The Official TRUMP (TRUMP) coin has surged 4.27% in the last 24 hours, reaching $18.50, with a market cap of $3.7 billion. Despite this short-term rally, TRUMP remains down 75.36% from its all-time high of $75.35 set on Jan. 19.
MicroStrategy has officially announced its rebranding initiative, adopting the name Strategy. This transition marks a strategic evolution for the company, positioning it as the world's first and largest Bitcoin Treasury Company while retaining its identity as a leading independent business intelligence firm and a Nasdaq 100 stock.
Bitcoin could soar to $500,000 by 2028 as institutional inflows rise, volatility declines, and regulatory shifts under Trump expand investor access, according to Standard Chartered's outlook. Trump, ETFs, and Institutional Inflows—Will Bitcoin Hit $500K by 2028? Standard Chartered's head of digital assets research, Geoffrey Kendrick, predicts bitcoin could reach $500,000 by the end of 2028.
In a recent client note, Standard Chartered's Head of Digital Assets Research, Geoff Kendrick, predicted that Bitcoin (BTC) could surge to $500,000 by the end of 2028. The executive attributed BTC's potential extraordinary price rise to two major factors.
Arthur Hayes, the former BitMEX CEO, has called out US president Donald Trump's proposed Bitcoin Strategic Reserve (BSR), labeling it a political disaster waiting to happen. He dropped this bombshell in the part 2 of his tryptic essay series The Genie, where he shredded the fantasy of a federal BTC stockpile as misguided and dangerous.
XRP Price Dips Amid SEC Appeal Uncertainty XRP slides 5.8% as traders weigh the impact of SEC's legal shake-up. Could a shift in regulatory stance boost XRP's long-term outlook?
Ohio is taking a bold step towards embracing cryptocurrency with a new bill that could establish a state Bitcoin reserve. Introduced by Senator Sandra O'Brien on January 28, 2025, Senate Bill 57 seeks to allow Ohio's treasurer to invest public funds in Bitcoin, marking the state's commitment to digital assets.
Bitcoin (BTC) recently faced a significant delay in block production, sparking concerns about network stability. Neil Hartner, a software engineer, highlighted the issue in an X post, noting that the glitch halted block production for 88 minutesfar exceeding the usual 10-minute interval.
European central banks may start accumulating Bitcoin this year, according to blockchain expert Fiorenzo Manganiello, co-founder of LIAN Group. His prediction follows the European Unions implementation of the Markets in Crypto-Assets (MiCA) regulation, which enhances security and compliance in the cryptocurrency market.
MicroStrategy's executive chairman, Michael Saylor, sparked curiosity with a cryptic post on X (formerly Twitter), simply stating “₿ig Strategy Day.” His tweet, featuring the Bitcoin symbol, left the crypto community speculating about its meaning.
Bitcoin extended its decline on Wednesday, failing to hold gains above the critical $100,000 mark as escalating U.S.-China trade tensions weighed on investor sentiment. As of 1:45 ET (06:55 GMT), Bitcoin was down 1.8%, trading at $97,601.8.
Bitcoin price started another decline below the $100,500 zone. BTC is trimming gains and might continue to move down toward the $95,000 zone.
New Mexico has become the latest US state to explore the establishment of a strategic Bitcoin reserve. The state legislature has introduced Senate Bill 57 (SB57), titled the “Strategic Bitcoin Reserve Act,” which proposes allocating 5% of public funds to Bitcoin. The bill was presented by Senator Ant Thornton.
Trump's Crypto Czar David Sacks sees potential for bitcoin in the U.S. sovereign wealth fund as officials explore its role as a strategic reserve asset.
Bitcoin is currently in consolidation mode, trading below its all-time high (ATH) of $109K, as volatility, uncertainty, and speculation dominate the market. The price has been ranging between ATH and the $90K level, creating fear and hesitation among investors who suspect that the bull cycle top may already be in.
Broader cryptocurrency markets saw declines over the past 24 hours, with total market capitalization dropping 2.01% to $3.17 trillion. Cryptocurrency Gains +/- Price (Recorded at 8.15 p.m.
Ethereum experienced one of the most chaotic trading days in its history last Monday, as it plunged over 30% in less than 24 hours amid escalating U.S. trade war fears. However, the market quickly rebounded after President Trump announced negotiations with Canada and Mexico, leading to a sharp recovery across crypto assets.
In a significant development for the Bitcoin (BTC) market, BlackRock, the world's largest asset manager, is preparing to introduce an exchange-traded Fund (ETF) directly tied to BTC in Europe.
Bitcoin's recent surge above $100,000 was a captivating event for the cryptocurrency market. However, this momentum was short-lived due to rising trade tensions between the U.S. and China, which led to a sharp market pullback.
Bitcoin (BTC) network activity has reached its lowest level in a year, bringing its fair value to between $48,000 and $95,000, according to CryptoQuant. As of press time, Bitcoin was trading at roughly $96,500, making the flagship crypto overvalued from a network activity perspective based on CryptoQuant's valuation model.
