Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024. Bloomberg | Bloomberg | Getty Images Strategy plunged roughly 7% on Monday after bitcoin dipped below the cryptocurrency treasury company’s average purchase price per token. Bitcoin traded at about $74,500 at its bottom on Monday – its…
I like the setup this week, especially for Big Tech, barring another intrusion by our intrusive president. Apologies to people who wish I would call his fits of pique more offensive. These injudicious, blunt-force tariffs do get undone almost as quickly as they are slapped on, thank heavens. How is it possible, ahead of a…
Signage for Bitcoin cryptocurrency in Hong Kong, Nov. 26, 2025. Lam Yik | Bloomberg | Getty Images Following President Nicolás Maduro’s deposition last weekend, all eyes are on Venezuela and its vast oil reserves. But there’s another resource Maduro’s regime is believed to have had in abundance — an asset that, if liquidated or seized,…
Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Asia-Pacific markets were set to open higher Tuesday, after Wall Street fell as crypto sell-off dented market sentiment. Overnight, bitcoin plunged around 6% to trade below $86,000, marking its worst day since March and pressuring the…
Chicken and egg? Cart before the horse? Six of one, half dozen of the other? After a while, you realize there isn’t a simple phrase to capture the linkages between alternative investments that cloud the landscape of money-making opportunities. What kind of alternative investments am I alluding to? They could be any number of things:…
Representation of Bitcoin cryptocurrency in this illustration taken Sept. 10, 2025. Dado Ruvic | Reuters Bitcoin dipped below $95,000 on Friday, pushing the world’s oldest cryptocurrency further into the red and continuing its four-day decline amid a broader artificial intelligence-linked stock pullback. The digital asset was last trading at $94,896.03, down 3.5% on the day….
Representation of Ethereum, with its native cryptocurrency ether. Dado Ruvic | Reuters Ether fell as much as 9% on Monday, slipping below its critical $3,600 support level, shortly after a multimillion dollar hack affected a protocol on the token’s native network. The cryptocurrency, which is issued on Ethereum, was last down 6.6% at around $3,600,…
Figma shares plunged 13% in extended trading on Wednesday after the design software company reported results for the first time since its IPO in July. Here’s how the company did in comparison with LSEG consensus: Earnings per share: breakeven Revenue: $249.6 million vs. $248.8 million expected Revenue increased 41% year over year in the second…
Romain Costaseca | Afp | Getty Images Bitcoin edged higher on Tuesday as stocks fell and gold shot to a new record. The price of so-called digital gold rose as much as 2% to reclaim the $111,000 level after dropping over the weekend to a low last seen in July. Spot gold hovered around $3,500…
Omar Marques | Lightrocket | Getty Images The price of ether rebounded to near-record levels on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode. The second-largest cryptocurrency was last higher by nearly 14% at $4,817.61, according to Coin Metrics. Last week, ether nearly touched its…
