Solana surged 5.5% on Friday and hit a daily peak above $241—the highest price seen since late January, as SOL gets a bullish boost from institutional interest. Forward Industries, a Nasdaq-traded design firm that serves medical and technology companies, announced earlier this week it had inked a $1.65 billion private investment in private equity, or
Allied Gaming & Entertainment, a Nasdaq-listed esports and gaming company, announced that it has invested in Bitcoin and Ethereum as part of a new “corporate treasury management strategy.” In response, its stock, traded under the ticker AGAE, soared 105% to $1.87 earlier Friday and has since dipped to $1.65, according to TradingView—still up 71% on
One of the dominant narratives this cycle has been that “this time is different.” With institutional adoption reshaping Bitcoin’s supply and demand dynamics, many argue that we won’t see the kind of euphoric blowoff top that defined past cycles. Instead, the idea is that smart money and ETFs will smooth out volatility, replacing mania with
As reported by Fortune, Grayscale Founder Barry Silbert has revealed his crypto pick aside from Bitcoin. At Fortune’s Brainstorm Tech conference in Park City, Utah, Silbert indicated he is betting on something other than Bitcoin, hinting at his newest passion. “I believe that the next big wave in crypto is going to be the convergence
Peter Schiff, probably the most vocal and stubborn hater of Bitcoin, has done it again. This time the target for his bespoke crypto criticism was Fundstrat’s Tom Lee, who shared a selfie with Strategy’s Michael Saylor, captioning that post with “Bitcoin and Ethereum are friends.” For Schiff, though, they are rather “partners in crime,” as
Bitcoin could easily secure a tenfold increase from here, according to Cameron and Tyler Winklevoss, co-founders of crypto exchange Gemini. In a recent interview on CNBC’s Squawk Box, the twin entrepreneurs suggested that the premier crypto asset could climb to $1 million. They said this while highlighting their long-held view that Bitcoin represents a modern-day
Key Takeaways Tesla (TSLA) shares gained over 10% in the past week. The surge marks renewed momentum for the company’s equity. Tesla shares gained more than 10% over the past week, marking a strong performance for the electric vehicle maker’s stock. The rally brings renewed momentum to Tesla’s equity, which trades under the ticker TSLA.
BSCS Global, a decentralized protocol for launching new blockchain projects, announced a strategic collaboration with Lendr.fi, a RWA tokenization platform. Using this partnership, Lendr.fi is well-equipped to expand its cutting-edge tokenization of assets by leveraging BSCS Global’s infrastructure for the targeted DeFi community and networks. BSCS Global and Lendr.fi aim to spur significant adoption of
BlackRock’s crypto portfolio has shifted significantly over the past week, with blockchain data showing a sharp reduction in its Ethereum holdings alongside renewed accumulation of Bitcoin. According to data retrieved by Finbold from on-chain intelligence from Arkham, BlackRock’s Ethereum position fell from 3.78 million ETH worth $16.82 billion on September 5 to 3.66 million ETH
All three major stock indices closed at record highs on Thursday afternoon and now on Friday, bitcoin is following suit. BTC Soars as Equities Peak A curious thing happened on Thursday. Inflation came in slightly hotter than expected after the Bureau of Labor Statistics reported an elevated Consumer Price Index (CPI), but it turns out