Lightspark CEO David Marcus claimed that Bitcoin stays “severely undervalued” in comparison with gold, suggesting the cryptocurrency may attain $1.3 million if it matched gold’s market capitalization. “I nonetheless really feel Bitcoin is severely undervalued, particularly if you happen to examine it to gold,” Marcus stated throughout a Monday interview with Bloomberg, including that Bitcoin…
Strategy Inc. (NASDAQ: MSTR) continues to cement its place as one of many largest institutional holders of Bitcoin, rating fifth amongst U.S. company treasuries with roughly $80 billion in digital belongings, in response to firm knowledge and up to date regulatory filings. Closing in on the #2 spot amongst all U.S. company treasuries. pic.twitter.com/fPBoxLq940 —…
Dutch crypto agency Amdax has secured 30 million euros ($35M) in its newest funding spherical to launch a devoted Bitcoin treasury firm, Amsterdam Bitcoin Treasury Strategy (AMBTS), with plans to accumulate 1% of the full BTC provide. According to a Reuters report dated October 7, the AMBTS staff is now ready to start buying Bitcoin…
Bitcoin’s path to changing into a central financial institution reserve asset might not be far-fetched, in accordance to Deutsche Bank analyst. Key Takeaways: Deutsche Bank says Bitcoin’s declining volatility and stuck provide make it a viable candidate for central financial institution reserves by 2030. Demand for Bitcoin is rising alongside gold as establishments and corporates…
Prominent Bitcoin developer Peter Todd alleged on Monday, October 6, that the US National Security Agency (NSA) is “trying to backdoor crypto once more” by way of the rollout of so-called quantum-secure algorithms—this time by pushing deployments that exclude tried-and-tested classical cryptography. “Tl;dr: the NSA is clearly trying to backdoor crypto once more with the…
Jeff Park, chief funding officer at ProCap BTC and an advisor to Bitwise, pushed again towards Paul Tudor Jones’ newest warning that markets “really feel precisely like 1999,” arguing that the macro regime of 2025 is structurally completely different from the dot-com period and, crucially, extra supportive of Bitcoin. Park’s commentary adopted Jones’ interview on…
The crypto market is up immediately, with the cryptocurrency market capitalization rising by 1%, now standing at $4.36 trillion. 1 / 4 of the highest 100 cash have appreciated over the previous 24 hours. At the identical time, the entire crypto buying and selling quantity is at $198 billion. TLDR: The crypto market capitalization is…
On-chain information reveals the Bitcoin Spot Volume has witnessed a rebound alongside the most recent worth rally, indicating a return of buying and selling curiosity. Bitcoin Spot Volume Has Gone Up Recently In a brand new post on X, on-chain analytics agency Glassnode has talked in regards to the newest development within the Bitcoin Spot…
US Senator Cynthia Lummis (R-WY) has hinted that fund purchases for the US strategic Bitcoin reserve (SBR) might occur anytime. In a recent post on X, she confirmed that regardless of legislative pink tape hindering the acquisition of funds for an SBR, the federal authorities is able to start funding anytime quickly. “Legislating is a…
Bitcoin’s rising enchantment amongst youthful buyers in rising markets is positioning it as a most well-liked retailer of worth over gold, in response to Matthew Sigel, head of digital belongings analysis at VanEck. In an X post on Tuesday, Sigel mentioned surveys present youthful shoppers more and more favor Bitcoin for wealth preservation. He famous…