A proposed class action lawsuit against Strategy which accused the business intelligence company and its executive chairman, Michael Saylor, of misleading investors about the risks of its substantial Bitcoin purchases, has been voluntarily dismissed by the plaintiffs, according to Bloomberg. Summary Investors have voluntarily dismissed a proposed class action against Strategy, closing claims the company…
The IREN stock price surged to a record high on Friday, Aug. 29, after the Bitcoin mining company published strong financial results, leading to a set of analyst upgrades. Summary IREN stock price jumped to a record high after strong financial results. Wall Street analysts are upbeat about the company as it pivots to AI….
Bitcoin price is on track to drop for three consecutive weeks as traders brace for a $15 billion options expiry and as risky chart patterns form on the weekly chart. Summary Bitcoin price has crashed for three consecutive weeks. BTC and Ethereum options worth over $15 billion will expire today. Technical analysis points to more…
Amsterdam’s Amdax is planting a flag with AMBTS, a dedicated Bitcoin treasury company. Backed by $23 million, its goal is to build a EUR-based counterweight to global giants and secure a full 1% of the entire BTC supply for European markets. Summary Amdax has launched AMBTS, a Bitcoin treasury firm backed by $23 million in…
In this episode of the crypto.news podcast, we dive deep into the rise of Bitcoin corporate treasuries with Head of Institutional at Gemini, Brad Vopni, and Empery Digital Co-Founder, Ryan Lane. In a crypto.news first, we sit down with two companies at the head of this new frontier in digital finance; why Empery Digital (NASDAQ:…
Former Binance CEO, Changpeng ‘CZ’ Zhao believes Bitcoin will become the global reserve currency. So far, his statement’s been proven by the rise in companies and nation’s adopting BTC treasuries. Summary Former Binance CEO, Changpeng “CZ” Zhao, said that Bitcoin will become the ‘global reserve currency.’ As of August 2025, there are more than 300…
Bitwise Asset Management has released a long-term outlook projecting that Bitcoin price could reach $1.3 million per coin by 2035. Summary Bitwise projects Bitcoin could hit $1.3M by 2035, with a $28T market cap. Forecast driven by institutional inflows, inflation hedging, and fixed supply. Risks remain from regulation and macro shocks, but long-term trajectory is bullish….
Bitcoin and the broader crypto market are on edge as a top economist, whom Donald Trump nominated to the Federal Reserve in 2019, downplayed the impact of the upcoming interest rate cut. Summary Stephen Moore, a top US economist, has downplayed the impact of the coming Federal Reserve interest rate cut. He believes that the…
Tether is deploying USDT on the RGB protocol, creating a form of Bitcoin-native existence that bypasses bridges and wrapped assets and laying the foundation of what could redefine the chain’s utility beyond mere value storage. Summary Tether is launching USDT on Bitcoin via the RGB protocol, enabling native transfers without bridges or wrapped tokens. The…
Summary Bitcoin is trading in a tight range between $108K and $115K after a recent flash crash wiped out over $900M in long positions. BTC price is currently around $113K, showing consolidation amid reduced leverage and uncertain ETF inflows. A breakout above $115K could push Bitcoin to $118K–$120K, with potential upside to $124K. A drop…
