Treasury Secretary Scott Bessent Says US Has No Authority To ‘Bail Out’ Bitcoin

Treasury Secretary Scott Bessent pushed back against speculation around a Strategic Bitcoin reserve, making clear that the federal government has no legal authority to support or “bail out” Bitcoin (CRYPTO: BTC) using public funds. No Bitcoin Bailout Authority During a House Financial Services Committee hearing on financial stability risks,...
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Cosmo Jiang: Long-term crypto investment requires patience, gold’s pullback signals new dynamics, and Hyperliquid transforms trading with 24/7 access | Unchained

Shifts in market dynamics suggest gold’s resurgence may impact Bitcoin’s long-term viability as an asset. The post Cosmo Jiang: Long-term crypto investment requires patience, gold’s pullback signals new dynamics, and Hyperliquid transforms trading with 24/7 access | Unchained appeared first on Crypto Briefing....
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IREN’s $9.7 Billion Microsoft Bet Hits The Earnings Moment Of Truth

IREN Ltd (NASDAQ:IREN) used to dig for Bitcoin (CRYPTO: BTC). Now it wants to mine the cloud. In less than two years, the company has leapt from crypto pioneer to “Neocloud” upstart — and Thursday’s second quarter earnings will decide whether that reinvention looks visionary or overreach. Track IREN...
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Cathie Wood’s Ark Invest Loads Up on Crypto Stocks Amid Market Slump

The broader digital asset market is in a bearish state, but some experts are leveraging the dip to expand their crypto exposure. Cathie Wood’s investment management company, Ark Invest, is one of them, having scooped up thousands of shares linked to crypto firms over the last few trading days....
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