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Bitcoin teases all time high as Saylor and Trump lead celebration
Yahoo Finance· 2025-10-03 19:24
On Oct 3, Bitcoin came close to a new all-time high, moving near the price point $124,457.12 and pushing its market cap to over $2.46 trillion. On X, MicroStrategy co-founder Michael Saylor ran a poll asking if Bitcoin would end the year above $150,000. Almost 76% agreed Bitcoin could make it to Saylor's price point, as of writing. More news: Meanwhile, Eric Trump posted a video from his company's American Bitcoin event, calling Bitcoin's rally "ripping!". Prediction markets heat up On Kalshi, the pre ...
Should You Invest $1,000 in Dogecoin Right Now?
Yahoo Finance· 2025-10-03 13:35
Core Viewpoint - Dogecoin has experienced a significant price increase of 8,740% over the past five years, but currently trades 66% below its all-time high reached in May 2021, raising questions about whether investors should buy at this dip [1] Group 1: Community and Market Cap - Dogecoin was created in 2013 as a joke to compete with Bitcoin and has built a strong community, leading to a market cap of $35 billion [2] - The sustainability of Dogecoin's community support is questioned, as a small number of active developers may hinder its long-term viability [6] Group 2: Developer Activity - Dogecoin ranks 97th among the top 100 blockchain networks in terms of developer activity, indicating a low probability of critical innovation and advancements [3] Group 3: Investment Perspective - Speculators looking for quick profits may consider Dogecoin, but long-term investors are advised to avoid it, as it may be worth less in the future [4] - The Motley Fool Stock Advisor has identified ten stocks that are believed to offer better investment opportunities than Dogecoin [5]
$12,000 in Crypto Given to New Yorkers — With No Strings Attached
Yahoo Finance· 2025-10-03 10:06
Core Insights - A new initiative in the US involves 160 individuals receiving $12,000 in cryptocurrency over five months, aimed at providing direct financial support to low-income young adults [1][2] Group 1: Program Details - Participants are aged 18 to 30 and based in New York, receiving an initial $8,000 in USDC stablecoin, followed by five installments of $800 each [2] - The program is a collaboration between Coinbase and GiveDirectly, which has distributed $95.5 million to over 140,000 people in the past year [1] Group 2: Objectives and Benefits - The primary aim is to enhance financial wellbeing, housing stability, and educational opportunities for participants [2] - The initiative also seeks to evaluate the effectiveness of larger lump sum payments and the efficiency of USDC in terms of delivery and administrative costs [2][3] - Early advantages noted include faster cash access for recipients due to the nature of USDC payments [2] Group 3: Cost Efficiency - The cost of issuing USDC payments is minimal, with only $0.26 spent to issue the first 160 $800 payments, making it significantly cheaper than traditional prepaid debit cards [3] - Cost savings allow for more funds to be directed to recipients [3] Group 4: Flexibility and Financial Inclusion - Participants were informed about potential downsides of investing in volatile cryptocurrencies, but they are not restricted from converting USDC into other cryptocurrencies [4] - The program offers flexibility, allowing recipients to transfer funds to bank accounts, use a Coinbase debit card, or keep funds in a wallet earning 4.1% interest [4]
Upexi(UPXI) - Prospectus(update)
2025-10-01 22:12
S-1/A 1 upxi_s1a.htm FORM S-1/A As filed with the U.S. Securities and Exchange Commission on October 1, 2025 Registration No. 333-288822 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1/A Amendment No. 6 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 UPEXI, INC. (Exact name of registrant as specified in its charter) Delaware 5900 83-3378978 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. ...
Strategy Acquires 196 BTC, Analysts See Buyers in Stress
Yahoo Finance· 2025-09-29 15:31
Strategy (MSTR), the world’s largest corporate Bitcoin holder, has added to its massive reserves despite BTC’s brief drop to $108,000. The company announced the purchase of 196 BTC for roughly $22.1 million at an average price of $113,048 per coin, bringing its total holdings to 640,031 BTC, worth about $47.35 billion at an average cost of $73,983 per BTC. A smaller but strategic addition The acquisition, funded through common stock issued under an at-the-market (ATM) program and perpetual preferred sto ...
