Tech entrepreneur, CEO of Tesla and xAI, Elon Musk, has announced an important upcoming update of xAI’s Grok AI chatbot. However, while doing so, he cited his own popular tweet published four years ago, in 2021. Back then, this tweet became one of those Twitter posts that some analysts wanted to sue Musk for, alleging
Many traders have traditionally seen Bitcoin’s halving event as a predictable indicator of a looming price rally. In 2024, however, the cycle broke away from its precedent. For the first time, Bitcoin’s price surged before rather than after the halving episode. Derivatives trading experts have told BeInCrypto that the pre-halving price rally will likely become
Bitcoin price stands at $119,128 with a market capitalization of $2.37 trillion, supported by a 24-hour trading volume of $63.34 billion. The day’s intraday range of $117,201 to $121,073 reflects a market in consolidation following a recent sell-off from August’s highs, as traders weigh directional cues from key technical indicators across multiple timeframes. Bitcoin The
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors red on the day, BTC dominance rebounds; BTC at $119k ETH ETFs see another top 5 day, outpace
Disclaimer: The analyst who wrote this article owns shares in Strategy. Bitcoin’s risk-adjusted performance continues to stand out, with a Sharpe ratio of 2.15, the highest among major assets. This means that, relative to its volatility, bitcoin has delivered exceptional returns over the historical period. Strategy (MSTR), which maintains significant bitcoin exposure through corporate holdings,
Taiwan-listed public company WiseLink has stepped into Bitcoin treasury financing, leading a $10 million raise for Top Win International (Nasdaq: SORA), a Hong Kong-based luxury watch trader and retailer now expanding into digital assets. The parties say their move marks the first time a Taiwan-listed firm has backed a Bitcoin treasury company. “We believe now
In perhaps an unexpected twist in 2025, BNB Smart Chain (BNB Chain) has secured the lead in hosting decentralized applications (DApps), now including 5,836 DApps-ahead of Ethereum with 5,096. This transition marks a activity towards more low-cost, large-throughput platforms taking root in the DeFi and Web3 planet. What Are the Forces behind the Shift? Reduced
Michael Saylor, the co-founder and executive chairman of the Bitcoin-stacking firm Strategy, has taken to his official X account to spread the word about the US government finally recognising Bitcoin as a treasury asset. Saylor reposted a Bitcoin statement made by the US Treasury secretary, adding his comment to that message. That US Treasury secretary’s
Circle (CRCL) plans to offer 10 million shares in a secondary stock sale priced at $130 per share, more than four times to price of its initial public offering in June. The stablecoin issuer behind the USDC token is itself offering 2 million shares of Class A common stock, it said in a Tuesday filing
The world of finance is buzzing with significant news! U.S. banking giant Wells Fargo has dramatically increased its Wells Fargo IBIT holdings in the second quarter of this year. This move signals a growing trend of institutional engagement with digital assets, specifically through Bitcoin ETF investment. Previously holding $26 million, Wells Fargo’s stake in BlackRock’s