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Tether CEO refutes claims that the firm sold Bitcoin and bought gold
Paolo Ardoino, CEO of Tether, the issuer of the largest stablecoin USDT, took to X on Sunday to refute claims about the firm selling its Bitcoin (BTC) to invest in […]
At over $3,600 an ounce, everyone’s buying gold
Everyone’s buying gold. The boomer rock blasted past $3,600 this week to mark a fresh all-time high and draw investors far and wide into its glittery orbit. So why is […]
If selling $2 billion crashes the BTC price, why doesn’t buying $83B send it to space?
In the spirit of no stupid questions, Bitcoin influencer Crypto Tea released a post on X that many people are wondering but haven’t said out loud. If previously dormant whales […]
Here’s how a weak jobs report could spell gains for crypto
The August jobs report is in, and depending on your perspective, it’s either worrying or the next big catalyst for crypto. While economists were expecting jobless claims of 230,000, the […]
Why everyone eventually understands Bitcoin
It may take a minute to get to grips with magic internet money, but once you see the scarcity, durability, and predictability, it somehow all falls into place. From Jamie […]
The Nasdaq’s historic market cap surge is unprecedented and ‘insane’
The Nasdaq’s surge in value is breaking records, with a market cap relative to the U.S. M2 money supply that has hit a record 176%. Global markets commentator The Kobeissi […]
Why was Michael Saylor’s Strategy snubbed by a S&P 500 secret committee?
Michael Saylor’s Strategy missed out on inclusion in the S&P 500 this Friday, sending MSTR tumbling almost 3% despite meeting every published criterion. Unexpectedly, commission-free trading app Robinhood was included, […]
Ethena token rallies over 12% following StablecoinX’s $530 million capital raise
Ethena’s ENA token leaped over 12% on Saturday following news that StablecoinX Inc. secured an additional $530 million capital raise. The move is part of StablecoinX’s ongoing accumulation strategy for […]
Sora unveils $1 billion Bitcoin fund with $200 million already committed
Sora Ventures launched a Bitcoin treasury fund targeting $1 billion in purchases within six months, according to a company statement delivered at Taipei Blockchain Week in Taipei on Sept. 5. […]
Bitcoin treasury companies’ purchase volumes slump despite record transaction count
Bitcoin (BTC) treasury companies reached a record holding of 840,000 BTC in August, but underlying data reveal weakening institutional demand. According to a Sept. 5 report by CryptoQuant, purchase volumes […]