Latest from Helene Braun
Strategy Stock Still a Buy at Cantor After Plunge Forces Major Price Target Cut
Lower adjusted net asset value multiple means Strategy can no longer issue equity at a premium, threatening its long-term plan to accumulate more bitcoin, analyst Brett Knoblauch wrote.
Bitcoin Could Continue Chopping Below $95K Into Year-End and Altcoins Could Benefit, Analyst Says
Low-liquidity in December may cap bitcoin's recovery rally, but rangebound trading for the largest crypto could benefit smaller digital assets, Wincent's Paul Howard said.
Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink
The CEO of the asset management giant, whose IBIT is the largest of the spot BTC ETFs, said the state actors were buying not for a trade, but to hold for years.
Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people familiar with the matter told Bloomberg.
Fanatics Enters Prediction Markets With App Live in 10 States
Sport clothing and collectibles giant Fanatics has launched Fanatics Markets, letting users trade outcomes of sports, politics and more — with crypto and IPO bets coming by 2026.
Coinbase CEO Armstrong Says Banks That Don't Adapt to Stablecoins Will Be 'Left Behind'
CEO Brian Armstrong said top banks are "leaning into this as an opportunity," signaling Wall Street’s quiet embrace of crypto infrastructure.
Polymarket Launches App With CFTC Green Light in U.S. Return
Armed with CFTC approval, Polymarket has launched its mobile platform for sports and proposition markets under federal oversight.
Kalshi’s Luana Lopes Lara Becomes Youngest Female Self-Made Billionaire
A recent $1 billion funding round led by Paradigm puts Kalshi co-founders Luana Lopes Lara and Tarek Mansour on the billionaire list.
Bitcoin Ricochets Around $93K at Pivotal Point; Circle, Gemini Lead Crypto Stock Rebound
Bitcoin shot up 10% in two days, but it's stalling at around the 2025 yearly open.
IBIT Among Most-Traded ETFs as Bitcoin Surges; Mining Stocks Sink
A 6% rally in bitcoin helped push IBIT ahead of major funds like VOO, but crypto miners including IREN and CIFR posted steep losses.
