In his 2025 letter to shareholders, BlackRock CEO Larry Fink highlighted the potential of Bitcoin to challenge the U.S. dollar’s position as the global reserve currency. Fink warned that if the U.S. fails to manage its growing debt, digital assets like Bitcoin could emerge as serious competitors. He referred to Bitcoin multiple times, suggesting that ...
In his 2025 letter to shareholders, BlackRock’s CEO Larry Fink acknowledged that Bitcoin could potentially rival the U.S. dollar as the world’s dominant currency. He emphasized that if the U.S. does not manage its debt effectively, Bitcoin may emerge as a more stable value store for investors. Fink referenced Bitcoin multiple times, indicating its growing ...
Metaplanet, a Japanese company known for boosting its Bitcoin holdings, has recently issued 2 billion yen (approximately $13.3 million) in zero-interest bonds to buy more Bitcoin. The CEO, Simon Gerovich, stated that this move capitalizes on the recent drop in Bitcoin prices, which are currently around $82,000. The company, often referred to as “Asia’s MicroStrategy,” ...
Last week, digital asset investment products experienced significant inflows of $226 million, showing a cautious optimism among investors. Bitcoin alone attracted $195 million in investments, while altcoins also saw their first inflows in five weeks, totaling $33 million. Notable beneficiaries among altcoins included Ethereum, Solana, XRP, and Sui. Despite some minor outflows due to economic ...
Eric Trump and Donald Trump Jr. are merging their company, American Data Centers, with American Bitcoin, a mining operation primarily owned by Hut 8. They aim to build the world’s largest bitcoin mining operation while creating a significant bitcoin reserve. The Trumps have been active in the cryptocurrency space, launching a DeFi project and expressing ...
A Californian lawmaker has introduced important protections for Bitcoin and cryptocurrency investors in a bill initially focused on money transmission. This legislation, now known as Assembly Bill 1052 or “Digital Assets,” aims to secure the rights of nearly 40 million Californians to self-custody their digital assets. Key provisions include recognizing digital currencies as valid payment ...
By 2030, it’s projected that about a quarter of S&P 500 companies will include Bitcoin on their balance sheets, driven by treasury managers eager to capitalize on potential gains. Financial expert Elliot Chun believes that experimenting with Bitcoin has become crucial for job security within firms. Currently, only Tesla and Block hold Bitcoin, but the ...
Michael Saylor, Executive Chairman of Strategy, has recently hinted at a new Bitcoin purchase after the company surpassed 500,000 BTC in holdings. Following a significant acquisition of 6,911 BTC worth about $584 million, their total holdings now stand at 506,137 BTC, valued at over $42 billion. Saylor’s comment on social media suggested that the firm ...
Bitcoin is projected to reach $110,000 before revisiting the $76,500 range, fueled by easing inflation and supportive monetary policies in the U.S., according to expert Arthur Hayes. Rising demand for risk assets, particularly Bitcoin, is evident as it closes above $86,000. However, the decentralized finance (DeFi) sector faces challenges, highlighted by a whale exploiting Hyperliquid’s ...
U.S. Representatives Tom Emmer and Darren Soto are proposing new legislation called The Securities Clarity Act aimed at clarifying regulations for digital assets. Currently, laws do not separate digital assets from the securities contracts they might be tied to, creating issues for cryptocurrencies that evolve from being classified as securities to potentially being treated as ...
