A hypothetical $10k investment highlights a key divergence. From a technical perspective, Bitcoin displayed stronger resilience than precious metals during the US-Iran conflict. A hypothetical $10,000 investment in $BTC would have grown to $11,762, while the same investment in gold and silver would have hit $8,200 and $7,310, respectively. This is notable, as metals usually
Satsuma Technology said the High Court of Justice approved the cancellation of 11,235,874,700 B shares, authorizing the share-capital reduction behind a £30,718,881 return to shareholders. The return is fixed at £0.002734 per B share after the UK-listed company sold all 669 $BTC it disclosed. The B shares are the mechanism for moving cash back to
Solana blockchain co-founder Anatoly Yakovenko reacted sarcastically to a sudden agreement among AI industry leaders to force a halt to the development of advanced neural networks. Earlier, the heads of Anthropic (Dario Amodei), OpenAI (Sam Altman) and xAI (Elon Musk) simultaneously called for the industry to slow down, citing safety risks. However, the Solana co-founder
Every major TradFi player is pricing a rate hike. As reported by AMBCrypto, the latest CPI figure came in slightly higher than expected, with the US August inflation rising 0.4% compared to 0.1% in July. It left America’s inflation comfortably above the Fed’s 2% level, with the annual inflation standing at 3.4%, which would allow
Strategy, a company renowned for its large-scale Bitcoin holdings, has released a new institutional Bitcoin guide that goes well beyond simply accumulating $BTC as a balance sheet asset. The 21-page document, updated on September 7, positions Bitcoin not just as a scarce commodity, but as the backbone for an emerging digital capital market. Bitcoin as
Bitcoin failed to break $80,000 on Sept. 11 as US stocks climbed about 1% and long-dated Treasury yields stayed near levels not seen in years. Bitcoin registered an intraday high of $79,890, still short of the $80,000-$82,000 resistance zone identified by digital asset trading firm QCP. The S&P 500 closed up nearly 1%, while the
August’s inflation report left the Federal Reserve with a mixed signal: gasoline drove much of the headline increase, but monthly core inflation accelerated. That combination kept Governor Christopher Waller’s conditional case for a rate hike in play even as Bitcoin held its daily gain. CryptoSlate’s live Bitcoin market data had BTC at $78,683, up 2.08%
Michael Saylor recently highlighted Bitcoin’s potential as a global reserve asset in a tweet that garnered significant attention. He noted that Bitcoin possesses absolute scarcity and explored its role in investment portfolios. With the cryptocurrency market showing mixed signals, this perspective is timely and may influence trader sentiment moving forward. For further insights, see his
The analyst at CryptoQuant weighed in on $BTC’s notable price resurgence, which drove the asset from under $65,000 to over $82,000 within a few weeks, and, more specifically, on the subsequent rejection and what could follow around the corner. They believe the overall setup remains constructive, but the cryptocurrency has to overcome a stack of
Arbitrum has highlighted a remarkable growth in the tokenization of funds, suggesting a shift in market dynamics. This development, shared by the crypto commentator @arbitrum, indicates that funds are being tokenized at unprecedented levels. As traders analyze this trend, the implications for investment strategies and market participation could be significant, encouraging a new wave of