Bitcoin climbed above $119,000 on Thursday, bucking a broader market downturn as investors sought safety following the U.S. government's shutdown. Bitcoin traded at highs of $119, 890 in morning trading, even as Wall Street stocks slid on political dysfunction in Washington. Lawmakers failed to secure enough votes late Tuesday to keep the government funded, triggering a shutdown at midnight. The standoff pits Democrats, led by Senate Majority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries,
In any case, investors seeking higher-risk, higher-upside investments may be looking at Bitcoin and XRP ( CRYPTO:XRP) as opportunities to put a bit of new money to work. Undoubtedly, the latter has been more explosive in recent years, rising 474% in the past two years and more than 1,089% in five years. Meanwhile, Bitcoin has trailed behind with a gain of over 330% and 1,011%, respectively, over the last two and five years.
We've heard some pretty outrageous longer-term price targets on Bitcoin ( CRYPTO:BTC) and other cryptocurrencies (think Ethereum) in recent years. And while it seems absurd to envision a single Bitcoin going for $1 million one day, let's just say anything is possible in the wild world of crypto. In any case, Bitcoin goes for just north of $114,000 today, so a run to the million-dollar mark would entail just shy of a 900% rise from current levels.
In a wide-ranging conversation with Bitcoin Magazine, the Strategy co-founder sketched out an "endgame" where his firm builds a trillion-dollar bitcoin balance sheet - and then uses that capital base to help reinvent the global credit system. "I think the endgame is we accumulate a trillion dollars worth of bitcoin and then we grow it 20, 30% a year," Saylor told Bitcoin for Corporations Managing Director George Mekhail. "The endgame is get to a trillion dollars of collateral growing 30% a year" At the core of Saylor's vision is scale. He believes Strategy - and other Bitcoin treasury companies likely to follow - can ultimately accumulate a trillion dollars worth of BTC.
Capital One sent me a letter in the middle of the night stripping 300 bank accounts from [our properties] for doing absolutely nothing wrong." Trump told Payne that he met people in the crypto space and realized how brilliant they were and how "antiquated modern finance" had become. Trump painted a picture of traditional banking as slow and cumbersome and how crypto could speed up financial interactions.
The acquisition seems to be a part of a deliberate strategy to diversify Tether's reserves into "hard assets" such as bitcoin, gold, and even agriculture. Earlier this year, the company disclosed it held over 100,000 BTC alongside 50 tons of gold, while also investing in XXI, a bitcoin treasury firm, through transfers exceeding 15,000 BTC in June and July. Tether has not made any official announcement regarding this transaction. Presumably this transaction is a purchase, but it could be a transfer for another purpose.
YoungHoon Kim, a South Korean figure who calls himself the "world's highest IQ record holder," says he has converted all of his assets into bitcoin. Kim also predicted that bitcoin will grow at least 100-fold within the next decade, eventually becoming the world's "ultimate reserve asset." He shared a photo of himself meeting Matt Prusak, president of American Bitcoin, a firm tied to the Trump family.
Bitcoin surged past $114,000 on Monday, extending a rally that has defied its usual September weakness. The move comes after bitcoin briefly tested support near $107,000 earlier this month, only to rebound over the course of the month. The gain marks bitcoin's strongest September since 2012, with prices up roughly 8% on the month. Technical traders note that BTC has broken out of a descending wedge formation on the short-term charts
The Genius Act, passed in July 2025, signals a bold U.S. strategy to counter this by legalizing Treasury-backed stablecoins, unlocking billions in foreign demand for U.S. bonds. The blockchain hosting these stablecoins will shape the global economy for decades. Bitcoin, with its unmatched decentralization, Lightning Network privacy, and robust security, emerges as the superior choice to power this digital dollar revolution, ensuring low switching costs when fiat inevitably fades.
The YieldMax MSTR Option Income Strategy ETF ( NYSEARCA:MSTY) has been moving steadily lower over the months. With shares now going for $15 and change per share, many investors are wondering if it's worth it to keep buying on the way down to lower that average cost basis or if it's better to just hang on for the ride. In a specific case I stumbled upon on Reddit, a poster asked if they're the only person out there that's continuing to buy on the way down. Of course, this person may feel alone in buying MSTY shares into weakness, but they're not. Many folks on Reddit are just content with hanging on and collecting that massive distribution payout that continues to be quite towering to this day at just north of 92%.
