Author: John Smith

Strategy stock plunged 11% on Feb. 25 as Bitcoin slipped below $90,000, raising concerns about a possible liquidation due to the company’s massive Bitcoin exposure. With 499,096 Bitcoin (BTC) valued at around $44 billion, Strategy is the largest corporate Bitcoin holder, making its financial stability closely tied to the asset’s price movements. The sharp drop has fueled speculation of a possible forced liquidation. However, in a Feb. 25 X post, capital market analysts The Kobeissi Letter noted that these concerns are exaggerated.  Strategy currently holds $8.2 billion in debt against its ~$44 billion in Bitcoin, maintaining a leverage ratio of…

Solana has retraced more than 50% from its all-time high of $295 in January, possibly driven by declining meme coin trading activity. Solana (SOL) has had its worst monthly performance since the FTX collapse in November 2022, falling 38% in the last 30 days. Declining memecoin trading activity, which previously contributed to Solana’s massive on-chain volume, has been a major factor. As of Feb. 26, a whopping 8.1 million tokens have been minted on Pump.fun, Solana’s memecoin trading platform. The platform has subsequently generated $577 million in fees. On Feb. 12, Pump.fun’s daily trading volume peaked at a monthly high…

Bitcoin’s sharp decline to 86,099 wiped out $1.06 billion across the crypto market, with long positions suffering $873 million in losses.  According to Feb. 26 data from Coinglass, as many as 230,000 traders have been liquidated in the past 24 hours. Open interest has dropped 5%, indicating widespread deleveraging. Exchange inflows have climbed 14.2%, potentially signaling more panic selling. In addition, funding rates have shifted negative, reflecting a change in investors’ attitude. Strong withdrawals from U.S. spot Bitcoin (BTC) ETFs accompanied the massive sell-off. The five-day outflows totaled $1.1 billion, with ETFs losing $516 million on Feb. 24 alone. Crypto-related…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano and Solana face market pressure, investors are pivoting to Rollblock, a breakout gaming altcoin. The crypto market is firing again on all cylinders, and investors are scouring the charts for the next big opportunity. While Cardano (ADA) and Solana (SOL) remain popular plays, traders have recently been shifting to the transformative casino Rollblock (RBLK). Analysts predict a potential 50x rally for Rollblock, making it a must-watch token for savvy investors in 2025. Rollblock: The gaming platform set…

Robinhood’s stock declined on Feb. 25, but chair and CEO Vlad Tenev remains confident. In an interview on “Bloomberg Crypto” with Sonali Basak and Tim Stenovec, Tenev said, “The business has been doing tremendously well.” He pointed to strong fourth-quarter 2024 results, highlighting a record $1 billion in revenue and $50 billion in customer deposits for the year. When asked about the market correction tracked by Bloomberg’s Magnificent Seven index, Tenev suggested the dip was temporary. Last week’s post-earnings rally faded into today’s broader market downturn, with Bitcoin (BTC) slipping below $87,000. Robinhood shares fell by 8%, closing at $45.92…

Global Dollar, the stablecoin issued by Paxos Digital Singapore, is going multichain with expansion to Solana. The Global Dollar Network announced on Feb. 25 that the U.S. dollar pegged stablecoin, which Paxos introduced on November 1, 2024, was now available on Solana (SOL). Paxos’ affiliate, the Paxos Digital Singapore Pte. Ltd, is the issuer of the Global Dollar (USDG), and is an entity regulated by the Monetary Authority of Singapore. At the time of the initial launch, Paxos said its MAS-regulated subsidiary would partner crypto exchanges, wallets and blockchain platforms to accelerate USDG distribution to individuals and institutions.The USDG token…

In a recent interview on Bloomberg TV, Ledger CEO Pascal Gauthier, stressed the importance of robust security measures in the world of cryptocurrency.  Citing the immutable nature of Bitcoin transactions, he warned that while Bitcoin itself is designed to be secure, the platforms where digital assets are stored—crypto exchanges—remain prime targets for hackers.  “Where there is money, there will be hackers,” Gauthier asserted, emphasizing that as more funds flow into the system, the financial sector, including Bitcoin (BTC) and other cryptocurrencies, increasingly attracts malicious actors. The CEO explained that Bitcoin’s design inherently promotes self-custody, urging users not to leave their digital…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP, DOGE, and SHIB face further declines, but Remittix (RTX) emerges as a potential lifeline for investors. The recent change in direction from the early bullish outlook of top altcoins in 2025 has fueled panic in the market. However, while many investors continue to pull out of the market, some are moving to new, more rewarding assets to help mitigate the downturn.  The recent crypto market overview suggests that many of the top altcoins are still set to undergo…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Emerging crypto assets could see gains up to 50,000%, as new projects challenge established tokens with better security and growth. The cryptocurrency market is evolving at an unprecedented pace, and investors are increasingly looking for opportunities beyond the traditional giants. Over the past few years, the focus has shifted from well-known assets to innovative projects that combine advanced technology with real-world utility.  In today’s environment, both the crypto and altcoin sectors are witnessing a new breed of digital assets…

Bitdeer Technologies Group reported a $531.9 million loss for the fourth quarter of 2024, a sharp increase from the $5 million loss in the same period the previous year. Bitdeer, the blockchain and fast computing-focused company released financial results for the fourth quarter and full year of 2024. The company reported a net loss of $531.9 million for the quarter, compared to a $5 million loss in the same period last year. Total revenue for the fourth quarter of 2024 was $69 million, down from $114.8 million in the fourth quarter of 2023. The decline in revenue and increased net…