The S&P 500 broke through 6,300 for the first time in history on Tuesday, as rising demand for crypto stocks and tech names sent U.S. markets higher across the board. This happened just a day after Wall Street posted small gains even with President Donald Trump threatening 30% tariffs on Mexico and the European Union,
Samson Mow, a vocal Bitcoin supporter and the CEO at JAN3 company that is focused on helping nation-states to adopt BTC, has addressed the crypto community with an important Bitcoin-ATH message on his X profile. Mow is also widely known as one of those bulls who predict Bitcoin to reach $1 million “soon”, expecting it
Bitcoin BTC$117,092.41 retreated from Monday’s record high of $123,000 to trade below $117,000, about 5% below the peak, as investors locked in gains earned during the weekend rally in one of the largest profit-realization events for bitcoin this year. Glassnode data shows that investors collectively realized $3.5 billion in profit over the past 24 hours,
ChainGPT announces the strategic integration of Kima Network’s decentralized settlement SDK to transform the landscape of Web3 fundraising. With this integration, Kima will empower ChainGPT Launchpad to enable seamless cross-chain stablecoin swaps through its state-of-the-art decentralized settlement SDK. What’s more, the users will be able to contribute to $USDT, $USDC, and other stablecoins. These stablecoins
A co-founder of the defunct crypto lending business BlockFi has made her next move. Flori Gilroy is now the senior vice president of SoFi’s crypto unit. The new hire was quietly made official via an update to the masthead on SoFi’s website and confirmed by a source familiar with SoFi’s business operations. It’s unclear when
Barstool Sports founder Dave Portnoy has offered a reflection on his investing approach, admitting that, for all the debate and analysis, simply buying Bitcoin (BTC) might have been the smarter move all along. Portnoy shared that he talks with his financial advisor daily about stocks, only to confess they may have been overthinking it. All
According to data provided by Whale Alert, Bitcoin’s “potential profit,” which is a hypothetical measure representing the total unrealized profit of all coins in circulation, has hit a new record high of $1.47 trillion. Earlier today, Bitcoin briefly skyrocketed to a new record high of $123,236 on the Bitstamp exchange before giving up some of
Lloyds Banking Group and Aberdeen Investments have executed the United Kingdom’s first foreign exchange (FX) trade collateralized using tokenized assets, including UK gilts and money market fund units. The transaction was facilitated through a partnership with Archax, a Financial Conduct Authority (FCA)-regulated digital asset exchange, and carried out on the Hedera Hashgraph blockchain. The initiative
Professional Capital Management founder and CEO Anthony Pompliano says that Bitcoin (BTC) has become the “greatest show on Wall Street.” In a new interview with CNBC’s Squawk Box, Pompliano gives three reasons why BTC is leading the crypto markets to new all-time highs. “First of all, welcome to The Greatest Show on Wall Street. I
For the first time ever, MicroStrategy admitted that over the course of a single week, it diluted all four classes of the company’s public securities. The liquidations are classed as accretive dilution because the sales allow the company to buy slightly more bitcoin (BTC) than the proceeds of its sales. This is only possible, of