- 28 November, 2024
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MicroStrategy stock slides after announcing new $400M debt raise to buy Bitcoin
A lackluster balance sheet, excessive debt load and over-leveraged exposure to Bitcoin have crashed MicroStrategy stock by more than 63% since February already. Nevertheless, the business
Bear Traps Report’s McDonald on how meme stocks are distorting passive funds
“The meme stocks are massively distorting the passively-managed funds,†says Larry McDonald, editor of the Bear Traps Report. McDonald sat with CNBC to discuss the
Cointelegraph Consulting: DeFi hit by a tsunami of liquidations in May
The savage sell-off that took place in mid-May fueled volatility in markets and triggered liquidations among numerous decentralized finance protocols. Like an earthquake, the market
Global banking regulator plans to hold consultation on crypto exposure
The Basel Committee on Banking Supervision has said it will be publishing a consultation paper aimed at banks reducing their risk of exposure to crypto.
Tesla cancels production of Plaid+, Musk tweets ‘Plaid is just so good’
Tesla Inc (NASDAQ: TSLA) withdrew from its previously announced plans of producing a ‘supercar’ variant of its flagship Model S that it called Plaid Plus,
No, Bitcoin is not ‘technobabble’
Many years ago, I ran hedge funds on Wall Street. With a long pause for philanthropic and government work, I eventually found my way to
Sights set on mainstream adoption: Is another DeFi summer on the way?
Over the last year, decentralized finance has been the hottest topic of discussion in the crypto world, pushing the entire industry to new heights, developing
CoinShares lists physically-backed crypto ETPs on German exchange
European digital asset manager CoinShares is expanding the reach of its physically-backed exchange-traded product (ETP) portfolio with a new listing in Germany. According to an
Apple stock price forecast ahead of the annual WWDC event
The Apple (NASDAQ: AAPL) stock price is down by 0.50% as investors wait for the Worldwide Developers Conference (WWDC) later on Monday. The stock is
BoE tackles ‘difficult and pertinent’ questions about digital money
The Bank of England is continuing to devote significant resources to researching digital money in both private and public forms. With an eye on both