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U.S.-Japan intervention revives yen carry trade fears for bitcoin

U.S. Treasury Secretary Scott Bessent confirmed Sunday that the U.S. joined Japan in coordinated foreign exchange intervention last Friday, calling it a move to counter "disorderly yen movements." The USD/JPY pair almos…

2 min read

US construction spending unexpectedly falls in June

The value of construction put in place unexpectedly fell 0.3% m/m in January to a seasonally adjusted annual rate of $2,190.4 billion, the first m/m fall since October, after upwardly revised gains of 0.8% in December (…

4 min read

Inflation – Back in Focus?

In our latest weekend video, Inflation – Back in Focus?, Chief Investment Strategist Fritz Folts and CEO/CIO Steve Cucchiaro revisit inflation, a topic many investors thought was fading into the background. With Federal…

1 min read

What Advisors Should Know About Trump Accounts

Trump Accounts are among the newest additions to the savings landscape, and while the name has generated headlines, advisors may find that the greater opportunity lies in how these accounts fit into long-term financial …

4 min read

Strategy Sells $105M in Bitcoin as Dollar Reserve Hits $4B

Strategy sold 1,638 BTC for $104.7 million in the week to Aug 2, according to an 8-K filed Monday, cutting its Bitcoin stack to 842,138 BTC from the 843,775 it had held since early July. The coins went at an average of …

3 min read

BitMine ($BMNR) Adds 10,399 ETH, Ethereum Holdings Near 5.8 Million

BitMine added 10,399 ETH over the past week, increasing its total Ethereum holdings to 5,797,813 ETH, representing about 4.8% of the circulating supply. The company has staked 4,917,189 ETH, or roughly 85% of its holdin…

1 min read

Strategy Sells $102 Million Worth of Bitcoin

Michael Saylor's Strategy has sold another portion of its massive Bitcoin treasury, offloading 1,637 BTC worth approximately $102.3 million last week.

1 min read

Strategy sold 1,638 bitcoin last week

Strategy sold 1,638 Bitcoin and issued 3 million new shares, directing proceeds into a $4 billion cash reserve rather than buying more Bitcoin.

3 min read