Last month, the United States Commerce Department signed letters of intent to award just over $2 billion to nine quantum computing companies building the machines that break the cryptography defending Bitcoin and Ethereum, and the cryptography that the rest of the internet runs on. These are not simply research grants. They represent industrial policy for
Metaplanet announced on Friday that it has agreed to acquire Siiibo Securities in a 2.1 billion yen ($13.1 million) deal to form a securities arm. The Tokyo-listed Bitcoin ($BTC) treasury company said it entered into a share transfer agreement to acquire 100% of the Japanese securities company, a licensed financial instruments business operator. After closing,
A small Bitcoin website launched 16 years ago has returned to the spotlight after crypto accounts marked one of the earliest giveaways in the network’s history. The site, known as the Bitcoin faucet, gave free $BTC to users at a time when the asset had little market value and needed more people to test it.
While the debate continues about whether Bitcoin has reached its bottom after the sharp sell-offs in the cryptocurrency market in recent weeks, André Dragosch, Head of Research at Bitwise Europe, made some noteworthy assessments. According to Dragosch, Bitcoin risks a further 20% drop from current levels, and in the worst-case scenario, the price could fall
Major global institutions and asset managers are not waiting for a single stablecoin to dominate the market. Instead, they are pushing for a regulated, interoperable infrastructure that allows seamless movement between deposit tokens and money market funds (MMFs), according to Thomas Eichenberger, Chief Strategy Officer at digital asset bank Sygnum. Institutional Demands Are Clear Speaking
Grayscale Investments, a prominent digital asset management firm, has been recognized on Fortune’s first-ever ‘Crypto 100’ list, a ranking of the most influential companies shaping the cryptocurrency and blockchain ecosystem. The company announced the honor via its official X account, expressing gratitude for being included among the firms driving the future of the digital asset
Michael Saylor, founder of Strategy, one of the world’s largest institutional Bitcoin investors, has clarified the long-debated “never sell” adage. Speaking at a Bitcoin event in Prague, Saylor stated that the company could sell some of its Bitcoin holdings if deemed necessary, emphasizing that his past statements were directed at individual investors. Responding to criticism
Bitcoin analysts observing the cryptocurrency’s recent behavior think a major move is imminent, but the direction of the move is yet uncertain. Bitcoin’s Symmetric Triangle Renowned cryptocurrency technical analyst, Ali Martinez, says Bitcoin is bound to break out of a symmetrical triangle soon. The analyst highlighted a pattern on Bitcoin’s 4-hour chart, showing how the