The cryptocurrency market grew by 13.3% in July, driven mainly by bitcoin (BTC) hitting several price highs throughout the month. The rally attracted increased institutional interest in Bitcoin, Ethereum, and major altcoins, supported by more companies integrating digital assets into their corporate treasuries. According to a monthly report by Binance, the world’s largest crypto exchange,
Story Highlights James Howell mined 8,000 Bitcoins in 2009 and accidentally threw away the hard drive containing his BTC wallet in 2013. Howell spent over a decade trying to recover the hard drive but faced many obstacles. Howell remains committed to recovering his lost fortune and hopes for community and council support. In the early
Traditional financial institutions are increasingly shaping the narratives in the crypto sector, and are poised to benefit the most from the current trends, according to Arthur Azizov, founder of B2 Ventures, a private “alliance” of crypto services and financial tech companies. Azizov told Cointelegraph that this market cycle has been dominated by institutional investors, investment
Regulated Bitcoin (BTC) investment banks are coming to El Salvador, following Thursday’s approval of El Salvador’s Investment Banking Law, which classifies investment banks under different regulations than commercial banks. Investment banks will now be allowed to hold BTC and other digital assets on their balance sheets and offer crypto services to “sophisticated” investors, the equivalent
Michael Saylor, a co-founder of Strategy and a vocal Bitcoin evangelist, has taken to his X account to get another BTC message across. Recently, Saylor has been using pop culture references in his Bitcoin-themed tweets. This time is no exception. Bitcoiner Saylor turns into Indiana Jones Michael Saylor has published an image generated with the
Digital asset investment management firm Digital Wealth Partners Management (DWP Management) has raised approximately $200 million in capital across its fund strategies since April. According to the company’s statement, all in-kind contributions made to date have been made with XRP. DWP Management argued that it offers investors income or long-term growth opportunities, while offering a
Commodity-backed cryptocurrencies, which are dominated by gold-backed tokens, have seen a historic surge in issuance this week, with minting volumes hitting their highest point in at least five years. The leap comes after gold futures traded above a $3,500 all-time high this week, after the Swiss Precious Metals Association warned that the U.S.’s 39% tariffs
Story Highlights Global money supply surge, ETF growth, and untapped retail demand could push Bitcoin past $122K. Trump’s 401(k) rule change opens $12T in retirement capital to crypto investments. Bitcoin ETFs near gold’s holdings, boosting its case as a reserve asset. Bitcoin is holding close to $120,000, the same level it reached on July 23.
The next six weeks might be crucial for Bitcoin, the first and largest cryptocurrency by market capitalization, according to legendary trader Peter Brandt. In a recent tweet, Brandt shared his view on the Bitcoin cycle in respect to the halving event, which occurs nearly every four years and reduces the rate at which new Bitcoins