Bitcoin’s price has rebounded strongly over the past week, recovering from a low of $74,000 earlier this month to now trade above the $95,000 mark. This upward movement represents a 12% gain in the past seven days, signaling a potential shift in short-term market sentiment following a multi-week period of correction and volatility. Despite this…
Key takeaways: Richard Byworth says Michael Saylor’s Strategy could ramp up its Bitcoin buys by acquiring cash-rich companies and converting their cash into Bitcoin. He says that Strategy should consider accelerating purchases as the Bitcoin supply on exchanges continues to decline. Byworth argues that aggressively increasing Bitcoin holdings would boost Strategy’s mNAV, benefiting shareholders. Michael…
Key takeaways: Richard Byworth says Michael Saylor’s Strategy could ramp up its Bitcoin buys by acquiring cash-rich companies and converting their cash into Bitcoin. He says that Strategy should consider accelerating purchases as the Bitcoin supply on exchanges continues to decline. Byworth argues that aggressively increasing Bitcoin holdings would boost Strategy’s mNAV, benefiting shareholders. Michael…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As BlackRock accelerates its expansion into digital assets in 2025, the divergence between Bitcoin and Ethereum in institutional adoption has become increasingly pronounced. In a interview on the Empire podcast, Samara Cohen, Senior Managing Director and Chief Investment Officer of ETF and…
Pennsylvania’s junior Sen. Dave McCormick has put as much as $1 million dollars of his own money into bitcoin this year. No problem there. However, McCormick serves on the Senate Banking Committee’s subcommittee that deals with digital assets. It is the nine-member group charged with discussion of the BITCOIN Act of 2025, raising the specter of…
According to the latest data from Bitinfocharts, Bitcoin’s (BTC) hashrate has experienced a significant rise. At the time of writing, the average hashrate has risen to 913.63 exahashes per second (EH/s), indicating a 9.91% increase over the past 24 hours. This rise is proof of growing confidence and increased activity among BTC miners. The hashrate…
Key Takeaways The US aims to become the Bitcoin superpower with a strategic approach outlined by the administration. A Strategic Bitcoin Reserve initiative highlights the US view of Bitcoin as digital gold with intrinsic stored value. Share this article White House crypto advisor Bo Hines said a global space race for Bitcoin accumulation is underway,…
Arizona’s treasurer and retirement system could invest billions of dollars in cryptocurrency under a first-in-the-nation measure the state Legislature passed Monday. The legislation (S.B. 1025) would allow state public funds to invest as much as 10% of the money they control in virtual currencies. The bill’s definition would cover a “digital representation of value” that…
Leading cryptocurrencies were muffled on Tuesday, but stocks rallied on indications that the United States was nearing a deal with a key trading partner. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m. ET) Bitcoin BTC/USD -0.77% $94,494.12 Ethereum ETH/USD +0.03% $1,803.83 Dogecoin DOGE/USD -2.30% $0.1758 What Happened: Bitcoin continued to face resistance around $95,500 as…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Dogecoin price has just completed a key technical breakout against Bitcoin (BTC), potentially signaling the start of a significant rally. According to the analyst who identified the Falling Wedge breakout, Dogecoin may also outperform Bitcoin in this market cycle. Dogecoin Price…