Strategy’s bitcoin-first model catapults its stock 3,142%, outpacing tech giants and signaling a seismic market shift toward sound money assets. MSTR’s Bitcoin Standard Bet Crushed Legacy Finance Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, has achieved a staggering return of 3,142% since transitioning to a bitcoin-focused business model. The dramatic surge in the company’s […]
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Morgan Stanley to Bring Spot Crypto Trading to E*Trade Amid US Crypto Policy Shift
Morgan Stanley is gearing up to offer direct crypto trading on E*Trade, signaling a seismic shift as Wall Street embraces bitcoin amid a more favorable regulatory environment in the United States. Morgan Stanley Plans E*Trade Crypto Launch Global investment bank Morgan Stanley is preparing to introduce cryptocurrency trading to its E*Trade platform, Bloomberg reported on […]
Read MoreMetaplanet Enters US Market With New Subsidiary
The new entity will raise up to $250 million in capital with the sole purpose of accumulating bitcoin. Metaplanet Launches U.S. Operations With New Subsidiary Metaplanet, the Japanese bitcoin treasury firm that pivoted away from hotel development last year, has entered the U.S. market and set up a new wholly-owned subsidiary in Miami, Florida, according […]
Read MoreUS Economist Jeffrey Sachs: Trump’s Take on Tariffs Is ‘a Serious Mistake’
Sachs explained that the Trump administration’s emphasis on applying tariffs on rival governments would not impact the growth of China and Russia if international trade continues to follow WTO rules. Jeffrey Sachs Labels Tariffs as a Mistake, Disregards Effects in Global Trade The Trump administration’s tariff move and its subsequent effects on global trade continue […]
Read MoreStrategy Unveils $21B Stock Offering to Amplify Bitcoin Holdings Amid Q1 Loss
Strategy, the corporate bitcoin treasury firm formerly known as Microstrategy, revealed plans for a $21 billion at-the-market (ATM) common stock offering to acquire additional bitcoin ( BTC), even as it reported a first-quarter net loss of $4.2 billion, or $16.49 per diluted share. Strategy Wants More Bitcoin The company’s net loss included a $5.9 billion […]
Read MoreFacilitating Spam Attacks or Nothing Burger? Drama Ensues Over Changes to This Bitcoin Guardrail Feature
The bitcoin development community is divided over a proposal to remove certain guardrails designed to deter the use of its blockchain for storing arbitrary data (or ‘spam’). Some developers argue that this change will impact the future of bitcoin, while others assert that it is already happening. ‘Spam’ Drama Grows: Is Bitcoin Destined to Save […]
Read MoreSPAC Backed by Anthony Pompliano and Brent Saunders Files for IPO
Anthony Pompliano’s blank-check firm, Procap Acquisition Corp., has filed with the U.S. Securities and Exchange Commission (SEC) to raise $200 million in an initial public offering (IPO). Pompliano-Led ProCap to Hunt for Fintech Targets With $200M War Chest Procap Acquisition Corp., incorporated in the Cayman Islands and led by Anthony Pompliano as chief executive officer, […]
Read MoreBitcoin Miners Bleed $40M in April as Fourth Straight Revenue Drop Deepens the Crunch
Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight month of dwindling returns since December as the sector continued its downward earnings trend. April Wrecks Bitcoin Miners Again—Revenue Slides for Fourth Month in a Row Though the dip wasn’t dramatic, it was nonetheless a […]
Read MoreApril NFT Carnage: Sales Drop Over 39% as Market Stalls
Although April brought modest gains to the broader crypto economy, data reveals a continued descent in non-fungible token (NFT) sales, which contracted by 39.62% over the past 30 days. Ethereum retained its status as the leading blockchain by NFT sales volume, yet its figures receded by 44.86% compared with the previous month. NFT Sector Pummeled: […]
Read MoreCertik Reports $364 Million in Crypto Losses for April 2025, Phishing Dominates at $337 Million
Certik, a leading blockchain security firm, reported on April 30, 2025, that the crypto industry lost approximately $364 million to exploits, hacks, and scams in April, with $18.2 million returned, resulting in a net loss of $345.8 million. The firm highlighted that $337 million of the total losses stemmed from phishing attacks, underscoring the persistent […]
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