Crypto exchange-traded product (ETP) provider 21Shares has launched an investment product giving European investors access to a preferred stock issued by Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin. The asset manager will list its 21Shares Strategy Yield ETP under the ticker “STRC NA” on Euronext Amsterdam on Thursday, the company said Wednesday.
The chance of Bitcoin reaching $1,000,000 is higher than the chance of it dropping to $0, according to Austin Arnold, founder of Altcoin Daily. The statement comes as Bitcoin now trades at $66,700, down 48% from its all-time high. Some bearish commentators, like Peter Schiff and Mike McGlone of Bloomberg, have predicted a drop to
When bitcoin ($BTC) was above $84,000, Strategy (formerly MicroStrategy) founder Michael Saylor said, “sell a kidney if you must, but keep the bitcoin.” Yesterday, $BTC hit $63,000. Since his February 27, 2025 advice, $BTC has crashed by $19,000, and his company has lost $20 billion in market capitalization. Strategy’s February 2025 holdings (499,096 $BTC) have
Real World Assets (RWAs) have reached a major milestone. Data from DefiLlama shows that the active market cap of RWAs has surpassed $15 billion for the first time. This figure reflects assets actively circulating in wallets and smart contracts rather than tokens that issuers hold or lock, highlighting genuine participation and on-chain engagement. The achievement
Banco Braza, one of Brazil’s major foreign exchange banks, has launched a new Brazilian Real-backed stablecoin called $BBRL on the Polygon blockchain. The token is fully backed 1:1 by the Brazilian Real and is designed to support faster and cheaper digital payments. With this move, Brazil takes another step toward linking traditional banking with blockchain
GD Culture Group (GDC) has received board approval to sell part of its 7,500 bitcoin reserve to help fund a previously announced stock repurchase program, the company said. The board authorization allows management to decide when and how to carry out the bitcoin sales. GD Culture emphasized it’s not obligated to sell any set amount
Bitcoin correlation with U.S. equities has fallen to its weakest level since late 2022, according to market intelligence firm Santiment. In a recent post on X, the firm explained that Bitcoin has historically moved in tandem with the S&P 500. For instance, when interest rates were low and economic growth was strong, as in 2021
As the cryptocurrency market navigates a challenging period, Google Trends data shows a notable shift in crypto-related search behavior during the prolonged bear market. While price charts reflect a gloomy atmosphere, a new wave of interest is quietly forming. This trend could create a pivotal shift for the market’s next cycle. Diverging Retail Investor Sentiment