Category Archives: Coins

Kalshi users currently see a 70% chance of a Magnificent 7 company buying Bitcoin before the end of 2025. As reported by U.Today, business intelligence firm MicroStrategy announced another significant Bitcoin purchase earlier today. Its total Bitcoin holdings currently stand at roughly $41 billion, which represents 2.1% of the cryptocurrency’s entire supply. The company’s shares […]

MicroStrategy cofounder Michael Saylor has defended the company’s recent Bitcoin purchases, arguing that those who are not buying the largest cryptocurrency at the top are leaving money on the table.  As reported by U.Today, the Virginia-based business intelligence firm announced its seventh consecutive weekly Bitcoin purchase in a row on Monday. It added more than half […]

Bob McElrath, former blockchain architect at Fidelity Investments, has poured cold water on the idea of creating a strategic Bitcoin reserve in the U.S., describing it as a “hopium hallucination.” “It’s a dumb idea. Don’t expect the US to pump your bags. Bitcoin is small fry compared to the US economy,” he said.  The possibility […]

The price of Bitcoin (BTC) continues to fall, losing nearly 15% in just six days, which is quite painful for a $2 trillion asset. Of course, such a performance changes the sentiment of crypto market participants from bullish euphoria to fear, uncertainty and doubt.  At the same time, Robert Kiyosaki, renowned author of best-selling book “Rich Dad Poor […]

The price of Bitcoin, the leading cryptocurrency by market capitalization, is approaching the $100,000 level once again on Christmas Eve.  The pioneer cryptocurrency is currently changing hands at $98,703, according to data provided by CoinGecko.  The cryptocurrency has surged by nearly 6% in mere hours, with some pundits jokingly describing this overperformance as a “Christmas […]

Jason Calacanis, who is considered to be the greatest angel investor of all time, has suggested that business intelligence firm MicroStrategy might end up breaking “the game of Bitcoin” due to its massive purchases.  Earlier today, Barron’s reported that MicroStrategy shareholders were on track to vote on increasing the company’s authorized common stock to more […]

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]

According to a Wednesday report by Israeli media outlet Calcalist, six Bitcoin-based mutual funds are on track to start trading in Israel after securing key regulatory approval. This comes after the Israel Securities Authority, Israel’s national securities regulator, greenlit the aforementioned products earlier this month.  IBI and More are among the funds whose products have been […]

The Japanese government is reportedly not ready to embrace the idea of adopting Bitcoin as a reserve currency. Satoshi Hamada, a serving member of the House of Councillors, recently urged the Japanese government to follow the U.S. lead by buying Bitcoin with a portion of foreign exchange reserves. However, Prime Minister Shigeru Ishiba has clarified […]

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]