By Marco Piccolo David Bailey, the CEO of crypto media powerhouse BTC Inc. and a prominent crypto advisor to U.S. President Donald Trump, is preparing to shake up institutional Bitcoin investing. Bailey has reportedly secured $300 million to launch a new Bitcoin investment company named Nakamoto, according to a CNBC report. Trade Crypto on Kraken […]
Tag: CNBC
By Marco Piccolo Business intelligence firm Strategy has further solidified its position as the largest corporate holder of Bitcoin with a substantial purchase of 1,895 BTC, valued at approximately $180.3 million. This move, disclosed in a Monday filing with the U.S. Securities and Exchange Commission (SEC), underscores the firm’s continued aggressive accumulation strategy. Trade Crypto […]
By Marco Piccolo ARK Invest has significantly increased its bullish price target for Bitcoin, projecting a potential value of $2.4 million by 2030. The revised estimate, up 60% from its January 2024 outlook, stems from updated modeling that adjusts for active supply—excluding long-lost or long-held coins. This new bull case implies a 72% compound annual […]