Bitcoin Magazine UAE’s Security General Hails BTC as a ‘Key Pillar in Future Finance’ at Bitcoin MENA Conference At the ongoing Bitcoin MENA conference, UAE officials highlighted the nation’s strategic embrace of Bitcoin as a core component of the future financial system.  In a speech at Bitcoin MENA, Mohammed Al Shamsi, representing UAE National Security, […]

Bitcoin Magazine Bitcoin Price Briefly Surges Past $92,000 As ‘Bitcoin Breaks 4-Year Cycle’   The bitcoin price climbed above $92,000 over the weekend, off of lows near $88,000. The bitcoin price reached $92,203 at its seven-day high. Bernstein analysts argue that recent price movements signal a structural shift in Bitcoin’s market cycle. In a note to

Bitcoin Magazine Strategy ($MSTR) Buys Nearly $1 Billion Worth of Bitcoin Strategy, the largest publicly traded holder of bitcoin, said it acquired 10,624 BTC last week for about $962.7 million, returning to a scale of purchases not seen since mid-year as market volatility steadied. The company paid an average price of $90,615 per bitcoin during

Bitcoin Magazine Vivek Ramaswamy’s Strive Urges MSCI to Rethink Bitcoin Index Exclusion Strive Asset Management is pushing back against MSCI’s latest proposal. The index provider suggested removing companies with bitcoin holdings over 50% of total assets from major equity benchmarks. In a letter to MSCI CEO Henry Fernandez, Strive warned the plan could create uneven

Bitcoin Magazine Bitcoin Price Craters to $88,000, But JPMorgan Maintains $170,000 Target Bitcoin price plunged to $88,000s on Friday, down over 4% in the past 24 hours. The cryptocurrency is trading near its seven-day low of $88,091, and about 4% below its seven-day high of $92,805.  The global market capitalization for Bitcoin now stands at

Bitcoin Magazine Why The Bitcoin Bear Market Is Almost Finished Bitcoin has struggled to maintain a sustained correlation with Gold, recently only moving in unison during market downturns. However, examining Bitcoin’s price action through the lens of Gold rather than USD reveals a more complete picture of the current market cycle. By measuring Bitcoin’s true

Bitcoin Magazine Bitcoin Treasury Twenty One Capital to Start Trading on NYSE Next Week With $4 Billion BTC Treasury Bitcoin treasury firm Twenty One Capital will start trading on the New York Stock Exchange on December 9. The company will use the ticker symbol XXI. Twenty One Capital is the result of a merger with

Bitcoin Magazine Italy Launches Review of Crypto Safeguards Due to Rising Risks Italy’s Economy Ministry has ordered a detailed review of current protections against crypto risks, officials said on Thursday.  The review will focus on safeguards for both direct and indirect investments in crypto-assets by retail investors, regulators added. The decision came during a meeting

Bitcoin Magazine 2012 Video Resurfaces of Coinbase CEO Brian Armstrong Pitching What Became America’s Largest Bitcoin Exchange A video has surfaced showing Coinbase CEO Brian Armstrong rehearsing a pitch in 2012, years before the company became the largest Bitcoin exchange in the U.S. In the recording, Armstrong lays out a simple argument: Bitcoin is a

Bitcoin Magazine Jack Mallers’ Twenty One Capital Wins Approval for CEP Merger, Poised for Public Debut on Nasdaq Twenty One Capital, Inc. (“Twenty One”) led by CEO Jack Mallers and Cantor Equity Partners, Inc. (“CEP”) announced on the 3rd of December that their shareholders approved the combination of the two businesses, meaning that Twenty One