Strategy ($MSTR) Hits 52-Week Low as Bitcoin Crashes to $83k
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Strategy shares fell as low as 10% today, currently trading at $142.88 and hitting a session low of $140.25 — the bottom of the stock’s 52-week range. The drop comes…
Crypto
Fed Halts Rate Cuts While Bitcoin Stabilizes Near $90,000
Bitcoin hovered near $89,000 on Wednesday as the Federal Reserve opted to keep interest rates steady, pausing its rate-cutting cycle and striking a notably calmer tone on inflation and the…
Bitcoin price nears $90,000 as Trump backs away from dollar concerns
Bitcoin price rallied to close on Tuesday, rising above $89,400 after trading as low as $87,100 earlier in the day, according to Bitcoin Magazine Pro data, as markets reacted to…
Bitcoin price battles for $88,000 as bearish pressure builds
Bitcoin price steadied slightly today after an early drop to $86,000 over the weekend as traders weighed Federal Reserve risk, heavy recent liquidations and mounting technical pressure. The major cryptocurrency…
Nasdaq removes position limits on Bitcoin ETF options
Nasdaq has filed a rule change with the US Securities and Exchange Commission that seeks to remove position and exercise limits on options tied to spotting Bitcoin exchange-traded funds, a…
Swiss UBS plans Bitcoin trading for select wealth clients
UBS Group AG is preparing to offer bitcoin trading to a select group of private banking clients in Switzerland. According to a Bloomberg report citing people familiar with the matter,…
Oklahoma Considers Bitcoin Payment Option for State Employees
Oklahoma lawmakers introduced legislation this week that would allow state employees, vendors, private businesses and residents to negotiate and receive payments in bitcoin. Senate Bill 2064, introduced by Senator Dusty…
Kansas introduces bill to establish strategic bitcoin reserve
Kansas has become the latest US state to explore a formal role for Bitcoin and digital assets in public finances, with lawmakers introducing legislation that would create a state-run Bitcoin…
Strive ($ASST) plans $150m follow-on offering to buy Bitcoin
Strive today announced that it intends to raise up to $150 million through a follow-on offering of its Variable Rate Series A Perpetual Preferred Stock, known as SATA Stock, subject…
CFTC Chairman Selig Launches ‘Future-Proof’ Initiative
US Commodity Futures Trading Commission (CFTC) Chairman Mike Selig issued a statement on Tuesday outlining an aggressive push to modernize US financial regulation, pledging to move away from what he…