After soaring to just shy of $124,000 weeks ago, Bitcoin, the first and largest cryptocurrency by market capitalization, has been stuck in a narrow consolidation around $118,000 since. At press time, BTC was down 0.6% in the last 24 hours and 0.3% weekly at $118,539, having been mostly flat since the beginning of the week.
Central to Draper’s worldview is the notion that bitcoin is simply better technology than any government-issued currency. Roughly 20% of the global adult population is unbanked, according to the World Bank; Bitcoin enables such people to make online payments, and manage their savings. It’s also incredibly efficient in terms of sending money abroad. A wire
Twelve years ago, in a largely empty room, a moment of Bitcoin history was quietly recorded. At the time, Bitcoin was trading for roughly $100, a mere fraction of its present worth, and only a few individuals were paying notice. However, what happened that day would subsequently be regarded as one of the greatest speeches
Kalp is excited to announce its groundbreaking collaboration with Funton.ai to reshape Web3 engagement and the gaming sector. This synergy is set to bridge the gap between blockchain utility and gamified user experiences. In this way, the integration aims to leverage Telegram and LINE to provide the next generation of digital interactions. 🚀 Partnership Announcement!
Nature’s Miracle Holding Inc. (OTCQB: NMHI) surged more than 150% on Wednesday after revealing plans to allocate up to $20 million of its corporate treasury into XRP. The California-based controlled environment agriculture (CEA) firm announced the move early July 23, triggering a sharp rally in its stock. US Public Companies Start Buying XRP Nature’s Miracle
Former Brexit Minister Jacob Rees-Mogg has warned the Bank of England against undermining confidence in fiat currency, drawing parallels with both Bitcoin and gold. This came during a recent commentary on his YouTube channel. He stressed that the value of fiat currency ultimately lies in public confidence, an illusion that can easily collapse. Rees-Mogg was
Bitcoin is hovering around $117,826 on Wednesday as open interest in futures and options markets pushes into record territory, signaling intense institutional and speculative activity. The Data Behind Bitcoin’s Quiet Power Shift on Derivatives Exchanges Open interest (OI) in bitcoin derivatives continues its climb as traders allocate capital toward both futures and options amid heightened
According to Sean Bill, chief investment officer at BSTR, only a few companies will ultimately stand out in the bitcoin treasury arena—and he’s placing his bet on Bitcoin Standard Treasury Company (BSTR) to be one of them. BSTR’s Aggressive Bitcoin Accumulation and Dormant Reserve Strategy Just last week, BSTR kicked things off with a stash
In a recent segment, Jim Cramer—an American television personality, author, and former hedge fund manager best known as the energetic host of CNBC’s Mad Money and an anchor on CNBC’s Squawk on the Street—shared his views on bitcoin as a hedge against the ballooning U.S. debt. ‘They Don’t Want the Debt, They Want Bitcoin’ –