Strategy Stock Slides as Bitcoin Drops and MSTR Doubles Down
Strategy stock dropped sharply after Bitcoin slid over the weekend, dragging its crypto-heavy balance sheet lower and reminding investors how tightly the company moves with the price of BITCOIN USD. As Bitcoin dipped, MSTR fell even faster, reinforcing its reputation as a high-volatility
Tom Lee Defends BitMine’s $6B ETH Loss
These are hard times for crypto holders as Bitcoin keeps falling again and again, now hitting a new yearly low at $70,500. Ethereum is also following the same path, briefly trading below $2,100. A company that went full ETH maxi is now watching
BitMine Buys More ETH While Sitting on a $6B Paper Loss
BitMine Immersion Technologies added more ethereum last week, even though its existing stash sits deep in the red. ETH slid to around $2,280 (-2.5%), well below the company’s average entry price. This move lands as crypto markets wobble, with investors rushing to cash
The Bitcoin Epstein Files: Is This Why Crypto Is Really Crashing?
A new tranche of heavily redacted Jeffrey Epstein files has reopened an uncomfortable chapter in crypto history. Emails attributed to Epstein claim he discussed Sharia-compliant digital currencies with unnamed Bitcoin founders in 2016, who he said were “very excited.” The assertion is self-reported
Crypto Market News Today, February 3: Why is Crypto Up? Are We Back? 3% Bitcoin Price Run, 5% on Ethereum
So Yesterday was just another manic Monday after all. Yesterday, we woke up to red candles, bad vibes, and a pit in our stomachs as the weekend chewed through liquidity. Yesterday was bad and sad. But today, we are happy, Bitcoin price clawed
Crypto Market News Today, February 2: Manic Monday? Crypto Messed Up, Liquidation Hit Record, Ether USD Risks Falling Below $2K
Is this just another manic Monday? Crypto today is far from a routine, market wobble, everyone pretending this was part of the plan, and bullish news everywhere still. From record-breaking crypto liquidation and some calling off the incoming supercycle, February opened with all
Bitcoin Price Breaks $76K: $2B Liquidated
Bitcoin slipped below $76,000 over the weekend, breaking under the average price paid by Strategy for its massive Bitcoin stash. The move erased roughly $3,000 in minutes as forced sell-offs ripped through thin weekend trading. It lands in a market already tense from
Why Is Bitcoin Crashing Today? The BTC USD Experiment Is Over As It Crashes to $81K
The Bitcoin experiment is over. Thank you, Mr. President. You’re all holding Beanie Babies now. Buy silver. Buy gold. At least this is how crypto Twitter and Reddit are reacting. The real fear – and for some, hope – is that .cwp-coin-chart svg
Metaplanet Plans $137M Bitcoin Buy Using Overseas Stock Deal
Before MicroStrategy began buying Bitcoin in November 2020, it was unheard of for a public company to stack up “risky” cryptos. True, some of the best cryptos to buy have had more than 100X since their launch. However, the lack of clear regulations
