Key takeaways: Brad Mills forecasts a 100X Bitcoin rally driven by institutional adoption, halving-induced scarcity, and retail-focused technology developments. The US Strategic Bitcoin Reserve, initiated with 200,000 BTC, marks a policy shift toward long-term government-held Bitcoin monetary policy. Bitcoin (BTC) maximalist Brad Mills predicts that the market is at the dawn of a “SaylorCycle,” a…
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Crypto exchanges Gemini and Coinbase are reportedly set to secure licenses to operate in the European Union, marking a significant step in their expansion under the newly implemented Markets in Crypto-Assets (MiCA) regulations. Gemini is on track to receive approval from Malta, while Coinbase is expected to obtain its license through Luxembourg, Reuters reported Monday,…
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Opinion by: Daniel Taylor, head of policy at Zumo Peer inside the average crypto regulatory consultation meeting, and you will quickly notice a distinctive pattern: throngs of TradFi lawyers and ex-financial services personnel responding to documents written by financial services regulators, laying down the law of how crypto asset activities will be carried out in…
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US President Donald Trump’s social media platform, Truth Social, filed an S-1 form with the US Securities and Exchange Commission to launch a dual exchange-traded fund (ETF) for Bitcoin and Ether. Filed on Monday, the S-1 form proposes the issuance and trading of Truth Social Bitcoin and Ethereum ETF, sponsored by the asset management firm…
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El Salvador, the world’s first country to adopt Bitcoin as legal tender, has continued buying the cryptocurrency despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that included provisions discouraging further accumulation. The government’s treasury wallet currently holds 6,209 Bitcoin (BTC) after acquiring a total of 240 BTC since Dec. 19, 2024,…
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Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, disclosed its latest BTC purchases made last week amid escalating geopolitical tensions in the Middle East. Strategy acquired 10,100 Bitcoin (BTC) for $1 billion during the week ending June 15, the company officially announced on June 16. The purchases were made at an average price…
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Tether, issuer of the world’s largest stablecoin, USDt, has frozen over $12.3 million of digital assets on the Tron Network, continuing its clampdown on illicit activity in the crypto space. Tether froze the USDt (USDT) at 9:15 am UTC Sunday on Tron, blockchain data from Tronscan showed. While Tether has not issued a public statement,…
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Bitcoin (BTC) starts a new week in full recovery mode as bulls erase Israel-Iran losses — what’s next for BTC price action? A solid weekly close and a trip past $107,000 puts BTC/USD in a strong position as Wall Street returns. A tense Fed interest rate decision is due, amid fears that an oil price…
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Cryptocurrency investment products continued their multi-week inflow streak last week as Bitcoin traded close to new highs and Ether briefly surged past $2,800 for the first time since February. Global crypto exchange-traded products (ETPs) recorded $1.9 billion of inflows in the trading week ending June 13, moving a nine-week streak of inflows to $12.9 billion,…
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Japanese investment firm Metaplanet’s latest 1,112 Bitcoin purchase has finally tipped its total Bitcoin holdings to 10,000 BTC, surpassing Coinbase as the seventh-largest publicly traded company with a Bitcoin treasury. On Monday, Metaplanet announced that it had purchased the Bitcoin (BTC) stack for 16.88 billion Japanese yen ($117 million). The firm now holds 10,000 Bitcoin,…
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