On-chain data shows that whales holding more than one hundred bitcoin have recently begun transferring large amounts after years of inactivity. These movements have historically lined up with cycle tops or periods of heightened BTC volatility. This suggests that some of Bitcoin's longest-term holders are realizing profits or rotating positions. The current wave of transfers is significant but smaller relative to total circulating supply than what was seen in prior peaks.
Fold, a Bitcoin-first financial services company, announced today that it is tapping Stripe and Visa to power its forthcoming Fold Bitcoin Credit Card™, a product designed to make Bitcoin accumulation as simple as swiping a card. The partnership pairs Stripe's infrastructure with Visa's global payments network, combining scale, reliability, and security with a rewards system denominated entirely in Bitcoin.
Cryptocurrency traders saw more than $1.5 billion in bullish wagers liquidated on Monday, triggering a sharp selloff that hit smaller tokens hardest. Ether slumped as much as 9% to $4,075 as nearly half a billion dollars of leveraged long positions in the second-largest token were liquidated, according to data from Coinglass. Bitcoin declined 3% to $111,998 at one point. Coins like Solana, Algorand and Avalanche also slipped.
I agree with Berners-Lee's diagnosis. But regulation is not the cure. The web's decline is not merely a design failure; it is also an economic one. Design choices follow incentives, and those incentives have been distorted by fiat money and the advertising model it props up. Cheap credit from the fiat-fuelled venture capital system pushed Silicon Valley away from hacker-led engineering and toward surveillance-driven profit extraction.
From a low-key, circular podium in the middle of a lavish New York City event hall, Strategy executive chairman Michael Saylor took the mic and opened the Bitcoin Treasuries Unconference event. He joked awkwardly about the orange ties, dresses, caps and other merch to the (mostly male) audience of who's-who in the bitcoin treasury company world. Once he got onto the regular beat, it was much of the same: calm and relaxed,
Behind every fiat money used in exchange lies a unit of account defined by a monetary standard [which is] underwritten by credible claims to future surpluses monetized by the government and/or the commercial banking system. [...] Claims of a 'Bitcoin standard' or anything like it are completely indefensible" (p. 28).
Fundstrat's Tom Lee has pretty high hopes for the asset, with the belief that the leading cryptocurrency can top $200,000 before the end of the year. Indeed, such a move would imply north of 70% gains in three and a half months. Though there are several factors that could power such a sudden leg higher, I certainly wouldn't punch my ticket to Bitcoin with such high expectations.
Michael Saylor transformed MicroStrategy from a business intelligence firm into the world's largest corporate Bitcoin holder. Saylor's conviction redefined corporate strategy, turning volatility into opportunity through long-term, dollar-cost averaging purchases. His approach set the standard for institutional Bitcoin adoption despite concerns over dilution and debt. Saylor's playbook highlights research, perseverance, risk control and long-term thinking in Bitcoin investing. In August 2020, Michael Saylor transformed from a technology executive into a symbol of corporate crypto adoption.
Bitcoin was stable above USD 114,000 on Thursday, and is consolidating after Wednesday's advance was sparked by a surprise decline in US producer prices. The PPI fell 0.1% in August, its first drop in four months, reinforcing expectations of easing inflationary pressures. Attention now turns to the CPI data due later today, with markets braced for a reading of 0.3%. A softer outcome could fuel speculation of a higher probability for a 50bp rate cut at the Fed's meeting later this month, providing a further boost to risky assets.
The bitcoin price has left many investors puzzled in recent weeks. Despite significant accumulation by institutions and treasury companies, the bitcoin price has remained stuck in sideways action. Is this the result of "paper Bitcoin," or are we simply witnessing the push and pull of supply and demand? In my latest video analysis, Paper Bitcoin Ruining The Bitcoin Bull Market, I dig into on-chain data, treasury holdings, and derivatives activity to separate fact from conspiracy and explain what's really driving the bitcoin price.
