Strive doubles down on bitcoin with $4.2 billion offering Strive has expanded its bitcoin holdings to 19,000 BTC, worth $1.3 billion. The company acquired an additional 2,500 $BTC for ~$185.2M at an average cost of ~$74,092 per bitcoin. Strive has devised a varia
Gold holds near $4,500 as US-Iran talks halt, US Dollar recovers Gold (XAU/USD) advances a modest 0.16% on Tuesday as risk appetite improves after Israel and Hezbollah halted hostilities due to the intervention of US President Donald Trump. The XAU/USD pair trades near the
Copper prices continue to ratchet higher as the tightness in the market that's been predicted for years begins to bite. I've been writing for years that copper is the simplest investment thesis anywhere and it continues to play out according to the script There simp
Commerzbank reports that USD/TWD traded steadily around 31.37, with realised one‑month volatility near 4.5%, lower than several regional peers. Taiwan’s Q1 Gross Domestic Product (GDP) was revised up sharply to 14.6% year-on-year, the strongest since 1987, driven by robust
A screen of energy stocks with market capitalizations below $2B highlights Core Laboratories (CLB), W&T Offshore (WTI) and Deep Yellow (DYLLF) among the market's most expensive names based on valuation grades. The valuation grade compares how expensive or cheap a Newslette
BTC drops 6% in a day, erasing gains since early April, as liquidations surge amid risk-off sentiment in crypto markets. Bitcoin fell below $67,000 for the first time since early April, shedding 6% in a single day as $1.25 billion in crypto positions were liquidated. The d
The decentralized finance protocol ceases operations 18 months after a $50 million hack erased nearly half its locked value. Radiant Capital, a cross-chain DeFi lending protocol, will shut down after failing to recover from a $50 million exploit in October 2024. The attack
Netflix (NFLX) shares are on track to continue losses for seven straight sessions, as the stock fell 1.8% to $84.21 in afternoon trading on Tuesday. The streaming giant lost over 3% in the preceding six sessions Overall, the stock has fallen nearly 10% so far
When discretionary spending gets tight, lifestyle brands are often among the first companies to feel the pullback. Consumers can’t skip out on essentials like car payments or grocery trips, but can easily do without a $50 throw pillow or a $30 kitchen gadget Which i
SpaceX (SPAX.PVT) just got slapped with a bearish valuation ahead of its monster IPO coming up later this month. The report signals that one of the most anticipated offerings in years may be significantly overpriced, just as CEO Elon Musk tries to justify the valuation