New analysis from a16z crypto, the digital asset arm of venture capital firm Andreessen Horowitz, reveals that 94% of cryptocurrency purchases made with Argentine pesos are directed into stablecoins. The report, released on Aug. 30, underscores how stablecoins have become a de facto dollar access point in a country facing persistent inflation and currency controls.
Metaplanet has paid over $45 million to operate a bitcoin ($BTC) treasury company that has a $1 billion unrealized loss from investing in $BTC. The Japanese company that emulated Michael Saylor’s Strategy loaded its purchases far higher than Strategy’s $75,385 cost basis. It paid 36% more, to be precise. Indeed, Metaplanet has paid $4.41 billion
Bitcoin ($BTC) gyrated around $78,000 at Monday’s Wall Street open as US bond yields neared 20-year highs again. Key points: Bitcoin reacts as the US Treasury Secretary comments on bond markets in a mainstream media interview. Analysis warns that bonds are “ignoring” policy changes as new 20-year highs loom for the 30-year yield. $BTC price
Bitcoin, the leading cryptocurrency, has experienced a significant surge in recent days, climbing from $62,000 to over $81,000. Whales were the biggest buyers during this rise, and there was a clear divergence between the actions of large and small investors. According to on-chain data shared by CryptoQuant writer Woo Minkyu (using a pseudonym), large wallets
After months of decline, August offered a glimpse that the cryptocurrency bear market might be at its end, as rising digital asset prices led to a large increase in the number of addresses holding more than $1 million worth of Bitcoin ($BTC). Specifically, data compiled by Finbold and retrieved from BitInfoCharts, as well as from
The S&P 500 is on course to deliver another positive inflation-adjusted return in 2026, but this year’s gains increasingly depend on corporate profits keeping pace with a tougher interest-rate environment. The benchmark has risen roughly 12%–13% year to date through late August, comfortably exceeding the latest U.S. inflation readings. The Consumer Price Index was up
Strive CEO Matt Cole took it to X to announce that the company has accumulated another 1,800 $BTC for $143 million at an average price of $79,431 per unit. Thus, the firm’s total holdings have grown to 23,156 $BTC. From a USD perspective, the firm’s cryptocurrency stash is now worth $1.760 billion, given the asset’s