Bitcoin rose 6% on Monday, surpassing the $70,000 level and leading a market-wide rally that pushed Ethereum, $BNB, and $XRP higher. Gains came despite intensifying tensions between the US and Iran. In a CNN interview this morning, Trump suggested that Washington has yet to unleash its full campaign against Iranian targets. The price of Bitcoin
Strategy, the enterprise software firm that has become the world’s largest corporate holder of Bitcoin, today disclosed the purchase of 3,015 BTC for $204 million, bringing its total digital asset reserves to 720,737 coins worth over $47 billion. The company, led by executive chairman Michael Saylor, acquired the stash at an average cost of $67,700
Following the attacks on Iran, US President Donald Trump stated that the operations were progressing faster than planned and that the US was determined to achieve its objectives. Trump expressed his views on Iran at an event held as part of the Medal of Honor ceremony. Trump stated that the Iranian regime’s ballistic missile program
ProCap Financial, a Bitcoin-focused investment firm led by Anthony Pompliano, has purchased 450 Bitcoin, bringing its total holdings to 5,457 coins while lowering its average purchase cost, according to a Monday announcement. The purchase was funded by approximately $35 million from its working capital account. With Bitcoin currently trading at $66,341, ProCap’s Bitcoin treasury is
Crypto prices are rebounding from their worst weekend levels in early U.S. trading on Monday alongside a sizable bounce in U.S. equity indices. Roughly one hour into the session, the Nasdaq is down just 0.1% after futures at one point overnight had indicated a plunge of more than 2%. The S&P 500 and DJIA are
While a potential conflict between the US and Iran has been discussed for a long time, US President Donald Trump gave final approval to the operation against Iran on the 28th. At this point, as the US launched a full-scale military operation against Iran over the weekend, US Defense Secretary Pete Hegseth made new statements
Hong Kong and Shanghai authorities have agreed to deepen cooperation on using blockchain technology to streamline trade finance and cargo documentation, under a new partnership announced Monday. The Hong Kong Monetary Authority (HKMA), the Shanghai Data Bureau (SDB) and the National Technology Innovation Center for Blockchain (NTICBC) have signed a memorandum of understanding (MoU) to
Crypto investment products recorded their first weekly inflows since January last week, snapping a five-week outflow streak of around $4 billion. Crypto exchange-traded products (ETPs) attracted $1 billion in inflows last week, led by $882 million into Bitcoin (BTC) funds, according to a Monday report from CoinShares. “From a macro standpoint, it is difficult to
Sony Bank said it has signed a memorandum of understanding with stablecoin issuer JPYC Inc. to study whether the Japanese yen-pegged stablecoin JPYC can be connected more directly to the bank’s deposit rails. In a statement Monday, the companies said they will study real-time account transfers that would allow users to purchase JPYC instantly from
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1907.12, up 0.3% (+5.99) since 4 p.m. ET on Friday. Eight of the 20 assets are trading higher. Leaders: NEAR (+12.4%) and SOL (+2.1%). Laggards: DOT (-7.3%) and BCH