Tag: Cryptocurrency
I said the Internet would never work. Thank god I didn’t make that mistake with crypto
I remember the first time I was asked to evaluate a major technological shift. I was a college student studying accounting in the mid-1990s,...
Michael Saylor hit by market revolt as his Bitcoin premium sinks
Michael Saylor’s once-celebrated Bitcoin experiment is mired in a market backlash, raising questions about the sustainability of the corporate-treasury model he pioneered.
Shares of Strategy...
Stablecoin infrastructure startup M0 raises $40 million as crypto legislation and IPOs keep market hot
Another stablecoin startup has raised serious cash. M0, a company that develops stablecoin infrastructure, announced Thursday that it had raised $40 million in a...
Crypto hoarding brings a stock pop for small firms—and in some cases shows patterns of possible insider trading
In mid-July, the stock for the cancer drug developer MEI Pharma skyrocketed. It wasn’t because the small company, first listed on the Nasdaq in...
Trump Media’s latest crypto venture borrows a page from the MicroStrategy playbook: hoard a specific cryptocurrency and dress it up as a business
President Donald Trump’s personal crypto ventures are expanding again, this time with plans for a digital asset treasury company that holds an alternative cryptocurrency.
Trump Media and...
Trump media firm raises $6.4 billion to invest in Crypto.com’s digital token, deal includes purchase of Trump stock
The Trump crypto empire keeps on expanding. On Tuesday, the company that owns the Trump family’s media properties announced it has raised $6.42 billion...
Are sports prediction markets betting or investing? Two new Robinhood lawsuits could define how they are regulated going forward
We may be four years removed from the meme stock mania of 2020, but the line between investing and gambling has never been more...
A Crypto Micronation Is Making Friends at the White House
When I visited the Free Republic of Liberland in April 2023, on its eighth anniversary, there was little to indicate that the tiny proto-nation—which...
Ethereum soars near record after Fed Chair says ‘balance of risks’ is shifting
Jerome Powell set off a Friday boom in the crypto markets. After the chair of the U.S. Federal Reserve indicated Friday morning that September...
Bitcoin dips ahead of Fed Chair’s remarks at Jackson Hole
Crypto investors are holding their breaths before Jerome Powell, chair of the Federal Reserve, speaks Friday in Jackson Hole, Wyoming. Bitcoin has dipped about...
