Anthony Scaramucci, founder of SkyBridge Capital, made striking statements regarding the valuation of Bitcoin (BTC). According to the famous investor, Bitcoin should be seen as an asset class on a global scale, not just an investment tool. Scaramucci made the following statement in his assessment: “You have to ask: Is Bitcoin an asset class? If
U.S. Senator Cynthia Lummis has presented a remarkable proposal to address the nation’s long-term fiscal problems. According to Lummis, if the United States held 1 million Bitcoins (BTC) as a strategic reserve for 20 years, it could eliminate half of the $37 trillion national debt. Lummis stated that the process could be accelerated, saying the
Over the past week, the Bitcoin market experienced significant volatile price action, resulting in a net price loss of 0.07%. Notably, the crypto market leader initially surged to $118,000 as bullish sentiments rose after the US Federal Reserve announced the first interest rate cut of 2025. However, Bitcoin has since retraced to around $115,700 in
Crypto investment firm Pantera Capital says the utility token of one layer-1 blockchain possesses massive upside potential amid low adoption by institutional investors relative to Bitcoin (BTC) and Ethereum (ETH). Pantera Capital says Solana (SOL) is “next in line” for its “institutional moment” ahead of the potential approval of a spot Solana exchange-traded fund (ETF)
ZEROBASE, a real-time ZK prover network, announced a strategic collaboration with the HPX Wallet, a multi-crypto and secure digital wallet. With this partnership, HPX integrated ZEROBASE’s security-enhancing architecture into its multi-coin wallet solution. With this synergy, the HPX wallet seeks to allow its customers to efficiently access DApps in an effective and rewarding way while
In the world of crypto and fintech, several innovative projects have secured significant funding recently, further fueling the sector’s growth. From Bitcoin-focused strategies to wealth management solutions, we’ve compiled a roundup of notable fundraising rounds, including projects raising over $20 million. Summary Capital B raised $68.9 million to expand its Bitcoin treasury, leading this week’s
According to BitcoinTreasuries data, institutions hold a total of 3.74 million Bitcoins, equivalent to approximately 17.8% of the current supply. These assets are held by ETFs, public companies, governments, private companies, exchanges, and DeFi protocols. ETFs and public companies, in particular, make up the largest portion of the total. According to the data, 332 institutions
Bitcoin has maintained a steady uptrend since the start of the month, fueling expectations of a move toward $120,000. The positive momentum has been backed by strong investor activity, with BTC holders showing renewed confidence. This combination of technical and fundamental strength is providing the market with bullish signals. Bitcoin Investors Switch To Buying The
Morgan Stanley’s Chief Investment Officer, Mike Wilson, has upended conventional wisdom surrounding the classic 60/40 portfolio, advocating instead for a 60/20/20 mix. Gold now joins bonds as a direct allocation for investors seeking resilience in a time of inflation and market volatility. A new framework from Morgan Stanley Instead of relying solely on bonds to
Airdrops are Web3’s go-to growth hack, flooding wallets with billions of dollars in tokens to onboard new users, but the data shows most of that hype fades in just 90 days. According to a report from DappRadar, projects across DeFi, NFTs, and blockchain gaming have handed out more than $20 billion in tokens since 2017,