Ethereum touched the skies. Yesterday, $ETH hit $4,953, a brand-new all-time high. The second-largest crypto by market cap is now closing in on the big $5,000 mark. Ethereum Is Outperforming & Beating Bitcoin “Ethereum is showing a stronger picture compared to BTC recently. The rise in CME OI and the fact that retail has not yet joined suggest that this difference may continue in the short to medium term.” – By @cryptometugce pic.twitter.com/8gsClmpRzl — CryptoQuant.com (@cryptoquant_com) August 25, 2025 But the rest of the market? A bloodbath. The crypto market fell 3% in the past 24 hours. That slide wiped out $807 million in liquidations. A brutal $642 million came from long positions alone. Most major altcoins sank 4–6%. Quick numbers: $BTC: $111,347 ▼ -3.02% $ETH: $4,548 ▼ -3.61% Ethereum still looks stronger than Bitcoin. Ethereum vs Bitcoin: The Big Shift Ethereum is beating Bitcoin across multiple fronts. Analysts point to rising CME Open Interest on ETH contracts. Retail traders haven’t even piled in yet. That suggests ETH’s outperformance could continue in the short to medium term. The blockchain data backs this up. Last week, active Ethereum addresses hit 3.8 million. Yes, that’s down from the early August peak. But activity remains way above previous bull cycles. Ethereum’s network stays busy even when the broader market cools. Institutional players are loading up. Bitmine just added 190,000 $ETH last week. Their total stash? 1.71 million Ethereum. That’s massive. Tom Lee from Bitmine explains: “At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock.” Numbers don’t lie. NAV at Bitmine was $22.84 in July. Now? $39.84. That’s nearly doubled in just months. And there’s more coming. Every sell-off gives treasuries cheaper ETH to scoop up. They’re not slowing down. ETH hitting new highs is one thing. Treasuries grabbing 5% of supply and staking it? That’s another level of bullishness. Analysts say that would create strong risk-reward setups for investors looking at Ethereum’s next run. Right now, ETH treasuries are gaining momentum fast. As one trader put it: “If Ethereum keeps outperforming, these asset classes are going to capitalize on the momentum. It’s incredible to see this space unfold.” The number of active Ethereum addresses reached 3.8 million last week. Although a continued decline from the early-August peak, activity remains well above levels seen during previous bull markets. pic.twitter.com/kUdWkAoNmJ — Sentora (previously IntoTheBlock) (@SentoraHQ) August 25, 2025 Ethereum’s fundamentals and institutional demand seem to be feeding off each other. $5,000 in Sight For Ethereum With ETH already brushing against $5,000, traders see the next breakout as inevitable if momentum holds. Short-term pullbacks? Treasuries and whales are buying them all. The current dip gave big players a discount window. Retail hasn’t even fully stepped in yet, another bullish sign. $BMNR Bitmine now holds 1.71M Ethereum after adding 190K $ETH last week. Tom Lee: "At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock." NAV was $22.84 in July, now is $39.84.… pic.twitter.com/n0yQfSumpl — amit (@amitisinvesting) August 25, 2025 For now, Ethereum’s price action, on-chain activity, and institutional accumulation are setting it apart from Bitcoin. Ethereum now sits at the center of the crypto conversation. Bitcoin remains the king by market cap. But Ethereum? It’s showing the stronger chart, the busier network, and the deeper institutional interest. The road to $5,000 might see more volatility. More dips. More liquidations. But if history and the current data rhyme, Ethereum could be leading the market into its next big chapter. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Gemini has rolled out a new XRP -branded version of its Gemini Credit Card®, issued by WebBank and powered by Mastercard’s World Elite program. The “Gemini Credit Card, XRP Edition” is designed for XRP enthusiasts, offering up to 4% back in XRP on purchases. In a post on X, Gemini described the launch: “Meet the Gemini Credit Card, XRP edition. Designed for enthusiasts, this limited edition metal card gives up to 4% back in XRP instantly. No waiting, just stacking.” Meet the Gemini Credit Card, XRP edition. Designed for enthusiasts, this limited edition metal card gives up to 4% back in XRP instantly. No waiting, just stacking. Available now 👀 pic.twitter.com/KU1bX7NvDS — Gemini (@Gemini) August 25, 2025 Rewards are automatically deposited into users’ Gemini accounts and can be converted into XRP or swapped for other cryptocurrencies . XRP credit card Mastercard’s World Elite framework ensures standard protections including purchase monitoring, fraud protection, and zero liability for unauthorized charges. While Mastercard branding features prominently on the card, it is not an official standalone Mastercard XRP launch; instead, the card is part of Gemini’s expanding suite of crypto rewards products that run on Mastercard’s network. The post XRP credit card powered by Mastercard launches appeared first on Finbold .
