“Earlier today, we announced that we are now Strategy, a new name that powerfully and succinctly conveys the universal and global appeal of our company,” said Phong Le, President and Chief Executive Officer. The rebrand came to emphasize the firm’s focus on Bitcoin and AI as transformative technologies. “We have completed $20 billion of our […]
“Feels like a great time to enter BTC!” exclaimed Eric Trump on X on Jan. 6. The post followed a similar one on Feb. 3 when he said it was a “great time to add ETH,” resulting in a double-digit recovery for the asset. However, there was little reaction on spot markets for BTC, which remains […]
On Feb. 3, President Trump announced plans to create a US sovereign wealth fund, a national investment vehicle designed to generate and distribute assets for American citizens. Trump signed the executive order at a White House event directing Treasury Secretary Scott Bessent and Secretary of Commerce Howard Lutnick, who are both pro-crypto, to “begin a […]
The geopolitical uncertainty started by the new US president over the weekend took its toll on the crypto market, which is always open for trading. Bitcoin’s price tumbled by ten grand within a day to an intraday low of $91,500 (on Bitstamp), while the altcoins were smashed with massive double-digit price drops, leaving billions worth […]
Bitcoin’s weekend took a wrong turn in the past 12 hours or so as the asset plunged below $100,000 for the first time since the Monday crash. As expected, the altcoins have turned red as well, with substantial losses from the likes of LINK, SOL, AVAX, DOGE, and others. BTCUSD. Source: TradingView Recall that the […]
Although the previous month (and the start of the new year) began on the wrong foot, with BTC standing firmly within fix-digit price territory, the asset managed to turn it around and charted a new all-time high a couple of weeks back. All eyes have now turned to February, which is historically a highly profitable […]
On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin Miners Index. “MNRS provides exposure to Bitcoin Miners and the global Bitcoin mining industry at a time when we’re seeing unprecedented interest and growth in […]
The Czech Republic’s central bank head recently echoed statements he made earlier in January boasting plans for the Central European nation to begin stockpiling Bitcoin, in remarks published by the Financial Times Wednesday. On Thursday, the Czech National Bank (CNB) said it would start analyzing the prospects of introducing additional asset classes to its reserve, […]
As bitcoin’s price consolidates and traders speculate about the asset’s next trajectory, the market intelligence platform Santiment has highlighted how supply distribution trends can offer insights into the cryptocurrency’s price movement. Supply distribution data shows how different groups of investors hold cryptocurrencies. This metric takes into account the wallet sizes of small and large investors, […]
Bitcoin has recovered from its twelve-day low of just below $98,000 on Monday to reach an intraday high of $103,100 during the Tuesday morning Asian trading session. The asset only spent a few hours in the five-figure territory, finding solid support from which to bounce. On Jan. 28, analyst ‘Rekt Capital’ said that Bitcoin had completed […]