Bitcoin Will Replace Gold And Go To $1,000,000, Says Galaxy Digital CEO Mike Novogratz

Today, Galaxy Digital CEO Mike Novogratz told CNBC that Bitcoin is on a path to replace gold and could eventually reach a value of $1,000,000.

“Bitcoin has become a macro asset,” said Novogratz. “And some of the great things is most people have it on their screens next to gold and silver and the S&P. And you think back ten years ago when people thought we were crazy. And now it’s an institutionalized macro asset… It’s just becoming institutionalized.”

He emphasized that Bitcoin is no longer a fringe investment but part of the mainstream financial landscape. He pointed out that its volatility is now seen as normal compared to traditional assets.

“We are in…

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Coinbase Announces Bitcoin Rewards Credit Card, Offering Up To 4% BTC Back On Everything

Coinbase is launching its first-ever branded credit card in partnership with American Express, set to roll out this fall. Called the Coinbase One Card, it will be available only to U.S. members of Coinbase One, the platform’s monthly subscription service. The card will offer 2% to 4% back in Bitcoin on everyday purchases, along with access to American Express perks.  

This is a first-of-its-kind product for Coinbase, which previously only offered a prepaid debit card with Visa in 2020. 

“We see real potential in the combination of Coinbase and crypto with the powerful backing of American Express, and what the card offers is an excellent mix of what customers are…

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France’s The Blockchain Group Secures €9.7 Million More For Its Bitcoin Treasury Strategy

Today, The Blockchain Group (ALTBG), listed on Euronext Growth Paris and recognized as Europe’s first Bitcoin Treasury Company, announced it has raised around €9.7 million through a mix of equity and convertible bond issuances. This move is part of their continued push to build out their Bitcoin Treasury Company strategy.

The funding comes from multiple sources and was carried out through their wholly-owned Luxembourg subsidiary, “The Blockchain Group Luxembourg SA.” A major portion, about €6 million, was raised through a convertible bond issuance to TOBAM, with bonds priced at €6.24 per share. That price reflects a 30 percent premium over ALTBG’s closing price on…

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Off The Grid active wallets hold steady ahead of Steam launch

This is a segment from The Drop newsletter. To read full editions, subscribe.

Eight months after its early access public launch, Off The Grid is preparing to release on Steam.

The game is currently available as a free-to-play title via the Epic Games Store on PC and on latest-gen Xbox and PlayStation consoles’ respective game shops. 

We don’t have the exact Steam launch date yet, but Delphi Ventures Founding Partner Piers Kicks, whose firm invested in Gunzilla Games, said yesterday that the shooter is coming to Steam in a “few weeks” (so likely in the last week of June). 

The game remains on Epic’s list of “Most Played” games, suggesting it’s doing…

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How To Solve The Student Loan Crisis

Student loans continue to trouble millions of Americans, with a total of $1.77 trillion already owed. This crisis has been a major political issue for a while, especially after former President Biden promised to wipe out all of the student loan debt and ended up only fulfilling half of the promise. These billions of dollars are not just numbers on a spreadsheet; they represent people who repay their debt, every month, year in and year out. While the standard repayment plan spans 10 years, the reality is far more daunting: The average borrower takes 20-30 years to repay their loans. 

There are over two million new undergraduates every year, and, on average, they graduate with…

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LATEST: Japanese Company Remixpoint Acquires 55.6 Bitcoin as Part of Investment Strategy

Remixpoint Inc. has purchased ¥887.3 million worth of Bitcoin acquiring 55.68 BTC at an average price of ¥15.94 million per coin. The move boosts its total holdings to 981.39 BTC now valued at approximately ¥15.63 billion. The company’s unrealized gains from its Bitcoin investment stand at ¥2.32 billion showing strong confidence in long term digital asset value.

The funds for this latest purchase came from stock acquisition rights exercised on June 10. Remixpoint originally operated in the auto and energy sectors but has shifted focus to digital assets. It remains one of Japan’s few public firms with direct Bitcoin exposure seeing it as a hedge against the weakening yen and a reliable store of value.

Bitcoin adoption among Japanese companies is on the rise. Metaplanet was the first to shift fully into Bitcoin in 2024 moving away from hospitality to become a digital asset-focused firm. That bold step sparked growing interest from other corporations including Remixpoint.

Source

Spark airdrop lights the fuse on decentralized governance

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Spark, the DeFi protocol behind SparkLend and Spark Savings, has launched Ignition. This long-awaited airdrop campaign is designed to reward early ecosystem contributors and kick off decentralized governance via the SPK token.

The campaign will reach approximately 50,000 participants, spanning users of Aave, Pendle, Centrifuge, Morpho, Unichain, Lido and OP Mainnet, according to the Spark team. Eligibility is determined based on prior engagement with SparkLend or by holding select stablecoins, including USDS, sUSDS, DAI, sDAI and xDAI (the gas token of Gnosis Chain). Token recipients can check…

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A New Security Device For A New Generation

Passport Prime, Foundation Devices’ latest retail hardware wallet, is about to hit the market in Q3 of 2025. The device features a full-color touch screen the size of a credit card with a modern industrial aesthetic. It aims to be a developer platform for Bitcoin and crypto software with high security demands.

Besides serving the basic wallet needs of Bitcoin users, the device is designed as an open source platform for app developers to bring a new experience of crypto-native cybersecurity to the public. The Passport Prime is expected to ship with a powerful Bitcoin wallet app, as well as virtual YubiKeys, a 2FA app, a seed vault for imported or low-value crypto wallets, 50 GB of…

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A New Security Device For A New Generation

Passport Prime, Foundation Devices’ latest retail hardware wallet, is about to hit the market in Q3 of 2025. The device features a full-color touch screen the size of a credit card with a modern industrial aesthetic. It aims to be a developer platform for Bitcoin and crypto software with high security demands.

Besides serving the basic wallet needs of Bitcoin users, the device is designed as an open source platform for app developers to bring a new experience of crypto-native cybersecurity to the public. The Passport Prime is expected to ship with a powerful Bitcoin wallet app, as well as virtual YubiKeys, a 2FA app, a seed vault for imported or low-value crypto wallets, 50 GB of…

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Remixpoint Invests ¥887 Million More Into Bitcoin

Remixpoint Inc. (3825.T), a management consulting services company, announced it has purchased ¥887.3 million worth of Bitcoin, acquiring 55.68 BTC at an average price of ¥15.94 million per coin. 

Following this purchase, the company now holds a total of 981.39 BTC, with a market value of approximately ¥15.63 billion. The unrealized gain on its Bitcoin holdings stands at ¥2.32 billion, reflecting their confidence in Bitcoin’s long term value. The funds came from the exercise of stock acquisition rights conducted on June 10.

Remixpoint Inc. is a Japanese company that started in the auto and energy sectors but has changed toward digital assets. It’s one of the few…

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