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Metplanet valued at three-month high relative to bitcoin holdings after MSCI decision
Yahoo Finance· 2026-01-07 10:01
Digital asset treasury company Metaplanet (3350) rose 4% in Tokyo on Wednesday after index provider MSCI decided not to exclude firms building cryptocurrency stockpiles from its global indexes. Metaplanet is now up 20% since the start of the year. The rally means company is valued at a premium to its bitcoin holdings, with a multiple to net asset value (mNAV) of around 1.25, the highest level since before October's plunge in crypto prices, according to the company’s dashboard. The decision ended months ...
Stock market today: Dow, S&P 500, Nasdaq edge down with eyes on Trump's Venezuela oil deal, looming jobs data
Yahoo Finance· 2026-01-07 00:23
Market Overview - US stock futures are trending lower as investors react to a deal for Venezuela to send oil to the US and await new jobs data [1][3] - Nasdaq 100 futures fell by 0.3%, S&P 500 futures decreased by 0.1%, and Dow Jones Industrial Average futures remained flat after closing above 49,000 for the first time [2] Oil Market Impact - President Trump announced that Venezuela will send up to 50 million barrels of crude oil to the US, valued at $2.8 billion, which has raised concerns among investors [3] - Following this announcement, crude oil prices fell, with West Texas Intermediate futures trading below $57 per barrel and Brent crude dropping toward $60 [4] Economic Data Focus - Attention is shifting to upcoming economic releases, particularly the ISM reading on US services activity and ADP's December update on private sector employment, which is expected to show modest growth [5][6] - The December jobs report, set to be released on Friday, is viewed as a critical indicator of whether the economy is cooling enough to prompt changes in Federal Reserve policy [7] Technology Sector Insights - The CES 2026 show is generating discussions around the technology sector, particularly regarding Nvidia, with analysts divided on its future potential [8] - Mobileye's stock rose by 11% after announcing the acquisition of humanoid robotics startup Mantee Robotics for $900 million [10] China Stock Market Projections - Goldman Sachs forecasts a 20% increase in Chinese stock benchmarks for 2026, driven by earnings growth supported by AI and policy measures [11] - The MSCI China Index is projected to reach 100 by the end of 2026, while the CSI 300 Index is expected to rise to 5,200, reflecting confidence in ongoing earnings expansion and new growth drivers [12]
DEFT LAWSUIT ALERT: Levi & Korsinsky Notifies DeFi Technologies Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2026-01-06 14:00
Core Viewpoint - A class action securities lawsuit has been filed against DeFi Technologies, alleging securities fraud that affected investors between May 12, 2025, and November 14, 2025 [1]. Group 1: Allegations of Fraud - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the Company [2]. - It is alleged that DeFi Technologies understated the competition from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [2]. - The complaint states that due to these issues, the Company was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [2]. - Defendants are accused of downplaying the negative impact of these issues on DeFi Technologies' business and financial results, leading to materially false and misleading public statements [2]. Group 2: Legal Process and Participation - Investors who suffered losses in DeFi Technologies during the relevant time frame have until January 30, 2026, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4].
Bitcoin eyes $94,000 as crypto prices manage early U.S. gains for second straight session
Yahoo Finance· 2026-01-05 15:56
Market Overview - Crypto prices are experiencing strength as traders return to risk assets following the capture of Venezuela's Nicolas Maduro, marking a notable change from late 2025 when the sector consistently pulled back during U.S. trading hours [1] - Traditional markets are also posting gains, with the Nasdaq climbing over 1% and precious metals like gold and silver rising by 2.8% and 8% respectively [5] Bitcoin and Altcoin Performance - Bitcoin (BTC) has rallied nearly 1% since the U.S. stock market opened, reaching nearly $94,000, which is a 3% increase over the past 24 hours and the highest level since early December [4] - Other cryptocurrencies such as Ether (ETH) and XRP have shown similar upward trends, while Solana (SOL) is up 1%. Dogecoin (DOGE) has seen a modest decline over the past 24 hours but remains 20% higher over the past week, leading to increased ETF inflows [4] Demand Indicators - The Coinbase Bitcoin Premium Index has significantly increased in the first week of 2026, indicating a rebound in U.S. demand. The index had previously fallen to its lowest level in nine months on January 1, when Bitcoin was trading around $88,000, with a reading of minus 0.018% [2] - The premium has improved to around minus 0.03%, suggesting that U.S. capital flows are beginning to return [3] Key Levels and Market Sentiment - The $95,000 mark is identified as a critical level for Bitcoin, with market analysts awaiting confirmation during the U.S. session to determine if the late-2025 pattern of U.S. selling will reverse [6] - If Bitcoin and Ether maintain their positions above key levels during the U.S. session, systematic buyers may enter the market, potentially adding to the momentum [7] Digital Asset Treasury Companies (DATs) - Digital asset treasury companies (DATs) are experiencing significant gains, with Strive (ASST) reporting a purchase of 101.8 BTC in Q4, increasing its total holdings to 7,626 BTC valued at approximately $708 million [8]
DeFi Technologies Class Action: The Gross Law Firm Reminds DeFi Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 30, 2026 - DEFT
Prnewswire· 2026-01-05 14:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of DeFi Technologies (NASDAQ: DEFT) about a class action lawsuit due to allegations of misleading statements and failure to disclose critical business challenges during a specified class period [1][2]. Group 1: Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [1]. - It is claimed that DeFi Technologies understated the competition from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [1]. - The company is unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to the aforementioned issues [1]. - Defendants allegedly downplayed the severity of the negative impacts on DeFi Technologies' business and financial results [1]. - Public statements made by the defendants were materially false and misleading throughout the class period [1]. Group 2: Class Action Details - The class period for the lawsuit is from May 12, 2025, to November 14, 2025 [1]. - Shareholders are encouraged to register for the class action by January 30, 2026, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. Group 3: About The Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
