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Strategy Adds $51 Million in Bitcoin as Price Hits $124K Before Sharp Retreat

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Strategy Adds $51 Million in Bitcoin as Price Hits $124K Before Sharp Retreat

Cointelegraph reports that Strategy acquired 430 Bitcoin for $51.4 million during the week ending August 18, 2025. The purchase occurred at an average price of $119,666 per coin as Bitcoin experienced massive volatility. The acquisition happened as Bitcoin reached new all-time highs above $124,000 on Wednesday before

By Albert Morgan Aug 18, 2025
Ether Shows More Bullish Path Than Bitcoin According to Sentiment Data

Bitcoin

Ether Shows More Bullish Path Than Bitcoin According to Sentiment Data

Cointelegraph reports that Ether holds a slight edge over Bitcoin in short-term prospects due to less overheated social media sentiment. According to sentiment platform Santiment, Ether crowds haven't shown nearly as much bullishness despite better performance over the past three months. The ETH/BTC ratio, which measures Ether&

By Albert Morgan Aug 16, 2025
Winklevoss Twins Take Gemini Public Following Circle and Bullish Success

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Winklevoss Twins Take Gemini Public Following Circle and Bullish Success

Gemini Space Station has filed with the US Securities and Exchange Commission to list its Class A common stock on the Nasdaq Global Select Market under the ticker GEMI. According to Cointelegraph, the crypto exchange and custodian founded by Cameron and Tyler Winklevoss submitted its filing on Friday. The IPO

By Albert Morgan Aug 16, 2025
Treasury Secretary Clarifies Bitcoin Reserve Position After Market Confusion

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Treasury Secretary Clarifies Bitcoin Reserve Position After Market Confusion

US Treasury Secretary Scott Bessent confirmed Thursday that his department continues exploring budget-neutral methods to acquire Bitcoin for the Strategic Bitcoin Reserve. The clarification came after earlier comments triggered a sharp Bitcoin price decline and widespread confusion about the government's cryptocurrency strategy. According to Cointelegraph, Bessent stated on

By Albert Morgan Aug 15, 2025
David Bailey's Nakamoto Completes KindlyMD Merger to Create Bitcoin Treasury Vehicle

Bitcoin

David Bailey's Nakamoto Completes KindlyMD Merger to Create Bitcoin Treasury Vehicle

David Bailey's Bitcoin firm Nakamoto completed its merger with healthcare company KindlyMD on Thursday, creating a publicly traded Bitcoin treasury vehicle with plans to accumulate 1 million Bitcoin. According to Cointelegraph, the merged entity retains the KindlyMD name and continues trading on Nasdaq under ticker NAKA, with Nakamoto

By Albert Morgan Aug 15, 2025
Bitcoin Achieves Fifth Largest Global Asset Status After Surpassing Google Market Cap

Bitcoin

Bitcoin Achieves Fifth Largest Global Asset Status After Surpassing Google Market Cap

Bitcoin reached an all-time high of $124,457 on Thursday, according to Cointelegraph. The milestone pushed Bitcoin's market capitalization past Google's $2.45 trillion valuation. This achievement made Bitcoin the fifth-largest global asset by market value. The price surge drew optimistic responses from industry leaders. Gemini

By Albert Morgan Aug 14, 2025
Switzerland Sees First Nationwide Retail Crypto Payment Rollout Through Spar Partnership

Bitcoin

Switzerland Sees First Nationwide Retail Crypto Payment Rollout Through Spar Partnership

Global grocery chain Spar has launched cryptocurrency and stablecoin payments across Switzerland, becoming the first retailer to implement nationwide digital asset payments in the country. According to Cointelegraph, the initiative went live in 100 stores and will expand to 300 locations in the coming months. The payment system operates through

By Albert Morgan Aug 14, 2025
Metaplanet Reports 190% Gain Against Japan's Blue Chip Benchmark

Bitcoin

Metaplanet Reports 190% Gain Against Japan's Blue Chip Benchmark

According to Cointelegraph, Bitcoin-focused investment company Metaplanet has surged 190% year-to-date, dramatically outperforming Japan's largest blue-chip companies. The Tokyo-listed company released its second quarter 2025 earnings report on Wednesday, showing its year-to-date performance exceeded the 7.2% average gain posted by the TOPIX Core 30 index. The TOPIX

