American Bitcoin, a Bitcoin mining firm backed by President Donald Trump’s two eldest sons, Eric Trump and Donald Trump Jr., has quietly built up a 215 BTC reserve since its April 1 debut. The company, formally known as ABTC, is positioning itself not just as another mining venture but as a long-term accumulator of Bitcoin…
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A mystery investor has opened a $300 million leveraged Bitcoin position, fueling speculation around their identity. The unknown whale, or large cryptocurrency holder, opened a 20x leveraged Bitcoin (BTC) long position worth over $308 million at the entry price of $108,100, Hypurrscan blockchain data shows. The position currently shows an unrealized profit of more than…
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Bitcoin proxy stocks for investors in 2025: Strategy Inc vs. BlackRock, compared When investors want exposure to Bitcoin without actually holding it, they often turn to what’s known as a Bitcoin proxy stock. These are equities or funds that mirror Bitcoin’s price movements, offering a way into the crypto market through traditional finance. Two of…
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Apple, the world’s fourth-largest company by market capitalization, should buy Bitcoin to address the poor performance of its stock buyback program, according to Strategy executive chairman, Michael Saylor. “Apple should buy Bitcoin,” Saylor said in a June 10 X post. Saylor’s comment responded to Jim Cramer’s criticism of the Apple buyback program. “The Apple buyback…
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The Bank of Japan’s (BOJ) upcoming monetary policy meeting in June may provide the next significant catalyst for global risk assets like stocks and cryptocurrencies. The BoJ is set to take its next interest rate decision at its upcoming monetary policy meeting on June 16–17. The central bank may provide the next significant catalyst for…
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Brian Quintenz, US President Donald Trump’s nominee to chair the Commodity Futures Trading Commission (CFTC), has said that blockchain is a foundational technology poised to transform much more than just finance. In prepared remarks ahead of his Senate confirmation hearing shared with Cointelegraph, Quintenz pointed out the long-term impact of blockchain and cryptocurrencies. “I view…
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Key points: The Coinbase Premium metric has reached its highest since February as US demand for Bitcoin accelerates. “Signs of overheating” remain absent, analysis says, predicting positive trends through the end of 2025. Exchange reserves continue to decline, with spot exchanges down 550,000 BTC in under a year. Bitcoin (BTC) is seeing a “surge in…
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Bitcoin may be on the verge of reclaiming its all-time high of $111,970, but crypto analysts say there’s little fundamental support for the asset to meaningfully break above the level. “The risk of a short-term correction continues to build — especially in the absence of a strong catalyst to push Bitcoin decisively above the current…
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Five men have pleaded guilty to their roles in a $36.9 million international crypto scam scheme that targeted Americans, with funds ultimately being sent to a crypto scam center in Cambodia. The crypto scammers used shell companies and US bank accounts to rake in the stolen funds before converting them into Tether (USDT) and sending…
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US crypto-linked stocks rose alongside Bitcoin to close the Monday trading day at a gain as more publicly traded firms added the asset to their treasuries. The country’s four biggest crypto miners and some of its major crypto firms all closed at slight gains on June 10, extending gains after-hours. Nasdaq newcomer and stablecoin issuer…
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