CRYPTO
Michael Saylor’s Bitcoin Treasury Strategy Now Accounts for 3.2% of BTC Supply
Strategy owns 3.2% of all Bitcoin, spending nearly $2 billion in the past two weeks to grow its BTC treasury to 671,268 BTC. Over the last two months, the broader bitcoin market has bled to semi-surprising lows and it seems like fear has crept into the forefront of market sentiment. But Strategy’s Michael Saylor, […]
Cathie Wood’s Ark goes on massive $59 million stock buying spree amid crypto carnage
Cathie Wood’s ARK Invest added to Coinbase, Bullish, Circle, and crypto miners during a continued drawdown that pushed listed crypto equities deeper into the red. What to know: Cathie Wood’s ARK Invest went bargain hunting on Monday, as some of the biggest listed names in the crypto sector, including Coinbase […]
Vanguard Exec Likens Bitcoin to ‘Digital Labubu’ Even as Firm Opens ETF Trading Access
Executive John Ameriks emphasized Vanguard’s core view of the crypto sector hasn’t changed, seeing the asset class as highly speculative. What to know: Vanguard’s global head of quantitative equity, John Ameriks, said bitcoin still resembles a speculative collectible more than an asset meant to build long-term wealth, comparing it to […]
YouTube Now Allows U.S. Content Creators to Get Paid in PayPal’s Stablecoin: Fortune
YouTube has added PayPal’s dollar-pegged stablecoin as a payout option for U.S. content creators, marking one of PYUSD’s most high-profile use cases yet. What to know: YouTube enabled U.S. content creators to receive their earnings in PayPal’s (PYPL) stablecoin PYUSD, according to a report by Fortune, which cited PayPal’s head of crypto, […]
Why Trump Should Pardon The Developers of Bitcoins Non Custodial Samourai Wallet
On December 18th, days before Christmas, Keonne Rodriguez, co-founder of the Bitcoin Samourai Wallet, will have to surrender to prison. His crime? Creating a software tool that gave Bitcoin users comparable privacy to that which banks are expected to provide. Samourai Wallet, the brand and technology stack built by Rodriguez and William […]
The Great Digital Dollar Switcheroo
U.S. government finances are failing. But instead of allowing things to continue to their inevitable demise, the central planners are looking to pull off another switcheroo. Like the issuance of Greenbacks during the Civil War or FDR’s gold confiscation in 1933, the U.S. government is scheming to radically change the […]
Brazil’s Largest Asset Manager Recommends Investors Put Up to 3% of their Money in Bitcoin to Hedge Against FX, Market Shocks
The recommendation is in line with other global asset managers like BlackRock and Bank of America suggesting small portfolio allocations to the largest cryptocurrency. What to know: Brazil’s largest privately-owned asset manager, Itáu Asset Management, has recommended investors allocate 1% to 3% of their portfolios to bitcoin. In a year-end note, […]
22-Year-Old Pleads Guilty in $263 Million Bitcoin and Crypto Theft
Evan Tangeman, 22, pleaded guilty to laundering $3.5 million for a multi-state social engineering and crypto scheme that stole 4,100 Bitcoin worth $263 million at the time. A 22-year-old California resident has pleaded guilty to his role in a multi-state social engineering scheme that stole roughly $263 million in crypto. […]
US bank regulator clears national banks to facilitate crypto transactions
The guidance confirms that facilitating customer crypto trades falls within the “business of banking,” expanding the range of activities that national banks may offer under existing law. The US Office of the Comptroller of the Currency has affirmed that national banks can intermediate cryptocurrency trades as riskless principals without holding […]
‘We are going to buy all of it’: Michael Saylor talks Bitcoin Strategy at Bitcoin MENA Conference
Michael Saylor, executive chairman of Strategy, framed Bitcoin as the foundation of a new era in digital capital and credit. Michael Saylor, executive chairman of Strategy, delivered a sweeping keynote at the Bitcoin MENA conference earlier today, framing Bitcoin not just as an investable asset, but as the foundation of […]