Breaking: Michael Saylor’s Strategy Buys 1,286 BTC, Increases USD Reserve To $2.25B
Yahoo Finance· 2026-01-05 13:13
Core Viewpoint - The company has continued to increase its Bitcoin holdings, acquiring 1,286 BTC for $116 million as Bitcoin surpassed $90,000, ahead of a significant MSCI decision regarding digital asset treasury companies [1][2][5]. Group 1: Bitcoin Acquisition - The company acquired 1,286 BTC for $116 million at an average price of $88,568 per Bitcoin, with earlier purchases of 3 BTC at an average price of $88,210 [2]. - The company purchased 1,283 BTC between January 1 and 4 for $116 million at an average price of $90,391 [2]. - The total Bitcoin holdings now amount to 673,783 BTC, acquired for $50.55 billion at an average price of $75,026 per BTC [4]. Group 2: Financial Performance - The company has increased its USD reserve by $62 million to $2.25 billion, which is intended to support dividend payments on preferred stock and interest on debts [8]. - The stock price of the company has risen over 4% in premarket trading, currently trading around $164, up from last week's close of $157 [3][6]. Group 3: Market Context - Bitcoin has surged to as high as $93,000 at the start of the year, with a year-to-date gain of approximately 6% [5]. - The upcoming MSCI decision will determine if digital asset treasury companies are classified as investment funds, which could risk delisting and lead to potential outflows of up to $2.8 billion [7].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of January 30, 2026 in DeFi Technologies Lawsuit – DEFT
Globenewswire· 2025-12-31 21:15
Core Viewpoint - The Gross Law Firm is notifying shareholders of DeFi Technologies (NASDAQ: DEFT) about a class action lawsuit due to alleged misleading statements and omissions that negatively impacted the company's stock value during the specified class period [1][3]. Group 1: Allegations - The complaint alleges that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [3]. - It is claimed that DeFi Technologies understated the competition from other digital asset treasury companies, affecting its ability to execute its DeFi arbitrage strategy [3]. - The company is unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to the aforementioned issues [3]. - Defendants allegedly downplayed the severity of the negative impacts on DeFi Technologies' business and financial results [3]. - Public statements made by the defendants were materially false and misleading throughout the class period [3]. Group 2: Class Action Details - The class period for the lawsuit is from May 12, 2025, to November 14, 2025 [3]. - Shareholders are encouraged to register for the class action by January 30, 2026, to potentially be appointed as lead plaintiffs [4]. - There is no cost or obligation for shareholders to participate in the case, and they will receive updates through a portfolio monitoring software [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].
Winklevoss-backed Cypherpunk buys $28 million of zcash, now owns 1.7% of supply
Yahoo Finance· 2025-12-31 09:50
Core Viewpoint - Cypherpunk Technologies has significantly increased its investment in privacy coin zcash, reflecting a strategic focus on accumulating a substantial share of the network amid a positive market sentiment for privacy-focused digital assets [1][2][3] Company Summary - Cypherpunk Technologies purchased $28 million worth of zcash (ZEC), raising its total holdings to 290,062 ZEC, valued at approximately $152 million [1] - The firm now holds about 1.76% of zcash's circulating supply after acquiring 56,418 tokens at an average price of $514.02 each [1] - The company's average cost per ZEC is $334.41, positioning it as one of the few digital asset treasury firms that remain profitable following a broader market correction [2] Industry Summary - Zcash has experienced a remarkable price increase of over 1,200% since September, driven by a shift in investor sentiment towards privacy coins [2] - Cypherpunk aims to accumulate 5% of the Zcash network, indicating a long-term commitment to the asset and its perceived societal importance [3] - Following the latest purchase, Cypherpunk's shares rose by 11% to $1.31, although they were down approximately 1.5% in pre-market trading [3]
Upexi to Ring the Nasdaq Closing Bell on Monday, January 5th, 2026
Globenewswire· 2025-12-30 13:00
Core Viewpoint - Upexi, Inc. will ring the Nasdaq Closing Bell on January 5, 2026, marking a significant milestone for the company as a leading Solana-focused digital asset treasury company [1][3]. Company Overview - Upexi, Inc. is a digital asset treasury company focused on acquiring and holding Solana (SOL) in a disciplined manner, currently holding over two million SOL [4]. - The company employs three key value accrual mechanisms: intelligent capital issuance, staking, and discounted locked token purchases, aiming to benefit from potential price appreciation of Solana [4]. - Upexi also operates as a brand owner in the development, manufacturing, and distribution of consumer products [4]. Leadership and Ceremony Details - The Nasdaq Closing Bell ceremony will be led by Allan Marshall, CEO of Upexi, along with the leadership team, Board of Directors, employees, and key stakeholders [2][3]. - The event is scheduled for January 5, 2026, from 3:45 PM to 4:00 PM ET at Nasdaq MarketSite in Times Square, New York [3].
DeFi Technologies Class Action: Levi & Korsinsky Reminds DeFi Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 30, 2026 – DEFT
Globenewswire· 2025-12-29 21:34
Core Viewpoint - A class action securities lawsuit has been filed against DeFi Technologies, alleging securities fraud that affected investors between May 12, 2025, and November 14, 2025 [1][2]. Group 1: Allegations and Impact - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [2]. - It is alleged that DeFi Technologies understated the competition from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [2]. - Due to these issues, the company was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [2]. - The defendants allegedly downplayed the severity of the negative impacts on DeFi Technologies' business and financial results, leading to materially false and misleading public statements [2]. Group 2: Legal Process and Participation - Investors who suffered losses in DeFi Technologies during the relevant time frame have until January 30, 2026, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky has a track record of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].