Bitmine Immersion Technologies extended its Ether buying streak to 65 consecutive weeks, adding 53,501 ETH last week as a broader crypto market recovery lifted the value of its burgeoning digital asset portfolio despite sizable unrealized losses. The latest purchase brought Bitmine’s holdings to more than 5.9 million ETH, valued at roughly $14.8 billion based on … Read more
Bitcoin (BTC) gyrated around $78,000 at Monday’s Wall Street open as US bond yields neared 20-year highs again. Key points: Bitcoin reacts as the US Treasury Secretary comments on bond markets in a mainstream media interview. Analysis warns that bonds are “ignoring” policy changes as new 20-year highs loom for the 30-year yield. BTC price … Read more
Webull, a self-directed brokerage and trading platform, is expanding its Canadian offering to include cryptocurrencies, adding Canada to a crypto footprint that already includes the United States, Australia and Brazil. The company announced Monday that its Canadian crypto offering will run on Coinbase’s Crypto-as-a-Service infrastructure, with Coinbase providing the underlying trading and custody services. Webull’s … Read more
Strive’s stock soared on Monday after the company announced a $143 million bitcoin buy, making it the fifth biggest publicly traded crypto treasury. The Nasdaq-listed company announced its latest buy of 1,800 bitcoins between August 24 and August 28. It snapped up the coins for an average price of $79,431, according to a filing with … Read more
Bitcoin treasury Strategy resumed its bitcoin buys last week, snapping up nearly $370 million in the leading cryptocurrency, according to a Monday announcement from the company. A filing with the Securities and Exchange Commission shows that Strategy bought 4,603 bitcoins for $369.7 million between August 24 to August 30. Each coin was bought at an … Read more
Real Trump Coins has denied launching, promoting or authorizing the Trump Digital GOLD token that briefly appeared across its online presence before collapsing, blaming the promotion on “third-party bad actors.” The denial came after the Real Trump Coins X account promoted the Solana-based token on Saturday and directed users to RealTrumpCoins.com, where GOLD was also … Read more
Bitcoin embraces post quantum future Despite considerable skepticism among Bitcoiners about how close the quantum threat to Bitcoin actually is, two stories this week highlighted the progress being made toward upgrading the blockchain and protecting outputs from attack. StarkWare researcher Avihu Levy tested an experimental quantum-resistant transaction on the Bitcoin mainnet that protects it during … Read more
Should fund managers dealing in Bitcoin be worried about the threat of quantum computing? The short answer is yes — but there’s time to prepare and solutions are already being found. One of them? Post-quantum Bitcoin transactions on the mainnet. And the first one happened this week thanks to the Starknet Foundation. JUST IN: The … Read more
Strategy’s Michael Saylor said “We’re Back” in his latest signal on X (formerly Twitter) of the company’s likely return to Bitcoin buying. For market watchers, the post could be a strong psychological signal as Saylor has a track record of dropping cryptic weekend teasers that precede official Monday morning treasury purchase announcements. Should that record, … Read more
Russia’s largest bank, Sber, plans to expand its crypto-backed lending to accept Tether’s USDt stablecoin and Ether as collateral alongside Bitcoin, according to a senior executive. Sber will adapt its existing products and gradually expand its offerings as Russia’s new crypto law takes effect, Deputy Chairman Anatoly Popov said, according to a Friday TASS report. … Read more