Strive Asset Management’s perpetual preferred stock, SATA, has demonstrated significant investor demand, raising enough capital within the first hour of trading to acquire 75 Bitcoin ($BTC), according to a report from $BTC Treasury. The development follows the firm’s recent addition of 1,110 $BTC to its treasury last week, underscoring a growing trend among asset managers
US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to six trading days on Monday, adding another $337.6 million and pushing the run to roughly $2.26 billion. The latest intake has put the funds on course for their strongest month of 2026. Bitcoin ETFs have attracted about $2.72 billion in August, according to CryptoRank,
Anthony Pompliano, founder of crypto-focused investment firm Pompl Investments, said on Fox News that Bitcoin will continue to rise sharply. He argued that the U.S. government will never stop printing money, and as long as it continues, Bitcoin’s price will keep climbing. Why Pompliano’s comments matter Pompliano’s remarks come amid ongoing concerns about inflation and
The Human Rights Foundation has announced support for more projects around the globe, this time giving over 600 million satoshis — worth $472,807 at today’s prices — in grants to 16 projects based in Africa, Asia, and Latin America. Coming from the HRF’s Bitcoin Development Fund, the grants will help projects that want to strengthen
Cross-border payments have become increasingly digital, but much of the financial infrastructure underpinning them still operates around traditional banking and settlement hours. Stablecoins offer a different model. Dollar-backed tokens such as $USDT and $USDC can move and settle across blockchain networks around the clock, creating access to dollar-denominated liquidity even when conventional banking infrastructure is
Bitcoin soared past $81,000 for the first time since January on Monday before dropping slightly. The recent moves have market observers asking if the debasement trade is back. The biggest cryptocurrency was recently trading for $79,098 on Tuesday morning in New York after hitting $81,160 the evening before. Over a 24-hour period, the coin now
Nvidia stock (NVDA) rose around 2% to $212 on Tuesday, putting the stock on track to halt its seven-session losing streak as investors prepared for the chipmaker’s fiscal second-quarter earnings after the bell Wednesday. The seven-day decline was Nvidia’s longest losing streak since 2022, with shares falling 7.5% over the stretch. The recent weakness has
In brief Bitcoin is up roughly 24% over the past week to near $79,000, its best run since 2023, while the altcoin market grew by less even during the sharpest leg of the rally. Bitcoin dominance, its share of the total crypto market, has climbed to around 61%, the opposite of what typically happens when
Bitcoin finally punched through 80,000 dollars. The daily candle on Bitstamp opened at 78,985 dollars, ran up to 81,255 dollars, and then handed most of that back, settling near 79,121 dollars for a gain of only 0.17 percent on the session. It was the first time Bitcoin traded above 80,000 since May, and the seven-day