
Articles
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5 days ago |
thestreet.com | Anushka Basu |Robert Powell
Crypto analysts are taking a dig at Jamie Dimon, CEO of JPMorgan Chase after he raised the alarm on FOX Business TV about the real risk that the U.S. bond market may unravel due to increasing federal debt, which lowers investors' confidence in U.S. assets.
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5 days ago |
thestreet.com | Anushka Basu |Robert Powell
At Meta Platforms' annual shareholder meeting on May 30, shareholders overwhelmingly opposed a proposal to add Bitcoin to the platform's balance sheet, a trend that has gained prevalence in recent months. Shareholder Proposal 13, made by investor Ethan Peck representing the National Center for Public Policy Research, included a recommendation to convert some of the company's $72 billion in cash and marketable securities into Bitcoin as an inflation hedge and due to the lower yields in bonds.
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5 days ago |
thestreet.com | Anushka Basu |Robert Powell
The crypto market took a breather on Monday, as Bitcoin and major altcoins showed minor declines over the past 24 hours. Federal Reserve Chair Jerome Powell unveiled the central bank's monetary policy framework for 2025 Monday morning. The framework was reviewed with the understanding that significant changes have occurred in the economy since the Fed's previous major reevaluation in 2020, and that the Fed must recalibrate its strategies, tools, and communications.
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5 days ago |
thestreet.com | Anushka Basu |Robert Powell
Michael Saylor, Executive Chairman of Strategy (Nasdaq: MSTR) ,previously MicroStrategy, said he was "really very pleasantly surprised" by Trump Media's recent acquisition of Bitcoin and called it an "incredible, courageous, aggressive, and intelligent move." At the Bitcoin conference in Las Vegas, Saylor spoke to CNBC about the Nakamoto Holdings announcement and drew attention to a spate of institutional adoption, including capital inflows from SoftBank and Tether, which he described as a...
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6 days ago |
thestreet.com | Anushka Basu |Robert Powell
On Sunday, Bitcoin rose 0.21% to $104,751.18, with business remaining optimistic ahead of U.S. President Donald Trump's expected discussions with Chinese President Xi Jinping over trade disputes involving critical minerals. Trump alleged Friday that China had violated a joint commitment to lessen tariffs and restrictions.
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