"For too long, investing in Bitcoin has felt like an exclusive club, out of reach for the general public with very high transaction costs," Haji-Ioannou told in an interview. "This isn't just about technology; it's about financial empowerment and making Bitcoin a practical investment option for all."
The YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) has been a falling knife of sorts so far this year, now with a year-to-date loss of 44%. Undoubtedly, the stock chart doesn't look all too great, but with one of the largest distribution rates out there, currently sitting just over 92%, some brave dip-buyers who buy into the strategy may wish to keep on buying up the shares as prices continue to sink lower.
When Arianna Simpson was 22 years old, she plowed her savings into Bitcoin. She had left her college job and traveled with a friend through Zimbabwe, witnessing firsthand the consequences of hyperinflation. When she returned, she became enamored with the idea of crypto as a potential salve. Aside from investing the contents of her bank account, Simpson started a blockchain lunch meetup at her next post, Facebook. She wrote a blog post on multisignature wallets that landed her a job at the infrastructure startup BitGo,
Bitcoin is a financial tool born of code and cryptography. But seen in a wider frame, it belongs to a cultural lineage more than a century old. Since the 1910s, avant-garde movements have probed questions that later became central to Bitcoin: Who decides value? Can rules replace rulers? How do systems record time, distribute trust or resist authority? Far from appearing out of nowhere in 2009, Bitcoin crystallized ideas that had long circulated in artistic experiments.
Adam Curry is the modern-day Prometheus. His discovery of podcasting and sharing it with the world was as significant of a development as when Prometheus stole fire from the gods to give to humans. Podcasting has quickly evolved into one of the most popular ways to communicate valuable information, completely disintermediating the CIA-controlled media apparatus. While Bitcoin seeks to separate money and state, podcasting seeks to separate syndicated news organizations and information.
On the contrary, Bitcoin, being a scarce asset, which tends to appreciate over time by cyclically cutting its issuance until the maximum limit of 21 million, is proving to reduce the time preference. As it appreciates over time, small savings in the present can generate significant future benefits, thus increasing the propensity to save and plan for the future. This simple fact has profound implications at a social level, because it reflects in greater investment in education, deeper human relationships or greater care for the environment.
Bitcoin eased back toward USD 110,000 on Thursday, pausing after three strong sessions supported by heavy ETF inflows. US spot funds added USD 300 million on Wednesday following USD 330 million the previous day. Market liquidations over 24 hours were balanced, reflecting cautious positioning ahead of US labour market data. Today's ADP report is expected to show a 65,000 increase in jobs, down sharply from 104,000 last month, following weaker JOLTs data earlier in the week.
Strategy has acquired an additional 4,048 Bitcoin worth approximately $449.3 million at an average Bitcoin price of $110,981 per BTC, according to a Form 8-K filed with the SEC on September 2, 2025. The company's total Bitcoin holdings now stand at 636,505 BTC, purchased at an aggregate price of $46.95 billion. The latest purchase was funded through multiple at-the-market (ATM) offering programs, including proceeds from the company's STRF, STRK, STRD, and MSTR ATMs.
It's been a banner year, so far, for cryptocurrency enthusiasts worldwide. Bitcoin ( CRYPTO:BTC), the world's most popular cryptocurrency, touched an all-time high of $124,457.12 in mid-August before pulling back to around $110,000 in the month's final trading days. With that, Bitcoin was up by 20% (give or take a few percentage points) at the end of August. That's an impressive year-to-date performance, and some commentators are bracing for even higher Bitcoin prices.
Cryptocurrency traders have observed activity this week from a Bitcoin "whale" - someone holding a huge position in a given coin - that on its own might be enough to move markets. When a whale moves their assets around, the size of the trade can send a coin up or down and spook onlookers, who might be inclined to follow suit.
"There's no question bitcoin hits $1 million," Eric Trump declared during a panel discussion with David Bailey, citing surging institutional demand and its limited supply as key drivers for the astronomical price target. The Bitcoin price currently trades around $110,000, having risen 18% this year, but still remains well below Trump's ambitious forecast. Eric Trump's appearance at the two-day Hong Kong event, which attracted more than 20,000 attendees-triple last year's numbers-highlighted the growing global influence of the Bitcoin industry and the Trump family's deepening involvement in it.