Strategy has recently achieved another milestone, led by the aggressive Bitcoin ($BTC) accumulation strategy. Thus, as a result of the continuous bull market of Bitcoin ($BTC), the realized profits of Strategy have jumped to $31B. As the popular CryptoQuant analyst, JA Maartunn, disclosed on social media, this development is driven by Bitcoin’s massive bull run.
The stablecoin-focused GENIUS Act, which was enacted in July, will trigger an exodus of deposits from traditional bank accounts into higher-yield stablecoins, according to the co-founder of Multicoin Capital. “The GENIUS Bill is the beginning of the end for banks’ ability to rip off their retail depositors with minimal interest,” Multicoin Capital’s co-founder and managing
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. A ruble-backed stablecoin tied to a sanctioned Russian defense bank somehow
Bitcoin’s price rallied last week, climbing 12.14% and erasing the losses from a lackluster September. While altcoins largely drove major rallies from July to September, this time the bull run was led by Bitcoin. Over the same period, major altcoins like Ethereum (ETH) and Solana (SOL) saw more modest gains of 12.90% and 13.24%, respectively.
Bitcoin’s (BTC) historical price trajectory highlights a clear pattern. While the asset has consistently climbed to new highs after each halving, the gains have diminished. In fact, new research revealed that “the degree of post-halving price gains has compressed over time since the second halving.” Returns Are Shrinking Fast Halvings, which reduce the rate of
Financial services giant Morgan Stanley issued guidelines for crypto allocations in multi-asset portfolios, recommending a “conservative” approach in an October Global Investment Committee (GIC) report to investment advisors. Analysts at Morgan Stanley recommended up to a 4% allocation for cryptocurrencies in “Opportunistic Growth” portfolios, which are structured for higher risks and higher returns. The analysts
Coinbase CEO Brian Armstrong has recalled that one could buy 1,309 BTC for exactly $1 roughly 16 years ago. “The people crazy enough to think they can change the world are the ones who do,” Armstrong said. Bitcoin’s earliest price was purely theoretical since it was calculated by a developer named NewLibertyStandard based on the
Bitcoin-friendly Donald Trump won was inaugurated in January as the 47th President of the United States of America. But ahead of being formally sworn in, the commander in chief dropped a meme coin. Yes, you read that right. Running on the Solana network, the TRUMP token at one point had a market cap of $14
The UK government is teaming up with Wall Street to revive London’s fading appeal as a global listing hub. Chancellor Rachel Reeves and Anthony Gutman, one of Goldman Sachs’ top investment bankers, will co-host a private roundtable on Monday with executives from technology and other growth sectors to pitch London as a viable destination for