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In the process of giving up on the chance of any Federal Reserve rate cuts in 2025, investors Thursday got a modest dovish surprise from Atlanta Fed President Raphael Bostic. “I view the employment outlook as stable, but signs of slowing are accumulating,” said Bostic in an essay. He noted that it’s become harder for…
Microstrategy, now rebranded as Strategy, is raising $2 billion to fuel its next major bitcoin acquisition, doubling down on its position as the largest corporate holder of BTC. https://static.news.bitcoin.com/wp-content/uploads/2025/02/strategy-bitcoin-buy-2b.jpg 2025-02-20 16:35:54
Coinbase (COIN) CEO Brian Armstrong threw an unexpected perspective into the crypto conversation, arguing that even Bitcoin is “somewhat a meme coin.” His reasoning? Bitcoin’s value isn’t solely built on technology or utility—it’s driven by a powerful community narrative, much like meme coins. He pointed out that, at its core, Bitcoin has no central authority…
** Shares of Strategy MSTR, co formerly known as MicroStrategy, up 1.5% at $323.40 premarket after securing capital raise to load up on more bitcoin ** Tysons Corner, Virginia-based software firm announces pricing of $2 bln 0% 5-yr convertible bond offering ** Initial conversion price of $433.43 represents 35% premium to the VWAP of MSTR…
By Francisco Rodrigues (All times ET unless indicated otherwise) Crypto traders are deleveraging after Wednesday’s FOMC minutes showed the Fed is looking to hold rates steady until inflation improves and discussed pausing or slowing the balance sheet runoff. Still, the yield on the 10-year Treasury dropped and the dollar weakened. Cryptocurrencies are higher, with the…
BTC started making a breakout above key descending structure which could be an early sign of the new bull phase coming. [og_img] 2025-02-20 11:48:46
Bitcoin has posted slight gains over the past 24 hours as investors digest the Fed’s cautious stance on inflation and interest rate policy. [og_img] 2025-02-20 11:59:03