Wall Street’s ‘Buy’ Rating on Strategy Amidst Massive Stock Issuance for Bitcoin Acquisition
Strategy has garnered one of the strongest endorsements from Wall Street analysts, receiving a consensus ‘Strong Buy’ rating with an average target price suggesting a 155% potential increase. This is…
CFTC Chairman Mike Selig Asserts Agency’s Exclusive Rights Over Prediction Markets
In an interview with CoinDesk, Commodity Futures Trading Commission (CFTC) Chair Mike Selig reiterated his agency’s stance of maintaining ‘exclusive regulatory authority’ over prediction markets. He emphasized that the CFTC…
Coinbase Custody Dominates Bitcoin ETF Market, Raising Concerns Over $74 Billion Exposure
The growing reliance of Wall Street on Coinbase for Bitcoin ETF custody raises questions about the concentration risk in this sector. After two years promoting a regulated version of Bitcoin…
DeFi’s Current Phase: A Stress Test Rather Than a Downfall
The announcement by ZeroLend in February, after three years of operation, that it would shut down due to thin margins and security vulnerabilities, is emblematic of the challenges facing the…
Run Claude Opus AI Locally with Qwopus: A Developer’s Dream Solution
Claude Opus 4.6 is an advanced AI that mimics human-like comprehension, planning, reasoning, and code execution. However, it remains locked behind Anthropic’s API, requiring payment per token used. Unfazed by…
SEC Revisits Crypto Enforcement, Acknowledges Overreach
In a shift of strategy, the SEC’s 2025 review acknowledged that its previous aggressive stance on cryptocurrency enforcement was excessive. This week marked the publication of an introspective report indicating…
Bitcoin Potentially Establishing Support at $65,000 Amid Market Adjustments
Jurrien Timmer of Fidelity Investments describes the current market climate as ‘another wild ride,’ with each week presenting increasingly bizarre headlines. Despite the volatility, he maintains a cautiously optimistic outlook…
Oil Futures Rise 7% Amid Trump’s Naval Blockade Order in Hormuz
Following President Donald Trump’s directive for a naval blockade of the Strait of Hormuz, oil futures experienced a significant uptick on Hyperliquid. This development occurred after Iran declined to abandon…
Market makers are transitioning away from public blockchains to safeguard their trading strategies
Major traders face a challenge: maintaining discretion in their activities to avoid influencing market prices or exposing long-term plans. In traditional equity markets, this has been possible for decades through…
Bitcoin Drops Below $71,000 Amid U.S. Strait of Hormuz Blockade Announcement
In the early morning hours of Sunday in the United States, cryptocurrency prices faced additional downward pressure following President Trump’s declaration to blockade the Strait of Hormuz. “Effective immediately, the…