Key Notes Despite recent profit-taking, Bhutan’s sovereign wealth fund continues to hold a sizable reserve of 11,411 BTC. Bhutan has embraced crypto as part of its national development plan, including hydro-powered Bitcoin mining. The recent sell-off is just part of the profit-booking as BTC price hits fresh all-time highs. Earlier today, the Royal Government of Bhutan sold a total of 99.47 Bitcoin BTC $121 325 24h volatility: 2.9% Market cap: $2.41 T Vol. 24h: $39.72 B worth $12 million, as the BTC price rallied to hit new all-time highs above…
Day: July 14, 2025
How one Nasdaq firm raised $51.5M in 72 Hours, just to buy Bitcoin
The anatomy of a Bitcoin pivot: How KindlyMD raised $51.5M in 72 hours Nasdaq-listed KindlyMD secured capital to accelerate its pivot to a Bitcoin-focused public company. In June 2025, KindlyMD Inc. (Nasdaq: KDLY) raised $51.5 million through a PIPE (Private Investment in Public Equity) transaction, and did it in just 72 hours. The round was tied to the company’s pending merger with Nakamoto Holdings, a Bitcoin-native firm led by David Bailey, who is also CEO of BTC Inc., the company behind Bitcoin (BTC) Magazine. The funding is part of a…
Bitcoin Soars $15K Post-Spending Bill as Dollar Slides, Kobeissi Letter Notes
Bitcoin’s unprecedented surge, diverging sharply from traditional economic indicators like a weakening U.S. dollar and rising deficits, signals a market in “crisis mode,” according to an X analysis from financial newsletter The Kobeissi Letter. Deficit Spending Drives Bitcoin Rally Into ‘Abnormal’ Territory, Kobeissi Letter States The Kobeissi Letter, a subscription service providing fundamental and technical […] Original
The Rise Of Wall Street 3.0
Opinion by: Koshiek Karan, founder of BankerX A seismic shift is underway: suits are giving way to smart contracts, trading floors to token pools and bankers to builders. Just as the internet democratized access to information, blockchain is set to decentralize ownership and redistribute financial power. Wall Street is passing the torch to Web3. This isn’t evolution; it’s a full-scale re-architecture of the global financial system. Money never sleeps Stock markets have existed for over 400 years. Smoke-filled coffee houses in Amsterdam evolved into handshake deals in New York. Handshake…
Crypto Exchanges Made $172M On Trump Memecoin: Report
US President Donald Trump’s cryptocurrency venture, the Official Trump (TRUMP) memecoin, has generated multimillion-dollar gains for crypto exchanges, in addition to profits for its creators. Launched just about six months ago, the TRUMP memecoin has generated at least $172 million in trading fees for 10 crypto exchanges, including Binance, Coinbase, OKX and more, according to a Reuters report on Monday. In listing TRUMP, some exchanges reportedly disregarded the fact that 80% of the coin’s supply was held by the Trump family and its partners, an issue they’d previously seen as…
Why No Major Dips Are Expected From Here
The Bitcoin price is once again commanding the spotlight as bullish momentum propels the leading cryptocurrency to new all-time highs. With the price already breaking past the $122,000 mark, analysts are growing increasingly confident in the potential for even higher targets. A recently shared chart analysis by market expert CrediBull Crypto suggests that the current rally is far from—and most importantly, no major dips are expected along the way. As a result, he has forecasted that BTC could see a significant price surge to $155,000 soon. Bitcoin Price Action Clears…
BlackRock’s Bitcoin ETF Blows Past $80,000,000,000, Faster Than Any Other Exchange-Traded Fund in History: Bloomberg Analyst
Senior Bloomberg analyst Eric Balchunas says that BlackRock’s Bitcoin (BTC) exchange-traded fund has surpassed the $80 billion landmark faster than any ETF in history. In a new thread on the social media platform X, Balchunas says that the iShares Bitcoin Trust ETF (IBIT) is now worth $83 billion, the 21st largest ETF overall. “IBIT blew through the $80 billion mark [on Friday], fastest ETF to get there in 374 days, about 5x faster than the previous record, held by VOO, which did it in 1,814 days.” Source: Eric Balchunas/X Balchunas…
These Are The BEST Devices For Mining Bitcoin at Home
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Looking to mine Bitcoin at home but not sure where to start? In this video, we break down the best devices on the market for home Bitcoin mining, making it easier than ever to kickstart your mining journey. From beginner-friendly options to game-changing setups, we’ll walk you through the top mining rigs that fit your needs. Discover how to maximize efficiency, keep costs low, and start earning Bitcoin right from the comfort of your home. Whether you’re a complete newbie or looking…
Grayscale Submits Confidential IPO Filing with US SEC
Cryptocurrency-focused asset manager and exchange-traded fund (ETF) issuer Grayscale joined a growing list of crypto companies seeking to launch IPOs in the United States. On Monday, Grayscale said it had filed to list its company shares with the Securities and Exchange Commission (SEC) under a new clause that enables confidential filings ahead of a final public offering. Entering public markets would enable Grayscale to seek more funding opportunities through strategies such as public stock offerings, which was leveraged by Michael Saylor’s Strategy, or convertible note offerings, such as GameStop’s $2.25…
Trump’s Bitcoin Bet Pays Off: US BTC Reserves Jump Nearly $7 Billion in Just 4 Months
According to the records, ever since U.S. President Donald Trump signed the executive order officially launching the Strategic Bitcoin Reserve, the government’s stash of bitcoin has ballooned by nearly $7 billion in value. U.S. Bitcoin Reserve Skyrockets in Value In bitcoin’s earlier years, long before today’s lofty prices, the U.S. government offloaded large portions of […] Original