Howard Lutnick, U.S. Secretary of Commerce, made it clear in a recent interview that Bitcoin has a powerful future in America — and the federal government is now fully behind it. “What is Bitcoin like? It’s like gold, right?” Lutnick said in an interview with Bitcoin Magazine. “It was treated under the Biden administration like…
SPAR supermarket chain is rolling out BTC payments across Switzerland after a successful pilot in Zug and Kreuzlingen. According to a recent update from crypto services firm DFX Swiss, SPAR grocery stores will soon expand their acceptance of Bitcoin (BTC) as a payment option across Switzerland. SPAR’s crypto payment system is powered by OpenCryptoPay, a…
Bitcoin treasury firm Strategy, formerly MicroStrategy, added another 15,355 BTC to its balance sheet over the past week. The company spent about $1.42 billion at an average price of $92,737 per Bitcoin, according to an SEC filing Monday. The purchase brings Strategy’s total Bitcoin (BTC) holdings to 553,555 BTC, worth over $52 billion at Bitcoin’s…
Standard Chartered’s Geoffrey Kendrick is doubling down on a bullish outlook for Bitcoin, forecasting the cryptocurrency will hit $120,000 in the second quarter of 2025 before rising toward $200,000 by the end of the year. In a note published April 28, Kendrick cited strategic asset reallocation away from U.S. assets, strong Bitcoin (BTC) accumulation by…
Bitcoin is approaching a pivotal high-timeframe resistance region where key structural, volume, and Fibonacci levels converge. A potential bearish Shark Harmonic is forming, and if confirmed, could lead to a sharp corrective move lower. Bulls must reclaim major resistance quickly to avoid a broader downturn. Bitcoin (BTC) is trading at a critical high-timeframe resistance area…
In a Turkish interview, Binance co-founder Changpeng ‘CZ’ Zhao talks about the future of Bitcoin and his thoughts on Satoshi Nakamoto’s possible identity. In a recent post, the former CEO of Binance teased the content of his latest interview with Turkish crypto advocate and blockchain game Pow Ahoy founder Erhan Ünal. When asked what the…
XMR’s recent price jump appears more closely tied to the laundering of $330 million in stolen Bitcoin through exchanges than to any major adoption or technology developments. The price of Monero (XMR) unexpectedly surged on Monday, jumping over 50% from $228 to $347, before retracing to $295. While some initially speculated that the increase was…
Digital asset investment products saw the highest inflows this year with $3.34 billion with Bitcoin investment products leading the charge, according to a new report by CoinShares. Last week, the digital asset market recorded its highest amount of inflows since mid-December 2024 and the third-largest weekly inflow of all-time. Digital asset investment products saw $3.4…
With crypto liquidity improving and stablecoin inflows rising, Bitcoin could soon push past $100,000, Matrixport says. Bitcoin (BTC) could be preparing for a breakout above $100,000 as new capital flows into the crypto market, according to a Matrixport report conducted by market analyst Markus Thielen. In an X post on Monday, the analysts noted that…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Although some believe that crypto PR and communications efforts should slow down when the markets are cooling off, it couldn’t be further from the truth. Sure, during crypto winters, product development teams…
