President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrencies. Current law gives his administration several ways to increase federal crypto holdings, though no public authority gives Treasury a funded program for multibillion-dollar open-market purchases. For Bitcoin, Trump’s 2025 executive order already directs Treasury and …
Continue reading “Trump wants the US to become a Bitcoin whale, but Congress controls the wallet”
Bitcoin surged past $72,000 to a session high of $72,850, gaining approximately 14% over four days and raising its market capitalization to $1.45 trillion. Intraday Price Action and Breakout Bitcoin’s unrelenting surge showed no signs of abating Thursday afternoon as the top cryptocurrency capitalized on pro-crypto sentiment from a White House meeting. Market data shows …
Continue reading “Bitcoin Hits $72,850 as Traders Lose $650M in Shorts”
Treasury Secretary Scott Bessent told CNBC Thursday that U.S. debt buybacks could blow past $4 billion per operation as Washington moves to steady a rattled long-term Treasury market and bitcoin trades above $72,000. Bessent Cranks Up the Pressure on Long-Term Yields The comments followed the Treasury Department’s decision Wednesday to at least double the maximum …
Continue reading “‘We’re Going to Increase the Buyback’: Treasury Boss Targets Bond Yields”
Strategy has published updated explanations of MSTR and five preferred securities, showing how each divides bitcoin-linked corporate risk, dividend rights, and capital priority without granting investors direct ownership of the company’s bitcoin. Strategy Separates Equity From Preferred Income Strategy Inc. (Nasdaq: MSTR) announced Aug. 19 that it had published investor briefings covering its common stock …
Continue reading “Strategy Breaks Down 6 Securities Built Around Its Bitcoin”
With bitcoin ripping to a weekly high of $72,400, vintage coins are suddenly crawling out of cold storage at a relentless pace. Over the last 24 hours, 1,314.41 BTC moved from long-sleeping bitcoin wallets carrying a combined value of $94 million. Approximately 1,214.42 BTC ($86M) of that total movement, all stemmed from wallets first seen …
Continue reading “11-Year-Old Dormant Bitcoin Wallets Move 1,214 BTC Worth $86M in 24 Hours”
Hyperliquid’s HYPE token charged toward record territory after U.S. President Donald Trump revealed regulators are working on a legal pathway that could bring the crypto trading heavyweight into the American market. Trump Drops Hyperliquid Into Washington’s Spotlight Trump made the comments on Aug. 19 during a White House meeting with cryptocurrency, technology, and finance executives, …
Continue reading “Trump’s Hyperliquid Name-Drop Sends HYPE Charging Toward Record Highs”
Securitize has launched a tokenized fixed-income fund with Neuberger, extending institutional credit strategies onto public blockchains. The fund will invest mainly in high-yield bonds and will be available across Avalanche, Ethereum, Solana, and Sui. Securitize Launches High-Yield Bonds Across 4 Public Blockchains Securitize is pushing deeper into tokenized credit with a new fund that brings …
Continue reading “Securitize Brings Neuberger’s $230 Billion Credit Platform Onchain”
Driven by a U.S. Treasury announcement and bullish comments from President Donald Trump, bitcoin hit a session high of $71,992, pushing its market cap to $1.44 trillion. Bitcoin Nears $72,000 as Macro Rally Gains Steam Bitcoin maintained its upward momentum Thursday morning, approaching $72,000 as a rally sparked by a U.S. Treasury announcement showed no …
Continue reading “BTC Nears $72K as Altcoins Surge and Short Sellers Lose $3B”
The S&P 500 (SPX) is in the midst of a raging bull run as the index more than doubles its value in less than 10 years. Data from the Kobeissi Letter shows that the S&P 500 is on track to shatter the record seen during the post-war boom by the end of this decade. “US …
TLDR ETH surged 18% in 24 hours, pushing its weekly gain to 19.65% Trading volume jumped 402% as price broke above $2,003 resistance RSI spiked to 92.14, signaling overbought conditions after the fast move Key resistance sits between $2,431 and $2,500, with $2,636 as the next target Two Hyperliquid whales hold $98 million in ETH …
Continue reading “Ethereum (ETH) Price: Surges 18% as Trading Volume Jumps 402%”
BlackRock is upholding Bitcoin’s (BTC) value as a distinctive portfolio diversifier and emerging monetary alternative despite its sharp recent decline. The asset manager says the sell-off resulted from extreme speculative positioning and flow shifts instead of any structural shift in the cryptocurrency’s long-term trajectory. Bitcoin surged to all-time highs above $120,000 in October 2025 before …
Continue reading “BlackRock Attributes Bitcoin’s Steep Pullback to Deleveraging and Flows”
USDT is disappearing from regulated European platforms, but there is little sign that it has resulted in weakening global demand for Tether. Europe’s crackdown on Tether’s USDT is entering a new phase. When Revolut told European users it would delist USDT after Aug. 31, it became another in a long line of European platforms restricting …
Continue reading “MiCA cracks down on USDT in Europe… but no one else cares”
Bitdeer expects revenue from the five-year agreement to begin in early 2027 as it builds toward 350 megawatts of AI cloud capacity by 2028. Bitcoin mining company Bitdeer’s artificial intelligence (AI) division, Bitdeer AI, signed a five-year customer deal covering about 50% of the capacity of its A102 Malaysia facility before its energization. The deal …
Continue reading “Bitdeer signs $400M AI cloud computing deal for Malaysia facility”
The Commodity Futures Trading Commission’s Innovation Advisory Committee holds its first meeting Thursday, with prediction markets on the agenda. Seven of its 35 members run companies at the center of the event-contract fight the agency is waging against nine state governments. Seven Seats for the Event-Contract Industry The CFTC’s Innovation Advisory Committee convenes for the …
Continue reading “CFTC Seats Kalshi, Polymarket, Draftkings on Its New Advisory Panel”
Metaplanet will contribute 2,100 BTC and $2.5 million in cash to Nasdaq-listed Super League, creating a U.S. bitcoin treasury platform called Superplanet. The transaction will give the Japanese company control of the business while linking capital markets in Tokyo and New York under one treasury strategy. Metaplanet Extends Bitcoin Strategy to Nasdaq With $134.6M Deal …
Continue reading “Metaplanet Puts 2,100 BTC Into Super League for US Expansion”
