The world of traditional finance is witnessing a seismic shift, and a recent announcement from Nasdaq-listed Scilex Holding Company (SCLX) highlights this trend perfectly. This pharmaceutical firm has made a truly groundbreaking move, agreeing to exchange a staggering $200 million worth of stock in its subsidiary, Semnur Pharmaceuticals, Inc., for Bitcoin. This significant Scilex Bitcoin
Bitcoin is still under pressure, and this time, institutional activity is the source of the pressure. Statistics indicate that on Sept. 22, 2025, Bitcoin spot ETFs saw one of the biggest daily drawdowns of the year, with an outflow of an astounding $363.17 million. The price of Bitcoin is currently hovering around $113,000, holding onto
The prominent investor Robert Kiyosaki is widely known for three things: authoring the best-selling personal finance book Rich Dad Poor Dad, making exceptionally provocative posts on X, and being relentlessly bullish on gold, silver, and Bitcoin (BTC), while remaining mightily bearish on the U.S. dollar. This year, his long-standing calls on “real money” have been
Will Bitcoin Crash? The Question on Every Trader’s Mind The crypto market is at a crossroads, and Bitcoin is once again at the center of debate. On one side, BlackRock, Fidelity, and other ETFs offloaded $363 million worth of Bitcoin, sparking fears of a major correction. On the other, analysts point to gold’s recent breakout
Story Highlights Gold hits record highs, now up around 40% YTD Binance’s CZ reacts to it, flagging its limitations Analysts suggest Bitcoin rally could follow next Gold has been hitting record highs, inching closer to the $3,800 mark. It is up over 40% year-to-date. The precious metal is experiencing a rally driven by factors like
Summary Michael Saylor stepped into the Bitcoin Core vs Bitcoin Knots battle, voicing remarks that cast a shadow on Bitcoin Core’s upcoming upgrade. The upgrade will remove the spam filter, allowing posting big-size images and other types of content on Bitcoin. Critics say arbitrary data will make it harder to use Bitcoin as electronic cash.
Much has been made of bitcoin’s underperformance to gold — which Tuesday hit yet another in a long series of records, crossing above $3,800 per ounce for the first time. But gold isn’t the only asset partying while bitcoin stagnates under $115,000. U.S. stocks have also been notching record highs on what seems to be a
Ostium Research’s latest weekly note opened with Bitcoin under pressure after a swift selloff into the new week, describing “a mass liquidation event” that pushed price as low as $111,761, after rejection near resistance in the mid-$117,000s. The team frames the drawdown as part of a previously flagged “window of weakness… into early October,” while
El Salvador transferred more than $678 million worth of Bitcoin into several wallets for security purposes. The government moved approximately 6,274 BTC from a single national address into 14 separate addresses in a single sweep, each capped at 500 BTC, in late August. The decision, confirmed by the National Bitcoin Office (ONBTC), was reportedly made
The Bitcoin Core v30 update has split the Bitcoin community apart. There are now pro- and anti-Core v30s in the Bitcoin space. The latest debate is fueled by Luke Dashjr, a prominent developer renowned for his work on Bitcoin Knots. Dashjr, in a post on X, maintains that running Core v30 is an endorsement of