Tag: Cryptocurrency

Bitcoin treasury firm Strategy returned to profitability after surging cryptocurrency prices generated $21 billion in paper gains during the third quarter, according to founder and chairman Michael Saylor.

The SEC has proposed updated regulations to modernize crypto custody for investment advisers and funds, permitting them to hold client digital assets under certain conditions while introducing a clear framework for the growing asset class.

Analyst Mark Moss predicts that Bitcoin will reach a $1 million price target by 2030, driven by currency debasement, economic growth, and institutional adoption while retail investors sell.

The UK Financial Conduct Authority is now accepting authorization applications from cryptocurrency companies, placing the digital asset industry under comprehensive regulatory oversight for the first time.

Bitwise research chief Ryan Rasmussen reveals that major institutions like sovereign wealth funds and pensions did not liquidate their Bitcoin holdings during a recent price drop, choosing instead to accumulate more as a hedge against currency debasement.

50T Funds CEO Dan Tapiero states Bitcoin and core cryptocurrency assets have entered a new bull market, driven by revenue expansion in stablecoins, tokenization, and leading platforms.