Bitcoin’s brief post-Jackson Hole rally collapsed after a major wallet offloaded 24,000 BTC, triggering a $500 million liquidation cascade. Meanwhile, ether outperformed as institutional flows rotated into ETH. Bitcoin Loses Ground to Ethereum After Jackson Hole Shock The momentum generated on bitcoin’s spot price movement stalled sharply over the weekend after a legacy holder reportedly
$OKB is trading at $184 after an 11.8% pullback, yet remains dramatically elevated following its historic 177% weekly explosion. While regulatory clouds linger and technicals show consolidation, the fundamental landscape has permanently shifted. With supply now permanently capped and utility expanding through X Layer integration, this pullback may represent a new foundation rather than a breakdown only if buyers defend key levels. Source: CoinMarketCap OKB ($OKB): Token Burn, X Layer Upgrade, and the Road Ahead In mid-August, OKX permanently burned 65 million $OKB tokens , removing them from its reserve and reducing the circulating supply. This fixes the total supply at 21 million tokens. This scarcity-driven move triggered a sharp rally, sending $OKB to an intraday high of above $243 on August 21. Alongside the burn, OKX launched X Layer , a zkEVM-based blockchain capable of 5,000 transactions per second with near-zero fees. Over 90% of $OKB tokens migrated to X Layer, consolidating liquidity and utility. As the exclusive gas token, $OKB now powers OKX’s ecosystem, including Wallet, Exchange, and Pay, strengthening its role in both DeFi and real-world applications. 90%+ of $OKB has successfully transitioned to its new home on X Layer from the Ethereum L1. One token. One chain. 21M fixed supply. $OKB is the native gas token driving The New Money Chain. pic.twitter.com/1BGtkJXLOs — X Layer (@XLayerOfficial) August 19, 2025 Significant changes are ahead, as OKX plans to retire the OKTChain blockchain entirely by January 1, 2026, migrating OKT holders to the X Layer network. Users can swap $OKT for $OKB at a fixed rate through the end of 2025. Beyond technical upgrades, OKX aims to deepen its presence in regulated European markets such as Germany and Poland and is exploring a potential U.S. IPO, underscoring ambitions for institutional adoption. True builders know crypto is a marathon, not a sprint. X Layer is built for the long run — and so are we. That’s why we’re launching a $100M X Layer Ecosystem Fund to support global builders shaping the next wave of onchain applications. If you have long-term vision and real… https://t.co/xjGWIVSxDy — Star (@star_okx) August 24, 2025 OKX announced a $100 million X Layer Ecosystem Fund, which will provide grants for projects in payment solutions, liquidity infrastructure, and cross-chain interoperability. This strategic move is to increase adoption. OKX is positioning X Layer as a competitive hub for innovation by incentivizing developers in both DeFi and real-world assets. $OKB Pullback Tests 20 SMA: Bulls Look for Momentum Reclaim Around $185 After a remarkable rally that propelled $OKB toward $240, the token has entered a controlled pullback phase, now hovering around $185. This phase brings technical clarity, particularly through the lens of its key moving averages. The 20-period SMA (green line), currently sitting just below the asset’s price at around $200, acted as a pivotal support throughout the breakout phase but is now showing signs of soft rejection. $OKB/USDT price chart, August 25 (Source: TradingView) $OKB’s price dipped below this level earlier in the week and has since struggled to reclaim it convincingly. This short-term moving average now serves as a dynamic resistance, a common theme during early stages of retracements when momentum begins to slow down. Meanwhile, the 50-SMA (pink line) at $170 is becoming increasingly relevant. Its upward slope confirms that the broader mid-term trend direction remains intact, despite recent selling pressure. This SMA level aligns closely with a key support zone that was established during the consolidation that preceded the explosive breakout—providing bulls with a technical anchor if the correction deepens. $OKB’s volume activity paints a quieter picture, with relative participation levels remaining subdued compared to last week’s price increase. That lack of decisive follow-through from either side suggests the market is still searching for a new catalyst. However, the volume footprint data reveals a consistent bid defense in the $175–$180 range, where buy-side deltas have started to firm up after earlier sessions of net selling. Momentum indicators are leaning neutral for now. The RSI has retraced to 46.52—well out of overbought territory, but not yet signaling bullish divergence. The MACD is still below the signal line, hinting at continued consolidation or even another leg lower before a stronger recovery setup emerges. $OKB’s short-term trajectory now hinges on how it reacts to the space between the 20 and 50 SMAs. A sweeping move back above $200 would shift the structure bullish again, while a further dip below $170 could trigger further downside. The post Will $OKB Hold $184 After Token Burn and X Layer Upgrade Despite Regulatory Challenges? appeared first on Cryptonews .
