Buying Bitcoin Now? ‘The Single Best Time In History,’ Bitwise’s Matt Hougan Says
Bitwise‘s Chief Investment Officer Matt Hougan sees Bitcoin (CRYPTO: BTC) well-positioned for the future, citing several political developments as fundamentally bullish factors. What Happened: Speaking at the Blockworks Digital Asset Summit in New York on Thursday, Hougan argued that current macroeconomic conditions are reinforcing Bitcoin’s long-term investment case while...
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Strategy Raises $711M to Buy More Bitcoin in Upsized STRF Perpetual Offering
Strategy (MSTR) will likely soon be in the market for additional sizable bitcoin purchases after pricing an upsized sale of its latest preferred stock issue. The company sold 8.5M shares of its 10% Series A Perpetual Strife Preferred Stock at price of $85 each, raising roughly $711.2M. Strategy initially...
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XRP Price Surges After SEC Drops Appeal as Solaxy L2 Project Nears $28M in ICO
Yesterday, XRP’s price surged after news broke that the SEC is finally ending its years-long legal battle with Ripple. Meanwhile, amid all the excitement, the new Layer-2 project Solaxy is growing rapidly – its ICO fundraising has now passed the $27 million mark. SEC Drops Appeal Against Ripple as...
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Bitcoin Price Rallies Past $85K After Fed Rate Decision as BTC Bull Token Gains Momentum
Bitcoin has climbed above $85,000, riding high after the Fed’s rate decision yesterday. Investors seem unfazed by the unchanged rates – building hope that BTC could be gearing up for another rally. Meanwhile, some traders are eyeing Bitcoin-linked projects like BTC Bull Token as potential prospects to profit from...
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Trump Administration Eyes Blockchain for Foreign Aid in USAID Overhaul: Report
The Trump administration is preparing to restructure the U.S. Agency for International Development (USAID) and integrate blockchain technology into its procurement system, Wired reported, citing a memo circulating among State Department staff. The plan proposes rebranding the agency as U.S. International Humanitarian Assistance and moving it directly under the...
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This Indicator Supports Bullish Case in Bitcoin and Nasdaq, for Now
A key gauge of economic sentiment and corporate credit health has receded from its recent multi-month highs in a positive development for risk-taking in stocks and crypto markets. The relief, however, could be short-lived, per some observers. The indicator in consideration is the ICE/BofA U.S. High Yield Index Option-Adjusted...
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Critical Warning for Ripple Investors: Is XRP Poised to Drop 50%?
TL;DR Ripple won the four-year legal battle against the SEC, expects an XRP ETF in the States, and a potential IPO in the country – but is the native token about to drop? A popular analyst with over 130,000 followers on X suggested that the trend might have changed....
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Tether Is Now ‘Too Big To Fail,’ Says Anthony Pompliano: Here’s Why
Anthony Pompliano said on his show this week that Tether (CRYPTO: USDT), the world’s largest stablecoin issuer, has become “too big to fail” due to its expanding role in the U.S. financial system. What Happened: Addressing his followers on X, Pompliano emphasized that Tether’s growing demand for U.S. Treasuries...
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Gotbit Founder Pleads Guilty—$23M in Crypto Forfeited in US Fraud Crackdown
Russian national and Gotbit founder, Alex Andryunin, has entered into a plea agreement with US prosecutors in connection to charges of wire fraud and cryptocurrency market manipulation. The agreement, signed with the US Attorney for the District of Massachusetts, requires Andryunin to forfeit approximately $22.9 million in stablecoins—$18.7 million...
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Crypto service providers eye Indian market as India signals shift in crypto regulation
As India signals a recalibration of its crypto policies, crypto service providers are targeting the Indian market. As national jurisdictions are changing their stance on crypto, led by Donald Trump’s pro-crypto agenda, India is starting to recalibrate as well. Although…...
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