In an interview with Cointelegraph, Forward Industries’ Kyle Samani explains why he raised $1 billion for a Solana treasury strategy and how he plans to bring global markets onchain.
Bitcoin trade revealed that BTC price action could be ready to follow gold to new all-time highs after bulls held onto early-week gains.
Strategy has slowed down its Bitcoin acquisition strategy with smaller buys this month, while the number of crypto millionaires grows closer to a quarter million.
Wall Street’s ETFs are domesticating Bitcoin into a fee machine, stripping away peer-to-peer ethos while concentrating power in custodial chokepoints.
From coders to CEOs, crypto careers span six-figure salaries to billion-dollar fortunes, shaped by the industry’s market cycles.
Strategy’s $22.1 million Bitcoin purchase brought the company’s total Bitcoin holdings to 640,031 BTC, acquired for about $47.35 billion.
Bitcoin and Ether ETPs suffered heavy outflows last week while Solana stood out with $291 million in inflows, likely driven by anticipation of US ETF launches.
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Introduced by a Republican lawmaker in February, the legislation may be unlikely to get any traction in the Massachusetts legislature, where Democrats hold a supermajority.
Bulls lift their short-term Bitcoin price target to $117,500 as BTC holds steady and several altcoins reclaim the pre-crash trading levels.