Category: Financial
Tom Lee ignites Bitmine rally hopes with Russell 1000 push
Bitmine has strengthened expectations for a potential stock rally after Chairman Tom Lee highlighted the company’s chances of joining the…
Fed Holds Rates Steady but Dot Plot Signals More Hikes, Clouding Crypto Outlook
The Federal Reserve kept the federal funds rate locked at 3.50%-3.75% Wednesday in a unanimous decision, but it was the…
Strategy’s STRC preferred stock slides 11% below par as Bitcoin treasury model faces market skepticism
STRC, Strategy’s variable-rate perpetual preferred stock, ended at $89.15 per share on June 17, more than 11% below its $100…
Yield Basis Deposits Jump 120% in 2 Weeks as Investors Seek BTC Yield Without Selling
Michael Egorov Says Demand Is Rising for $BTC Yield Strategies That Preserve Exposure Crypto investors have long faced an uncomfortable…
Bitcoin, ether slide after a hawkish Fed, even as Trump’s signed Iran deal lifts stocks
Crypto fell across the board on Thursday, shrugging off a signed Iran peace deal that lifted stocks, after the Federal…
Strategy’s STRC preferred stock hits a record low below par
A preferred stock that Strategy (MSTR) uses to help fund its bitcoin buying has fallen to a record low, constricting…
Bitcoin rises after Bank of Japan hikes interest rates to a 31-year high
Summary The Bank of Japan raised its key interest rate by 25 basis points to 1 percent, the highest level…
Breaking: Bitwise Withdraws Bitcoin & Ethereum ETF amid Focus on HYPE
Crypto asset manager Bitwise has filed with the US Securities and Exchange Commission to formally withdraw its S-1 registration statement…