I’ll admit – just a few years ago, I’d be shocked to hear myself say that the CEO of BlackRock is making good points about Bitcoin. As head of the world’s largest asset manager, I assumed Larry Fink would be Bitcoin’s biggest critic. But compared to dismissive remarks on Bitcoin from other Wall Street leaders like Jamie Dimon, Fink’s perspective is a refreshing change.

If you think otherwise, yesterday’s earnings call proves it.

There, Fink declared, “I’m…

Read more on BitcoinMagazine

Metaplanet, a key player on the Tokyo Stock Exchange, has notably increased its Bitcoin reserves by purchasing an additional 106.976 BTC for about ¥1 billion this Monday. This strategic move follows closely after acquiring 108.99 BTC last week, bringing their total holdings to an impressive 855.478 BTC, valued at $56.37 million.

Throughout 2024, the company has been consistent in bolstering its Bitcoin portfolio, underscoring a firm commitment to the leading cryptocurrency. These acquisitions reflect a broader trend in the market, where significant players are increasingly solidifying their investments in digital assets.

Simon Gerovich, CEO of Metaplanet, is not shy about his ambitious target for the company—reaching a reserve of at least 1,000 BTC. As Metaplanet edges closer to this milestone, their aggressive investment strategy signals a robust confidence in the future of cryptocurrency.

Follow Nikolaus On X Here

Kamala Harris announced today she is “supporting a regulatory framework for cryptocurrency and other digital assets so Black men who invest in and own these assets are protected.”

Nope, that’s not clickbait: Harris’s first specific crypto policy is here, and it’s race-based.

As a Bitcoiner, I have to say, this is a huge misstep, and it shows Harris in no way understands Bitcoin, a network where everyone already has equal…

Read more on BitcoinMagazine

Follow Frank on X.

At this year’s Oslo Freedom Forum, gigabrain Lyn Alden made the case that bitcoin is now liquid enough to be used in a human rights context, a compelling argument and one with which I agree.

Bitcoin, which now has a market cap of over $1.2 trillion, is less volatile than it was a decade ago and can now more readily be used to help empower those who’ve historically been financially disenfranchised. (The larger an asset’s market cap, the…

Read more on BitcoinMagazine

Bitcoin’s value has soared, crossing the $65,000 threshold for the first time this month, according to CoinGecko. As of early Monday, it had climbed further to surpass $66,000. Despite a sluggish start to October, a month historically known for its substantial market gains and referred to as “Uptober” by traders, Bitcoin has impressively surged over 6% in just 24 hours.

This upswing coincides with an influx of investments into new Bitcoin exchange-traded funds (ETFs), following the Federal Reserve’s recent decision to lower interest rates, which had previously reached record highs. This reduction has benefitted cryptocurrencies, which tend to perform well when interest rates are lower, reflecting their status as “risk-on” assets.

The broader crypto market is also experiencing a rally, with Ethereum and Solana posting similar gains. Ethereum’s price has increased by nearly 6% over the past day, reaching $2,620.59, while Solana has jumped to $155 per coin, marking an equivalent rise. This surge represents a significant rebound from earlier volatility fueled by geopolitical tensions and economic uncertainties.

Data