In a bold move that could reshape the political landscape of crypto policy in the United States, David Bailey, CEO of Bitcoin Inc., is reportedly preparing to raise over $100 million to launch a political action-style organization dedicated to promoting Bitcoin-friendly legislation ahead of the U.S. midterm elections. The initiative, led by Bitcoin Magazine, draws … Read more
In a bold move that has stunned both traditional finance and crypto observers, Vanadi Coffee, a small publicly traded café chain based in Alicante, Spain, has officially committed to investing up to €1 billion (~$1.17 billion) into Bitcoin. The plan, approved by shareholders on June 29, marks an extraordinary pivot for a company that currently … Read more
Metaplanet has significantly expanded its Bitcoin holdings, acquiring an additional 1,005 BTC for approximately $108.1 million, bringing its total stash to 13,350 BTC — now surpassing the reserves of both Galaxy Digital and CleanSpark. The purchase was announced Monday by Metaplanet CEO Simon Gerovich, who shared that the company acquired the latest Bitcoin tranche at … Read more
Traders are cheering Bitcoin’s recent surge, but a closer look at blockchain activity reveals an unsettling disconnect. While the charts are flashing green, on-chain metrics tell a much quieter story—one that raises questions about the rally’s long-term sustainability. A Growing Gap Between Price and Network Activity One of the most telling indicators is the number … Read more
As the crypto market stirs with renewed activity, Binance Coin (BNB) appears to be setting up for another leg higher. On-chain data, exchange flows, and growing institutional activity all suggest that BNB could be on the cusp of a significant move—possibly toward the long-awaited $900 milestone. Rising Bitcoin Inflows Signal Exchange Buzz Recent on-chain analytics … Read more
New analysis from Arkham Intelligence reveals that Tesla and SpaceX now hold a combined total of over $2 billion in Bitcoin, positioning Elon Musk’s companies as two of the most prominent institutional BTC holders. Acquired at an average price of approximately $32,000 per coin, their positions are currently sitting on nearly $1.5 billion in unrealized … Read more
BlackRock’s Bitcoin ETF, IBIT, has achieved a major milestone by becoming the firm’s top-performing exchange-traded fund in terms of fee revenue. According to recent data, IBIT now generates $186 million annually, edging past BlackRock’s long-established IVV, an ETF that tracks the S&P 500, by $3 million. This marks a significant shift in ETF dynamics. Despite … Read more
Bitcoin (BTC), currently priced around $107,209, saw notable volatility early this week, with sharp price swings over the weekend and Monday triggering a significant shakeout in the derivatives market. Data from Glassnode reveals that within a 24-hour period, $28.6 million in long positions and $25.2 million in shorts were liquidated. This rare simultaneous liquidation on … Read more
Bitcoin Treasury Corporation (BTCT), a Canadian Bitcoin lending and investment firm, has officially announced its return to public markets. Starting Monday, the company’s common shares will resume trading on the Toronto Stock Exchange (TSX) Venture Exchange under the ticker “BTCT”. The listing follows a successful brokered offering that raised 125 million Canadian dollars (approximately $92 … Read more
On June 24, the New York Stock Exchange Arca took a significant step by filing a proposed rule change with the Securities and Exchange Commission (SEC) to list and trade the Truth Social Bitcoin and Ethereum ETF. This filing is a key regulatory milestone in the process of bringing this crypto-linked ETF to market. The … Read more