Bitcoin

Bitcoin surged past $81,000 on Thursday, driving significant gains for crypto-related equities including Strategy, Coinbase, and various mining firms amid favorable regulatory and macroeconomic developments.

Standard Chartered has launched spot bitcoin trading for institutional customers in the United Arab Emirates, marking a first-of-its-kind service within the nation as the bank expands its digital asset offerings globally.

Mexican billionaire Ricardo Salinas warns against fiat inflation, calling it a hidden tax, and urges his followers to buy and hold bitcoin to protect their savings from government currency devaluation.

A recent Cornell University Bitcoin Adoption Index report reveals that Bitcoin usage surges in countries with unstable currencies and failing banks, such as El Salvador, Venezuela, and Nigeria, serving as a practical financial workaround.

Capital B has secured €7.6 million from Blockstream CEO Adam Back to purchase additional bitcoin, aiming to strengthen its corporate treasury and increase long-term reserve assets.

Strategy CEO Phong Le defended the company's recent digital asset sales as the right trade to build cash reserves and strengthen its balance sheet, as the largest corporate holder of bitcoin resumes purchases.