Andrew Tate, former kickboxer and social media personality, has made the case for investing in bitcoin over other assets, such as gold and real estate. On social media, Tate expressed worries about the size of his BTC stash, stating he had concerns about a few hundred BTC might not be enough. He declared that he […] Original
Metaplanet started buying BTC in April this year as a hedge against Japan’s debt issues and volatility in the yen. Since then, it has accumulated 1,018 BTC worth $92.33 million, according to data source Bitcoin Treasuries. The company has also used options strategies to boost its holdings. Original
On Sunday, Nov. 17, at block height 870,770, a long-inactive bitcoin wallet—created on June 5, 2012—sprang to life, moving 400 BTC valued at $35.7 million. The individual behind the transaction might be the same entity that transferred bitcoin acquired in 2011 and 2012 just last month. 2012 Legacy Wallet Moves $35.7M, 200 Bitcoin to Bitstamp, […] Original
Michael Saylor is planning a $100K bitcoin celebration, citing bullish momentum fueled by Wall Street support, regulatory optimism, and Microstrategy’s aggressive BTC acquisitions. ‘All of Our Investors Tell Me, They Want Me to Buy More Bitcoin’ Michael Saylor, the pro-bitcoin executive chairman of Microstrategy (Nasdaq: MSTR), delved into BTC’s trajectory and the cryptocurrency industry’s future […] Original
Ark Invest CEO Cathie Wood has doubled down on her $1.5 million “bull case” bitcoin forecast, citing factors such as institutional adoption, potential regulatory relief, and BTC’s growing recognition as a unique asset class. Cathie Wood Predicts Bitcoin Could Hit $1.5M Amid Growing Institutional Interest Cathie Wood, CEO and CIO of asset management firm Ark […] Original
U.S. Senator Cynthia Lummis proposed a Bitcoin national strategic reserve by selling some of The Federal Reserve’s gold, rather than buying from government budget. Cynthia Lummis, a Republican Senator, plans to push President-elect Donald Trump’s masterplan for Bitcoin into reality. Lummis has mentioned, in an interview with Bloomberg, that some of The Federal Reserve’s gold could be sold to buy more Bitcoin, rather than buying from the federal government budget. “We already have the financial assets in the form of gold certificates to convert to Bitcoin,” Lummis said. Following her…
On Sunday, Nov. 17, bitcoin is holding steady above $90,000, a figure that it has flirted with multiple times since Nov. 12. The leading cryptocurrency, however, remains in the price discovery phase, having occupied this range for just 0.0691% of its entire existence. Price Discovery in Action: Bitcoin’s Dance Around $90,000 Five days ago, bitcoin […] Original
As of Nov. 11, 2024, bitcoin (BTC), the undisputed crypto heavyweight, has enjoyed a phenomenal year. Over the last ten months, it has been breaking records across the board. From hashrates to daily transaction peaks, price surges, and making an impact in non-fungible tokens (NFTs) and decentralized finance (defi), BTC has been on a non-stop […] Original
While bitcoin (BTC) is often heralded as the toughest digital asset in existence, it still has room to grow and adapt to better meet the needs of its network. Here’s a dive into three potential ways the world’s leading cryptocurrency could accelerate its game. Can Bitcoin Hold Its Throne? As of this writing, bitcoin (BTC) […] Original
On Saturday, Robert F. Kennedy Jr., the designated Secretary of Health and Human Services (HHS) for the Trump transition team, took to the social media platform X to declare that bitcoin is “a hedge against inflation for middle class Americans.” Bitcoin at the Forefront: Kennedy and Bass Spar Over Treasury Contenders This weekend, Kyle Bass, […] Original