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Coinbase (COIN) has its own strategy for BTC on the corporate balance sheet, but it’s not a bitcoin maximalist play like that of Michael Saylor’s Strategy (MSTR). On the company’s first quarter 2025 earnings call, CFO Alesia Haas revealed that Coinbase purchased $150 million in crypto, “predominantly bitcoin,” bringing its long-term investment portfolio to $1.3 billion, or 25% of net cash. Haas, however, went out of her way to draw a line between Coinbase and firms that explicitly tie their corporate identity to holding bitcoin on the balance sheet. “To be clear, we’re an operating company,” she said. “But we…

Amid signs of improvement in the global trade situation, Bitcoin just hit $100,000 again. Gains for Bitcoin could be fleeting if there is not substantial improvement in the overall macroeconomic outlook. If history is any guide, Bitcoin could be nearing the end of the bullish phase of its four-year cycle. 10 stocks we like better than Bitcoin › On news of positive developments on the global trade front, Bitcoin (CRYPTO: BTC) once again regained the $100,000 price level. The euphoria in the crypto market was palpable, and just about every top cryptocurrency moved higher as soon as the first trade…

U.S. President Donald Trump announces the NFL draft will be held in Washington, at the White House in Washington, D.C., U.S., May 5, 2025.Leah Millis | ReutersAs negotiations ramp up for President Donald Trump’s tax agenda, there are key issues to watch, according to policy experts.   The House Ways and Means Committee, which oversees taxes, released a preliminary partial text of its portion of the bill on Friday evening. However, the bill could change significantly before the final vote. The full committee will debate and advance this legislation on Tuesday.With control of the White House and both chambers of Congress, Republican…

Bitcoin pushed past the six-figure mark for the first time in over two months, coming within a hair of $104,000 in early Asian hours Saturday, as crypto markets staged a sharp rebound on improving macro sentiment and Ethereum’s latest network upgrade. Dogecoin (DOGE) led altcoin gains with a 10% rally, while ether (ETH) rose 3.5% following the successful implementation of its long-awaited Pectra upgrade, bringing weekly gains over 30%.Other majors including Solana (SOL), Cardano (ADA), xrp (XRP) and BNB Chain’s BNB rose between 2-6%, driven by a shift in investor sentiment from caution to risk-on. The move follows a string…

Kaia Matheny (left) and Nora Lamphiear (right), co-owners of Adrift Restaurant in Anacortes, Washington.Kaia Matheny.Anacortes, a small coastal town in Washington state, typically bustles with tourists during the summer months.But local business owners like Kaia Matheny are bracing for less foot traffic — and a financial hit — this year as tensions around trade and concerns about immigration policy push foreigners to reconsider the U.S. as a travel destination.Matheny is the co-owner of Adrift Restaurant, a nautical themed farm-to-table eatery in downtown Anacortes. The town, a gateway to the San Juan islands, is a two-hour drive south of Vancouver.She’s seen…

XRP’s price is up more than 300% during the past six months. The token stands out in a world filled with memecoins and tokens with no real-world usage. XRP’s $135 billion market cap already accounts for a significant amount of future growth. 10 stocks we like better than XRP › It’s been a wild ride for cryptocurrency investors during the past few months — and that’s saying something. Bitcoin surpassed the $100,000 mark, reaching more than $109,000 just 16 years after its creation. While the price has retreated to about $102,000 amid broader uncertainty, investors still appear optimistic that Bitcoin…

The president’s erratic policies are raising concerns the economy might be headed for a downturn, but history suggests that franchise values will continue to climb regardless. When the Boston Red Sox took the field for a belated Opening Day in 2020, there were no fans cheering in the stands, or lined up at the concession stands, or browsing the team shop. The streets around Fenway Park, usually bustling in July, had become a ghost town. That was the norm in Major League Baseball—and countless other sports leagues around the globe—as the Covid-19 pandemic emptied stadiums, canceled games and otherwise decimated…

While there are dozens of market pundits who make price predictions in the crypto markets day in and day out, it is very rare for a price prediction to turn out to be accurate. However, one Reddit user had made a Bitcoin price prediction back in 2014 that has turned out to be correct. The user, who goes by the username oldie101, had posted on the MarkMyWords sub on Apr. 18, 2014, “Bitcoin will be valued at $100,000 a coin by 2025.” Source: Reddit/MarkMyWords The day the user had written the original post, Bitcoin was valued slightly below $500. Back then,…

KARACHI: Hours after deciding to shift the HBL Pakistan Super (PSL) to the United Arab Emirates, the Pakistan Cricket Board (PCB) postponed the remaining tournament, in the wake of rising military tensions with neighbouring India. The move came on the same day that the Indian cricket board announced the postponement of its own Indian Premier League (IPL) tournament for at least one week. “The last 24 hours have seen a worsening of the situation on the LoC, increased incursion of 78 drones, and the firing of surface to surface missiles from India,” the PCB said in a press release issued…

The Federal Reserve kept interest rates unchanged at 4.25% to 4.5% during its latest meeting, with Fed Chair Jerome Powell speaking to emphasize caution and data dependence amid ongoing economic uncertainty. Despite the decision, markets remained flat. Analysts now predict the Fed may consider rate cuts in July or September if the economy weakens further. Trade tensions remain high, with the U.S. locked in an escalating tariff war. However, a key development came when China’s Commerce Ministry confirmed that talks with the U.S. over tariffs will resume. Both economies have been hit by the standoff, and the potential thaw in…