American Bitcoin Corp., a Bitcoin mining and treasury firm partly owned by Eric Trump, saw its stock plunge 97% from $217 to $5.98, erasing about $600 million of Eric Trump's stake. The sharp decline forced a 1-for-5 reverse stock split to maintain Nasdaq listing. Despite the stock crash, the firm increased its Bitcoin holdings to 8,000 coins and claims strong mining profit margins. The broader Bitcoin treasury demand has weakened, with major buyers like Strategy selling off BTC, raising questions about the crypto market's bottom and future treasury demand.
Guinness Atkinson introduced the GAIQ ETF, offering investors concentrated access to global innovation themes through a portfolio of about 30 companies focused on technology, communications, and globalization. The ETF mirrors the strategy of its long...
Ziff Davis has earned a 'strong buy' rating due to its effective strategy of acquiring, improving, and selling digital assets at premiums, similar to private equity. Despite slight declines in revenue and EBITDA, its aggressive share buyback program ...
Bitcoin's price has fallen to its cost of production zone, a level historically marking bear market bottoms, currently holding near $63,000 to $64,000, about 50% below its 2025 peak. Spot Bitcoin ETFs saw $144.6 million in outflows on August 10, brea...
Bitcoin's price barely moved after the July 2026 CPI report, rising only 0.33%, marking the third month of weak responses to inflation data. This shift reflects a breakdown in the previous strong correlation between Bitcoin and monetary policy expect...
HYPE price climbed to around $57.33, marking a 4.09% gain after Bitwise purchased 28,085.8 tokens worth $1.52 million and moved them to its custody wallet, reducing tokens available on exchanges. Exchange netflows were negative $1.46 million, indicat...
