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Strategy overhauls bitcoin metrics to account for senior claims
The first metric is the new “Net Reserve”, which currently sits at $36.6 billion. That figure takes Strategy’s $55.6 billion BTC reserve (843,775 BTC), adds $3.2 billion in USD reserves, then subtracts $6.8 billion in out-of-the-money convertible debt and $15.5 billion in notional preferred, the $22.3 billion in senior claims that rank ahead of common…
Pump Fun Crypto Breaking Out, Shrugging Off Vesting Supply Unlocks
PUMP, or Pump Fun crypto token, is trading at $0.00214 after staging a 60% recovery from its recent swing low. The unusual part is what did not happen alongside that move. The token absorbed its largest investor and team unlock without breaking down, suggesting demand remained strong despite fresh supply. Mid-July marked the first vesting…
S&P 500 ends higher as investors await tech earnings
S&P 500 ends higher as investors await tech earnings
ZIM stock tumbles after Israeli officials oppose Hapag-Lloyd sale
ZIM stock tumbles after Israeli officials oppose Hapag-Lloyd sale
XRP Price Prediction: Ripple Token Spot Demand Hits Highest Since June
XRP price is trading around the $1.10 to $1.12 range after slipping 2% over the past day. This XRP prediction comes as price action softens despite steady spot buying. The more interesting story is not the decline, but what is happening underneath it. Spot demand has climbed to its strongest levels since June, while derivatives…
Nobody Wants to Unstake Ethereum Anymore: Here’s Why It’s a Big Deal
One of Ethereum’s most closely watched on-chain indicators has undergone a dramatic reversal. It was less than a year ago when the Ethereum validator exit queue had stretched for 45 days as millions of tokens waited to be unlocked from staking. Today, that queue has completely emptied out, while the number of ETH actually…