Bitcoin BTC$83,885.16 rose 42.7% in the third quarter, its best quarterly performance since jumping 68.7% in the first quarter of 2024. Ether ETH$2,696.26 rose 70.8%, its best result since soaring 160.7% in the first quarter of 2021. Both cryptos are about flat on the first day of the fourth quarter, with bitcoin just under $84,000 […]

U.S. and Iranian negotiators are discussing a phased agreement to end the war, according to a Reuters headline. The deal would include a reopening of the Strait of Hormuz, and D.C. lifting its economic blockade of Iran. The major obstacle in talks, according to Reuters, citing Iranian, regional, and Western sources, is neither side wanting […]

“The dead cat continues to bounce,” wrote investor Jason Calacanis as bitcoin returned to the $80,000 level on Friday. “What is Bitcoin, 17 years later?” Calacanis went on to argue that Bitcoin isn’t great for transactions or smart contracts, has an intimidating user experience, and no longer captures the public’s imagination. “If it comes up […]

Holders of Strategy’s (MSTR) high-yielding preferred stock STRC will not see a dividend increase in August. Led by Executive Chairman Michael Saylor, Strategy is maintaining the current 12% dividend on the shares. STRC investors may have been expecting as much as a 50-basis-point hike in the dividend as Strategy has customarily raised the payout anytime […]

Strategy’s (MSTR) cash reserve now stands at $3.75 billion after the company raised $544.5 million last week. That $3.75 billion is enough for 2.1 years of preferred stock dividend coverage, according to Executive Chairman Michael Saylor. The money was raised through sales of more than 5.4 shares of common stock, per an SEC filing Monday […]

Empery Digital (EMPD) on Friday announced the sale of 1,400 bitcoin for $62,200 each, generating $87.1 million in proceeds. Earlier in July, the company said it would need $65 million to close its 25% ownership in a group acquiring a Midwest facility to be converted into an AI data center. Empery was among the hastily […]

U.S. jobs growth disappointed last month, with the data likely to set back market expectations of a Federal Reserve rate hike as soon as this summer or early Fall. The U.S. added 57,000 jobs in June, according to the government’s Nonfarm Payrolls Report released Thursday morning. That’s lower than the 110,000 forecasted by economists and […]

The US and Iran said they reached an interim agreement to end hostilities and reopen the Strait of Hormuz, with the deal to be signed in Switzerland on Friday. The price of bitcoin BTC$65,638.07 has risen to $65,700, up 2% over the past 24 hours, and its highest level since the early June plunge. The […]

Crypto prices have returned to familiar territory on Tuesday, headed lower as risk markets across the globe are in rally mode. Trading at $62,500, bitcoin (BTC) is down 1% over the past 24 hours and lower by nearly 3% from Monday’s high. Shortly before the U.S. market open, Nasdaq 100 futures are higher by 0.9%, […]

Earlier, Shielded Labs, a nonprofit developer on the privacy token system, disclosed a critical vulnerability in Zcash’s (ZEC) Orchard privacy pool that could have threatened the integrity of the token’s supply. The vulnerability, if exploited, could have allowed an attacker to create an unlimited number of counterfeit ZEC tokens, completely undetected. “Think of it as […]