Corporate Bitcoin treasuries have surged past $100 billion, raising concerns among analysts that the United States could one day nationalize these holdings in a move reminiscent of the gold standard era. Corporate crypto treasuries have surpassed $100 billion of digital asset holdings, with Bitcoin (BTC) treasury firms amassing 791,662 BTC worth about $93 billion, representing
Pro-Bitcoin El Salvador has taken another step toward fully integrating Bitcoin into its financial system, allowing banking institutions to offer Bitcoin and other crypto services. Summary El Salvador’s new Investment Banking Law enables banks to provide Bitcoin and digital asset services, including trading, custody, and issuance. Investment banks can also act as digital asset issuers,
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has dropped a bold insight into the current financial market setup. In a post on X, Kiyosaki warns of a looming stock market crash and its implications for investment options. Safe haven assets: gold, silver and Bitcoin Notably, the renowned author believes the indicators of a
Bitcoin’s (BTC) implied volatility (IV) has moved from 33 to 37 on Monday, a notable uptick from multi-year lows and a possible signal that the market’s long stretch of calm is nearing an end. The Deribit Volatility Index (DVOL), modeled after the VIX in traditional markets, tracks the 30-day implied volatility of bitcoin options and
Bitcoin price has surged close to 7% over the past week, a sharp move even for the OG crypto. The rally’s pace is drawing comparisons to the last push before its July 14 all-time high (ATH) at $122,838. However, a closer look at both on-chain and technical indicators shows that this time, market conditions are
Tesla Inc. (TSLA) turned to the biggest holding of Cathie Wood’s flagship ARK Innovation ETF (ARKK). However, Roku Inc. and Coinbase Global Inc. also made it to the top 3 holdings of the ETF, suggesting a solid upward trajectory for these companies. This comes in when ARKK recorded its biggest single-day cash injection ever of
South Korean retail investors are on the hunt for exciting ways to grow their money. According to Bloomberg, one name keeps popping up: BitMine. This company, which mines Bitcoin, has quickly become the top foreign stock choice for many everyday investors in South Korea. Why Is BitMine So Popular? BitMine’s business is pretty simple —
Cryptocurrency investment products posted gains last week, rebounding after the prior week ended a record 15-week inflow streak totaling $27.8 billion. Global crypto exchange-traded products (ETPs) saw $572 million of inflows during the trading week ending last Friday, the European crypto asset manager CoinShares reported on Monday. The new inflows came amid Bitcoin (BTC) and
Video-sharing platform Rumble is considering an all-stock acquisition of Tether-backed AI and data center operator Northern Data. Summary Northern Data shareholders would receive 2.319 newly issued Class A Rumble shares for each share they tender. The company owns five data center sites with potential energized capacity of nearly 850 MW, including a 180 MW facility