During his first term, President Donald Trump criticized bitcoin and cryptocurrencies, claiming their value was imaginary. However, during his 2024 presidential campaign, he changed his stance, advocating for the U.S. to become the “crypto capital of the world.” At a recent summit in the White House attended by CEOs and investors, Trump emphasized the importance ...
Michael Saylor, chairman of MicroStrategy, recently spoke at the Bitcoin 2024 conference, highlighting the company’s significant strides in the cryptocurrency Market. Now rebranded as Strategy, the firm has raised $20 billion of its ambitious $42 billion capital plan and continues to aggressively buy Bitcoin, amassing 471,107 BTC, roughly 2% of the total supply. The company ...
In 2024, the focus in the cryptocurrency world has shifted significantly towards institutional adoption. With the U.S. approving spot bitcoin exchange-traded funds (ETFs), along with many companies adding bitcoin to their financial reserves, the conversation around crypto is more prevalent than ever. Bitcoin has surged nearly 130% this year and is close to the $100,000 ...
