Bitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion

Bitcoin’s latest plunge triggered heavy liquidations among recent long positions. Certain metrics now suggest buyers’ confidence is diminishing. In fact, Alphractal founder and CEO Joao Wedson believes that Bitcoin appears…

Continue ReadingBitcoin’s (BTC) Late-Stage Rally Is a Trap for New Buyers as Expert Warns Cycle Exhaustion

Strive bets $675 million to acquire Bitcoin treasury company at 200% premium to stock price

Asset manager Strive has reached an agreement to purchase Bitcoin-focused Semler Scientific in a fully equity-based rather than cash-based deal. Under the terms announced Sept. 22, each Semler Scientific share…

Continue ReadingStrive bets $675 million to acquire Bitcoin treasury company at 200% premium to stock price