Following the announcement that Bit Digital will be selling or winding down its Bitcoin mining infrastructure and using the funds to purchase additional Ether, the crypto mining firm’s stock dropped roughly 4% on Wednesday. The business said in a statement that it will switch from Bitcoin (BTC) to Ethereum (ETH)
After purchasing an additional 1,234 BTC on the open market, the Japanese public-listed business Metaplanet (MTPLF) surpassed even Elon Musk’s Tesla Holdings in Bitcoin ownership. With this most recent acquisition, Metaplanet jumps up the rankings to number seven, overtaking industry heavyweights like Block Inc., Bitcoin miner Hut 8, Tesla, and Coinbase,
The New York Stock Exchange has made a regulatory filing recently to allow the listing of Trump Media’s dual-cryptocurrency investment fund. The planned Truth Social Bitcoin and Ethereum ETF is a major milestone in the politically branded cryptocurrency investment product development among retail investors. The filing is a significant step
Bitcoin (BTC) rebounded sharply on Tuesday, climbing 3.86% to reclaim the $105,000 mark after dipping to $98,000 over the weekend. The move followed former U.S. President Donald Trump’s surprise announcement of a ceasefire between Israel and Iran. The de-escalation, dubbed “The 12 Day War,” triggered renewed risk appetite across financial
XRP has consistently delivered substantial gains in the twelve months following Bitcoin halving events, with historical data suggesting the next halving in April 2028 could trigger a rally exceeding 2,200% based on previous cycle performance. The Bitcoin halving, which reduces issuance rates every four years, typically creates positive spillover effects
The crypto sector has long claimed that the US Federal Reserve unjustly targets and debanks crypto enterprises due to its consideration of “reputational risk” in its supervision of banks. However, the Fed has now instructed its supervisors to stop doing so. More than 30 US technology and crypto firms were
Following steep declines over the weekend, the price of bitcoin has recovered strongly on Monday, thanks in large part to US President Trump’s vocal demand for a de-escalation of tensions in the Middle East. He said in his Truth Social post that the United States has successfully addressed the Iranian
Michael Saylor’s Strategy has acquired 245 Bitcoin for $26 million as market volatility increased due to escalating geopolitical tensions. The company disclosed the purchase in a U.S. SEC filing on June 23. According to the filing, Strategy bought BTC at an average price of $105,856 during the week ending June
Metaplanet surpassed Hut8 to become the eighth-largest firm in terms of Bitcoin holdings on Monday, June 23, adding 1,111 Bitcoins to its total holdings and elevating it to 11,111 BTC. The company’s 2025 year-to-date (YTD) Bitcoin yield is 306.7%, which is rather excellent. Due to the rising confrontation between Iran
As tensions between Iran and Israel rise, Rich Dad Poor Dad author Robert Kiyosaki—who predicts an impending “Global Monetary Collapse”—predicts a Bitcoin meltdown. With a risk-off attitude on the rise due to increasing global tensions, Kiyosaki thinks silver is the ideal investment right now. Not only that, but the billionaire
