Bitcoin’s value plunged 13.6% in March, dropping from $93,379 to $80,610 due to political and market uncertainties. U.S. policy changes and former President Trump’s proposal to create a national Bitcoin reserve influenced market volatility. The inclusion of altcoins like XRP, Solana, and
Strategy, formerly MicroStrategy, aims to raise $21 billion by issuing Series STRK perpetual preferred shares with an 8% yield to acquire Bitcoin and enhance working capital. Series STRK shares, with a liquidation value of $100, offer a fixed 8% annual dividend, determined
Bitcoin’s value has significantly declined, dropping by 7% to $77,416 amid geopolitical and economic uncertainties. The market volatility is influenced by escalating global trade tensions and shifts towards safer assets like government bonds. Other cryptocurrencies such as Solana, Cardano, and XRP also
Dogecoin, originally a meme coin, has surprised the crypto world with its growing market presence. Its current market cap is around $25.5 billion, significantly lower than Bitcoin’s $1.63 trillion. For Dogecoin to match Bitcoin’s market cap, its price would need to increase
Ethereum’s price plummeted nearly 10%, falling below $1,820, threatening a $74 million loan on the Sky lending platform. The borrower initially backed the loan with 65,680 ETH, valued at $130 million, which is at risk of liquidation above $1,900 ETH price. A
Cryptocurrencies are experiencing a downturn, influenced by global economic uncertainty and geopolitical tensions. Bitcoin and Ethereum have dropped, with Bitcoin falling 4.5% and Ethereum nearly 5%, amid trade war concerns and disappointing responses to Trump’s crypto policies. Investors are turning to safer
Bitcoin’s price drops 6%, nearing $78,000, creating market volatility. Ethereum’s value also declines, hitting around $1,900. The BTC Bull Token raises $3.5 million, offering stability against Bitcoin’s volatility. The U.S. launches its first government-endorsed Bitcoin reserve fund using seized assets. Former President
The financial landscape is evolving, reshaping industry dynamics and influencing the broader economy. FP Canada raises accreditation fees for Continuing Education, prioritizing quality in financial planner training amid debates on accessibility. The Royal Bank of Canada discreetly reduces its workforce, aligning with
Cryptocurrency investment products are facing significant outflows, with $876 million withdrawn last week, totaling $4.75 billion over four weeks. Total assets under management have dropped by $39 billion, now standing at $142 billion, indicating reduced investor confidence. Regional differences highlight divergent investor
Bitcoin briefly fell below $80,000, highlighting the cryptocurrency market’s volatility and causing widespread concern. Correlations between Bitcoin’s dip and a struggling equities market were observed, with significant drops in companies like Coinbase, Robinhood, and Strategy. Bitcoin Exchange-Traded Funds (ETFs) experienced substantial outflows,