Bitcoin Is Steel, Ethereum And Solana Are Balsa Wood And Clay, Warns Michael Saylor—Strategy Chair Says Leveraging ETH, SOL Could Lead To ‘Catastrophe’
Strategy Inc. (NASDAQ:MSTR) executive chairman Michael Saylor cautioned companies against leveraging Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) like Bitcoin (CRYPTO: BTC), stating that it might lead to a “catastrophe.” What Happened: In an interview with TheBlock that aired Saturday, Saylor likened Bitcoin to steel while comparing Ethereum and Solana...
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Metaplanet Makes 3rd Bitcoin Purchase in April, Expands Holdings to Over $423 Million
Japan’s first and only publicly listed Bitcoin Treasury Company, Metaplanet, has announced the acquisition of an additional 330 BTC. This brings its total holdings to 4,855 BTC. The latest purchase, which is worth approximately 4.02 billion yen ($26.6 million), was executed at an average price of 12,181,570 yen per...
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Circle to launch a global payments and remittance network powered by USDC and EURC stablecoins
Circle, the issuer behind USDC and EURC stablecoins, is launching a new global payments system that will streamline cross-border bank transactions. According to a press release on Apr. 21, the Circle Payments Network connects banks, fintech firms, digital wallets, and…...
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Global M2 Money Supply Shows Where The Bitcoin Price Is Headed Next And It’s $100,000
A new analysis comparing Bitcoin price movements with the global M2 money supply is gaining attention, offering a possible glimpse into BTC’s next big move. Using a predictive offset model, the analysis suggests that Bitcoin is closely following global liquidity trends, and if history repeats, its price could be...
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Banking Giants Deutsche Bank, Standard Chartered Exploring Crypto Operations Expansion In The US – Report
Recent reports claim that crypto firms and financial giants are looking into expanding their operations in the US market following the Trump administration’s efforts to regulate the digital assets industry and incorporate it into mainstream finance. Crypto Firms And Banks To Expand US Operations On Monday, The Wall Street...
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What Is Happening With Dogecoin Overnight On Monday?
Dogecoin (CRYPTO: DOGE) rebounded Monday overnight following Bitcoin’s (CRYPTO: BTC) fresh move past $88,000. What happened: The largest meme coin by market capitalization crossed $0.16, erasing losses after slipping below the level earlier this afternoon. DOGE traded in a narrow range of $0.1629 to $0.1561 during the day, representing...
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WazirX confirms restart on track as it awaits sanction hearing in May
Indian crypto exchange WazirX, which was hacked for $234 million last July, says it is on track to restart its operations pending a May 13 court decision on its restructuring proposal and user compensation plan. If Singapore’s High Court gives the nod, WazirX parent company Zettai PTE Ltd can...
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Bitcoin, Dogecoin Rise, Ethereum Falls As Pro-Crypto Paul Atkins Sworn In As SEC Chair: Top Analyst Declares Multi-Month BTC Downtrend Over
Bitcoin rose higher Monday as pro-cryptocurrency Paul Atkins was sworn in as the new chairman of the Securities and Exchange Commission. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +1.18% $87,335.05 Ethereum (CRYPTO: ETH) -2.56% $1,574.22 Dogecoin (CRYPTO: DOGE) +0.92% $0.1595 What Happened: The apex...
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Mantra says CEO has begun the process of burning his 150M OM tokens
Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply. Mantra announced on April 21 that the unstaking process had begun, and...
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Is Bitcoin Following Gold’s Power Curve? Analyst Predicts $450,000 Target By Q4 2025
While gold continues to set new all-time highs (ATH), trading at $3,420 per ounce, Bitcoin (BTC) may soon follow the precious metal’s price trajectory, according to crypto analyst Master of Crypto. The analyst pointed out that BTC has tracked gold’s ‘power curve’ since 2011. Bitcoin To Mirror Gold Price...
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