Strategy falls below $100 as Bitcoin drops
Strategy shares fell below the US$100 level on Wednesday, touching an intraday low of US$99.50 as weakness in Bitcoin (CRYPTO:BTC) weighed on the company's valuation.
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Strategy shares fell below the US$100 level on Wednesday, touching an intraday low of US$99.50 as weakness in Bitcoin (CRYPTO:BTC) weighed on the company's valuation.
Ripple USD (CRYPTO:RLUSD) has launched in Japan through SBI VC Trade after receiving approval from the Japan Financial Services Agency.
Goldman economist Farouk Soussa talks about why the Strait of Hormuz doesn't need to come back to 100% for the full amount of oil from the Gulf to come back into the market, and the longer-term outlook for crude amid the US-Iran negotiations.
CoinEx is facing increased scrutiny after a Wall Street Journal report alleged that more than US$3.84 billion in Iran-linked cryptocurrency transactions moved through the exchange between 2019 and 2025.
Abracadabra's Magic Internet Money (CRYPTO:MIM) fell to approximately US$0.49 on Wednesday, prompting the decentralised finance protocol to implement emergency measures aimed at restoring the stablecoin's US$1 peg.
Dhruv Arora, Founder & CEO at Syfe, discusses the investment platform's expansion plans and retail investor sentiment. He speaks on "Bloomberg: The China Show."
Becky Liu, Head of Greater China Strategy and Asia Rates at Standard Chartered Bank, discusses China's central bank policy shift. She speaks on "Bloomberg: The China Show."
Kalshi is reportedly in discussions to raise new capital at a US$40 billion valuation, a move that would nearly double its US$22 billion valuation achieved.
World (CRYPTO:WLD) expanded access to AgentKit, a framework that enables verified users to connect AI agents to their World ID.
Changpeng Zhao, known as CZ, said he is working to clarify public perceptions of himself and Binance while advocating for greater crypto adoption and improved market liquidity in the United States.
Andreessen Horowitz, known as a16z, moved 25,560 Ethereum (CRYPTO:ETH) valued at approximately US$42.62 million from Binance to an external wallet.
Stocks in Asia climbed alongside US equity futures after Micron Technology Inc.'s blowout sales outlook reignited confidence in the artificial-intelligence trade. Bloomberg's Anthony Stephens has the context on how the AI sector is trending.
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