Tag: Financial news
CoinDesk 20 Index Drops 3.3%: Assets Trade Lower
The latest market update from CoinDesk Indices reveals a notable 3.3% drop in the CoinDesk 20 Index, with assets trading lower across the board. Litecoin (LTC) experienced a significant decline of 5.6%, while Filecoin...
World Liberty Financial: $110M Unrealized Losses Challenge
Summary: World Liberty Financial, a cryptocurrency investment platform associated with U.S. President Donald Trump, has experienced significant unrealized losses amounting to $110 million. Despite this setback, the company remains active in expanding its portfolio...
Foundation Capital Raises $600M Eleventh Fund
Foundation Capital Secures $600 Million for Eleventh FundFoundation Capital, a prominent early investor in Solana and AI chip maker Cerebras, has recently announced the successful closure of its eleventh flagship fund with a whopping...
Swiss National Bank Rejects Bitcoin as Reserve Asset
Swiss National Bank Rejects Bitcoin as Reserve AssetIn a recent announcement, the Swiss National Bank (SNB) declared that Bitcoin will not be considered as a reserve asset. SNB President Martin Schlegel emphasized that cryptocurrencies...
MSTR Eligibility for S&P 500 Inclusion in June
MSTR's Road to S&P 500 Inclusion: A Closer LookAs the financial world eagerly anticipates the potential inclusion of MicroStrategy (MSTR) in the esteemed S&P 500 index by June 20, all eyes are on the...
Avenir Group Increases Bitcoin ETF Stake Amid Rising Institutional Interest
Avenir Group, a prominent institutional family office and investment management firm, has recently made waves in the world of cryptocurrency by significantly increasing its stake in Bitcoin exchange-traded funds (ETFs). Their strategic move, disclosed...
BTC Indicator Turns Bearish Amid Trump’s Trade War Rhetoric
The recent shift in Bitcoin's key indicator signals a potential bearish trend, coinciding with President Donald Trump's tariff rhetoric that could impact market stability. Published on February 10, 2025, at 6:48 a.m. UTC, this...
Bitcoin (BTC) struggles, Gold eyes weekly gain amidst job data.
Bitcoin (BTC) Struggles, Gold Eyes Weekly Gain Amidst Job DataAs the world of cryptocurrency continues to captivate investors and traders alike, Bitcoin (BTC) finds itself in a state of limbo, struggling to maintain its...
Trump’s Plan to Lower 10-Year Yield: Bitcoin Implications
Summary: The Trump administration aims to lower the 10-year yield to boost the economy by controlling inflation and fiscal spending. Treasury Secretary Scott Bessent highlights the strategy to reduce borrowing costs, potentially impacting long-term...
El Salvador Buys 2 More Bitcoin Post IMF Deal
El Salvador's Recent Bitcoin Moves Post IMF DealEl Salvador, a country at the forefront of Bitcoin adoption, has been making headlines recently for its significant Bitcoin purchases. Despite facing pressure from the International Monetary...
