In short Analysts at TD Cowen have raised their price targets for Strategy (MSTR) stock to $400 per share. The upgrade comes …
Giant
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Smart Contracts
Bitcoin Giant Strategy Moves to Retire $1.5 Billion in Convertible Debt, Says It Could Sell BTC
by shayaanby shayaanIn short Strategy has entered into an agreement to repurchase $1.5 billion of its 2029 convertible senior notes for an estimated $1.38 …
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In brief Coinbase posted a $394 million Q1 net loss, marking its second consecutive quarterly loss. Net revenue fell 31% to $1.4 …
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Finance
Wall Street giant DTCC plans tokenized securities platform with July pilot, October launch
by shayaanby shayaanMajor Wall Street operator Depository Trust & Clearing Corporation (DTCC) said Monday it will begin limited production trades of tokenized securities in …
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Finance
A Small Change at the FED Caused Bitcoin to Fall! – Wall Street Giant Morgan Stanley Revised Its FED Interest Rate Forecasts After Yesterday’s…
by shayaanby shayaanCryptocurrency markets fell as two significant macroeconomic developments occurred simultaneously. The first was the Fed’s decision, and the second was US President …
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Markets
Canadian pension giant AIMCo buys the dip in Strategy, now sitting on $69 million unrealized gain
by shayaanby shayaanAIMCo returns to Michael Saylor’s bitcoin treasury company years after exiting, now sitting on a sizable unrealized gain. www.coindesk.com
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DeFi
Sky Token Price Plunges Despite Record $124M Q1 Revenue as DeFi Giant Chooses Safety Over Returns
by shayaanby shayaanThe Sky token price experienced a notable decline of 2.4% immediately following the announcement of a record $124 million in revenue for …
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Regulation
UK invites crypto giant Bybit to London to win over some of UAE’s innovation shine
by shayaanby shayaanEconomic development officials with links to the U.K. government invited Bybit leadership to London this week in what appears to be a …
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Finance
Japanese Financial Giant Reveals Cryptocurrencies Prioritized by Institutional Investors!
by shayaanby shayaanThe bear market that has been ongoing since October has driven both retail and institutional investors out of the market. However, the …
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In a significant development for the cryptocurrency mining sector, the Bitmain-affiliated cloud mining platform Bitfufu successfully mined 214 Bitcoin ($BTC) throughout March …