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News
Nasdaq Bets $100 Million on Kraken Parent for Tokenized Stocks – Bitbo
3+ day, 20+ hour ago (227+ words) Nasdaq said on Thursday that its venture arm has agreed to invest $100 million in Payward, the parent company of cryptocurrency exchange Kraken. The money extends a partnership the two firms announced in March, when Nasdaq said it would work with…...
Lummis Warns Crypto Market Bill May Stall Until 2030 – Bitbo
5+ day, 9+ hour ago (259+ words) Sen. Cynthia Lummis says the window for passing U.S. crypto market-structure legislation is closing, and that if this Congress misses it, the next realistic chance may not arrive until 2030. Speaking on September 6, 2026, the Wyoming Republican tied inaction to lost jobs, lost…...
Strive Buys 1,375 Bitcoin at $79,281 as Stash Nears $2 Billion – Bitbo
6+ day, 2+ hour ago (234+ words) Strive disclosed another bitcoin purchase on Monday, buying 1,375 BTC for $109 million at an average price of $79,281 per coin. The company has stuck to the habit of announcing its purchases on the first business day of the week, the same cadence…...
Pantera's Morehead Calls Bessent Bond Buyback a 'Bluff' – Bitbo
1+ week, 5+ day ago (312+ words) Pantera Capital founder Dan Morehead said the US Treasury’s expanded bond buyback plan backfired, and that bitcoin’s 26% August rally was a direct result. Speaking on Bloomberg Crypto, Morehead argued investors saw through Treasury Secretary Scott Bessent’s move almost immediately. On…...
Strive Adds 1,800 BTC in $143M Purchase, Nears 24K Total
2+ week, 2+ hour ago (157+ words) Strive, the asset management firm co-founded by Vivek Ramaswamy, purchased 1,800 bitcoin between August 24 and 28 for approximately $143 million. The company paid an average price of roughly $79,400 per coin, including fees and expenses. The latest acquisition brings Strive’s total bitcoin holdings to…...
Bitcoin Slips Below $80K as Gold Cools on Falling Yields – Bitbo
2+ week, 5+ day ago (311+ words) Bitcoin dropped below $80,000 during Tuesday’s Wall Street open after briefly touching 14-week highs of $81,265, as both crypto and gold retreated while US stocks posted modest gains. BTC/USD fell as low as $78,111 on Bitstamp, with the $80,000 zone proving difficult to…...
Treasury Eyes $950B Cash Reserve to Fund Bond Buybacks – Bitbo
2+ week, 6+ day ago (267+ words) The U.S. Treasury Department is signaling it could deploy its nearly $1 trillion cash reserve at the Federal Reserve to fund an expanded campaign of buying back longer-term government bonds, according to senior Treasury officials. The move would represent a significant escalation…...
Tether's $120M Bitcoin Mining Venture in Uruguay Falls Apart
3+ week, 9+ hour ago (330+ words) Tether’s plan to build a bitcoin mining foothold in Uruguay has unraveled after a disagreement with the country’s state-run power utility over electricity supply, according to a Reuters investigation. The stablecoin issuer invested roughly $120 million across two mining sites in…...
Ray Dalio Warns of US Debt Crisis, Recommends Gold and Bitcoin
3+ week, 1+ day ago (281+ words) Bridgewater Associates founder Ray Dalio said Treasury Secretary Scott Bessent’s plan to increase government debt buybacks is part of a broader pattern that could signal a looming US debt crisis. Dalio recommended investors reduce their exposure to bonds and instead…...
Bitcoin Surges as Trump Hints at Government Buying More BTC – Bitbo
3+ week, 4+ day ago (317+ words) Bitcoin surged past a six-week trading range after President Donald Trump hinted the U.S. government may buy more bitcoin and urged Congress to pass the Clarity Act, a crypto market structure bill now headed for a September vote. When asked at…...