Legendary trader Peter Brandt reacted to MicroStrategy's new legal framework allowing a potential $1.25 billion Bitcoin sale, warning this could be just the start of a larger cascade of Bitcoin liquidations. The company, led by Michael Saylor, faces heavy unrealized losses of $14.3 billion due to Bitcoin's price drop and is under significant debt pressure, with debt servicing costs rising sharply. Brandt suggests if MicroStrategy uses the sale to cover urgent debts, further rounds of selling could follow, especially if Bitcoin prices remain low, potentially triggering a broader market downturn amid weak liquidity conditions. This development marks a shift from Saylor's previous stance of never selling Bitcoin, raising concerns among investors about the stability of Bitcoin holdings linked to MicroStrategy.
Anteris Technologies announced favorable 30-day clinical outcomes for its Medium-size DurAVR Transcatheter Heart Valve (THV) in 22 patients with severe aortic stenosis. The valve showed excellent hemodynamics with low pressure gradients, large effect...
A landmark P4 randomized trial showed that CT-guided percutaneous coronary intervention (PCI) delivers clinical outcomes comparable to the gold-standard intravascular ultrasound (IVUS) at one year, while reducing procedure time by 27% and contrast us...
Circle has released technical guidance for using its Cross-Chain Transfer Protocol (CCTP) to enable issuer-controlled transfers of ERC-20 tokens beyond just USDC. This update allows more tokens to move seamlessly across supported blockchain networks,...
Chainlink has announced a partnership with HKGX to enable spot gold trading through the use of smart contracts. This collaboration builds on Chainlink's previous integrations with GravityChain and other projects that focused on cross-chain transfers ...
Solana Mobile experienced a security breach where an unauthorized app appeared in its dApp Publishing Portal's featured section for about an hour. This malicious app deceived users into providing their seed phrases, risking their crypto wallet securi...
