Bitcoin reached an all-time high, reaching as high as $123,000. Following this historic surge, investors and analysts have begun to re-discuss the next big goal for the world’s largest digital asset: reaching the market capitalization of gold. Currently, the price of Bitcoin is hovering around $117,252 and its total market capitalization is around $2.34 trillion.
In a significant move that underscores the growing confidence of traditional finance in the digital asset space, Nasdaq-listed Hilbert Group has announced a substantial increase in its Bitcoin (BTC) holdings. This development isn’t just another headline; it’s a powerful indicator of how established financial entities are strategically integrating cryptocurrencies into their portfolios. Let’s delve into
Jeremie Davinci, one of Bitcoin’s longest-standing evangelists, just revealed a figure that stands out: $500,000. That is where he sees the Bitcoin price heading before the end of the decade. The timing is curious. BTC recently pulled back from highs of $123,000 and is now trading under $117,000, marking a 2.4% daily drop. The pullback
Teddy Fusaro, president at Bitwise Invest, has predicted that “everyone” will end up owning Bitcoin in the future. “The only question is whether you choose it early, or it’s chosen for you later,” he said. This comes in response to a recent Bloomberg report about anti-crypto financial giant Vanguard Group being the largest holder of
Michael Saylor, a Bitcoin evangelist and the executive chairman of the largest Bitcoin treasury company, Strategy, has published a tweet, announcing the recent achievement of his BTC-focused venture. In his tweet, Saylor shared the Bitcoin gain generated for the company’s shareholders recently and year-to-date as well. Saylor brags Strategy’s 2025 YTD Bitcoin gains Bitcoin ideologist
Bitcoin just had one of its most chaotic hours in recent memory, and the numbers speak for themselves. In just one hour, over $2.78 million in BTC long positions were erased, with a striking difference: $2.75 million in longs versus a mere $32,000 in shorts, as per CoinGlass. That is an 8,593% imbalance, which is
GameStop, backed by a strong balance sheet with over $9 billion in cash and marketable securities, plans to deploy more capital into Bitcoin and digital assets following its initial investment, but only when conditions present a favorable risk-reward profile, said CEO Ryan Cohen in a Tuesday interview with CNBC’s ‘Squawk Box.’ GameStop announced in May