U.S. stocks continued to show strength on Friday as the S&P 500 notched a new record high and the Dow opened higher following the latest inflation data. The S&P 500 rose 0.3% at the open, surpassing its previous all-time high, with the benchmark index hitting 6,156.80. Previously, on February 19, 2025, the S&P 500 touched…
Despite growing buzz around crypto, only 3% of central banks plan to hold Bitcoin reserves over the next decade, according to OMFIF’s latest survey. Bitcoin (BTC) may be gaining traction globally, but only a sliver of central banks are planning to hold it, according to this year’s Global Public Investor survey by OMFIF shared with…
Bitcoin treasury strategies are gaining traction among Canadian firms, and Belgravia Hartford, a publicly traded investment firm based in Toronto, is boosting its reserves with fresh capital. According to a June 26 release, Belgravia Hartford has pulled another $1 million from its credit line with Round13 Digital Asset Fund, a venture firm focused on blockchain…
Genius Group announced a plan to allocate any future legal settlements equally between shareholder dividends and Bitcoin acquisitions. On June 26, Genius Group, a Singapore-based AI-driven education company listed on the NYSE American, announced a new distribution plan that would see proceeds from its ongoing legal cases split equally between shareholder dividends and Bitcoin (BTC)…
The MULN stock received a slight pre-market boost after the company issued an announcements informing customers that it would be accepting Bitcoin, TRUMP and other cryptocurrencies for electronic vehicle purchases. According to an official press release, the Nasdaq-listed Mullen Automotive Inc. now accepts purchases made in cryptocurrency, specifically Bitcoin (BTC) and the official TRUMP (TRUMP)…
Last year’s $1 billion offer was a non-starter. Now, with AI demand surging and Bitcoin mining margins tightening, CoreWeave has circled back and is reportedly in new talks to acquire Core Scientific. On June 26, the Wall Street Journal reported that CoreWeave, the AI cloud infrastructure provider backed by Nvidia and powering clients like OpenAI…
Bitcoin price could be on the cusp of a bullish breakout, potentially reaching its all-time high as a flag pattern forms and the U.S. dollar index crashes. Bitcoin (BTC) was trading at $107,115 on Thursday, June 25, up 8.65% from its lowest point this week. A potential catalyst for Bitcoin is the ongoing decline in…
A lawsuit filed in New York has accused Citibank of negligence after one of the bank’s customers lost $20 million to a crypto romance scam. Plaintiff Michael Zidell, who filed the complaint on June 24, is seeking compensatory damages and legal costs. Zidell alleges the bank failed to detect and act on suspicious wire transfers…
GameStop just secured another $450 million in its debt-fueled sprint toward becoming a Bitcoin-heavy treasury, bringing its total capital raise to $2.7 billion. But unlike Strategy, the company is doing so with a retail business in free fall. According to a recent filing with the U.S. Securities and Exchange Commission, video game retailer GameStop (GME)…
Strategy stock price could be on the verge of a strong bullish breakout as odds of Bitcoin hitting an all-time high rose on Polymarket. MSTR stock was trading at $377 on Wednesday, a few points above this week’s low of $360. It has jumped nearly 70% from its lowest level this year. Strategy stock technical…