Bitcoin's dominance over the entire market has continued to increase steadily over the past few weeks, even as many Bitcoin and many other cryptocurrencies started the week on a negative note. According to data from CoinMarketCap, Bitcoin's dominance is now at 60.4%, its highest level since the 2021 bull market.
MicroStrategy, the Bitcoin whale which rebranded to Strategy just yesterday, ended 2024 with its Bitcoin reserves worth $23.9 billion, according to the company's latest financial report that was released yesterday. Despite reporting a $670 million net loss for Q4, the company, led by CEO Phong Le, shared that they've acquired 447,470 bitcoins to date.
Microstrategy, also known as Strategy, recorded its largest quarterly bitcoin acquisition in Q4 2024, adding 218,887 BTC for $20.5 billion as it expanded its accumulation strategy. The Biggest Bitcoin Buy in Microstrategy's History—And They're Not Stopping Microstrategy Inc. (Nasdaq: MSTR), also known as Strategy, reported its fourth-quarter earnings for 2024 on Feb.
Bitcoin (BTC) continues to fluctuate within a consolidation range between $94,000 and $100,000, many traders and investors are keeping a close eye on the market, trying to determine whether the cryptocurrency has reached its lowest point. Despite the ongoing price swings and heightened volatility across the crypto market, key indicators suggest that Bitcoin may still be some distance away from hitting its bottom.
New Mexico is the latest US State to explore a strategic Bitcoin reserve move. Officially, the State's legislature has welcomed Senate Bill 57 (SB57), which will see New Mexico invest 5% of public funds in Bitcoin.
Bitcoin has experienced massive price swings since the weekend, dropping to $91K before staging a strong recovery above $100K. However, BTC now sits around $98K, struggling to maintain momentum amid ongoing trade war fears that have shaken global markets.
Altcoins just suffered their worst sell-off in years, with over $460 billion erased in days. Will liquidity rotate back, or is the dream of another altseason fading for good?
Michael Saylor just announced that MicroStrategy has rebranded to Strategy. As part of the rebrand, it incorporated the Bitcoin symbol into its official logo.
Asset management titan BlackRock is reportedly going to list a new spot market Bitcoin (BTC) exchange-traded product (ETP) in Europe, its first digital asset-related venture into the continent.
Elon Musk, the billionaire entrepreneur behind Tesla, SpaceX, and several other ventures, continues to make waves in global markets. With a net worth surpassing $414.6 billion, Musk's diverse range of investments spans across industries such as electric vehicles (EVs), space exploration, artificial intelligence (AI), and blockchain technology.
On-chain data reveal a significant decline in Bitcoin (BTC) network activity, reaching a new one-year low. Daily transactions have dropped from an all-time high of 734,000 in September 2024 to 346,000, representing a 53% drop.
Strategy posted a loss last quarter as its Bitcoin-buying spree ramped up, but word of the rebrand dominated the conversation Wednesday.
Strategy, the largest corporate holder of bitcoin, said it's almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally.
Arbitrum has integrated with BitcoinOS (BOS) to bring its Ethereum-based layer two (L2) scaling solution to the Bitcoin network. Arbitrum Brings Ethereum-Based L2 Scaling to Bitcoin According to the release shared with Bitcoin.
MicroStrategy announced on Feb. 5 that it will rebrand to Strategy, reflecting its focus on becoming a Bitcoin (BTC) Treasury Company and a publicly traded business intelligence firm. The Nasdaq 100 constituent company also introduced a new logo featuring a stylized “B,” which signifies its Bitcoin strategy and position within the crypto market.
Bitcoin (BTC) recently dipped below the $100,000 mark, but this drop isn't just a result of typical market fluctuation. With rising global tensions and uncertainties surrounding trade negotiations between the United States and China, Bitcoin's price movement is reflecting broader economic concerns.
The company fka MicroStrategy recorded total revenues of $120.7 million, down 3% from last year and missed estimates by about $3 million.
Bitcoin price could drop under $94,000 again as crypto market sentiment turns negative for the first time since November 2024.
The company earlier on Wednesday changed its name to Strategy as its primary focus for some time has been bitcoin, not software.
GSR Head of Research Brian Rudick joins CoinDesk to discuss recent movements across the crypto market and the possibility for the U.S. to implement Senator Lummis's plan to buy 5% of the bitcoin supply, which could drive the asset's price to $500,000. This content should not be construed or relied upon as investment advice.
Bitdeer plans to invest $90M in the power plant and $30M in the mining facility, reducing energy costs and optimizing sustainability.
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Gold and Bitcoin have previously moved together as "safe haven" assets. But that isn't the case with President Donald Trump back in action.
The company's core business operations remain unchanged following the cosmetic rebrand to reflect the firm's pro-Bitcoin ethos.
The company's core business operations remain unchanged following the cosmetic rebrand to reflect the firm's pro-Bitcoin ethos.
Solana co-founder Anatoly Yakovenko has opined that Bitcoin, the largest cryptocurrency, is heading toward a "hybrid" proof-of-stake (PoS) model.
Strategy's rebranding highlights the growing corporate trend of integrating cryptocurrency and AI, potentially reshaping financial strategies. The post Strategy₿ becomes Bitcoin's first treasury company appeared first on Crypto Briefing.