Strategy has halted Bitcoin purchases for four weeks, its longest pause in two years, despite holding 843,775 BTC at an average cost of $75,476 per coin. The company faces an unrealized loss of about $8.6 to $9.3 billion due to current Bitcoin prices around $64,600–$65,000. Rising preferred stock dividend obligations, now at 12%, and a drop in the market cap to net asset value ratio below 1 have constrained further Bitcoin acquisitions. Strategy is instead building cash reserves and revising its capital allocation framework, with upcoming Q2 financial results expected on July 30 to provide more clarity on its strategy moving forward.
Ripple has introduced a four-phase strategy to secure the XRP Ledger against quantum computing risks, aiming for full quantum resistance by 2028. This move follows Google's research showing that 500,000 qubits could break current blockchain cryptogra...
Ethereum's price fell 3.6% to around $2,420 following a strong rally in August, driven by profit-taking as prices surpassed the average acquisition cost of $2,306. Despite the dip, U.S. spot Ethereum ETFs attracted $234.51 million in inflows on Augus...
G Mining Ventures Corp. is rated a long-term value Buy due to its strong operational cash flow from the Tocantinzinho mine and credible expansion plans, including the Oko Gold project which is 28% complete and fully permitted. Oko Gold is expected to...
Hyperliquid leads the perpetual DEX market with a notional volume of $249.2 billion, more than double its closest competitor. Nasdaq-listed Hyperliquid Strategies has heavily invested in HYPE tokens, holding $1.9 billion worth and staking many for yi...
Bitcoin fell sharply to $78,442 following Federal Reserve Chair Kevin Warsh's cautious comments at the Jackson Hole Economic Symposium, where he downplayed recent inflation improvements and signaled a likely September rate hike. This hawkish tone inc...
