The Most Important Crypto News This Week (June 15-22)
This week was very exciting in terms of developments within the cryptocurrency industry. In the following, we take a look at some of the most important crypto news from the…
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Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team
Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily…
Crypto Deposits to Chinese Drug Producers’ Addresses Double in Early 2024 Compared to 2023
Blockchain intelligence firm TRM Labs has revealed that cryptocurrency deposits into crypto addresses linked to Chinese drug precursor manufacturers more than doubled in the first four months of 2024 compared…
Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars
Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million…
Family Offices Grappling with Cryptocurrency Investment Prospects: BNY Mellon
Family offices, known for their entrepreneurial spirit, are embracing new investment opportunities. Though cryptocurrencies account for 5% of portfolios, an allocation that would have been unthinkable a decade ago, they…
Semler Scientific’s Bitcoin Bet: 828 BTC and Counting, $150M Raise for More
California-based med-tech company Semler Scientific has announced purchasing an additional 247 BTC for an aggregate of $17 million in cash, inclusive of fees and expenses. As of June 6, 2024,…
Ark CEO Cathie Wood Talks Bitcoin With El Salvador’s President — Applauds His Vision for BTC Hub
Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms.…
Quantitative Trading Giant Boosted its Portfolio with $1 Billion Bitcoin ETF Investment
Susquehanna International Group, a quantitative trading firm, revealed its investments in Bitcoin exchange-traded funds (ETFs) during the first quarter of 2024. According to a 13F-HR filing submitted on May 7,…
These Are The Top 5 Bitcoin-Interested Countries According to Google
It has been over 15 years since Satoshi Nakamoto introduced Bitcoin to the world, and a lot has happened within this timeframe. From being called a pyramid scheme, rat poison…
Bitcoin Has More Users Than The Internet in 1997: Here’s Why That’s Bullish
A meme began making its way around crypto Twitter earlier this month, pointing out that Bitcoin now has the number of active users that the Internet had in 1997. But…
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