Tag: News

Jobs reports and Federal Reserve speeches will dominate the week ahead, which follows a tumultuous one for markets. The second estimate for Q4 GDP confirmed that the economy grew at a solid 2.3% pace, led by consumer and government spending, but concerns about future GDP growth persist due to...

An investor’s highly leveraged long trade and closure just before President Donald Trump declared a cryptocurrency strategic reserve on Sunday raised speculation of insider trading. What happened: In an X post, capital markets commentator The Kobeissi Letter highlighted how a whale took a 50x leverage on Bitcoin (CRYPTO: BTC)...

Charles Hoskinson, founder of Cardano, has addressed swirling speculations regarding his potential ties to the White House. The rumors gained traction over the past few weeks due to several subtle hints by Hoskinson. Last week, Hoskinson announced the cancellation of his scheduled appearance at ETH Denver, which he attributed...

Excluding the around $1.4 billion Bybit hack, crypto losses in February amounted to $126 million....

Japanese investment firm Metaplanet Inc. has expanded its Bitcoin treasury with an additional 156 BTC, bringing its total holdings to 2,391 BTC.  According to Metaplanet’s official announcement on Mar. 3, the latest purchase was made at an average price of…...

Gordon Johnson, an analyst at GLJ Research, criticized what he called market “corruption” Sunday following President Donald Trump‘s announcement of a strategic U.S. cryptocurrency reserve that would include several digital assets. What Happened: “Markets driven by corruption. This can’t last too long,” Johnson wrote on X, responding to allegations...

Large-cap altcoins XRP, Solana, and Cardano topped the market gainers list Sunday after President Donald Trump confirmed their inclusion in a U.S. strategic cryptocurrency reserve. What happened: Trump announced that the Presidential Working Group is moving forward to establish a cryptocurrency reserve that includes XRP, Solana, and Cardano. The...

Popular Bitcoin mining and digital infrastructure company Riot Platforms announced record-breaking financial results for the year 2024, as a result of a significant increase in mining revenue and strategic acquisitions. The company, listed on Nasdaq, reported $376.7 million in total revenue in 2024, which was up over 34% from...

Tesla and SpaceX CEO Elon Musk compared investments in meme coins to casino games on Friday, warning investors against pouring their life savings into such assets. What happened: During a chat with Joe Rogan on the popular “The Joe Rogan Experience” show, Musk said, “It’s like a casino or...

Coinbase CEO Brian Armstrong has weighed in on President Trump’s Crypto Strategic Reserve, suggesting that Bitcoin alone would be the best option.  Responding to White House AI and Crypto Czar David Sacks on X, Armstrong outlined two potential strategies for…...