The crypto market shot up today with big policy and regulatory actions in the U.S. boosted investor confidence and their liquidity expectations. Bitcoin climbed above $103,000. Solana price increased along with Ethereum and is continuing its weekend recovery due to positive macroeconomic and policy indicators.
Former Ohio State Treasurer Josh Mandel, once hailed as an early political champion of Bitcoin, has revealed a personal loss of more than $1.2 million on call options tied to BlackRock’s iShares Bitcoin Trust (IBIT). The former state official’s gamble followed his bold prediction that Bitcoin would reach $444,000 by November 8, a forecast that
In a recent social media post, prominent venture capitalist Jason Calacanis has stated that he would never touch Michael Saylor’s Strategy even if the stock were to crash. Calacanis also argues that there should be no Bitcoin bailouts if the company happens to go underwater. The caustic comments of the early Uber investor come after
OKX Wallet, a prominent self-custodial, multi-chain wallet, has collaborated with FLock.io, a well-known entity for decentralized AI infrastructure. The partnership aims to incorporate decentralized AI into the Web3 ecosystem. As OKX Wallet’s official announcement on X reveals, the development is aimed at the provision of a direct AI training platform. In addition to this, the
After 40 days of political gridlock, the US federal government appears close to reopening, and crypto traders are once again betting that history may repeat itself. The latest US government shutdown is the longest in history, after the past went for 35 days between December 22, 2018, to January 25, 2019. Bitcoin Traders Bet on
Bitcoin price has plummeted into a bear market after falling by 20% from its highest level this year, and top technical indicators point to a steeper crash in the near term. Summary Bitcoin price has slumped into a local bear market this month. It has formed a rising wedge on the weekly timeframe chart. The
Bitcoin-focused X account Documenting Bitcoin shared an email from Bitcoin’s pseudonymous creator Satoshi Nakamoto with the subject “Bitcoin P2P e cash paper,” dated Nov. 8, 2008, contained in the cryptographic mailing list. This email came eight days after the release of the Bitcoin white paper by Satoshi Nakamoto in 2008. The Bitcoin white paper, “A
Crypto‑treasury stocks, which rallied when companies stuffed their balance sheets with Bitcoin and ether, are sinking after recent price drops. For much of the year, investors were selling shares or borrowing funds to buy crypto, betting that corporate treasuries loaded with tokens would outperform holding the coins directly. Now that Bitcoin and Ether have fallen,
Scott Bessent, the current Treasury Secretary, said Sunday that Trump’s bold $2,000 “tariff dividend” promise might not be the kind of cash handout Americans are imagining. Speaking on ABC’s This Week, Scott was pressed about Trump’s viral Truth Social post where the former president claimed that Americans, excluding high earners, will receive a $2,000 payout