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Despite having called Bitcoin BTC +0.59% an "immature asset class" that is inappropriate for long-term investors, Vanguard Group has become the largest shareholder in Strategy, according to a report from Bloomberg. Through its funds, the $10-trillion money manager owns 20 million Strategy shares or 8% of the outstanding common stock, according to a Bloomberg chart. Vanguard most likely passed Capital Group Cos. to become the top shareholder of Strategy shares during the fourth quarter, the report said. Strategy (ticker MSTR), formerly known as MicroStrategy, has become a proxy bet for Bitcoin as the company's chief business proposition has been acquiring...

People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My opinion has been unpopular, and clients have walked away due to my stance on crypto. That’s fine, as I am not in this for the money. I can only adequately inform my clients of the unbiased truth and hope that those willing to listen will...

At Bitcoin 2025, economist and author Saifedean Ammous laid out a bold vision for the future of global finance, asserting that Bitcoin - not the U.S. dollar - will anchor tomorrow’s economy, with Tether as the bridge...Saifedean Ammous, CEO of Saifedean.com and author of The Bitcoin Standard, delivered a data-driven keynote at the Bitcoin 2025 Conference, warning of inevitable U.S. dollar decline and positioning Bitcoin as the only rational hedge.“Default, devaluation, or default by devaluation are inevitable,” Ammous declared, adding pointedly, “Tether can’t fix what a century of fiat democracy ruined.”Using projections and flow charts, Ammous argued that Tether’s Bitcoin...

Bitcoin erased most of its gains after briefly setting a new record price...Earlier, Bitcoin rose about 3% to $109,857, surpassing its January record...Since the beginning of the year, the number of Bitcoin held by public companies has grown 31% to about $349 billion...15% of the total Bitcoin supply.

The U.S. Federal Reserve just pulled off something stealthy — over four days last week, without fanfare, the Fed vacuumed up $43.6 billion in U.S. Treasurys. That’s $8.8 billion in long-dated 30-year bonds on May 8 alone, plus another $34.8 billion earlier in the week. Not exactly small change. Quietly returning to the quantitative-easing trough isn’t standard Fed housekeeping — it’s like a bank robber returning to the scene because he forgot his car keys. Let’s talk straight: This isn’t tightening. It’s stealth easing. It’s monetary policy on tiptoes. Some traders have begun to notice, and smart investors should too....

Bitcoin rose on Friday after China retaliated against President Donald Trump’s tariffs, while stocks continued to crater following their worst day since 2020. The price of the flagship cryptocurrency rose more than 2% to $83,959.19, according to Coin Metrics. Earlier, it rose as much as $84,717.51. Most of the major cryptocurrencies were also in the green Friday. Solana and dogecoin jumped about 6% each. Most crypto-related stocks fell again, however, with Coinbase down about 6%. The bitcoin proxy MicroStrategy advanced nearly 4%. Meanwhile, spot gold fell 2.4% to $3,037.30 an ounce, while U.S. gold futures were down 2.05% at $3,057.90....

I own a small amount of crypto assets in my portfolio, so I am not against this asset class per se. I do object to the federal government starting their own reserve fund. Crypto is a relatively new asset and we are still in the beginning stages of exploring how it works as an asset for investing. We have already determined that it does not work as a currency in the U.S. The primary reason is that you must declare capital gains or losses with each transaction. The government should not pick winners and losers. Right now, the Trump administration...

President Donald Trump announced on Truth Social on Sunday that he had directed his crypto working group to “move forward” with establishing a Crypto Strategic Reserve, which would include Bitcoin, Ethereum, XRP, Solana, and Cardano. The announcement triggered a major rally in the cryptocurrency market. Bitcoin initially surged from around $85,000 to nearly $95,000 before stabilizing at approximately $93,000. Cardano and XRP also saw substantial gains, rising about 40% and 16%, respectively. Bitcoin at $500k? Standard Chartered’s Head of Digital Asset Research, Geoff Kendrick, noted the sharp fluctuations and reaffirmed his long-term bullish outlook on Bitcoin. He maintained his $500,000...

Benny Johnson @bennyjohnson BREAKING: President Trump just announced the creation of a U.S. Crypto Reserve.

The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin. European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro,” a central bank digital currency (CBDC) under development by the European Central Bank (ECB). Knafo, a French magistrate and a member of the European Parliament since June, delivered a pro-Bitcoin speech calling on European lawmakers to launch a strategic BTC reserve. “No to the digital euro, yes to a strategic Bitcoin reserve,” Knafo said in an...

QUESTION: Mr. Armstrong, I just had to write in to say thank you for explaining that Bitcoin was just a trading asset, not some new currency that would replace the dollar. I understand that money must be elastic to grow with society in economic booms and population. I just read a quote reported by Bloomberg: “After four years of political purgatory, Bitcoin and the entire digital-asset ecosystem are on the brink of entering the financial mainstream.” I know a programmer who said you were correct that the Deep State created blockchain. Has this recent rise been orchestrated to get us...

Since my wife is out of town and I am alone, I wanted to share this with someone. Opened a bottle of 18 year old. Just a sip in celebration.

$98,530 at this writing.

At 17:01 in the video, a historic moment is approaching on this late afternoon Veteran's Day in the world of finance. Bitcoin (BTC) has a sort of trading desk or OVER THE COUNTER desk (OTC) where it bought and sold. There is approximatley 70,000 BTC left on the exchanges. In the next few weeks the SUCKING SOUND YOU'VE BEEN HEARING was not the collective cry of the DNC but rather it is acquisition scramble by the ETFs and Banks. Once the OTC desk BTC is gone these companies will need to find it buy it. They will be scouring the...

Donald Trump’s views of the cryptocurrency industry have shifted markedly in recognition of the emergence of that sector as a major player in the world of campaign finance.In 2021, Trump was an outspoken critic of digital currencies, telling Newsmax, “I’m not a fan of bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”That same year, Trump told Fox Business that crypto was a “disaster waiting to happen” and that the United States should “regulate very, very high.”This year, he has done an about-face. At a June 27 Bitcoin conference in...

Both Gold and Bitcoin are holding above key resistance levels in After Hours trading.

https://t.me/beholdisraelchannel/36952 From a Biblical perspective—- what say you?

Japan down 12.4%. No Japan trades for the last 10 minutes. South Korea halted trading. Now trading resumed, at down 9.6%.

@saylor We now have a bill to establish the United States Bitcoin Reserve, stored in a Digital Fort Knox.