In brief KULR bought $9 million worth of Bitcoin for its treasury. The total value of its Bitcoin Treasury is now worth $78 million. KULR is just one of several public companies that has adopted Strategy’s Bitcoin-buying playbook. Energy storage company KULR Technology Group has bought an additional $9 million Bitcoin for its corporate treasury,…
Grant Cardone has long valued real estate as his primary asset class. He doesn’t buy gold or stocks, and he was initially skeptical of Bitcoin. However, he has turned into a Bitcoin bull and is accumulating the asset. Find Out: 13 Cheap Cryptocurrencies With the Highest Potential Upside for You Consider This: 4 Affordable Car…
The United States has emerged as the leading global power in Bitcoin ownership and influence The United States has emerged as the leading global power in Bitcoin ownership and influence. It holds 40% of the world’s Bitcoin holdings despite having only 4% of the global population. The U.S. controls 95% of public firm Bitcoin holdings,…
Strive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long-defunct Mt. Gox exchange. According to a May 20 filing with the US Securities and Exchange Commission (SEC), the firms will target claims that have received definitive legal rulings but are still awaiting distribution.…
To combine Bitcoin’s robust security with the flexibility of the EVM, Syscoin uses advanced rollup technology while addressing issues overlooked by most layer-2 models. Despite innovative layer-2 protocols, scalability and smart contract functionality remain headaches for Web3 developers due to Bitcoin’s fundamental limitations. Even the Bitcoin Taproot update, which opens doors to smart contracts —…
Riot Platforms, Inc. RIOT, a Bitcoin mining company, announced an expanded credit agreement with Coinbase Credit, Inc., a financing subsidiary of Coinbase Global, Inc. COIN. Under the revised deal, Riot has increased its existing $100 million credit line to a total of $200 million, doubling its liquidity through the facility while maintaining all previous terms.…
Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs. Bitcoin (BTC) is 11 days from potentially…
A large entity is reportedly accumulating more Bitcoin (BTC) from the world’s top crypto exchange Binance, according to blockchain tracking firm Lookonchain. Lookonchain reports that one crypto whale just accumulated 1,350 BTC, worth $141.91 million at the time, bringing his total holdings to 20,723 BTC, worth $2.19 billion. The deep-pocketed investor is among several whales…
Robert Kiyosaki, author of the bestselling personal finance book Rich Dad Poor Dad, warned on Tuesday that Moody’s downgrade of the U.S. government’s credit rating signals a looming economic crisis, potentially as severe as the Great Depression. In a post on microblogging site X (formerly Twitter), Kiyosaki said the downgrade means “the US is like…
Saylor spotlights Bitcoin buyer Metaplanet’s stock surge Strategy buys more BTC and gets slammed with lawsuit Michael Saylor, founder and executive chairman of Bitcoin-driven company Strategy, has published a tweet calling out another corporate Bitcoin buyer – Metaplanet and its chief executive officer Simon Gerovich – as if hinting that it is time the company…