BitcoinWorld AI Regulation: Silicon Valley’s Dominant $100 Million Bid to Shape US Policy In the rapidly evolving digital landscape, the intersection of technology, finance, and politics has never been more pronounced. For those familiar with the cryptocurrency space, the concept of influential groups leveraging financial power to shape legislation is nothing new. Now, a similar, equally potent force is emerging from Silicon Valley, focusing its formidable resources on a new frontier: artificial intelligence. This time, the stakes are not just about digital assets, but the very future of how AI technology will be developed, governed, and integrated into our lives. A massive Silicon Valley AI investment is now targeting the political arena, aiming to influence upcoming midterm elections and ultimately, the trajectory of US AI policy . Understanding the Rise of Pro-AI PACs: ‘Leading the Future’ The tech world’s increasing political engagement is perhaps best exemplified by the emergence of powerful pro-AI PACs . At the forefront of this movement is a new super-PAC network, aptly named “Leading the Future.” This formidable entity is backed by some of the biggest names in Silicon Valley, including venture capital giant Andreessen Horowitz and OpenAI President Greg Brockman. Together, these influential figures are reportedly channeling more than $100 million into this network, signaling a serious commitment to shaping the political discourse around AI. The primary objective of “Leading the Future” is clear: to advocate for favorable AI regulation . This involves a multi-pronged approach, utilizing substantial campaign donations and targeted digital advertisements to support candidates who champion an environment conducive to AI development, while opposing those perceived as likely to stifle the industry with restrictive policies. The group’s formation highlights a growing concern within the tech sector about potential governmental overreach and the desire to proactively guide legislative outcomes. Why Silicon Valley Fears Stringent AI Regulation The substantial financial commitment from Silicon Valley leaders stems from a deeply held belief that excessive or fragmented AI regulation could severely impede progress. Earlier this year, Andreessen Horowitz and OpenAI were part of a concerted effort to implement a 10-year moratorium on states’ rights to create their own AI regulations. While this proposed ban was ultimately struck down, the underlying fear persists: a “patchwork of regulations” across different states and jurisdictions. Industry leaders argue that such a fragmented regulatory landscape would create immense compliance burdens, slow down research and development, and ultimately hinder AI innovation . The stakes, in their view, extend beyond mere business convenience. There’s a widely expressed concern that a stifled domestic AI industry could put the United States at a significant disadvantage in the global technology race, particularly against economic and technological rivals like China. The argument is that agile and permissive regulatory frameworks are essential for the U.S. to maintain its competitive edge and leadership in AI development. This perspective drives much of the lobbying efforts, aiming to secure a unified and industry-friendly US AI policy . Key Concerns Driving the Pro-AI Lobby: Slowing Innovation: A primary fear is that overly prescriptive rules could stifle the rapid pace of AI development, preventing breakthroughs. Competitive Disadvantage: Leaders worry that other nations, with less stringent regulations, could outpace the U.S. in AI capabilities. Regulatory Fragmentation: A “patchwork” of state-level rules is seen as an unmanageable burden for companies operating nationally. Uncertainty: A lack of clear, consistent guidelines can deter investment and long-term planning within the AI sector. Learning from the Crypto Playbook: The Fairshake Parallel “Leading the Future” is not operating in a vacuum; it draws inspiration from successful predecessors. Specifically, the group hopes to mirror the approach of the pro-crypto super-PAC network, Fairshake. Fairshake made headlines for its significant influence in past elections, demonstrating the potent impact that well-funded, strategically deployed political action committees can have on legislative outcomes and electoral victories. The explicit mention of Fairshake, which notably helped cement a victory for Donald Trump, underscores the ambition and strategic thinking behind this new AI lobbying effort. The crypto industry’s experience with regulation has been a tumultuous one, marked by calls for clearer guidelines and fears of stifling innovation. The success of groups like Fairshake in navigating and influencing this landscape provides a compelling blueprint for AI advocates. By adopting similar tactics — large-scale campaign funding, targeted digital campaigns, and direct advocacy — pro-AI PACs aim to establish a strong, unified voice for the AI industry in Washington, D.C., and beyond. This parallel highlights a growing trend where tech sectors, once primarily focused on product development, are now investing