Cryptocurrencies staged a comeback early on Tuesday, lifting market capitalization to $1.03 trillion versus $1.01 trillion a day earlier. The uptick is amidst the Wall Street Futures trading in negative territory and the Dollar Index hitting the red zone. Barring the stablecoins, all the cryptocurrencies are trading in the green […]

Michael Saylor does not relent in his promotion of Bitcoin. The 57-year-old co-founder of business intelligence firm MicroStrategy remains one of the most prominent Bitcoin maximalists. Recently, Saylor advised billionaire Elon Musk to purchase more BTC as the latter [jokingly] hinted at buying a football club. Michael Saylor wants Musk […]

Market sentiment continued to be tethered to speculation on how hawkish the Fed would be in taming inflation, and to what extent the interest rate hikes would impact future economic growth. The perception about the Fed’s actions also lifted the Dollar and the Dollar index higher. Asian stocks traded mixed. […]

Houston Texans has become the first National Football League (NFL) team to sell single game suites against payment in cryptocurrencies such as Bitcoin and Ether. The NFL franchise has inked an exclusive partnership with Houston-based BitWallet to become their Official Digital Currency Wallet, effective immediately. Under the partnership, Houston Texans […]

Shares of shipping company Grindrod Shipping Holdings Ltd. (GRIN) are up more than 9% at $20.98. Wednesday, after market close, the company reported second-quarter results, better than the comparable quarter last year. Grindrod declared a dividend of $0.84 per share, its highest ever quarterly dividend. Profit from continuing operations for […]

On Wednesday (August 17), Jurrien Timmer, Director of Global Macro at Fidelity Investments, shared his thoughts on the Bitcoin ($BTC) price. In March 2021, Timmer published a 12-page research paper on Bitcoin (title: “Understanding Bitcoin: Does bitcoin belong in asset allocation considerations?”). Timmer started by saying that he intended his paper to serve […]

Shares of semiconductor maker SkyWater Technology, Inc. (SKYT) are rising more than 34% Tuesday morning at $19.19, after reporting improved revenue in the second quarter, better than analysts’ view. Revenue for the quarter increased 15% year over year to $47.41 million. The consensus estimate of analysts polled by Thomson-Reuters expected […]

Anthony Scaramucci has not rescinded his support for BTC and crypto in general despite troubling market conditions. The founder and CEO of investment firm SkyBridge Capital is known for his constant endorsement of BTC. In a recent interview, Scaramucci highlighted two catalysts of mass demand for the asset class. Anthony […]

Shares of video game software development company Unity Software Inc. (U) are falling more than 6% Monday morning at $55.02. The company today announced its decision to turn down the buyout proposal from AppLovin (APP) for $20 billion. It instead plans to buy IronSource (IS) as announced earlier. “The company’s […]

Microstrategy’s Former CEO Michael Saylor pointed out in a recent interview for Stansberry Research that he would rather win in a volatile fashion than lose slowly.  Saylor continues to say that the volatility will only impact short-term investors and public companies. Bitcoin has outperformed every single company on the stock […]