Strategy, the world's largest corporate Bitcoin holder, has begun selling Bitcoin for the first time since 2022, offloading over 3,600 BTC in mid-2026. This shift follows the adoption of a new policy allowing sales up to $1.25 billion to fund dividends and capital reserves. Previously a consistent buyer, Strategy's partial exit alters Bitcoin's supply-demand balance, potentially impacting market dynamics. The company plans to remain a net Bitcoin aggregator but may adjust sales based on dividend needs and share price performance, which currently trades at a premium reflecting confidence in its accumulation strategy.
Meta Platforms saw its stock drop 10% after Q3 earnings, mainly due to a large $9.89 billion litigation charge and a broad AI sector selloff. Despite a 37% year-over-year operating income decline, this was largely from one-time expenses, and the comp...
Last week, U.S. stocks declined with the S&P 500 dropping 0.5% and the Nasdaq falling 0.7%, driven by volatile trading and weakness in tech and semiconductor sectors. The S&P 500 experienced its second 1%+ drop in five days, a rare event since July. ...
In the third quarter, TVA Group was the top performer with a 46.7% increase, driven by first-half earnings reaching levels not seen in over ten years. Intercontinental Exchange also saw a strong 23.5% gain, reflecting reduced regulatory concerns abou...
David Schwartz, Ripple's CTO emeritus, suggested that XRP could serve as a bridge connecting various Bitcoin representations on the XRP Ledger (XRPL). This means that wrapped or bridged Bitcoin tokens on XRPL might depend on XRP to transfer value bet...
Bitcoin is trading around $80,000, a critical support level that aligns with corporate average purchase prices and significant options market activity. A drop below $79,000 could accelerate a decline toward $75,000, while a rise above $83,000 would w...
