Demand for bitcoin as a corporate treasury asset is once again concentrated in Michael Saylor's Strategy as the company steps up its bitcoin buying pace.The craze of public companies that once sought to mimic Strategy by stocking up on bitcoin as a company treasury asset were the essence of the crypto market last summer. But today, as bitcoin's price struggles for a sixth consecutive month, corporate treasury bitcoin buying has almost completely disappeared for all but Strategy itself, according to crypto d ...

Stock Market Today: Dow Falls As Trump Warns Iran To 'Get Serious'; Oil Prices Surge| Investor's Business Daily TRENDING: SpaceX Isn't The Only Giant Eyeing An IPO Ahead of the opening bell, Dow Jones futures dropped 0.8%, as S&P 500 futures also lost 0.8%. Tech-heavy Nasdaq 100 futures moved down 1% in early morning trading. X Get exclusive IBD analysis and actionable news daily. SIGN UP NOW! Trump's Iran Warning Futures for the Dow Jones Industrial Average and other major stock indexes traded lower ...

The move allows home buyers to pledge bitcoin and other cryptocurrencies when making a down payment. ...

GameStop celebrates its first birthday as a company that can hold bitcoin as a treasury asset, by saying it booked a more than $130 million loss on its digital assets last year. ...

Stock Market Today: Dow Rallies On Trump Peace Plan; Oil Prices Dive | Investor's Business Daily BREAKING: Futures Rise, Oil Prices Fall On Iran Deal Hopes Futures for the Dow Jones Industrial Average and other major stock indexes traded higher ahead of Wednesday's market open after the U.S. sent a peace plan to Iran. Meanwhile, oil prices took a dive on the stock market today. Ahead of the opening bell, Dow Jones futures rose 1.1%, as S&P 500 futures gained 1%. Tech-heavy Nasdaq 100 futures rallied 1.2% in ...

JUST IN: Michael Saylor's Strategy purchased 1,031 bitcoin for $76.6 million 🚀 https://t.co/gkh7RcQnnt ...

Core Insights - Wealth managers are increasingly reconsidering their stance against cryptocurrencies due to rising interest from clients [1] - A common strategy among wealth managers is to allocate a maximum of 5% of client portfolios to cryptocurrencies to manage associated risks [1] Group 1 - The growing curiosity about cryptocurrencies among clients is prompting wealth managers to adapt their investment strategies [1] - Many wealth managers are implementing a 5% rule, allowing clients to invest up to 5% of their portfolios in cryptocurrencies as a risk management measure [1]

RT Bitcoin Well (@bitcoinwell)Buying a coffee with bitcoin triggers a capital gains calculation.The IRS wants you to track every sat. Congress could fix this tomorrow with a de minimis exemption.They won't. ...

Core Viewpoint - Citigroup has reduced its 12-month price forecasts for bitcoin and ethereum due to stalled U.S. legislative progress, which limits potential regulatory catalysts that could enhance ETF-driven demand and institutional adoption [1][2]. Price Forecasts - The 12-month bitcoin price forecast has been lowered to $112,000 from $143,000, while the ethereum estimate has been adjusted to $3,175 from $4,304 [2]. - Current trading prices are approximately $74,298.11 for bitcoin and $2,345.51 for ethereum [3]. Market Conditions - Under a recessionary macro backdrop, bitcoin could potentially drop to $58,000 and ether to $1,198, while a bullish scenario could see bitcoin rise to $165,000 and ether to $4,488 [3]. - Bitcoin is expected to trade within a range, with $70,000 identified as a significant price level ahead of the U.S. elections [6]. Legislative Environment - Progress on U.S. crypto market-structure legislation has stalled, particularly regarding the Clarity Act, due to disagreements on stablecoin regulations and a diminishing window for approval by 2026 [2][4]. - The likelihood of passing a crypto bill may decrease if Democrats gain seats in the upcoming mid-term elections, as they are more divided on cryptocurrency regulations [4][5]. User Activity and Market Trends - Ethereum's performance is particularly sensitive to user activity metrics, which have recently shown weakness; however, trends in stablecoins and tokenization may drive renewed interest and usage [4].

Core Viewpoint - The decline in bitcoin prices earlier this year negatively impacted Strategy's stock, but the subsequent recovery has been significantly influenced by the rebound in bitcoin prices [1] Group 1 - The initial drop in bitcoin prices was identified as a "bug" that affected Strategy's stock performance [1] - The recovery in Strategy's stock is attributed to the increase in bitcoin prices following the February low [1]