Traders are lining up for Friday’s remarks from Jerome Powell in Jackson Hole, Wyo., and the mood is cautious. Over the past 24 hours, Bitcoin has eased by about 1%, extending a weeklong slide of almost 5% to roughly $112,000…
Michael Saylor outlines $100 billion Bitcoin credit plan path
Strategy Inc., formerly MicroStrategy, is changing its capital structure by moving from common stock sales and convertible bonds to perpetual preferred stock. Michael Saylor has supported continued Bitcoin accumulation and used equity and convertibles to build about 75 billion dollars…
Bitcoin peaks at $124100 then dips 5% after inflation data
Bitcoin hit a new high near $124,100 on Wednesday, then fell about 5% below $118,000 after a 0.9% July PPI jump, the largest since June 2022. CPI stood at 2.7%, lifting talk of a September rate cut. Ethereum traded near…
Stablecoin support from Jamie Dimon while he avoids Bitcoin
Jamie Dimon recent comments show a clear, practical shift in how he discusses digital assets. In an interview with CNBC in late July 2025, the CEO of JPMorgan Chase said he is “a believer in stablecoins, believer in blockchain, not…
Strategy buys 245 Bitcoin for $26M amid geopolitical drop
Michael Saylor’s Strategy continued its disciplined accumulation last week, purchasing 245 Bitcoin for $26 million despite a market dip driven by escalating geopolitical concerns. This move follows the firm’s long-term conviction in Bitcoin’s potential, underpinned by a forecast that BTC…
Bitcoin dips under $100,000 as bombers hit Iran facilities
Over the weekend trading session, bitcoin slipped below the $100,000 threshold for the first time since May, sparking renewed scrutiny across digital-asset markets. As of 17:15 p.m. in New York, the leading crypto token fell as much as 3 percent…
GameStop stock dips 10 after 500 million Bitcoin purchase
GameStop just made another bold move, this time into Bitcoin. On Wednesday, the company revealed it had purchased 4,710 Bitcoins, valued at over $500 million, signaling a major shift in its financial strategy. While the decision briefly lifted pre-market excitement,…
Bitcoin hits $95,000 while ETFs pull $3 billion in one week
Investor interest in Bitcoin is picking up again. Last week, Bitcoin exchange-traded funds (ETFs) recorded their largest inflows since December, with over $3 billion moving into the market. This rise in activity comes as broader financial markets respond to new…
Is Bitcoin Facing a Shift With $333 Million Withdrawn From IBIT?
Bitcoin’s growth has influenced its market dynamics, with recent data showing a shift in institutional investor activity. On Thursday, $333 million was withdrawn from BlackRock Inc.’s iShares Bitcoin Trust ETF (IBIT), marking a key development for the prominent spot Bitcoin…