Leading cryptocurrency Bitcoin started “US Crypto Week” with new records, and the rise is expected to continue. At this point, Wall Street-based asset manager Bernstein predicted that Bitcoin would reach $200,000, driven by the corporate boom. According to The Block, Bernstein predicted that Bitcoin could reach $200,000 by the end of 2025 or the beginning
Ripple could benefit immensely as the Federal Reserve officially adopts ISO 20022 for FedWire, having already positioned itself with early compliance. Notably, the U.S. Federal Reserve today officially made the switch to ISO 20022 for its FedWire Funds Service. This represented an important step toward modernizing the country’s payment infrastructure. FedWire Switches to ISO 20022
Satoshi Nakamoto, the guy behind Bitcoin, is now thought to be the 11th richest person on the planet. And he has not moved a single dollar to get there. With Bitcoin hitting over $123,000, the 1.096 million BTC linked to Nakamoto’s early mining activity is now worth over $133 billion, according to Arkham Intelligence. That
BlackRock’s iShares Bitcoin Trust (IBIT) is racing toward $100 billion in assets, a milestone it could reach before the end of July. Following a surge in inflows and a robust Bitcoin rally, IBIT’s total net assets have soared to approximately $88 billion — just $12 billion away from that threshold. Trading at around $69 on
Funds offering exposure to Ethereum have been growing at a faster rate than Bitcoin counterparts, underscoring newfound demand for the asset, according to CoinShares Head of Research James Butterfill. Over the past 12 weeks, Ethereum-linked funds’ assets under management have grown 19.5% to $19.6 billion, he wrote in a report on Monday. The AUM of
Bitcoin’s largest social media network woke up this morning to the disappearance of one of their most popular members. Despite an all-time high in the price of BTC, the pseudonymous skeptic Pledditor has seemingly deleted their account and all prior tweets. Every day, tens of thousands of followers tuned in to Pledditor’s mostly skeptical observations
Crypto detective ZachXBT is calling out Circle again, this time amid the company’s insane Wall Street debut. On X, Zach said: “Circle leadership does not actually care about the industry.” Circle’s IPO launched with below $40 price per share and exploded past $300 in just over a month. At its peak, the company was valued
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Bitcoin at $120,000 is a win for everyone on the left and right sides of the infamous bell curve meme. Mid-curving is almost never the optimal strategy. Except for, perhaps, very specific points in a cycle — particularly in deep bear
In the dynamic world of digital assets, strategic moves by key players often signal shifting tides and growing confidence. Recently, DigitalX, a prominent Australia-based digital investment manager, made headlines with a significant announcement that underscores its deepening commitment to the cryptocurrency space. The firm revealed it has acquired an additional 109.3 BTC, substantially increasing its