Bitcoin’s 15% February selloff pushed Strategy’s holdings about $630 million below cost, erasing $47B in unrealized gains. Peter Schiff mocks the firm, warning no bottom until Strategy sells. Michael Saylor counters that 50M people now have BTC exposure through his company.
RedotPay, a Hong Kong-based stablecoin payments firm, is raising $150M ahead of its US IPO, targeting a $4B valuation. Annual payment volume surpassed $10B with 300% YoY growth, but leadership turnover and compliance gaps persist.
Binance Alpha has opened a new AIA and SIGMA airdrop event. Users need at least 251 Alpha Points, must spend 15 points to claim, and have 24 hours to confirm. Unused allocation will lower the entry threshold by 5 points every 5 minutes.
Ripple and its native token XRP aim to enable faster, cheaper international payments. This guide covers Ripple's technology, XRP supply structure, regulatory challenges, and future outlook.
Minnesota Governor signs HF 3709, allowing banks and credit unions to offer crypto custody from August 1, while banning all crypto ATMs and kiosks across the state.
The S&P 500 climbed past 7,000 intraday, erasing losses tied to the late-February conflict, while the Nasdaq extended its rally to 10 straight sessions, its longest run since 2021.
AI capex by Alphabet, Amazon, Meta, Microsoft and Oracle is projected to hit 3.2% of US GDP by 2027, overtaking the defense budget at 2.7%. Taiwan's semiconductor supply chain benefits, but lagging application investment risks structural imbalance.
OpenAI is pursuing a private funding round of more than $100 billion at a valuation near $850 billion, while its shift from nonprofit and open-source roots to a capital-heavy corporate structure draws fresh scrutiny.
