Cryptocurrency News
Solana Writedowns Push Forward Industries to $69 Million Q3 Loss
Forward Industries (FWDI) booked a $69 million net loss for its fiscal third quarter, or $0.80 per share, after writedowns on its Solana (SOL) treasury. The Nasdaq-listed company still grew the asset behind the loss. Its Solana stack grew to more than 7.55 million SOL by June 30, and SOL per share climbed 9% from
Michael Burry’s Latest Warning Comes as AI Mega-Caps Quietly Run the Market
Michael Burry says Wall Street's calm, mega-cap-driven rally hides risk, and urges investors to avoid leverage before the cycle turns.
$51M for Homes, Cars, and a Yacht: Regulators Target Goliath, CEO Delgado
SEC and CFTC accuse Goliath Ventures of misleading investors with crypto returns as CEO Delgado allegedly took $51 million personally.
Crypto Trading Model GSR Cuts Its Bitcoin Allocation to 17%, Bets Big on Solana
GSR's Core3 trading model cut Bitcoin to 16.9% and raised Solana to 43.6%, its largest weighting, as short-term signals favored SOL.
Goldman Sachs Says Japan Has $1 Trillion War Chest: More Yen Interventions Coming?
Goldman Sachs says Japan has reserves for more yen intervention, but the Fed-BOJ rate gap will decide the next move.
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