Senator Cynthia Lummis says funding for the US Bitcoin Reserve can begin now. She posted the update on X on Monday. She cited a legislative “slog” slowing the SBR process.
UAE’s Digital Dirham and crypto moves win IMF applause
The IMF just walked into the UAE’s monetary living room and gave a thumbs-up to their shiny new Digital Dirham project.
USDT, hyperinflation, and Venezuela’s crypto coup
Once upon a time in Venezuela, where the bolívar’s value drops faster than your Wi-Fi signal during a Zoom call, something remarkable happened.
Elon Musk Sets Two-Week Countdown for Grokipedia Beta Launch
Elon Musk said his AI company xAI will release the first beta version of Grokipedia in two weeks.
Bitcoin’s $124K Breakout Reinforces Institutional Confidence
Bitcoin’s climb above $124,000, fueled by $3.2 billion in spot ETF inflows, underscores deepening institutional conviction and a maturing market narrative that increasingly views BTC as a premier store of value amid global economic uncertainty.
The magnitude of these inflows signals expanding mainstream adoption and renewed investor confidence, creating a risk-on environment that could spill over into altcoins.
We expect Bitcoin to sustain its upward trajectory in the near term, potentially testing $130,000 if ETF momentum continues to build.
Ethereum is also poised for a rebound toward $4,800–$5,000, supported by Bitcoin’s strength and mounting anticipation around upcoming layer-2 upgrades.
This rally highlights the sector’s resilience and the accelerating integration of crypto into traditional portfolios.
As institutional participation deepens and technical innovation advances, diversified positioning across major assets remains key to capturing long-term ecosystem growth.
Ryan Lee, Chief Analyst at Bitget
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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Brutal math: S&P 500 trails Bitcoin by 88% since 2020
The S&P 500 has surged in dollar terms since 2020. Yet the S&P 500 fell about 88% when measured in Bitcoin. This frames a stark S&P 500 vs Bitcoin gap.
India will say okay to stablecoins?
Digital money is running the show now, and stablecoins, the crypto cousins tied tightly to good old traditional assets like the US dollar, are stealing the spotlight.
