Crypto
Key takeaways:Cooling oil prices and a multi-month high for the US dollar are keeping intense pressure on non yield-bearing assets.Spot Bitcoin ETF outflows paired with Strategy’s slowest buying pace in 18 months signal short-term downside…
Bernstein analysts said Friday that Figure Technology Solutions’ first-quarter earnings report shows that the fintech is fast becoming a company that is unique among blockchain marketplaces.Figure’s May 11 earnings report soundly beat Wall Street estimates on both revenue and EBITDA,…
Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be buying more of the cryptocurrency in the week ahead while also encouraging retailer shareholders to vote on a proxy measure enabling semi-monthly dividend payouts on the company’s…
Japan’s major brokerages are preparing to bring crypto investment trusts to retail investors, with SBI Securities and Rakuten Securities already developing products in-house, while others like Nomura plan to enter the space once regulations are finalized.SBI Securities plans to sell…
Intesa Sanpaolo, Italy’s largest bank, more than doubled its crypto exposure in the first quarter of 2026, with holdings climbing from approximately $100 million at the end of 2025 to around $235 million as of March 31.The growth was driven…
Strategy executive chairman Michael Saylor said he raised the possibility of selling Bitcoin during Strategy’s recent earnings call to protect the asset’s long-term interests.“We own about $65 billion worth of Bitcoin. If the market thought we would never sell it,…
The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto.“If the US provides builders with regulatory…
Investors are mispricing risk for perpetual preferred stocks, like Bitcoin treasury company Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), according to Matt Dines, the chief investment officer of credit asset management company Build Markets.The corporate issuers of…
Bitcoin treasury company Strategy announced on Friday that it will repurchase $1.5 billion in 0% convertible notes, due in 2029, retiring about half of the 2029 convertible note tranche’s total outstanding debt. Strategy entered into “privately negotiated transactions” with a…
Bitcoin (BTC) circled $78,000 on Saturday after geopolitical headwinds erased most of its May gains.Key points:Bitcoin falls below $78,000 for the first time since the start of May.Oil-supply woes combine with existing nerves over US bond markets, adding to headwinds…
OpenAI and the Maltese government have announced a world-first partnership to roll out ChatGPT Plus to all Maltese citizens, marking the first time a government has struck such a deal with the AI company.Under the programme, citizens who complete a…
Shares in the US crypto exchange Bullish fell on Thursday after the company’s first-quarter earnings missed analysts’ top and bottom line expectations.Bullish’s adjusted revenue for the quarter ended March 31 was $92.8 million, up from $62.4 million a year ago,…
Spot Bitcoin exchange-traded funds (ETFs) recorded $1 billion in weekly net outflows, ending a six-week inflow streak that had drawn a combined $3.4 billion.The week started on a cautiously optimistic note, with Monday posting modest inflows of $27.29 million, according…
THORChain has confirmed a $10 million exploit and launched a recovery portal, giving affected users a self-custodial path to revoke malicious token approvals and submit refund claims backed by a treasury-provisioned refund pool of equal size.In a Saturday post on…
Ethereum needs three catalysts to fall into place for its price to regain momentum and surge higher, according to SharpLink Gaming CEO Joseph Chalom.“One is the CLARITY Act to pass in the US,” Chalom pointed out in an interview with…
Strategy’s perpetual preferred stock, STRC, the company’s primary vehicle for funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday.“All-time high volume. $1.53B of liquidity,” chairman Michael Saylor said, referring to Strategy’s…
Editors Picks
Subscribe to News
Get the latest Nigeria, Africa, and World news and updates directly to your inbox.
Subscribe to Updates
Get the latest Nigeria, Africa, and World news and updates directly to your inbox.






























