Strategy, the world’s largest corporate holder of Bitcoin, reported $3.9 billion in fair value gains for the third quarter, according to a company press release. 

Strategy holds roughly 640,000 Bitcoin, with an average purchase price of $73,983 per coin. At current prices near $124,500, its holdings are valued at approximately $78.7 billion, representing unrealized gains of about $31.4 billion.

“For every $10,000 change in BTC price, we generate $6 billion in unrealized gains on our BTC holdings,” noted Chaitanya Jain, a Bitcoin Strategist at Strategy. 

The company has also issued several types of preferred shares this year to access additional funding beyond…

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Billionaire investor Paul Tudor Jones said Bitcoin is among the top beneficiaries of the current market environment, calling it “very, very appealing” during an interview on CNBC.

Jones, known for his endorsements of Bitcoin as a hedge against inflation, said the current market setup resembles the 1999 tech bubble, though with key differences that could make the upside even more dramatic. 

Bitcoin is currently pricing at all-time highs. It surpassed its previous record of $124,466 over the weekend. Over the past week, it climbed more than 13%, rebounding from $109,000 at the end of September to $125,900 today.

Bitcoin last approached these levels in August.

Fiscal… Read more on BitcoinMagazine

Wow, what a difference a week makes! Bitcoin started last week out just below resistance, then blasted right on through it, with some very strong buying pressure throughout the week. The bulls are back in control after taking out all short-term resistance levels. Bitcoin price is now in what is referred to as a “blue sky breakout”, where the price reaches a new all-time high and goes into price discovery mode as all buyers who didn’t sell on the correction are now in profit. It has truly been an impressive week for the bulls, generating the highest weekly closing price bitcoin has ever seen at $123,515.

Key Support and Resistance Levels Now

Now that the price has…

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Bitcoin jumped past $125,000 today, nearing its new all-time high as macroeconomic uncertainty and mounting political tensions in Washington pushed investors toward alternative assets.

The world’s largest cryptocurrency climbed more than 13% over the past week, rebounding from about $109,000 at the end of September to touch $125,750 over the weekend, according to Bitbio data. 

At the time of writing, Bitcoin is trading at $125,870.

The move comes as people expect the Federal Reserve to cut interest rates later this month, which could further fuel a rally in non-yielding and risk-sensitive assets.

The ongoing U.S. government shutdown is adding another tailwind to…

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Opendoor CEO Kaz Nejatian put out a social media hint that his company may soon allow the purchase of homes using Bitcoin or other crypto.

In a reply on X to a user asking whether Opendoor would permit home buying with Bitcoin or crypto, Nejatian responded, “We will. Just need to prioritize it.” The comment, though brief, sparked speculation that the housing company might add crypto payments into its platform.

Opendoor Technologies., based in San Francisco, operates a digital home-buying marketplace. The company makes cash offers on homes via an online process, acquires the properties, performs repairs or upgrades, and re-lists them for sale.

That model makes bitcoin…

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Galaxy Digital has unveiled GalaxyOne, a new consumer platform and app that merges crypto, cash, and stock trading under one roof. The platform features a 4% cash account, crypto custody and trading, and zero-commission stock and ETF trading, making it one of the most comprehensive finance apps in the U.S.

At launch, users can buy, hold, and transfer Bitcoin, Ether, Solana, and Paxos Gold, with plans to expand to more tokens soon. Investors can also trade over 2,000 U.S. stocks and ETFs, including fractional shares. For accredited investors, GalaxyOne offers Galaxy Premium Yield, providing 8% APY, powered by Galaxy’s institutional lending arm.

The move marks Galaxy’s major entry into the retail market, competing with platforms like Robinhood, eToro, and Cash App. CEO Mike Novogratz said Galaxy is bringing its institutional-grade infrastructure to individuals, following the acquisition of Fierce, the finance super-app that evolved into GalaxyOne.

A new default setting in the upcoming Bitcoin Core release, Bitcoin Core 30.0, has caused a rift through segments of the Bitcoin community. Some users have indicated they won’t upgrade to the new release of Bitcoin’s most-used client, or switched to running Bitcoin Knots: a software fork of Bitcoin Core maintained by OCEAN CTO Luke Dashjr, a vocal critic of the change.

The debate is quite technical, about a seemingly minor issue. Bitcoin Core 30.0 will start to relay transactions across the network with bigger OP_RETURN outputs: transactions that embed arbitrary data (like text or images) in a specific way. This appears to be a minor change because Bitcoin Core (and Bitcoin Knots)…

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