Business

Is another piece of Michael Saylor’s BTC strategy starting to fall into place?

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Another piece of strategy ( MSTR ) Executive Chairman Michael Saylor’s playbook appears to be taking shape after the company’s perennial favorite, Stretch ( STRC ), hit an all-time high of $100.10 on trading volume of 1 million shares. The milestone is important because it enables Strategy, the largest holder of bitcoin BTC$103,064.19to use its […]

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Franklin Templeton Debuts Tokenized Money Market Fund in Hong Kong

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Cryptocurrency-friendly investment firm Franklin Templeton introduced a blockchain-based money market fund for professional investors in Hong Kong and said it is also working on a version for retail investors as it looks to expand its footprint in Asia. The Franklin OnChain US Government Money Fund invests in short-term US government securities with shares represented as

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Trump Wants US As ‘Bitcoin Superpower’, Says Crypto Must Be Done Properly

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When he spoke at 13 ET Wednesday, day one of the two-day America Business Forum in Miami, Florida, President Donald J. Trump urged the United States to embrace crypto and outlined an ambition for American leadership. “We’re here … to embrace a vital industry here in Miami,” he said. Trump credited his administration with reversing

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Gains 5% After RLUSD Pilot, Technical Breakout Targets $2.50

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XRP rose 4.9% to $2.35 in Tuesday’s session, breaking through key resistance at $2.30 on nearly doubled institutional volume. The move marked the token’s strongest daily gain in a week and bettered a falling broader market, with traders now eyeing a clean push towards $2.50. News background Institutional flows rotated back into XRP as risk

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Includes $0.16 support as profit-taking caps Breakout

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Dogecoin edged 0.5% lower to $0.1657 in Wednesday’s session as institutional flows rotated near resistance following a 104% volume increase above daily averages. The token defended its ascending channel structure despite distribution pressure at the upper limit, keeping the short-term bias neutral-to-bullish above $0.16. News background Institutional positioning continued to define DOGE’s intraday structure. Large-cap

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Citi says Crypto’s weakness stems from slow ETF flows and fading risk appetite

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Wall Street bank Citi ( C ) said the latest bout of weakness in the crypto market comes despite a strong stock performance, with October’s sharp liquidations leaving a dent in investor confidence. The Oct. 10 selloff curtailed risk-taking not only among leveraged crypto traders, but also among newer investors in spot exchange-traded funds (ETFs),

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Bounce to $103K; HYPE, Zcash (ZEC) Lead Altcoin Rebound

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Contrarian bulls may take heart as at least one well-followed analyst throws in the towel on his hefty end-of-year price target for bitcoin BTC$102 019.12. “While bitcoin’s structural investment case remains strong, the cyclical dynamic has developed,” Alex Thorn, head of research at Mike Novogratz’s Galaxy Digital, wrote in a note to clients Wednesday morning.

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Jefferies Sees Solid Quarter But Limited Upside For Bitcoin Miner MARA

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Investment bank Jefferies maintained a hold rating on MARA Holdings (MARA) shares after bitcoin BTC$103,714.83 miner reported third quarter results broadly in line with Wall Street expectations. The firm cited stable operations, promising developments in power integration and cautious moves into artificial intelligence while trimming its price target to $16 from $19. Shares were 7%

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