Recent research from the Bank of America shows that Bitcoin is now the best-performing currency this year, marking a new classification milestone. The Bank of America (BofA) published the latest “Cross-Asset Winners & Losers” standings today, reflecting the current standings of major assets and their returns in US dollar terms. The research highlighted two interesting
Bloomberg claims cryptocurrency companies and projects linked to the Trump family may have received “behind-the-scenes” support from Binance, the world’s largest crypto exchange, months before its founder, Changpeng Zhao, known as “CZ,” publicly applied for a presidential pardon. According to a Bloomberg exclusive on Friday, the arrangement had not been previously disclosed. However, Binance allegedly
As bitcoin’s (BTC) price reached new all-time highs of $118,000, countries with the currency in their reserves or under the control of authorities have seen gains in the multi-millions, if not billions. According to Arkham, the US holds 198,000 BTC, which is now worth almost $23.4 billion, and will be put towards the strategic BTC
In a historic milestone for the cryptocurrency market, all Bitcoin (BTC) holders have achieved profitability (or at least broken even), with no investors currently experiencing losses as the digital asset maintains its remarkable 2025 rally. Specifically, the latest on-chain data from crypto on-chain analytics platform IntoTheBlock reveals that 100% of Bitcoin holders are either in
Bitcoin (BTC) has gained notable recognition in the broader financial sector as Bank of America listed the coin alongside other currencies. The financial institution, in its 2025 cross-asset winners and losers’ year-to-date returns, listed the flagship cryptocurrency among other currencies like the British pound. Bank of America validates Bitcoin as a currency In a post
Digital asset firm K33 has added 50 Bitcoin tokens worth approximately $6 million to its balance sheet, accelerating its Bitcoin Treasury strategy. K33, a prominent brokerage and research company in the digital asset sector, has acquired an additional 50 BTC. The investment amounts to approximately SEK 57.1 million (USD 5.98 million) as the company advances
BlackRock’s iShares Bitcoin Trust (IBIT) has become the fastest-growing ETF ever, officially hitting $80 billion in assets under management just 374 days after launch. This milestone is a new record for the ETF industry, says Bloomberg’s Eric Balchunas. To put it in perspective: Vanguard’s $VOO took almost five times longer — 1,814 days — to
U.S. stocks slipped on Friday, with the Dow Jones Industrial Average opening 250 points lower following President Donald Trump’s 35% tariff against Canada. With stocks having reached new all-time highs in recent weeks, trading on July 11 was largely a reaction to fresh trade war concerns. As the Dow fell 250 points, the S&P 500
Interest rates on OKX’s USDT “Simple Earn” flexible savings product surged from 5% to 53% in the midday Asian trading hours on Friday, as Bitcoin and the crypto market tasted volatility for the first time in Q3 2025. According to market analysts, the spike is one of the highest short-term price hikes for the yield-bearing
Satoshi Nakamoto, the elusive founder of Bitcoin, may now be richer than Dell Technologies CEO Michael Dell, data from Arkham Intelligence and Forbes suggest. With Bitcoin hovering around $118,000, the value of Satoshi Nakamoto’s estimated 1.1 million BTC now exceeds $129 billion, eclipsing the net worth of Dell founder Michael Dell, who sits at roughly