heavily in shaping the political environment that governs their operations. Architects of Influence: Key Players and Their Vision for US AI Policy The individuals and entities behind this substantial Silicon Valley AI investment are not just wealthy donors; they are central figures in the AI and broader tech ecosystem. Andreessen Horowitz, a prominent venture capital firm, has been a long-time proponent of “techno-optimism,” advocating for minimal regulatory hurdles to allow technological progress to flourish. Their involvement signifies a deep-seated belief in the transformative power of AI and a desire to remove any perceived barriers to its advancement. Greg Brockman, President of OpenAI, represents a company at the very cutting edge of AI development. OpenAI’s work with large language models and other advanced AI systems places it directly at the heart of the regulatory debate. Their participation in “Leading the Future” underscores the industry’s need for a supportive regulatory environment to continue its groundbreaking research and deployment. The group’s efforts will generally align with the policies advocated by White House AI and crypto czar David Sacks, as reported by The Wall Street Journal, indicating a strategic alignment with certain political factions. Driving Forces Behind the Movement: Andreessen Horowitz: A venture capital powerhouse, advocating for ‘techno-optimism’ and minimal regulatory intervention to foster innovation. OpenAI’s Greg Brockman: Represents a leading AI developer, emphasizing the need for flexible AI regulation to continue rapid advancement. David Sacks: White House AI and crypto czar, whose policies are expected to align with the PAC’s objectives, suggesting potential governmental receptiveness. Potential Impacts and Ethical Considerations of Pro-AI PACs The substantial influence wielded by pro-AI PACs raises important questions about the balance between fostering AI innovation and ensuring public safety and ethical deployment. On one hand, advocates argue that a unified US AI policy , shaped by industry insights, could prevent unnecessary bureaucratic hurdles, accelerate technological progress, and ensure the U.S. remains a global leader in AI. This could lead to breakthroughs in medicine, climate science, and various other fields, ultimately benefiting society. On the other hand, critics express concerns about the potential for undue corporate influence to shape policies that might prioritize profit and rapid deployment over crucial ethical safeguards, accountability, and public interest. AI’s profound societal implications — from job displacement to privacy concerns and the potential for misuse — necessitate careful consideration and robust regulatory frameworks. The fear is that heavily funded lobbying efforts could push for lighter regulations, potentially overlooking these critical issues. Striking the right balance between encouraging innovation and establishing responsible guardrails is a complex challenge that will define the future of AI. The Road Ahead: Midterms and the Future of US AI Policy As the midterm elections approach, the impact of these pro-AI PACs will be closely watched. Their ability to sway public opinion and influence political campaigns could significantly alter the landscape of US AI policy for years to come. The strategies employed, the candidates supported, and the messages disseminated will provide crucial insights into the future direction of AI governance. For the tech industry, the goal is clear: to establish a regulatory environment that promotes growth and innovation. For policymakers and the public, the challenge is to ensure that this growth is responsible, ethical, and serves the broader interests of society. The millions being poured into these PACs are not just campaign contributions; they are an investment in a vision for the future of AI, a vision that Silicon Valley is determined to bring to fruition. Conclusion: The Dawn of a New Political Frontier The emergence of powerful pro-AI PACs , fueled by significant Silicon Valley AI investment , marks a pivotal moment in the intersection of technology and politics. As these groups strategically work to influence AI regulation and shape US AI policy , the debate between fostering rapid AI innovation and establishing necessary safeguards will intensify. The lessons learned from the crypto lobbying landscape are being applied to AI, signaling a new era where the tech industry is not just building the future, but actively campaigning for the rules that will govern it. The outcome of these efforts in upcoming elections will undoubtedly have profound and lasting implications for the development and deployment of artificial intelligence globally. To learn more about the latest AI regulation trends, explore our article on key developments shaping AI policy features. This post AI Regulation: Silicon Valley’s Dominant $100 Million Bid to Shape US Policy first appeared on BitcoinWorld and is written by Editorial Team
Onchain data suggests Ethereum is in the “belief” stage of the bull cycle amid fresh all-time highs, opening the door to potentially even higher prices.
