Every sharp parabolic rally can easily be written off as another hype cycle. At first glance, Cardano [ADA] seems to fit that narrative. After three consecutive red quarters, each posting average losses of more than 40%, ADA had become one of the weakest-performing major altcoins this cycle. But is that trend finally starting to reverse?…
FBI Director Kash Patel disclosed a six-figure investment in Strategy (MSTR), the world’s largest corporate holder of Bitcoin, more than six months past the deadline set by federal ethics law, according to a report from NOTUS. The lapse has reopened a fight over stock trading by senior government officials and raised questions about a potential…
Bitcoin’s [BTC] mining ecosystem is currently experiencing the most stressful period it has experienced in this cycle. The Miner Cycle Stress Composite has dropped into its historical undervalued zone, matching capitulation signals previously seen in 2015, 2018, 2020, 2022, and 2024. Source: X The stress in the miner cycle aligns with the Hash Ribbon’s continued…
SpaceX (SPCX) is set to officially join Wall Street’s tech-heavy Nasdaq 100 index on July 7 after raising $75 billion in the largest iPO of all time in mid-June. The stock immediately surged to as high as $225 in the days after the June 12 IPO,only to deflate to $162 last week. Now the big…
Stripe is bidding to overturn the dominance of Tether and Circle via the launch of Open USD, a new stablecoin backed by 150 companies including major banks, amid growing friction with Circle generated by the payment company’s burgeoning digital assets business. The new dollar-backed stablecoin is set to launch later this year under the auspices…
LIT solidifies its position in the top 100 alts after a major surge today. Bitcoin’s price jumped to $64,000 earlier today for the first time in roughly two weeks, but it was rejected there and now sits over a grand lower. Most larger-cap alts have remained relatively stagnant on a daily scale. Pi Network’s…
Wolfe Research reiterates CoreWeave stock Outperform rating at $150
UBS lowers CME Group stock price target on weaker volumes
ZIM stock tumbles after Israeli officials oppose Hapag-Lloyd sale
If you’re new to crypto, one question comes up almost immediately. What’s the difference between Bitcoin and every other cryptocurrency? The answer starts with Bitcoin, but it certainly doesn’t end there. Today, there are thousands of cryptocurrencies on the market. Some are designed to power decentralized finance, others focus on gaming, artificial intelligence, or real…