Bitcoin price surged above the $94,000 level this afternoon, breaking through a key resistance zone and signaling renewed bullish momentum after weeks of range-bound trading. 

At the time of writing, the bitcoin price is trading at $94,435, up roughly 3% over the past 24 hours, according to market data.

The move marks a decisive reclaim of the upper end of January’s consolidation range, with the bitcoin price now sitting effectively flat relative to its seven-day high of $94,040 and roughly 4% above its seven-day low of $90,897. 

Trading volume over the past 24 hours totaled approximately $52 billion, reflecting heightened market participation as price pushed…

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Strive, Inc. announced today that stockholders of Semler Scientific, Inc. approved its acquisition by Strive, marking a landmark deal in publicly traded Bitcoin-backed companies.

The all-stock transaction includes Semler Scientific’s 5,048.1 Bitcoin, significantly expanding Strive’s digital asset holdings.

In addition, the company said they purchased 123 more Bitcoin for its corporate treasury at an average price of $91,561 per coin, for a total cost of approximately $11.26 million, inclusive of fees and expenses, the company said. 

These purchases bring the company’s total Bitcoin holdings to 7,749.8. Following the Semler Scientific acquisition, the combined entity…

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Former New York City Mayor Eric Adams is facing a lot of heat today after his high-profile launch of a new cryptocurrency, dubbed the NYC Token, crashed within hours of launching. Adams launched the token on Monday, but the coin lost 80% of its value within a couple hours. 

Adams unveiled the Solana-based token at a Times Square event on Monday, promoting it as a tool to generate funding for social causes including the fight against antisemitism and “anti-Americanism,” as well as blockchain education and student scholarships.

Eric Adams told Fox Business that proceeds would support nonprofits like Combat Antisemitism and historically Black colleges and universities without…

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Hello Reader,

The shadow economy of FPC Morgantown runs on pouches of mackerel. Yes, the fish. Much like any fiat, or precious metal standard there is no intrinsic value to the currency, to the mackerel.

You might be a smart ass thinking to yourself that surely you can eat the mackerel if you wanted and there is some amount of protein that some prison economist has a model for deriving intrinsic value based on caloric density and protein richness. But alas, no.

If you have time to read this article, you have time to sign the petition to free Samourai Wallet developers Keonne Rodriguez and William Hill. Every signature counts. CLICK THE IMAGE ABOVE OR HERE.

Most of the…

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The bitcoin price briefly climbed above $92,500 today after U.S. inflation data came in line with expectations as markets assessed the Federal Reserve’s policy outlook and rising political tensions surrounding the central bank.

The consumer price index rose 2.7% year over year in December, unchanged from November and matching economists’ estimates, according to the Bureau of Labor Statistics. 

On a month-over-month basis, headline inflation increased 0.3%, also in line with forecasts.

Core CPI, which excludes food and energy, rose 2.6% from a year earlier, compared with expectations for 2.7% and a prior reading of 2.6%. Core inflation increased 0.2% month over…

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21Shares today launched its Bitcoin and gold exchange-traded product, the 21Shares Bitcoin Gold ETP (BOLD), on the London Stock Exchange, expanding the range of crypto-linked investment products available to UK retail investors.

BOLD is the fifth cryptocurrency product from 21Shares to receive prospectus approval from the UK Financial Conduct Authority. It follows the firm’s existing Bitcoin and Ethereum offerings and comes as demand grows for regulated exposure to digital assets through traditional market infrastructure.

The product trades on the LSE in pounds sterling under the ticker BOLD and carries a 0.65% annual management fee, the company said. 

It is fully…

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