According to Polymarket bettors, Bitcoin, the flagship cryptocurrency, currently has a 25% chance of surpassing the $125,000 level as early as this September. Earlier today, the top cryptocurrency by market cap reached an intraday high of $117,934 on the Bitstamp exchange. It is down roughly 5.5% from its all-time peak of $124,517, which was reached
Key Takeaways The U.S. government now holds more Bitcoin than China and the UK, with about 198,000 BTC worth over $20 billion. China holds around 190,000 BTC, the UK about 61,000 BTC, and with U.S. holdings included, the three countries together control about 2.1% of all Bitcoin. The United States now holds about 198,000 Bitcoin
Bitcoin crossed $117,000 in the past 24 hours, posting gains even as global equity markets swung sharply following the Federal Reserve’s latest rate cute. While stocks struggled to find direction, BTC managed to hold steady, supported by renewed inflows into crypto investment products. Bitcoin ETF Inflows Rise The Federal Open Market Committee announced a 25
The first Bitcoin ETF in Poland is now trading on the Warsaw Stock Exchange, the largest venue of this kind in the eastern half of Europe. Besides exposure to the world’s leading coin, the product is expected to provide greater acceptance of cryptocurrencies in Polish finance. The product debuts at a time when the country
The U.S. central bank cut its target for the federal funds rate by 25 basis points on Wednesday for the first time this year. BTC Hits $117K Following Fed Interest Rate Decision Many were left puzzled when bitcoin ( BTC) dipped to $115K almost immediately after the U.S. Federal Reserve finally cut interest rates by
After Tuesday and Wednesday’s dormancy drama, another blast from bitcoin’s past strutted onto the stage. Three wallets minted in 2013 finally broke their 12-year silence, shifting 300 BTC—now valued at north of $35 million—like it was pocket change. From $40K to Over $35 Million: 2013 Bitcoin Moves After 12-Year Hibernation At block heights 915227 through
Imagine placing a bet on whether a political candidate wins an election, not in USDC or dollars, but in Bitcoin—and when the bet resolves, you don’t lose your exposure to Bitcoin’s value. That’s the provocative case made in “Bootstrapping Liquidity in BTC-Denominated Prediction Markets.” The paper suggests that for many users, BTC settlement isn’t just
Leading American crypto exchange Coinbase ventured deeper into the on-chain economy with the launch of its Ethereum layer-2 network Base in 2023. Originally billed as “a ‘bridge’ for users into the cryptoeconomy,” Base was designed to house Coinbase’s existing on-chain products and provide an open ecosystem for millions of new decentralized apps. Since its launch,
NBA champion Tristan Thompson is teaming up with Improbable CEO Herman Narula and co-founder Hadi Teherany to roll out a new web3 experience designed to reinvent basketball fandom for the digital era. The project, named basketball.fun, will debut in October ahead of the NBA season and will attempt to gamify the way fans interact with
