Tag: Million

Strategy Buys the Dip, Stacks New 4,048 Bitcoin for $449 Million

Key Notes Strategy recently purchased 4,048 Bitcoin for $449.3 million, after buying 3,081 BTC for $357 million the previous week. The latest acquisitions bring its total holdings to 636,505 BTC. The firm continues to show a strong commitment to its BTC acquisition strategy. While many investors and whales are emptying their Bitcoin BTC $111 252 24h volatility: 2.0% Market cap: $2.21 T Vol. 24h: $47.42 B holdings amid a price dip, business intelligence and software firm Strategy Inc. is buying the dip. The Michael Saylor-led firm recently acquired 4,048 Bitcoin…

Gemini Targets $317 Million in IPO, Valuing Exchange at $2.2 Billion

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Crypto exchange Gemini has filed plans for a U.S. initial public offering that could raise up to $317 million and value the firm at about $2.22 billion. The offering marks a significant step for the Winklevoss twins’ company as crypto businesses test renewed appetite in public markets. Gemini Moves Toward Nasdaq Listing Gemini Space Station, Inc. said it intends to list its Class A common stock on the Nasdaq Global Select Market under the ticker “GEMI.” The firm will offer 16.67 million shares priced between $17 and $19 each. Underwriters…

Ether ETFs Power Ahead With $1.08 Billion Weekly Inflows as Bitcoin Funds Add $441 Million

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Ether exchange-traded funds (ETFs) surged with $1.08 billion in weekly inflows, while bitcoin ETFs added $441 million, marking a bullish week for crypto funds despite a Friday pullback. Institutional demand, led by Blackrock’s products, remained the key driver. Crypto ETFs Close Strong With ETH Dominating Weekly Inflows Institutional money is still flowing into crypto, and […] Original

Bitcoin At $10 Million? Adviser Says Doubters Still Won’t Believe It

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Bitcoin Going to $1 Million, but Current Holders Still Early

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Eric Trump, the son of US president Donald Trump and the co-founder of Bitcoin (BTC) mining firm American Bitcoin (ABTC), said on Friday that there is “no question” that BTC hits $1 million in the next several years. Trump previously predicted that BTC would reach $1 million per coin in December 2024. Speaking to the audience at the Bitcoin 2025 Asia conference in Hong Kong, Trump said: “You’ve got nation states that are buying the hell out of Bitcoin. You’ve got Fortune 500 companies that are buying the hell out…

Ethereum Could Suffer $5 Billion Sell Pressure As Exit Queue Crosses 1 Million ETH

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Ethereum is staring down one of its most significant supply risks as more than 1 million ETH, valued at $5 billion, lines up for withdrawal from staking. The unprecedented exit queue has ignited debate over whether the network could face a wave of selling pressure or if the movement marks a rotation of capital within the Ethereum ecosystem. Ethereum Sees Record Validator Exodus  Ethereum faces what analysts describe as the largest validator exit events in its Proof of Stake (PoS) history. Blockchain data from ValidatorQueue shows more than 1 million…

Eric Trump Explains Why Bitcoin Is Destined for $1 Million

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Eric Trump laid out a bluntly bullish, supply-and-demand case for why Bitcoin can reach $1 million, arguing that accelerating institutional access collides with Bitcoin’s fixed 21 million-coin cap, during a “Bitcoin Takes Over the World” session…

Bitcoin Miner IREN Rises 12% On Record $501 Million Yearly Revenue

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Bitcoin miner IREN has posted its best quarter of earnings to date, bringing in $187.3 million last quarter, which contributed to a record $501 million revenue for the fiscal year, sending its stock up nearly 14% in after-hours trading.  Quarterly revenue for the month ended June 30 was up 226% year-on-year, helping the company swing back into profitability with $176.9 million in net income, IREN said in a report on Thursday.  The surge was driven by growth in its Bitcoin (BTC) mining business, but the company has also made moves…