Author name: Monica Bass

Electric vehicle company Tesla’s strategic bet on Bitcoin is proving lucrative, with the company now holding over $1 billion worth of the world’s largest crypto. The automaker currently holds 11,509 BTC, which has appreciated significantly in value as Bitcoin hit an all-time high of $89,560, as per data from blockchain analytics firm Arkham Intelligence. In

If retired Carolina Panthers player Russell Okung held onto the 240 Bitcoin purchased in lieu of half of his 2020 salary until today, he would be sitting on over $20.9 million. If. Chances are, he’s sitting pretty: ​​In May 2021, amid a decline in Bitcoin’s value, Okung reaffirmed his commitment to the crypto, stating on

Bitcoin’s market capitalization overtook silver Monday evening, reaching $1.75 trillion to secure its position as the world’s eighth-largest asset. It comes as Bitcoin breached $89,000, topping out at $89,560, before dropping back below those levels, data from CoinGecko shows.  The asset has lept more than 9% on the day following strong institutional demand and sustained

Crypto markets continue their upward trajectory, with Bitcoin crossing $89,000 on Monday and institutional investment in digital assets reaching new highs. Amid rising prices, Bernstein Research has issued a resounding endorsement of the sector, recommending clients “buy everything you can,” according to a report published Monday. Analysts Gautam Chhugani and Mahika Sapra attribute the market’s

Bitcoin-based options trading has surged as institutional investors are betting the asset could continue surging higher amid a broader crypto market rally triggered by the re-election of pro-crypto President Donald Trump.  Amid record-setting prices in crypto, Bitcoin’s open interest for options contracts soared on Monday to just below $25 billion, data from derivatives exchange Deribit