Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence

Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20. According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields […]

2 mins read

Talk Your Book: Valuation Still Matters

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2 mins read

XChat, new DM feature, adopts Bitcoin-style encryption: Elon Musk

Key Takeaways Elon Musk announced XChat, a direct messaging feature using Bitcoin-style encryption and built with Rust. XChat includes vanishing messages and supports cross-platform audio/video calls without phone numbers. Share this article XChat, a new direct messaging (DM) feature being rolled out on Elon Musk’s platform X, is built on Rust and adopts Bitcoin-style encryption […]

1 min read

Investors Bought the Dip

.bh__table, .bh__table_header, .bh__table_cell { border: 1px solid #C0C0C0; } .bh__table_cell { padding: 5px; background-color: #FFFFFF; } .bh__table_cell p { color: #2D2D2D; font-family: ‘Helvetica’,Arial,sans-serif !important; overflow-wrap: break-word; } .bh__table_header { padding: 5px; background-color:#F1F1F1; } .bh__table_header p { color: #2A2A2A; font-family:’Trebuchet MS’,’Lucida Grande’,Tahoma,sans-serif !important; overflow-wrap: break-word; } Advertisement Diversify Client Portfolios with CLOs Collateralized Loan Obligations (CLOs) […]

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BlackRock’s Bitcoin ETF sheds $430 million, its largest single-day outflow

Key Takeaways BlackRock’s iShares Bitcoin Trust faced its largest single-day outflow of over $430 million. US-listed spot Bitcoin ETFs collectively experienced $616 million in outflows amid Bitcoin’s price decline. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) saw over $430 million in outflows after markets closed Friday, snapping a week-long inflow streak that had lasted […]

1 min read

Stripe holds early talks with banks to explore stablecoin integration

Photo: T. Schneider Key Takeaways Stripe is in early talks with banks to explore stablecoin integration for future payment solutions. The move highlights the growing significance of stablecoins in global payment systems and digital asset management. Share this article Stripe is already talking to banks about how they might use stablecoins for global payments, co-founder […]

3 mins read