Disclaimer: The analyst who wrote this article owns shares in Strategy. Strategy (MSTR) adopted a bitcoin standard five years ago today, on Aug. 11, 2020, with its first purchase of 21,454 BTC for $250 million. The acquisition marked a historic shift in corporate treasury strategy. To that point, former AI and software development company had
A colossal movement in the crypto world recently caught the attention of market watchers. Whale Alert, a prominent blockchain tracking service, reported a substantial Bitcoin whale transaction involving 1,820 BTC. This significant BTC transfer, valued at approximately $221 million, originated from an unknown wallet and landed in Antpool, one of the largest Bitcoin mining pools.
Corporate Bitcoin treasuries have surged past $100 billion, raising concerns among analysts that the United States could one day nationalize these holdings in a move reminiscent of the gold standard era. Corporate crypto treasuries have surpassed $100 billion of digital asset holdings, with Bitcoin (BTC) treasury firms amassing 791,662 BTC worth about $93 billion, representing
Pro-Bitcoin El Salvador has taken another step toward fully integrating Bitcoin into its financial system, allowing banking institutions to offer Bitcoin and other crypto services. Summary El Salvador’s new Investment Banking Law enables banks to provide Bitcoin and digital asset services, including trading, custody, and issuance. Investment banks can also act as digital asset issuers,
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has dropped a bold insight into the current financial market setup. In a post on X, Kiyosaki warns of a looming stock market crash and its implications for investment options. Safe haven assets: gold, silver and Bitcoin Notably, the renowned author believes the indicators of a
Bitcoin’s (BTC) implied volatility (IV) has moved from 33 to 37 on Monday, a notable uptick from multi-year lows and a possible signal that the market’s long stretch of calm is nearing an end. The Deribit Volatility Index (DVOL), modeled after the VIX in traditional markets, tracks the 30-day implied volatility of bitcoin options and
Bitcoin price has surged close to 7% over the past week, a sharp move even for the OG crypto. The rally’s pace is drawing comparisons to the last push before its July 14 all-time high (ATH) at $122,838. However, a closer look at both on-chain and technical indicators shows that this time, market conditions are
The price of Bitcoin shot above $122,000 on Monday, building on momentum from a bullish executive order in Washington and three straight days of spot Bitcoin exchange-traded fund inflows to close out last week. Henrik Andersson, chief investment officer of Apollo Crypto, said the move was overdue following a month of consolidation. “In our view
Cryptocurrency investor and analyst Anthony Pompliano said that Bitcoin’s high volatility, which has long made it attractive to investors, has decreased markedly in recent years. Pompliano discussed the potential impact of this change on the market, citing comments from Bloomberg’s Eric Balchunas, analyst Mitchell Askew, and investor Joe Burnett. According to Balchunas, volatility has fallen