Strategy Inc, a company heavily invested in Bitcoin, is feeling the heat as the cryptocurrency takes a nosedive. Bitcoin has just hit a six-month low, dropping below $90, 000. This isn't good news for Strategy Inc, as its stock value is closely tied to Bitcoin's performance. Strategy Inc has been o
Bitcoin has had a rough week. It's now wiped out all the gains it made this year, dropping below $93, 000. This is the first time it's been this low in nearly seven months. In just one day, it lost 2. 3%, and over the past week, it's down by about 13%. Trading has been intense. The volume of Bitcoi
Monday started on a rocky note for investors. Major stock indexes like the Dow, S&P 500, and Nasdaq all took a dip. The Dow dropped by 705 points, while the S&P 500 and Nasdaq fell by 1. 39% and 1. 45% respectively. The fear index, VIX, spiked by 15%, and the Fear and Greed index showed extreme fear
A major U. S. bank is stepping into the world of digital money. BNY, a well-known name in traditional banking, has just launched a new fund. This fund is not for regular investments. It's designed to support stablecoins, a type of digital money that's tied to the value of real-world currencies like
Bitcoin, the first big cryptocurrency, started as a rebel against banks and big finance. It was created after the 2008 financial crisis by someone who used the name Satoshi Nakamoto. The idea was to make a digital money system that didn't need banks. Early users saw it as a way to take control of th
Crypto's 2025 performance has sparked a lively debate. Two experts, Kevin McCordic and Nic Carter, have different takes on whether this year's slump is just a normal part of the cycle or a sign of bigger issues. McCordic, who works at Monad, thinks 2025 is not as bad as 2022. Back then, big lenders
Bitcoin had quite the week, with big money moving in, experts clashing, and politics mixing with crypto. First, let's talk money. Strive, Inc. , a company all about Bitcoin, just got a huge $37 million boost from a Canadian pension fund. That's a lot of cash! Now, the fund owns a big chunk of Striv
The Scaramucci family has put over $100 million into American Bitcoin, a mining company with ties to former President Donald Trump’s sons. This investment came through Solari Capital, a firm started by AJ Scaramucci, which led a $220 million funding round back in July. The company went public later
Bitcoin, the famous digital currency, has been on a downward spiral. It's now 22% lower than its peak in early October. This week alone, it hit a six-month low of $94, 700. What's causing this drop? First, Bitcoin isn't alone in its fall. Other risky investments, like tech stocks, are also taking a
In a surprising turn of events, a significant investment in a crypto mining company has brought together two families with a complex history. The Scaramucci family, known for their Wall Street connections, has poured over $220 million into American Bitcoin. This investment is notable not just for it
