News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Strategy Acquires 17,994 BTC for $1.28 Billion
Strategy has purchased 17,994 BTC for $1.28 billion, raising its total holdings to 738,731 BTC, despite facing a $6 billion unrealized loss.
Marcus Reid2 min - Crypto
Weekly Recap: Bitcoin Tests $74,000 and ChatGPT Boycott
Bitcoin tested the $74,000 mark, while traders shifted to Hyperliquid for oil and gold trading, and the community initiated a boycott of ChatGPT.
Sarah Chen6 min - Crypto
Analyst Points to Decreased Likelihood of a Deep Bitcoin Correction
Analysts suggest that the likelihood of a deep Bitcoin correction is decreasing, with key price levels to watch closely.
Daniel Kim2 min - Crypto
Bitcoin Fails to Hold Above $70,000
Bitcoin's recent rally above $70,000 has faltered, with experts warning of potential deeper declines amid macroeconomic pressures.
Sarah Chen3 min - Crypto
Kraken Launches Platform for Trading Tokenized Stocks of Apple and Nvidia
Kraken has launched xChange, a platform for trading tokenized stocks like Apple and Nvidia, enhancing liquidity and market access.
Marcus Reid1 min - Crypto
Altcoin Crash Hits Record Lows Since FTX Collapse
A staggering 38% of altcoins are nearing historic lows, worse than the aftermath of the FTX collapse, as liquidity shifts away from crypto, according to analyst Darkfost.
James Park1 min - Crypto
Five-Year DCA Strategy Yields 72% Profit for Bitcoin Investors
A five-year DCA strategy for Bitcoin has yielded a 72% profit, outperforming passive holding and showing strong potential for future gains.
Sarah Chen2 min - News
Core Scientific Secures $500 Million from Morgan Stanley for AI Transition
Core Scientific has secured a $500 million loan from Morgan Stanley to build AI data centers, with plans to expand its infrastructure and services in the AI sector.
Elena Volkov2 min - Crypto
CryptoQuant: Bitcoin's Rise is a Temporary Bounce
CryptoQuant analysts warn that Bitcoin's recent rise above $73,000 is a temporary bounce, not the start of a new bull market.
James Park2 min - News
U.S. Authorities Arrest Suspect in $46 Million Government Wallet Theft
The FBI has arrested John Daghita for allegedly stealing $46 million in cryptocurrency from the U.S. Marshals Service, following an investigation by ZachXBT.
Marcus Reid1 min - News
Nvidia CEO Hints at Halting Investments in OpenAI and Anthropic
Nvidia's CEO Jensen Huang indicated that the company's recent $30 billion investment in OpenAI might be its last before the startup goes public, citing concerns over a potential $100 billion deal.
Marcus Reid2 min - Crypto
Analysts Say Bitcoin Must Break $74,000 for New Rally
Analysts suggest that Bitcoin's price must break the $74,000 mark to initiate a new rally, with recent inflows into ETFs and short position closures driving the surge.
Sarah Chen3 min