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Strategy continues accumulating Bitcoin as it hits all-time highs in July, and the total crypto market cap breaches the $4 trillion mark. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase on Sunday, as the company’s total holdings crossed $71 billion. The treasury company’s most recent purchase occurred on July 14, when it bought…
The decline of the US dollar and the loss of purchasing power due to fiat currency inflation will drive global demand for Bitcoin. Macroeconomic drivers, including the decline of the US dollar (USD), will dampen the effects of the Bitcoin (BTC) halving cycle, which is the source of the market booms and busts that have…
Wynn previously claimed that his leveraged positions were deliberately “hunted” by crypto market makers looking to sink Bitcoin’s price below his liquidation threshold. Multimillionaire cryptocurrency trader James Wynn returned despite numerous previous liquidations, signaling renewed confidence in Bitcoin’s near-term upside momentum. Wynn returned with two new leveraged positions, including a 40x leveraged Bitcoin (BTC) long…
Strategy continues to lead the pack among Bitcoin treasury companies, issuing debt and equity instruments to finance more purchases. Strategy co-founder Michael Saylor signaled that Strategy would resume Bitcoin (BTC) buying on Monday after the company took a week-long hiatus from accumulating the digital asset. “Some weeks, you don’t just HODL,” the executive wrote on…
Animoca Brands joins a growing list of companies adopting a Bitcoin treasury strategy or expanding their existing Bitcoin reserves. Web3 company Animoca Brands signed a non-binding memorandum of understanding (MOU) with DayDayCook (DDC) Enterprise, a meal-prep and packaged food company that recently adopted a Bitcoin (BTC) treasury strategy, to manage Animoca’s BTC holdings and generate…
French company The Blockchain Group and the UK-based Smarter Web Company each boosted their corporate Bitcoin treasuries on Monday with multimillion-dollar BTC purchases. Two European companies — France’s The Blockchain Group and the United Kingdom’s Smarter Web Company — have expanded their Bitcoin holdings. In a Monday announcement, The Blockchain Group said it acquired 116…
References to Bitcoin in songs, movies, and televised media indicate that the digital asset is breaking into mainstream popular culture. Musical artist Drake made a lyrical reference to Bitcoin (BTC) in a new song released on Saturday titled “What Did I Miss?” The hip-hop artist previously wagered $1 million in BTC on the outcome of…
Lever CEO Jullian Duran joins the Clear Crypto Podcast to explore how using Bitcoin as collateral, rather than cashing out, can create a new path to financial independence. What if you could use your Bitcoin (BTC) to buy a house, fund a child’s education or invest in a new business, without ever selling it? In…
Jordi Visser argued that growing dissatisfaction among those 25 and younger with the current financial system will increase BTC adoption. Younger generations disillusioned by the current financial system and calling for a socialist system financed through increased public spending will force the price of Bitcoin (BTC) higher in the long term, according to market analyst…
Trump praised Bitcoin and cryptocurrencies in a Friday press conference and said Bitcoin may help relieve pressure on the US dollar. United States President Donald Trump recently touted the positive impacts of Bitcoin (BTC) on the US economy, including relieving “pressure” from the US dollar during Friday’s White House press conference. The President said that…