Traders lowered the probability of a September Federal Reserve rate hike to 44% after US non-farm payrolls fell by 23,000 in July, below forecasts, while
Tag: Market
Preferred Stocks Recover Amid Bitcoin Stabilization and Market Volatility
Strategy’s STRC preferred stock rose 1.1% to $95.09, nearing its $100 par value, as Bitcoin stabilized above $60,000 and Michael Saylor emphasized protecting its 12%
Bitcoin Miners’ AI Infrastructure Deals Draw Cooled Investor Response
Bitcoin miners expanding into artificial intelligence and high-performance computing infrastructure have seen diminished investor enthusiasm, according to analysis by Blocksbridge Consulting. Stock market reactions to
Bitcoin Institutional Holdings Drop 10% Since May as Sector Faces Challenges
Bitcoin institutional investment vehicles have reduced their BTC holdings by 10% over three months, with analysis suggesting the Bitcoin treasury model is weakening as company
US-listed spot Bitcoin ETFs see $244.4 million net inflows on Wednesday
US-listed spot Bitcoin exchange-traded funds (ETFs) recorded $244.4 million in net inflows on Wednesday, according to SoSoValue data. This follows $626 million in net inflows
SEC Cancels Meeting on Reg Crypto and Innovation Exemption Amid Clarity Act Concerns
The U.S. Securities and Exchange Commission (SEC) has indefinitely postponed a planned meeting to advance its Reg Crypto rulemaking and delay the introduction of an
Crypto Industry Faces Major Shifts as Legislation, Market Moves, and Security Issues Dominate Week’s News
This week saw the Digital Asset Market Clarity Act delayed, Strategy selling bitcoin, Wall Street expanding crypto involvement, a Bitcoin fork, a major hardware-wallet security
Hyperscale Data Sells 685 Bitcoin for $43 Million, Reduces Holdings to 275 BTC
The company sold 685 bitcoin for $43 million, cutting its holdings to 275 BTC, citing liquidity needs to fund its Michigan data centre expansion and
Harvard University Maintains Bitcoin ETF Position Amid Market Decline
Harvard University’s endowment retained its stake in BlackRock’s iShares Bitcoin Trust (IBIT) as of June 30, halting a two-quarter selling trend despite a $15.6 million
JPMorgan Increases Positions in BlackRock’s Bitcoin and Ether ETFs, Per Latest Filing
JPMorgan’s reported holdings in BlackRock’s Bitcoin and Ether exchange-traded funds rose significantly in Q2, according to a Form 13F filing with the US Securities and
