BTCT shares jumped as much as 20% on Friday after the company said it established a strategic reserve of $1 million worth of ETH.
Thumzup Media also disclosed that Donald Trump Jr. owns 350,000 shares, worth about $4 million at current prices.
CoreWeave has entered into a definitive agreement to acquire Core Scientific in an all-stock deal worth about $9 billion.
Standard Chartered expects the second half of 2025 to deliver bitcoin’s largest dollar rally ever and sees the coin at $200,000 by year's end.
It wasn't completely clear if Tenev was only addressing those in attendance or any new Robinhood user in the EU.
COIN closed at $375.07 per share. The stock's previous all-time high close was $357.39, set in November 2021.
In June 2024, the firm offered approximately $1 billion to purchase Core Scientific, which rejected the bid.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Analysts point to broader concerns as compounding market stress, though some say Bitcoin could soon recover if key resistance levels hold.
By tapping capital markets and pledging to accumulate BTC, both firms amplify Bitcoin beta through corporate leverage.
Bitcoin and other equities slid Friday as Trump renewed trade tensions with the EU and threatened Apple for offshore product assembly.
Government entities increased their MSTR holdings in Q1, including first-time buys by Saudi Arabia and France, Standard Chartered said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
President Trump renewed attacks on Fed Chair Jerome Powell, calling for urgent rate cuts amid claims of declining inflation.
The SOL move follows a $42 million funding round and has triggered a massive surge in Janover’s stock price.
Markets rebounded sharply after Trump paused global tariffs for 90 days and lowered most reciprocal duties to 10%, sparking a 7% jump in bitcoin.
Markets plunged after President Trump announced global tariffs, triggering the worst stock performances since 2020 and a sharp crypto pullback.
Standard Chartered now calls bitcoin a 'US isolation' hedge as it has held up better than most tech stocks in the recent market selloff.
Experts warn rising hardware costs could squeeze U.S. miners, while others speculate the government may use new tariff revenues to acquire Bitcoin.
Last month, GameStop's CEO posted a photo with Strategy's Michael Saylor, prompting speculation the company could get involved with cryptocurrency.
Standard Chartered’s hypothetical ‘Mag 7B’ index, with bitcoin replacing Tesla, delivered higher returns than the original lineup.
Wednesday's cooler-than-expected U.S. CPI inflation reading has strengthened the case for potential Federal Reserve rate cuts.
Benchmark highlights the recent Bybit hack as evidence of the need for non-custodial wallets like Exodus Movement.
Standard Chartered attributes Bitcoin's recent downturn to broader equity market distress rather than cryptocurrency-specific issues.
Analysts warn of an impending U.S. stock market correction as bitcoin’s safe haven status remains unproven.
Weaker-than-expected U.S. jobs growth in February could prompt a dovish pivot by the Federal Reserve, analysts said.
Standard Chartered suggests U.S. could potentially fund the Strategic Bitcoin Reserve in a budget-neutral way by selling gold for bitcoin.
Bitcoin struggles to fulfill safe-haven aspirations, whilst gold gains favor among investors seeking shelter from market volatility.
A broad market sell-off hit both crypto, driving $1 billion in liquidations, amid fears of economic fallout from Trump administration tariffs.
As of Dec. 31, the bitcoin miner had $274.5 million in cash and cash equivalents and bitcoin on its balance sheet.