Crypto industry

Cryptocurrency exchange Kraken has made a significant gesture toward Silk Road founder Ross Ulbricht, donating $111,111 in Bitcoin (BTC) to support his reintegration after years of incarceration. Meanwhile, Coinbase’s Conor … Read More

Larry Fink, CEO of BlackRock, discussed the potential for Bitcoin (BTC) to reach values of $500,000, $600,000, or even $700,000 per coin.  He explained how institutional adoption could significantly impact … Read More

Brian Armstrong, CEO of Coinbase, has called Bitcoin a better form of money than gold, citing its scarcity, portability, divisibility, utility, and performance. Armstrong’s comments followed the South African Reserve … Read More

Tron founder Justin Sun has declared that Wrapped Bitcoin (WBTC) has effectively become the United States’ national Bitcoin reserve. The statement comes amid an inadvertent feud between two Bitcoin wrappers- … Read More

Pierre Rochard, Vice President of Research at Riot Platforms, has alleged that Ripple poses the greatest challenge to establishing a Strategic Bitcoin Reserve (SBR). According to Rochard, Ripple’s resistance stems … Read More

Arthur Hayes predicted a dramatic crash in Bitcoin’s value but claimed that it would rebound to a new all-time high by the end of the year. The majority of his … Read More

The Federal Reserve kept its benchmark interest rate unchanged at 4.25%-4.50% on Wednesday.  This marks a ‘hawkish pause’ as inflation remains elevated and economic activity grows at a steady pace.  The decision … Read More

Illinois and Indiana have introduced bills to establish a Strategic Bitcoin Reserve. They join a growing list of US states exploring Bitcoin as a financial asset.  While Illinois aims to … Read More

Matt Hougan, Chief Investment Officer at Bitwise, said that President Donald Trump’s executive order could have a significant effect on Bitcoin’s (BTC) four-year cycle.  While Hougan acknowledged that the market … Read More

Grayscale has introduced the Grayscale Bitcoin Miners ETF (MNRS), providing investors with exposure to companies operating in the Bitcoin mining industry.  This ETF focuses on firms included in the Indxx … Read More