Brutal Selloff: 5 Biggest Losers—and What’s Behind the Plunge
Financial Modeling Prep· 2025-09-26 22:00
Price Movements and Company Developments - Smart Digital Group Limited (NASDAQ:SDM) has seen a dramatic price drop of approximately 86.93%, falling to $1.77 from a year high of $29.4, with plans to create a diversified cryptocurrency asset pool focusing on major cryptocurrencies like Bitcoin and Ethereum [2] - Pop Culture Group Co., Ltd (CPOP) experienced a price decrease of 54.15%, moving down to $0.93, with increased trading volume suggesting growing investor interest or concern, despite no recent updates explaining the decline [3] - EUDA Health Holdings Limited (EUDAW) faced a 37.16% price fall to $0.08, with notably low trading volume indicating a lack of significant investor engagement and possible uncertainty [4] - Kuke Music Holding Limited (NYSE:KUKE) saw a 34.74% decrease in stock price to $0.77, despite acquiring a controlling interest in Naxos Music Group, with increased trading activity possibly linked to market sentiment [5] - Universal Safety Products, Inc. (NYSE American:UUU) experienced a 32.86% drop in stock price to $4.25, while declaring a one-time special cash dividend of $1.00 per share, with higher trading volume indicating a shift in investor sentiment [6] Market Dynamics and Investor Sentiment - The significant price movements among these companies appear to be influenced by a combination of market dynamics, investor sentiment, and possibly undisclosed internal developments [7]
FTX sues crypto miner Genesis Digital Assets for $1.15B
Yahoo Finance· 2025-09-25 09:51
Core Points - The FTX Recovery Trust has initiated a lawsuit against Genesis Digital Assets for $1.15 billion, aiming to recover funds from a significant investment made by former FTX CEO Sam Bankman-Fried [1][2] - Bankman-Fried's investment in Genesis Digital Assets, which is based in Kazakhstan, occurred between October 2021 and April 2022, and was characterized by "flagrant misrepresentations and overlooked red flags" [2][5] - The lawsuit highlights that Bankman-Fried's investment decisions were based on unreliable financial information and failed to consider Kazakhstan's energy issues, which were exacerbated by an influx of cryptocurrency miners [3][5] Investment Details - Bankman-Fried's initial investment in Genesis Digital Assets was $100 million, which later increased significantly due to a perceived "insane and off-market" valuation [4] - Following regulatory changes in Kazakhstan that limited energy usage for crypto mining, Genesis Digital Assets sought additional funding to relocate operations to the U.S. [4] - The lawsuit claims that over half of the invested funds were diverted to the personal accounts of GDA co-founders, allowing them to benefit personally while the company struggled [5] Recovery Efforts - The FTX Recovery Trust is actively working to recover investments made by FTX to reimburse creditors, having distributed approximately $6 billion between February and May of this year, with an additional $1.6 billion planned for disbursement this month [6]
Solana Hits Breaking Point as Liquidations Surge, Long-Time Holders Exit
Yahoo Finance· 2025-09-23 12:30
Core Insights - Solana is experiencing increased selling pressure as long-term holders distribute their assets, indicating a decline in confidence regarding the altcoin's short-term prospects [1][5] - The surge in long liquidations in the SOL futures market has further dampened market sentiment, discouraging potential buyers [1][6] Group 1: Long-Term Holder Activity - Data from Glassnode indicates a rise in SOL's Liveliness, reaching a 30-day high on September 21, suggesting increased movement of previously dormant tokens [2] - The increase in Liveliness points to profit-taking behavior among long-term investors, as more long-held tokens are being sold [3][4] - The negative trend in SOL's Hodler Net Position Change, which has been consistently negative since August 27, reinforces the bearish outlook for the altcoin [3][5] Group 2: Market Sentiment and Price Predictions - The bearish sentiment is exacerbated by a significant rise in long liquidations, which accounted for 97% of all positions wiped out in Solana's derivatives market, marking a year-to-date high [6] - This wave of liquidations is likely to further erode confidence among bullish traders, potentially driving SOL's price below $200, with a target of $195.55 [6][7] - Conversely, if new demand enters the market, there is potential for SOL's price to recover and rise to $248.50 [8]
AgriFORCE Stock Soars 135% On Rebrand To AVAX One, $550Mln Fundraising Plan
RTTNews· 2025-09-22 17:19
Core Viewpoint - AgriFORCE Growing Systems Ltd. will be renamed AVAX One and aims to raise approximately $550 million to become a NASDAQ-listed company focused on maximizing ownership of the Avalanche token [1]. Group 1: Stock Performance - The stock surged 135.27 percent to $5.67, gaining $3.26 after the announcement [1]. - The stock opened at $7.30 and traded between $5.10 and $8.99, compared to a previous close of $2.41 on the Nasdaq [1]. Group 2: Trading Volume - Trading volume spiked to 109.30 million shares, significantly above the average of 0.53 million shares [2]. - AgriFORCE has a 52-week trading range of $2.20 to $102.60 [2].
Why Ethereum Is Down 6.8% Today
Yahoo Finance· 2025-09-22 16:24
Group 1 - Ethereum's price has decreased by 6.4% in 24 hours and 6.8% since Sunday afternoon, reflecting a broader slump in the cryptocurrency market [1][2] - The price drop is attributed to profit-taking by investors following recent gains, despite the cryptocurrency trading near all-time highs [2][3] - A wave of liquidations occurred over the weekend as traders faced the expiration of leveraged positions, largely converting paper profits into cash [3][4] Group 2 - The liquidation event was influenced by the announcement of lower federal interest rates, marking the first cut since December 2024 [4][9] - Despite the recent drop, Ethereum has seen an 88% increase over the past year, indicating strong long-term value [6][9] - Ethereum remains a strong long-term investment option, with expectations of recovery alongside the broader crypto market [7][9]