Peter Schiff Says Bitcoin, Ethereum Treasury Companies Have ‘No Viable Business Model’
Peter Schiff is once again sounding the alarm, this time warning that companies using Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) as corporate treasury strategies are ultimately doomed. What Happened: Speaking on Schwab Network, Schiff argued that Strategy’s (NASDAQ:MSTR) Bitcoin-leveraged model is structurally unsound. He said the company generates...
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Tether fires back at S&P after USDT downgraded to weakest score
Tether responds to S&Ps downgrade of USDT, citing $135B in Treasuries, $13B profit, and critical use in global payments. The post Tether fires back at S&P after USDT downgraded to weakest score appeared first on Crypto Briefing....
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Ethereum (ETH) Setup Hints at $10K Move If This Key Support Holds
Ethereum is trading around $2,900, with a 24-hour volume above $22 billion, based on data from CoinGecko. The asset has dropped about 6% over the past week but is slightly up over the last day. Market attention is now on whether it can hold its recent support and continue...
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Cathie Wood’s Ark Invest buys the dip on Block, Circle, and Coinbase stocks
Ark Invest is buying the dip on some of the most significant blockchain stocks, including those of Block, Circle, and Coinbase. Crypto-linked stocks are coming under renewed pressure as market liquidity tightens and investor risk appetite weakens. Still, some investors…...
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Metaplanet Emerges as a Key Test Case for Corporate Bitcoin Adoption
Metaplanet Inc., the once-obscure Tokyo hotel operator turned Bitcoin (BTC) accumulator, is entering a decisive four-week stretch that could redefine how listed companies handle crypto on their balance sheets. According to analyst Shanaka Anslem Perera, the firm now sits on a paper loss of around $651 million from its...
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Tech Stocks Surge Ahead Of Thanksgiving, Robinhood Rallies 10%: What’s Moving Markets Wednesday?
Stocks were mainly higher at midday as Wall Street traded higher ahead of the Thanksgiving holiday. Investors are likely optimistic as markets enter what is typically the strongest stretch of the year for corporate sales. The tech-heavy Nasdaq 100 led major averages with a 1.1% gain, while the S&P...
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Cipher Mining Amplified: New 2x ETF Lets Traders Double Down On Bitcoin Miner
REX Shares and Tuttle Capital Management have unveiled their latest leveraged single-stock product: T-REX 2X Long CIFR Daily Target ETF (BATS:CIFU), which is positioned to deliver twice the daily performance of U.S. Bitcoin miner Cipher Mining Inc (NASDAQ:CIFR). The launch adds new firepower to the growing stable of tactical...
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Grayscale Dogecoin ETF Logs The First $1.8M Inflow As Bitwise Launches Rival DOGE ETF
Bitwise launched its new Dogecoin (CRYPTO: DOGE) ETF on Wednesday, while Grayscale’s Dogecoin ETF (NYSE:GDOG) finally posted $1.80 million in inflows after a flat debut. New DOGE ETF From Bitwise Begins Trading On NYSE Bitwise has launched its Bitwise Dogecoin ETF under the ticker BWOW on the New York...
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Conor McGregor accuses Khabib Nurmagomedov of scamming fans with $4.4 million NFT sale
The controversy highlights the ongoing tension between sports figures and the ethical challenges surrounding digital asset ventures. The post Conor McGregor accuses Khabib Nurmagomedov of scamming fans with $4.4 million NFT sale appeared first on Crypto Briefing....
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Nasdaq ISE Files to Lift BlackRock IBIT Option Limits Into Top Tier Status
Filing comes amid rapid growth in IBIT options activity and a migration of open interest toward US regulated venues....
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