BTC has taken quite the hit since its 126K all-time high. The most recent drop took us to 80K in spectacular fashion as billions in leveraged positions were wiped out. And then after the dust had settled, Tradfi does the most tradey thing ever.Vanguard, the second largest asset manager in the world, reversed its anti-crypto stance and told its 50 million plus clients they could start trading crypto ETFs and crypto linked funds on its platform. Right on Q. So, did weak hands just hand over their coins to Wal ...

You note that among the U.S. and Canadian listed companies that became debts, the median stock price has fallen this year. That's according to data compiled by Bloomberg. Bitcoin, by comparison, down just around 6% since the beginning of the year.Why such a big disconnect. Is it all about the leverage. Hi.Yes. So a lot of it is leverage. So these companies, in order to buy the cryptocurrencies that they're holding, a lot of them issued debt to do this.So that means that the leverage that that debt gave them ...

TP’d a chunk of leverage on this pop.. nearly 8% pop on ETH in 2 hoursFOMC tomorrowBitcoin & ETH are both trading at yearly opens - ideally we see a reclaim and positive news tomorrow ...

Core Insights - American Express Company (AmEx) operates a unique business model by carrying loans on its own balance sheet, unlike Visa and Mastercard, which utilize asset-light networks. This allows AmEx to leverage borrowed capital to enhance earnings while maintaining a significant liquidity reserve for protection during tighter credit conditions [1][2] Financial Metrics - AmEx's long-term debt-to-capital ratio is 64.1%, exceeding the industry average of 43.5%. As of September 30, 2025, long-term debt was $57.8 billion, with short-term borrowings of $1.4 billion. Cash and cash equivalents increased to $54.7 billion from $40.6 billion at the end of 2024, indicating a strong liquidity position [2] - The forward price-to-earnings ratio for AmEx is 20.80X, lower than the industry average of 24.32X. The Zacks Consensus Estimate for AmEx's 2025 earnings is $15.43 per share, reflecting a 15.6% increase from the previous year [9][10] Customer Acquisition Strategy - AmEx is focusing on acquiring Gen Z and Millennial customers, issuing 3.2 million new proprietary cards in the third quarter, with 64% of these going to younger demographics. This strategy aims to cultivate future premium cohorts with higher lifetime values rather than pursuing mass volume [3][7] Risk Management - The company employs a risk management strategy that includes lower initial credit limits, leveraging behavioral data from its closed-loop network, and gradual underwriting processes. This approach allows AmEx to treat slightly higher seasoning losses as investments in long-term customer value [4] Competitive Advantage - AmEx differentiates itself from Visa and Mastercard by deeply integrating into the hospitality journey, enhancing customer experiences through partnerships and curated services. This strategy fosters emotional loyalty among consumers, particularly younger ones, strengthening AmEx's premium brand identity [5][7] Stock Performance - AmEx shares have increased by 22.1% year-to-date, contrasting with a 3.7% decline in the industry [6]

THIS GUY IS LONG $300M OF CRYPTO ON 6X LEVERAGEThis whale "0xBADBB" is using 2 accounts to long a total of $314.23M of ETH, HYPE and XRP.He is currently long:$189.55M ETH$79.22M XRP$45.85M HYPEHowever, he’s currently down a total of $20.46M. Will BADBB make it all back? https://t.co/iIAErFAiEF ...

🚨 ALERT: Galaxy warns Bitcoin treasury firms are now in a harsh “Darwinian phase” as collapsing premiums flip leverage into heavy losses. https://t.co/tABW8kEH93 ...

The world’s largest corporate owner of bitcoin demonstrates the risks of taking on leverage to purchase enormous quantities of a volatile asset https://t.co/vmseUTuOMY ...

RT Carrot (@DeFiCarrot)Leverage you can hold with confidence.Introducing Turbo.• Amplified exposure to SOL and BTC• Protected from liquidation• Automated rebalancing• Feels like holding spot, performs like leverageThe public beta is now live 🧵... ...

HE RISKED HIS ENTIRE $10M ACCOUNT ON 3X LEVERAGEWhale trader 0xBd8c is long $30M of HYPE on Hyperliquid, with $10M in his account as margin. He is already up $2.5M, with a liquidation price at $22.5 HYPE.Will he cash out, or let it run? https://t.co/l2aY2QleOO ...

Core Insights - Norwegian Cruise Line Holdings Ltd. (NCLH) shares have declined by 31.8% over the past year, significantly underperforming the industry decline of 8.2% and the S&P 500's gain of 15.1% [1] - The stock closed at $18.83, which is below its 52-week high of $29.29 and above its 52-week low of $14.21 [1] Price Performance - Royal Caribbean Cruises Ltd. (RCL) has shown better performance with a 5.8% gain over the past year, while Carnival Corporation & plc (CCL) and OneSpaWorld Holdings Limited (OSW) experienced declines of 1.6% and 0.3%, respectively [2] Operational Performance - Despite mixed stock performance, Norwegian continues to report strong operational results and strategic advancements [6] - The company has achieved record revenues and EBITDA, along with strong booking trends [7] Challenges Facing the Company - Pricing dilution is a major concern due to a shift towards family-heavy bookings, which typically come at lower price points, affecting blended pricing [8] - Elevated leverage is another pressure point, with net leverage exceeding 5x, partly due to new ship deliveries [10] - The competitive environment in the Caribbean and unpredictable booking patterns add to the challenges [11] - Macro uncertainties, including government shutdown concerns, create additional headline risks [12] Positive Factors Supporting Growth - Consumer demand remains robust, with third-quarter 2024 bookings up over 20% year-over-year, indicating strong travel demand [14] - The strategic shift towards family segments and enhancements at the private island, Great Stirrup Cay, are expected to drive yields and margins [15] - The company is focused on cost discipline and margin expansion, with operational EBITDA margins improving significantly [16] - New luxury and contemporary ships are anticipated to boost yields and attract high-value travelers [17] Earnings Estimates - Analysts have revised earnings estimates downward, with current and next fiscal year estimates at $2.09 and $2.65 per share, reflecting year-over-year growth rates of 14.8% and 27.2%, respectively [18] Valuation - NCLH is currently valued at a discount compared to the industry, with a forward 12-month P/E ratio of 7.21, lower than the industry's 15.78 and the S&P 500's 23.44 [20] Conclusion - The recent stock weakness for Norwegian appears to be more related to short-term factors rather than a decline in fundamentals, with healthy demand and strong brand momentum [22] - Existing shareholders may find value in the company's steady booking trends and disciplined cost management, while new investors may want to wait for improved pricing visibility and balance sheet conditions [23]