Author: Smith

The New MicroStrategy? UK Firm Satsuma Settles Majority of Convertible Notes in Bitcoin Summary: London-listed Satsuma Technology has raised £163.6 million ($218 million) through convertible notes, with nearly 60% of the funds settled directly in Bitcoin. The move positions Satsuma as a rising institutional player in digital assets, drawing comparisons to US-based MicroStrategy. Background: Satsuma…

If Bitcoin Hits $1 Million, This Could Be America’s Biggest Public Firm Summary: BitMine Chairman Tom Lee suggests that Strategy—a firm heavily invested in Bitcoin—could rise to become the most valuable public company in the U.S. if Bitcoin reaches $1 million. Lee compares Strategy’s crypto holdings to oil reserves once held by energy giants, positioning…

Bitcoin on Indonesia’s Radar as Potential Reserve Asset Summary: Indonesia’s Vice President’s office has met with Bitcoin advocates to explore the possibility of incorporating BTC into the country’s foreign exchange reserves. While no formal policy has been announced, the talks marked a significant step in Jakarta’s consideration of digital assets in national strategy. Exploring Bitcoin…

Bitcoin Dominance Falls Below Key Support Level, Signaling Potential Start of Altcoin Season Summary:  Bitcoin dominance has dropped below 60% for the first time in six months, potentially signaling a shift in market sentiment. Analysts suggest this decline may mark the early stages of an altcoin season as investors begin rotating out of Bitcoin and…

Winklevoss Twins Invest Bitcoin in Trump-Linked Mining Venture Summary: Cryptocurrency pioneers Cameron and Tyler Winklevoss have invested in a new Bitcoin mining company closely tied to the Trump family. The venture, American Bitcoin Corp., includes involvement from Eric Trump and Donald Trump Jr., and aims to become a significant player in the Bitcoin mining sector….

Bitcoin and Ethereum Surge as Trump Signs Pro-Crypto Executive Orders Summary: Bitcoin and Ethereum prices are surging following the announcement of new executive orders by former President Donald Trump, which promote crypto adoption through retirement investment access and fair banking regulations. Background: Executive Orders Open Access to Crypto On the heels of two groundbreaking executive…

Will Brazil Make Bitcoin History? Public Hearing Set for August 2025 Summary: Brazil is moving closer to potentially adopting Bitcoin as part of its national reserves. The country’s Chamber of Deputies will hold its first public hearing on Bill 4.501/2024 on August 20, 2025, discussing a proposal to integrate cryptocurrency into its sovereign wealth strategy….

Elon Musk Raises Concerns Over Bitcoin’s Future Amid Quantum Computing Advancements Summary: Elon Musk is questioning the long-term security of Bitcoin’s cryptography in light of accelerating developments in quantum computing. Using xAI’s chatbot, Grok, Musk explored whether quantum machines could one day crack Bitcoin’s SHA-256 encryption—a foundational pillar of the world’s largest cryptocurrency. The inquiry…

Institutional Investors Could Trigger Next Bitcoin Bear Market, Analyst Warns Summary: As institutional adoption of Bitcoin deepens, some market experts are questioning the long-held cycle theory, warning that corporate investors may accelerate the arrival of the next bear market. Background: Bitcoin Cycle Theory in Question Bitcoin’s well-known market cycle, characterized by alternating bull and bear…

Analyst Predicts Bitcoin Price Could Hit $312,000 Before a 76% Market Crash Summary: Crypto market expert Mike Alfred projects Bitcoin could surge past $300,000 during this cycle before suffering a sharp correction, drawing comparisons to previous bear markets that followed euphoric highs. Historical Patterns Suggest a Steep Decline Follows Major Highs Market analyst Mike Alfred…