Public companies buying up Bitcoin should consider sunsetting the tactic altogether if their stock prices drastically drop, according to a VanEck executive who warns that a major Bitcoin-scooping firm is close to being caught out. “As some of these companies raise capital through large at-the-market (ATM) programs to buy BTC, a risk is emerging: If…
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A crypto user has reportedly lost nearly $7 million in crypto after buying a discounted cold wallet through the Chinese version of TikTok, Douyin, which turned out to be compromised. Blockchain security firm SlowMist said in a X post on Saturday that the “private key was compromised at creation” and the user’s funds were “drained…
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The price of gold is nearing its all-time high as tensions in the Middle East escalate, but analysts say they’re doubtful Bitcoin will do the same as investors prioritize other safe-haven assets. The price of gold rose to $3,450 per ounce on Monday, just $50 shy of its all-time high of just below $3,500 in…
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Pakistan has secured another big name to support its crypto pivot after Strategy executive chair Michael Saylor met with the country’s Ministry of Finance to laud its crypto efforts. Saylor met with Pakistan Finance Minister Muhammad Aurangzeb and the country’s State minister on blockchain and crypto, Bilal Bin Saqib, on Sunday and discussed how Bitcoin…
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Marc Andreessen, co-founder of the Andreessen-Horowitz venture capital (VC) firm, said that the current race to establish dominance in the artificial intelligence sector is analogous to the Cold War between the United States and the Soviet Union in the second half of the 20th Century. In an interview with Jack Altman on the Uncapped Podcast,…
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Bitcoin’s (BTC) mining difficulty fell slightly on Saturday after hitting an all-time high of 126.9 trillion on May 31 at the start of the previous difficulty adjustment period. The Bitcoin mining difficulty level currently stands at roughly 126.4 trillion, according to data from CryptoQuant. Higher mining difficulty and network hashrate, which is a separate but…
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Key points: A week of solid inflows into the spot Bitcoin ETFs improves the prospects of a rally toward $110,000. HYPE, BCH, AAVE, and OKB could march higher if Bitcoin sustains above $105,000. Bitcoin (BTC) is forming a Doji candlestick pattern on the weekly chart, indicating indecision between buyers and sellers. Despite the near-term uncertainty,…
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Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC purchase by the company, despite the ongoing conflict in the Middle East, which could rattle global financial markets when they open on Monday. The company’s most recent Bitcoin buy occurred on June 9, with a relatively small purchase of 1,045 BTC, valued…
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Opinion by: Arthur Azizov, Founder and Investor at B2 Ventures Despite its decentralized nature and big promises, cryptocurrency is still a currency. Like all currencies, it cannot escape the realities of today’s market dynamics. As the crypto market develops, it starts mirroring the life cycle of traditional financial tools. The illusion of liquidity is one…
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Bitcoin holders leverage crypto-backed loans to buy real estate without selling a single sat while sidestepping capital gains taxes. The emerging trend is gaining momentum among early crypto adopters, entrepreneurs, and high-net-worth individuals who are “Bitcoin wealthy” but often don’t meet the traditional criteria for real estate financing, Mauricio Di Bartolomeo, co-founder of Ledn, told…
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