BITCOIN NEWS UPDATE

Twenty One To Mirror Strategy Twenty One (XXI) is a new bitcoin-only company that will follow the Strategy (MSTR) playbook. Jack Mallers, currently CEO of Strike, will be the CEO of the new company, and Jack will be the CEO of both companies simultaneously. The...

Bitcoin Consolidation Last week, bitcoin was relatively flat compared to equities and gold. While that was positive from an equity perspective (equities continued their downward trajectory), it was disappointing that bitcoin wasn't following the upward trajectory of...

Bitcoin Decouples From Markets Last week, bitcoin closed at $82k on Monday and ended the day at $83k on Friday. The vast majority of stocks and commodities in the markets last week was in a liquidation event not seen since the pandemic. While bitcoin and markets tend...

Bitcoin Ends The Week On A Low Last week, the Bitcoin market experienced a rollercoaster of activity, reflecting the broader volatility of the financial sector. The week began positively, with Bitcoin climbing to a peak of $88,800. However, this optimism was...

Strategic Bitcoin Reserve Now Reality The U.S. Strategic Bitcoin Reserve was confirmed last Thursday by executive order and will be capitalised by Bitcoin ONLY on behalf of the U.S. Federal Government. With the U.S. Federal Government's seal of approval, Bitcoin's...

Where next for the price of bitcoin? There is no shortage of views and predictions on what the price of bitcoin will do next. However, rather than relying on the “gurus,” investors should form their own opinions, and the best starting point is to look at the data. A...

Bitcoin is in a period of chop consolidation. Some commentators point to the fact that bitcoin is only 40% above the previous cycle's all-time high, which suggests that bitcoin has failed to deliver on expectations. They have expectations of what the bitcoin price...