' in Partnership with Google Cloud
CME Group, in partnership with Google Cloud, is set to launch 'tokenized cash' by 2026, allowing market participants to use it in a decentralized network.
Sarah Chen1 min - Crypto
Bitcoin Falls Below $68,000
Bitcoin has fallen below $68,000 for the first time since November 2024, with significant market liquidations and signs of investor capitulation.
Sarah Chen1 min - Crypto
Binance Sees $700 Million Inflow Amid Withdrawal FUD
Binance experienced a net inflow of nearly $700 million despite rumors of mass withdrawals and account closures, showcasing resilience amid technical issues.
James Park1 min