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Anthony Scaramucci, CEO of investment firm SkyBridge Capital, said at a recent event that Solana (CRYPTO: SOL)-powered asset tokenization has the potential to reduce transaction verification costs by up to 75% annually.
Scaramucci Builds Case For Solana-Enabled Tokenization
Speaking at the LONGITIDE event in Abu Dhabi on Dec. 11, Scaramucci estimated that global transaction verification costs $4 trillion a year, including credit card fees and wire fees.
“If we were able to adopt Solana and use it in the process of tokenizing assets, you could save probably 75 percent of that,” the vocal cryptocurrency advocate said.
Exact worldwide figures are tough to ascertain due to varying regional…
Read more on Benzinga
Hood River County, Oregon – December 16th, 2025 – This month last year, Abundant Mines quietly began to launch a feature that would go on to change how the bitcoin mining industry defines performance. Today, the company is celebrating the one-year anniversary of Hashrate Redirect™, a pioneering system that ensures clients continue earning bitcoin even when their machines are offline.
For too long, mining providers have misled customers with uptime metrics that measure whether a facility has power, not whether a machine is actually hashing. A rig could be powered off, broken, or awaiting repairs and still count toward a provider’s claimed “98% uptime.” The result is lost…
Read more on BitcoinMagazine
Bitcoin price hovered above $87,000 today as market sentiment and the Crypto Fear and Greed Index plunged to 11 out of 100, a level signaling extreme fear among investors.
At the time of writing, the bitcoin price is trading at $87,696, up roughly 2% over the past 24 hours, according to market data. Despite the modest rebound, BTC remains trapped in a choppy consolidation range, sitting just 0.2% below its seven-day high of $87,918 and 2% above its weekly low near $85,575.
Yesterday, the bitcoin price cratered from close to $90,000 to the mid $85,000s.
Trading volume over the past day totaled approximately $51 billion, suggesting continued participation but little conviction on either…
Read more on BitcoinMagazine
Asset manager Bitwise released a new report that argues that bitcoin is poised to break from its historical four-year market cycle, setting new all-time highs in 2026 while becoming less volatile and less correlated with equities.
Bitwise’s Chief Investment Officer Matt Hougen outlined three forecasts he says matter most for crypto investors: the end of the four-year cycle, continued volatility compression, and declining correlation between BTC and traditional stock markets.
The four-year cycle is ‘significantly weaker’
Bitcoin has historically followed a four-year pattern tied to the halving cycle, typically marked by three years of gains followed by a sharp pullback. Under that…
Read more on BitcoinMagazine
Metamask, the popular Ethereum and DeFi wallet, announces Bitcoin integration as the company continues its expansion into multiple chains other than Ethereum. The wallet boasts 143 million downloads and over 30 million monthly active users, making it one of the most popular crypto wallets in the world.
Developed by Consensys, an Ethereum-born software development arm, Metamask has become a beast of its own, achieving massive success and adoption in the crypto industry. Having operated for over a decade, Metamask defined the user experience of in-browser wallets, copied by many of its competitors. Up until recently, Metamask was an Ethereum-only wallet, focusing on helping users move…
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Over the last two months, the broader bitcoin market has bled to semi-surprising lows and it seems like fear has crept into the forefront of market sentiment. But Strategy’s Michael Saylor, in true Saylor fashion, just put his head down and bought more bitcoin.
Over the past two weeks, Strategy has spent nearly $2 billion just on Bitcoin.
Michael Saylor and his company Strategy have steadily expanded their Bitcoin treasury over the years, now holding 671,268 BTC — equivalent to 3.2% of all Bitcoin ever expected to exist, the company says.
The firm’s average purchase price for its holdings sits at roughly $75,000 per BTC, with a total acquisition cost of $50 billion…
Read more on BitcoinMagazine
