Cardano Founder Claims He Rejected El Salvador Proposal Over Gang Links
Cardano founder Charles Hoskinson has alleged that he walked away from a potential deal to implement Cardano in El Salvador in 2021, citing concerns over the government’s plan to airdrop cryptocurrency directly to citizens, including members of the notorious MS-13 gang. In a recent interview on the Shawn Ryan Show, Hoskinson detailed a chaotic week […]
Strategy Holds 11th Largest U.S. Corporate Treasury, Bitcoin Rivals Big Cash Reserves
Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR). Strategy (MSTR) now holds almost $65 billion in bitcoin (BTC), which makes it the 11th largest corporate treasury holder of bitcoin in the U.S. In its investor presentation for the new STRD at-the-market equity program, Strategy compares itself to companies that hold cash […]
HYPE Plunges by 5% as BTC Price Slips Back to $108K: Market Watch
Bitcoin’s price ascent to almost $110,000 was short-lived, as most previous attempts, and the asset was pushed south by over two grand from top to bottom. Most altcoins are also in the red on a daily scale, including some larger-cap ones, such as HYPE, DOGE, and LINK. BTC Back to $108K The start of July […]
Murano Global Adds Bitcoin to Treasury Strategy Amid $500M Equity Agreement
Murano Global Investments PLC has adopted a Bitcoin treasury strategy. The real estate and hospitality firm secured a $500 million Standby Equity Purchase Agreement with Yorkville Advisors. The company confirmed the purchase of 21 Bitcoins. Most of the funds raised will support additional Bitcoin acquisitions. NASDAQ-LISTED MURANO BETS BIG ON BITCOIN WITH $500M DEAL – […]
SEC Moves to Streamline Crypto ETF Approvals as Regulatory Framework Advances
The SEC is developing a standardized framework to accelerate approval for spot crypto ETFs, including Solana and XRP. The U.S. Securities and Exchange Commission (SEC) is preparing a comprehensive framework that may speed up the approval process for spot cryptocurrency exchange-traded funds (ETFs). According to Reuters, the agency is working on new guidance that would […]
Bitcoin Mayer Multiple shows $108K BTC price undervalued: Analysis
Bitcoin is less overheated than during previous local bull market tops, but consensus is forming around an October blow-off top for BTC price action.
Trump’s 25% Tariffs Hit Asia as EU Deal Gives Stocks Hope
Trump placed 25% tariffs on Japan and others, which made global markets fall quickly. A new EU deal with 10% tariffs gave investors a small hope for trade peace. Many online users now feel regret after voting for Trump and are seeking better answers. President Donald Trump has imposed a 25% import tax on goods […]
No New Bitcoin Buys: Strategy Takes A Breather After 3 Consecutive Months
Strategy (previously MicroStrategy), the Bitcoin proxy firm co-founded by Bitcoin bull Michael Saylor, has made headlines once again on Monday, but not for its usual Bitcoin acquisitions, but for its notable absence of purchases during the week of June 30 to July 6. This marks the first time since late March that the largest corporate […]
BlackRock iShares Bitcoin ETF Surges Past 700K BTC in Record-Breaking Run
BlackRock’s iShares Bitcoin Trust (IBIT) now holds 700,000 bitcoin (BTC), according to Glassnode data, and has amassed $76 billion in assets under management in just 18 months, outstripping both the iShares Core S&P 500 ETF (IVV), which tracks the U.S. equity benchmark, and iShares Russell 2000 ETF (IWM), which tracks the performance of small-cap U.S. […]
Australian Crypto Asset Manager DigitalX Secures Over $13M to Expand Bitcoin Holdings
Crypto asset manager DigitalX (DCC) has locked in 20.7 million australian dollar ($13.5 million) from heavyweight crypto investors to deepen its focus on bitcoin (BTC). The placement attracted funding from Animoca Brands, UTXO Management and ParaFi Capital, alongside individual contributions from executives in the crypto space. One of those participants is Simon Gerovich, President and […]
XRP Futures Open Interest Zooms to 5-Month High as Traders Seek Bullish Bets
Futures tied to XRP XRP are flashing positive signals as the payments-focused cryptocurrency looks to build bullish momentum. On Monday, cumulative open interest in XRP perpetual futures listed on major exchanges briefly rose to 800 million XRP, the most since Jan. 19, according to data source Velo. The platform tracks activity in USDT and USD […]
Bit Digital Exits Bitcoin and Bets Big on Ethereum in Strategic Treasury Shift
Bit Digital has sold all its Bitcoin holdings and shifted to an Ethereum-only treasury. The Nasdaq-listed firm offloaded 280 BTC and used the proceeds to buy ETH. This move completes a three-month transition plan aimed at redefining its asset strategy. BREAKING: Bit Digital has completely exited $BTC and invested $200M into $ETH, now holding $254.8M […]