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JPMorgan Says The Real Threat To Bitcoin Isn't Strategy (MSTR), It's Private Blockchains
JPMorgan Says The Real Threat To Bitcoin Isn't Strategy (MSTR), It's Private Blockchains
Authored by Micah Zimmerman via BitcoinMagazine.com,
Strategy’s recent bitcoin sales and its formal monetization program have rattled investors, but JPMorgan analysts see a bigger danger to bitcoin: blockchain adoption that routes around public networks and the tokens that ride on them.
In a report led by managing director Nikolaos Panigirtzoglou (ZH: available here for professional subscribers), the bank argued that Strategy is not the main structural threat to the asset.
The company sold 3,588 bitcoin for $216 million in early July to cover...
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May 7, 2026 / Tyler Durden
Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer
Shake Shack Shares Crash Most On Record; McDonald's CEO Warns Of Faltering Consumer
Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with management blaming the miss on "significant weather impacts."
But the weather excuse may be masking a much larger problem: a weakening consumer increasingly pushing back against premium fast-casual pricing, with the average Shake Shack meal costing around $23.
SHAK reported first-quarter results that missed Bloomberg Consensus estimates, with revenue and adjusted EBITDA coming in light as the burger chain...
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Jul 26, 2026 / Tyler Durden
China's Two-Front Squeeze On America's AI Build-Out
China's Two-Front Squeeze On America's AI Build-Out
Authored by Sean Tseng via The Epoch Times,
In early May, the head of an American chipmaker told investors his company was running short of a material most people have never heard of. A week later, he was on a plane to China alongside President Donald Trump, hoping to pry loose the export licenses his factories needed.
People view an AI data center at the SK networks stand during the MWC (Mobile World Congress), the world's biggest mobile fair, in Barcelona on March 3, 2025....
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Apr 14, 2026 / Tyler Durden
China Rejects 'Baseless Smear' It's Sending Weapons To Iran After Trump Warned Of 'Big Problems'
China Rejects 'Baseless Smear' It's Sending Weapons To Iran After Trump Warned Of 'Big Problems'
China has dismissed reports that it supplied or plans to supply weapons to Iran as "baseless smears," after multiple outlets cited US intelligence accusing Beijing of potentially entering the war indirectly.
"China has always adopted a cautious and responsible attitude towards the export of military items, implementing strict controls in accordance with its own export control laws and regulations and its international obligations. We oppose baseless smears or malicious association," Foreign Ministry spokesman Guo Jiakun stated...
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