Strive, supported by Ramaswamy, acquires Semler Scientific in a Bitcoin treasury merger.
Strive Inc. to Merge with Semler Scientific via Bitcoin Treasury Asset Manager Strive Inc. has reached an agreement to merge with Bitcoin Treasury Company, which is led by Vivek Ramaswamy, a former presidential candidate. The announcement made on Monday indicated that the merger will be an all-stock transaction, allowing Semler shareholders to receive shares in […]
Michael Saylor’s plan secures $100M in Bitcoin during Federal rate reduction
Last week, Michael Saylor, the CEO of the world’s largest company, added Bitcoin (BTC) to his balance sheet after the US Federal Reserve announced the first interest rate cut of the year. The strategy involved acquiring 850 Bitcoin for a total of $99.7 million by the end of Sunday. He submitted a filing to the […]
Bitcoin Falls, Ether Decreases, and Support Seems Lacking: Crypto Daybook Americas
In the last day, the cryptocurrency market has shown notable weakness, likely influenced by bearish options pricing and a steady dollar index. Bitcoin’s price is now at approximately $112,797.34, while Ethereum has dropped about 2.6% to $4,162.70, with some reports indicating a decline of over 6%. The general market sentiment, as reflected in the Coindesk […]
Crypto funds experience $1.9B in inflows as Bitcoin ETFs continue their success
Last week, the cryptocurrency fund experienced its second consecutive week of inflows, building on the $3.3 billion profit from the prior week. Crypto Exchange-Traded Products (ETPs) saw a total influx of $1.9 billion, as highlighted by data from Coinshares on Monday. Bitcoin (BTC) and Ether (ETH) were the frontrunners, attracting inflows of $977 million and […]
Bitcoin traders are focused on these BTC price points at $116K.
Key Points: Bitcoin (BTC) is expected to witness fluctuations as a new week begins, surpassing current spot prices. A quiet weekend sets the stage for potential volatility as new macroeconomic factors come into play. A “busy week” lies ahead with the release of the Federal Reserve’s preferred US inflation measure. As the week closes on […]
What is a Crypto ETF for ‘AltAlt Season’? Confusing Planned Fund Excludes Bitcoin and Ethereum
Simply put Tidal Financial Group submitted an application for a leveraged alt season Crypto ETF on Thursday, marking it as one of three new filings. The concept of “alt alt season” seems to confound a number of industry experts. This fund focuses on the performance of XRP and Solana while sidelining Bitcoin and Ethereum. In […]
Michael Saylor Suggests Bitcoin Could Become ‘Boring’ as Institutional Investment Reduces Volatility
Michael Saylor of Strategy believes that as more institutions adopt Bitcoin, it will become a more stable investment option. It’s key, he says, that major players look for low volatility before fully engaging in this market. During a recent episode of the Coin Story Podcast, Saylor described this shift as a natural progression, suggesting that […]
Bitcoin could become ‘uneventful’ as more institutions show interest, says Michael Saylor.
Michael Saylor, the executive chairman of strategy, suggests that Bitcoin could become more appealing to institutional investors, potentially at the cost of losing some excitement for retail investors. “It’s important to reduce volatility to ensure that large institutions feel secure in entering the market,” he mentioned during an interview with Natalie Brunell on the Coin […]
Bitcoin Exchange Supply Ratio Decreases Following Fed Rate Cut, Paving the Way for $120,000 Test
Federal Reserve Cuts Interest Rates, Impacting Bitcoin Earlier this week, the Federal Reserve made a notable move by lowering interest rates by 25 basis points. This decision likely offers a much-needed boost to the economy, especially after a period where rates were raised to combat inflation. Lowering interest rates might also favor riskier assets like […]
Public Keys: The Arrival of Alt Autumn, Gracious Investors Move Away from Bitcoin, and SOL Is on the Way
Simply put Rex-Sosprey has introduced XRP and Dogecoin ETFs, while the SEC rolled out simpler listing standards for product-based trusts. Forward Industries is set to be Solana’s first treasury company worth $1 billion, and Helius aims to gather $500 million for its Sol Treasury Rays initiative. Shares of KindlyMD plummeted by 54% after filing an […]