Saylor Says Bitcoin Could Win Big If AI Destroys Traditional Moats

Michael Saylor says Bitcoin could emerge as one of the biggest winners if artificial intelligence compresses corporate “terminal value” and forces markets to stop paying up for long-dated growth. His argument came in response to Chamath Palihapitiya’s latest thought experiment, which framed AI not simply as a productivity engine, but as a force that could […]

Bitcoin Whale Exchange Ratio Climbs To Highest Level In 11 Years — Data

The price of Bitcoin has been stuck in a consolidation range below $70,000 so far this week, after spending most of the previous weekend above it. While the flagship cryptocurrency’s price movement has been largely — and painfully — sideways in recent weeks, this represents a notable improvement from how the month of February started. […]

Kansas Senator Proposes Bill For State’s Strategic Bitcoin Reserve And ETF Investment

On Thursday, Senator Craig Bowser introduced a new piece of legislation aimed at creating a Strategic Bitcoin and cryptocurrency reserve for Kansas state.  The proposal, filed as Bill 352, would permit the Kansas Public Employees Retirement System (KPERS) to allocate up to 10% of its total funds into Bitcoin exchange-traded funds (ETFs). Kansas Bitcoin Bill  […]

US Strategic Bitcoin Reserve Is Still A ‘Priority,’ White House Adviser Says

The White House is still treating a US Strategic Bitcoin Reserve as an active priority, even as officials work through what executive director of the White House Crypto Council Patrick Witt described as the legal and bureaucratic questions that sit beneath an idea that, on paper, sounds simple. US Strategic Bitcoin Reserve On ‘Priority List’ […]

Bitcoin Seized From Samourai Wallet Creators Allegedly Sold By US Marshall Service

In a recent report by Bitcoin Magazine, it has come to light that the US Marshals Service (USMS), operating under the direction of the US Department of Justice (DOJ), has allegedly sold Bitcoin (BTC) forfeited by defendants Keonne Rodriguez and William Lonergan Hill, creators of Samourai Wallet. Controversial Bitcoin Sale  According to documents titled “Asset […]

Crypto Witnesses Net Capital Flow Below $4.5 Billion For The First Time In Two Years

For the first time in nearly two years, the cryptocurrency market has experienced a turn in net capital flows, dropping below the $4.5 billion mark. This downturn comes as Bitcoin (BTC) has led a tumultuous fourth quarter, characterized by increased selling pressure and heightened volatility. Cash Flow Crisis In Crypto Notably, CoinShares recently reported that […]