By Albert Morgan Aug 13, 2025
Norwegian Government Fund Reaches 844 Million Dollar Bitcoin Position

Bitcoin

Norwegian Government Fund Reaches 844 Million Dollar Bitcoin Position

Norway's sovereign wealth fund, the largest state-directed wealth fund globally, increased its indirect Bitcoin exposure by 192% over the past year. According to Cointelegraph, the fund now holds exposure to 7,161 BTC through its investment portfolio. The holdings include treasury companies Strategy and Metaplanet plus crypto exchange

By Albert Morgan Aug 13, 2025
Japanese and UK Companies Execute Major Bitcoin Treasury Purchases

Bitcoin

Japanese and UK Companies Execute Major Bitcoin Treasury Purchases

According to Cointelegraph, two publicly listed companies completed substantial Bitcoin acquisitions on Tuesday worth nearly $100 million combined. Japan's Metaplanet purchased 518 Bitcoin for approximately $61.4 million at an average price of $118,519 per coin. The United Kingdom's The Smarter Web Company acquired 295

By Albert Morgan Aug 13, 2025
Bitcoin Halving Cycle Model Proves Accurate Despite Institutional Growth

Bitcoin

Bitcoin Halving Cycle Model Proves Accurate Despite Institutional Growth

Pantera Capital achieved exceptional precision with its Bitcoin price forecast made during the 2022 bear market. According to Cointelegraph, the investment firm predicted Bitcoin would reach $117,482 by August 11, 2025. Bitcoin closed above $119,000 on that exact date, according to Coin Metrics data. The firm published its

By Albert Morgan Aug 12, 2025
Crypto ETPs Record $572 Million Weekly Inflows as Bitcoin and Ether Rally

Bitcoin

Crypto ETPs Record $572 Million Weekly Inflows as Bitcoin and Ether Rally

Global cryptocurrency exchange-traded products recorded $572 million in inflows during the trading week ending Friday. According to Cointelegraph, European crypto asset manager CoinShares reported the data on Monday. The inflows came as Bitcoin and Ether prices recovered last week. Ether reached $4,000 for the first time since December 2024.

By Albert Morgan Aug 11, 2025
Corporate Bitcoin Holdings Surpass $100 Billion As Nationalization Fears Emerge

Bitcoin

Corporate Bitcoin Holdings Surpass $100 Billion As Nationalization Fears Emerge

Corporate cryptocurrency treasuries have surpassed $100 billion in total holdings, according to Cointelegraph. Bitcoin treasury firms alone have amassed 791,662 BTC worth approximately $95 billion by July's end. This represents 3.98% of Bitcoin's total circulating supply. The milestone reflects accelerating institutional adoption throughout 2025.

By Albert Morgan Aug 11, 2025
El Salvador Authorizes Bitcoin Investment Banks Under New Regulatory Framework

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El Salvador Authorizes Bitcoin Investment Banks Under New Regulatory Framework

El Salvador's Legislative Assembly has approved sweeping Investment Banking Law that allows private investment banks to hold Bitcoin and other digital assets on their balance sheets. According to Cointelegraph, the law was passed on Thursday and classifies investment banks under different regulations than commercial banks. Investment banks operating

By Albert Morgan Aug 10, 2025
Michael Saylor Dismisses Ethereum Treasury Concerns While Maintaining Bitcoin Focus

Bitcoin

Michael Saylor Dismisses Ethereum Treasury Concerns While Maintaining Bitcoin Focus

Strategy executive chairman Michael Saylor expressed no concern about growing institutional interest in Ethereum and other cryptocurrencies. The Bitcoin advocate maintained his commitment to the digital asset during a Bloomberg interview Friday. "I think there is an explosion of innovation across the entire crypto economy," Saylor stated. He

By Albert Morgan Aug 10, 2025
Harvard University Adds Bitcoin Exposure Through BlackRock ETF

Bitcoin

Harvard University Adds Bitcoin Exposure Through BlackRock ETF

Harvard Management Company disclosed a $116 million investment in BlackRock's iShares Bitcoin ETF. According to Cointelegraph, the university's endowment fund held 1.9 million shares of the Bitcoin ETF as of June 30. The position ranks as Harvard's fifth-largest equity holding after Microsoft, Amazon,

By Albert Morgan Aug 9, 2025
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