The latest Empire newsletter examines the performance of Ethereum (ETH) and Solana (SOL) against Bitcoin (BTC). Both cryptocurrencies show strikingly similar trends in their BTC ratios, having experienced sharp price spikes during their initial bull markets before facing declines. While ETH has recently entered a bear Market with negative year-on-year returns, SOL’s performance has been ...
Canary Capital has filed for a Litecoin ETF, raising interest in the growing competition for cryptocurrency ETFs in the U.S. As Litecoin joins the race, analysts speculate whether the new SEC leadership will favor it over Solana and XRP, which are already further along in their approval processes. Despite the lack of a 19b-4 filing, ...
MicroStrategy, a company focused on business intelligence and cloud services, recently announced a significant move in its investment strategy. For 2024, they reported a remarkable 74.1% yield from Bitcoin (BTC) investments. In December 2024, the company sold $209 million worth of shares to acquire 2,138 bitcoins, bringing their total holdings to 446,400 bitcoins. This underscores ...
Genius Group Limited (GNS) experienced an 11% increase in its stock price, reaching around $0.72, after announcing an expansion of its Bitcoin holdings to $30 million. The company now owns 319.4 Bitcoins, after adding $10 million to its original investment. Since it began purchasing Bitcoin in November, Genius Group has reported a remarkable 1,649% yield ...
The S&P 500 has performed well in 2024 with a 25% total return, but the cryptocurrency Market has outshone this, doubling its value to $3.30 trillion in just under a year. Bitcoin led the charge with a remarkable 138% gain, while Solana also impressed with a 101% increase. Notably, since December 2022, Solana has surged ...
