Fartcoin‘s impressive price surge has become one of the most discussed topics in the cryptocurrency world, as many are still adjusting to its unconventional branding and strong performance despite macroeconomic challenges.
The Federal Reserve revoked its guidance for banks that required them to inform the regulator before engaging in any cryptocurrency-related activity on Thursday.
A new Bitcoin (CRYPTO: BTC)-centric public company, Twenty One, is set to launch through a SPAC merger with Cantor Equity Partners, bringing 42,000 Bitcoin under its control and targeting a $3.6 billion enterprise valuation.
Crypto-linked equities extended their rally in pre-market trade on Wednesday, with gains in Strategy, Cipher Mining, Robinhood, and other stocks building on Tuesday’s strong performance.
Electric vehicle juggernaut Tesla Inc. (NASDAQ:TSLA) reported losses on cryptocurrency investments in the first quarter on Tuesday, while its Bitcoin (CRYPTO: BTC) stash remained unchanged.
Last week, thematic and leveraged ETFs performed well, such as DJTU, LLYX, NFXL, DECO, and MSTY, despite market concerns. Tech sector was hit by geopolitical tension and hawkish central bank comments. Earnings were mixed, with UNH cutting its full-year forecast.
Strategy remains the largest corporate holder of Bitcoin by a wide margin, with 538,200 Bitcoin in its treasury holdings after its latest purchase of the apex cryptocurrency.
