TD Cowen countered criticism that Strategy’s (STR) market capitalization should be indexed solely to Bitcoin assets, stating that this approach is logically flawed. TD Cowen: Strategy’s Premium Value Justified by Bitcoin Capital Cycle Analysts argue that the company’s aggressive share issuance increases investors’ stake in the stock rather than diluting it. Strategy’s market capitalization currently
Imagen Network (IMAGE), a low-cap token built on the Solana blockchain, has unexpectedly emerged as BlackRock’s third-largest crypto holding, according to on-chain portfolio tracking data. Despite its sharp price decline since launch, the asset now sits behind only Bitcoin (BTC) and Ethereum (ETH) in BlackRock’s digital asset allocation. At the time of publication, IMAGE is
Amid the surging interest in Bitcoin among institutional players, this article highlights the top 20 largest BTC holders. Institutional interest in Bitcoin has continued to skyrocket over the years. Major corporate entities, including publicly traded firms like MicroStrategy, currently hold substantial amounts of BTC in their reserves. These companies are spread across various industries globally,
Metis, a well-known L2 blockchain solution provider, has announced its new partnership with ENKI Protocol. In this partnership, ENKI Protocol has joined the community of the recently launched hackathon, HyperHack, to advance its ecosystem via a relatively accessible on-chain infrastructure. The platform revealed this development in a recently shared X post. Welcome @ENKIProtocol as a
U.S.-listed spot bitcoin exchange-traded funds saw net outflows of $131.4 million on Monday, breaking a 12-day streak of uninterrupted inflows that brought in over $6 billion, according to data from Farside Investors. The pullback came as bitcoin BTC$119,041.02 itself traded mostly flat to start the week. Prices continue to hover in a tight range on
Crypto companies in the U.K. have almost certainly been under-reporting breaches of financial sanctions since as far back as 2022, the Office of Financial Sanctions Implementation (OFSI) said in a Monday report, as the nation imposed more sanctions on Russia. The report, which is a sanctions threat assessment focused entirely on crypto, said most of
After years of silence, a SpaceX-linked wallet has suddenly moved $152 million in Bitcoin, prompting fresh concerns over what it could mean for BTC’s next price move. According to data from blockchain analytics platform Arkham Intelligence, on July 22, a wallet linked to Elon Musk’s multibillion-dollar space enterprise, SpaceX, had transferred 1,308.45 BTC, valued at
Singapore-based artificial intelligence-driven edtech firm Genius Group doubled its Bitcoin treasury to 200 BTC as part of its long-term strategy to build a 10,000-BTC treasury reserve. According to a Tuesday announcement, Genius Group acquired 20 Bitcoin (BTC) on July 18. Bitcoin traded between $117,000 and $120,600 on the day, according to Nansen data. The announcement
Story Highlights Scott Bessent calls for a full review of the Federal Reserve’s expanding role, warning that “mandate creep” and controversial spending could threaten its independence. With Trump increasing pressure and Powell under fire, the debate over the Fed’s priorities and accountability has entered a new phase. U.S. Treasury Secretary Scott Bessent has reignited scrutiny
US President Donald Trump continues to pressure Fed Chair Jerome Powell to cut interest rates, while also calling for Powell’s resignation. Trump has already begun discussions on Powell’s replacement as his term approaches. At this point, while Powell’s resignation continues to be a hot topic in the market, new statements came from famous economist Mohammed