In brief Twenty One Capital is set to become the third-largest Bitcoin treasury company after merging with Cantor Equity Partners and receiving major Bitcoin contributions from Tether and Bitfinex. CME Group will launch XRP futures on May 19, entering a $3.9 billion market where Coinbase and Kraken are already active. Upexi shares soared 335% after…
Bitcoin (BTC) continued its spring rally on Friday and is on track for its strongest weekly showing since Trump’s election victory. The largest and oldest cryptocurrency held around $95,000 during U.S. afternoon hours, up 1.8% over the past 24 hours. Ethereum’s ether (ETH) followed closely, gaining 2% to hover just over $1,800. Sui’s native (SUI),…
The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. “For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question,” said SNB President Martin Schlegel at the bank’s General Assembly meeting Friday. “Cryptocurrencies also are known for their…
By John Revill BERN (Reuters) -Cryptocurrency campaigners have stepped up calls for the Swiss National Bank to buy bitcoin, saying the global economic turmoil triggered by U.S. President Donald Trump’s tariffs made it more important for the central bank to diversify its reserves. Supporters launched a referendum campaign in December to change the Swiss constitution…
Investor and CEO Cathie Wood’s ARK Invest firm projects that Bitcoin could reach $1.5 million per coin by 2030, according to its newly released Big Ideas 2025 report. The forecast, detailed this week, highlights institutional adoption, Bitcoin’s role as a “digital gold,” and emerging market demand as the key drivers behind the potential surge. Why…
“Crypto over the long run is decoupled from tech stocks,” said Jay Jacobs, BlackRock’s US head of equity ETFs. It’s the first time the asset manager has recognised the divergence. Bitcoin has been trading inversely to stocks. It all began as a narrative from Bitcoin advocates. Now the largest asset manager in the world is…
A widely followed analyst believes that Bitcoin (BTC) is in an uptrend, but one Ethereum (ETH) rival will likely outperform the flagship crypto asset. In a new video, the analyst pseudonymously known as InvestAnswers tells his 565,000 YouTube subscribers that Solana against Bitcoin (SOL/BTC) is likely on the verge of an explosive breakout. “SOL/Bitcoin chart…
In brief Nasdaq-listed healthcare company Semler Scientific has bought more Bitcoin and now holds 3,303 BTC. Chairman Eric Semler said Thursday that shareholders skeptical of its strategy are welcome to sell. A Nasdaq-listed healthcare company has said it won’t sell its Bitcoin—even if shareholders offload their stock. Semler Scientific’s Chairman Eric Semler made the comments…
The Japanese public firm adopting the investment strategy pioneered by leading Bitcoin (BTC) corporate holder Strategy is now closer to reaching its goal of holding 10,000 of the flagship cryptocurrency. On Thursday, Metaplanet announced the acquisition of an additional 145 Bitcoin. The hotel and investment company bought the crypto asset for 13,280,472 yen, or around…
Bitcoin vs Gold Mining: The Future of Scarcity is Digital James Butterfill — Head of Research Max Shannon — Research Analyst Matthew Kimmell — Research Analyst The Bitcoin mining industry has largely shrugged off halving-related concerns, with network hashrate accelerating sharply in Q4 2024. This surge was driven by a combination of favourable political developments…