Bookmarking Crypto Insights
Auto Added by WPeMatico
On Friday — and over the past week — publicly traded bitcoin miners shrugged off the prior week’s funk and piled on a run of solid gains. Of the ten largest miners by market cap, all of them spent the last seven days comfortably swimming in green. Bitcoin Miners Erupt in Weekly Rally Across that … Read more
Exodus Movement disclosed it has agreed to acquire W3C Corp., the parent of Baanx and Monavate, in a $175 million deal that expands its control over crypto-linked payment infrastructure. Exodus Eyes End-to-End Payments With New Acquisition Exodus Movement, Inc. (NYSE American: EXOD) revealed it has inked a definitive pact to pick up W3C Corp., the … Read more
The renowned hedge fund, Renaissance Technologies, disclosed a sizable stake in Strategy (MSTR), signaling fresh quantitative interest in the bitcoin-heavy firm’s equity. Renaissance Technologies Quietly Builds a Big Strategy Position Renaissance Technologies (Rentec), the legendary quantitative powerhouse known for treating markets like solvable math puzzles, recently revealed a notable position in Strategy (MSTR) in its … Read more
Cleanspark announced plans to offer $1 billion in convertible senior notes due 2032, with an additional $200 million option for initial purchasers. Cleanspark Plans $1B Private Notes Sale to Fuel Growth, Buy Back Shares According to the company’s latest filing, Cleanspark (Nasdaq: CLSK) intends to use up to $400 million of the proceeds to repurchase … Read more
Bitcoin mining stocks limped into the weekend after bitcoin’s 7.8% weekly dip to $101,827 sent hashprice to its lowest point since April. According to bitcoinminingstock.io, the sector’s top 20 publicly traded miners flashed red across the board Friday, with only a handful dodging the downturn. Publicly Traded Bitcoin Miners Face Red Week as BTC Slides … Read more
Billionaire investor Ray Dalio says the Federal Reserve’s latest pivot toward easy money looks less like crisis management and more like a dangerous encore—stimulating an already bubbly market rather than saving a sinking one. Ray Dalio Sounds the Alarm: QE Is Back, and It’s Not What You Think Ray Dalio, founder of Bridgewater Associates and … Read more
Nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside Galaxy Digital and Weiss Asset Management. Canaan Attracts Institutional Confidence According to Canaan (Nasdaq: CAN), the investment was made through the purchase of about 63.7 million American depositary shares (ADSs) at … Read more
Global markets are wobbling as Wall Street wakes up to the idea that the artificial intelligence boom might be less about genius and more about déjà vu from past bubbles. The Great AI Reality Check After a year of record-breaking gains, the artificial intelligence (AI) sector is now flashing warning lights. These AI bubble warnings … Read more
U.S. President Trump told Republican senators that the United States is experiencing “the hottest economy we’ve ever had” and predicted that the stock market will continue breaking records despite a temporary dip tied to the government shutdown. President Trump Cites Construction Surge as Proof of Economic Expansion Speaking during a breakfast meeting with Republican senators, … Read more
Michael Burry’s Scion Asset Management is leaning hard against artificial intelligence (AI) highfliers, disclosing hefty put options on Palantir Technologies and Nvidia that together account for roughly 80% of a tightly focused, $44 million portfolio. Wall Street Déjà Vu: Trading Veteran Michael Burry’s Scion Bets Against AI Mania Scion’s latest 13F, released around Nov. 3, … Read more