This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Six years is certainly a long time in crypto. But Libra (later Diem) might’ve felt right at home in the current agreeable atmosphere in the US. Back then, Meta (still Facebook) had its own blockchain subsidiary, Calibra, that was pushing to
Early Bitcoin adopter and crypto YouTuber Jeremie Davinci has taken to his X account to address new and potential BTC holders, giving them an important warning. Davinci calls on those members of the global crypto community who have only started stacking Bitcoin or are thinking about doing it to make the right choice, hinting that
Dmail Network, a popular AI-enhanced and decentralized communication platform, has collaborated with DePIN Union, a worldwide platform devoted to fortifying Decentralized Physical Infrastructure Networks (DePINs). The partnership focuses on redefining how Web3 entities, DePIN projects, and AI agents interact, providing trustless, scalable, and secure communication across globe. The platforms shared the details of this initiative
Cryptocurrency analyst and trader Kevin Svenson believes Bitcoin (BTC) is now poised to ignite steep rallies with shallow pullbacks. In a new strategy session, Svenson tells his 83,500 YouTube subscribers that Bitcoin will likely print new all-time high prices as it launches the final phase of its parabolic advance. While Svenson believes that rallies are
The Bitcoin price continued to consolidate today, July 16, as the recent bull run took a breather, and traders await the vote on the GENIUS Act in the House. BTC was trading at $118,825, a few points lower than the all-time high of $123,000 as analysts predict more gains if the GENIUS Act is passed.
Constellation Research founder and investor Ray “R” Wang made noteworthy predictions about digital assets and tech giants on the Fox Business program “Varney & Co.” Wang argued that a “golden age” for digital assets has begun, while stating that Bitcoin could rise to $150,000 within the next six months. According to Wang, legislative developments in
US President Donald Trump plans to fire Fed Chair Jerome Powell soon, according to a senior White House official. It was also learned that Trump brought up this possibility in his meeting with Republican members of Congress last night. While the majority of lawmakers attending the meeting supported this move, the official noted that Trump
Canada-based company Matador Technologies announced that its board of directors has approved a long-term Bitcoin accumulation strategy. Matador Technologies Confirms Treasury Strategy Aiming to Collect 6,000 Bitcoin by 2027 The company’s ultimate goal is to reach 6,000 BTC by 2027 and become one of the top 20 institutional Bitcoin holders globally. The company currently holds
Disclaimer: The analyst who wrote this article owns shares in Strategy. Jim Chanos, the founder of Kynikos Associates who famously shorted U.S. energy giant Enron before it collapsed in 2001, has set his sights on Strategy (MSTR), arguing the bitcoin BTC$119,216.33 -buying company’s premium valuation over its holdings of the largest cryptocurrency is unjustified. Chanos