Strategy CEO Phong Le has seen his nearly $1 million investment in the company's STRC preferred stock return to break-even, supported by increased dividends and a Bitcoin sales policy to fund payouts. Le remains bullish on Bitcoin, calling it the "United States of money" and a potential global reserve asset, emphasizing its role in financial freedom and wealth protection. Despite recent losses and cautious analyst views, Le's long-term confidence in Bitcoin and STRC's performance highlights his commitment to the cryptocurrency and Strategy's preferred stock program, now valued over $13 billion.
The TRUMP meme coin has left nearly one million investors facing a combined $3.81 billion in unrealized losses after its price dropped about 98% from its January 2025 peak. The token surged to $73.43 shortly after launch but quickly collapsed, illust...
Dogecoin is approaching a rare technical indicator called a weekly death cross, where the 50-week moving average may fall below the 200-week moving average. This signal has not appeared on Dogecoin's weekly chart since February 2023 and is considered...
IREN awarded a $700 million stock package to its co-CEOs, Daniel and William Roberts, as the company pivots from Bitcoin mining to AI infrastructure. The package includes 18.2 million restricted stock units vesting over four years, designed to retain...
XRP bounced back from a 19-month low near $1.01 to around $1.16, driven by a short squeeze and a bullish 'golden cross' against Bitcoin signaling improving momentum. Despite a 10% weekly gain, many holders remain at a loss, suggesting potential selli...
Cardano founder Charles Hoskinson announced that the upcoming Ouroboros Leios upgrade could increase Cardano's transaction capacity by up to 60 times, potentially matching the fast performance of the XRP Ledger. The upgrade aims to solve scalability ...
