Michael Saylor's recent tweet with a Bitcoin portfolio chart hints at potential further sales of Bitcoin by Strategy, as the company faces nearly $10 billion in unrealized losses and low dollar liquidity. The average purchase price of their Bitcoin holdings is $75,476, with a current return of -15.41%. Recent sales, including a large $216 million sale near Bitcoin's local low, suggest the company is forced to liquidate assets to cover high-yield debt. This marks a shift from Strategy's previous role as a strong buyer during downturns, raising market concerns about future sales and their impact on Bitcoin prices.
Five of the largest U.S. banks—JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs—are set to report their second-quarter earnings simultaneously, an unusual event. Citigroup is expected to show the most improvement in a key fi...
CashCat, the flagship meme coin of the new Robinhood Chain network, experienced a sudden 60% flash crash on the Hyperliquid futures platform, dropping from $0.19 to $0.08 within a minute due to a liquidation squeeze. This extreme volatility is typica...
Thailand's Bank of Thailand and SEC are intensifying oversight on large cash deposits over 5 million baht ($150,000) and high-value USDT stablecoin transactions to prevent hidden ownership and remittance bypass. These measures aim to combat the shado...
Eisai and Biogen presented data at AAIC 2026 showing that LEQEMBI's subcutaneous autoinjector delivers similar efficacy and safety to intravenous administration for early Alzheimer's disease. The once-weekly 500 mg subcutaneous dose achieves comparab...
Ethereum has stabilized above $1,800 for three days, with major investors (whales) buying over 11,000 ETH worth $20.59 million. This accumulation, alongside negative exchange net flow and a low Exchange Supply Ratio, indicates increased scarcity and ...
