Italy’s largest bank, Intesa Sanpaolo, disclosed a $966.42 million stake in SpaceX, marking a strategic shift from direct crypto investments to traditional equities. The bank drastically reduced its holdings in BlackRock’s Bitcoin ETF by 94%, signaling a retreat from direct Bitcoin exposure amid a declining crypto market. SpaceX, which went public in June and holds Bitcoin on its balance sheet, offers Intesa indirect crypto exposure while betting on long-term growth. Other major investors like Harvard and the University of California also increased their stakes in SpaceX, reflecting strong institutional confidence despite recent stock volatility.
Duolingo's General Counsel recently sold over 8,000 shares, raising $1.2 million. This sale comes after the company's stock price fell by 51% over the past year, reflecting investor concerns or market challenges. The transaction highlights insider ac...
Bitcoin surged past $80,000 following the Senate's failure to advance the CLARITY Act and the Federal Reserve's interest rate hike. Arthur Hayes, former Bitmex co-founder, argued that higher rates put more money in the hands of wealthy investors, fue...
Zcash traded above $1,500 for the first time since 2016, reaching an intraday high of $1,590.80 on September 19, 2026. This price surge prompts German investors to consider tax implications, as gains on crypto held over one year are tax-free under cu...
SentinelOne is reaffirmed as a BUY due to its strong AI-native cybersecurity solutions and effective land-and-expand strategy. The company shows 21% year-over-year revenue growth and expanding annual recurring revenue, driven by multiproduct adoption...
The altcoin market cap, including Ethereum, crossed the significant $1.07 trillion level amid Bitcoin's rally from $76K to above $80K, indicating renewed bullish sentiment in the crypto market. Although the altcoin season index is at 54, below the ty...