Ethereum-based gaming platform Xai has taken Elon Musk’s AI venture xAI to court. The lawsuit accuses Musk’s company of trademark infringement, brand confusion, and reputation damage. The complaint was filed by Ex Populus, the gaming studio behind Xai. Submitted to the U.S. District Court for the Northern District of California, the lawsuit argues Musk’s firm violated Xai’s established trademark rights. Ex Populus says it launched Xai and its native token XAI in June 2023. Musk announced xAI a month later, in July 2023. That timeline, the company claims, proves its brand existed first and deserves protection. Market Confusion Grows The lawsuit says confusion skyrocketed when Musk’s company expanded into gaming. In November 2024, xAI revealed plans to launch a gaming studio, putting both firms in the same industry. Examples of mix-ups quickly followed. Users on Binance and other crypto platforms assumed Xai and xAI were the same. Some media outlets even used Xai’s official logo in stories about Musk’s firm. The problem didn’t stop there. Grok, xAI’s chatbot, reportedly told users that Xai was part of xAI. This, Ex Populus argues, cemented the false belief that both companies were connected. Reputation Damage As Drama Unfolds Ex Populus says the unwanted link hurt its image. Grok faced criticism for generating antisemitic and violent content. Some users wrongly tied those outputs to Xai. The company argues this destroyed years of trust built with gamers and partners. It calls the harm to its brand “irreparable.” The lawsuit claims Musk’s legal team tried to pressure Xai into giving up its trademark rights. Lawyers allegedly threatened to challenge or cancel Xai’s registration. But so far, the U.S. Patent and Trademark Office (USPTO) has sided with caution. Several xAI trademark applications remain suspended due to conflicts with Xai’s earlier filing. That, Ex Populus says, proves its rights came first. What XAI Wants Ex Populus wants the court to impose strict restrictions. It seeks to: Block xAI from using the name in gaming and blockchain. Cancel pending trademarks filed by Musk’s company. Award damages for financial and reputational harm. The company argues that without court action, confusion will continue as Musk pushes deeper into gaming. The legal fight comes as Xai’s token struggles. XAI hit an all-time high of $1.60 on March 11, 2024. Today, it trades 97% below that peak, according to CoinMarketCap. At press time, XAI trades at $0.04953, down 3.85% in the past 24 hours. The lawsuit adds more pressure to a token already fighting for market confidence. #Ethereum Gaming Platform Xai Takes Elon Musk’s xAI to Court in Trademark Battle. pic.twitter.com/RIVrmTWT8r — TheCryptoBasic (@thecryptobasic) August 25, 2025 The case pits a blockchain gaming startup against one of the world’s most famous entrepreneurs. If Ex Populus wins, Musk’s company could lose the right to use xAI in gaming contexts. Until then, the dispute highlights the growing overlap between AI, gaming, and crypto, and the legal battles that follow when big names collide. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
The Ethereum price has dropped 4% today to $4,562 , as the broader crypto market falls by 3% – though the Ethereum price prediction remains firmly bullish in the medium to long term. Despite this loss, ETH remains up by 7% in a week and by 21% in the past month, while also boasting a 65% gain in a year. Its bullish monthly performance comes as Ethereum ETF inflows significantly outstrip inflows for BTC ETFs, with ETH funds attracting $2.8bn in net flows so far in August. This is a hugely encouraging performance, and when combined with the alt’s enviable fundamentals, it suggests that Ethereum may threaten to flip Bitcoin in the long term . Ethereum Price Prediction: ETH ETFs Dominate Wall Street With Flows Outpacing Bitcoin – Can ETH Overtake Bitcoin? Summer has certainly been Ethereum’s season, and nowhere is this more apparent than with ETF inflows. Nate Geraci, the President of NovaDius Wealth Management, made this clear in a tweet over the weekend, noting that Ethereum ETF inflows are now at $8.2 billion since the beginning of July. Spot eth ETFs w/ $340mil inflows yesterday… So far in August: Spot eth ETFs = $2.8bil inflows Spot btc ETFs = $1.2bil *outflows* Since beginning of July: Spot eth ETFs = $8.2bil inflows Spot btc ETFs = $4.8bil inflows Notable recent shift. — Nate Geraci (@NateGeraci) August 23, 2025 By contrast, Bitcoin ETF inflows stand at $4.8 billion across this same period, while BTC funds have experienced $1.2 billion in outflows in August. Clearly, institutions have been focusing on Ethereum over the past couple of months, capitalizing on the fact that the altcoin had struggled to reach its then-current ATH. That said, the influx of institutional capital has now changed things substantially, given that the Ethereum price hit a new record high of $4,954 yesterday. It has since dropped by 7%, as investors take profits, yet it’s entirely arguable that the medium- and long-term momentum is on its side. If we look at its chart today, we see that it has suffered a big drop in momentum, with its indicators declining from overbought positions. For instance, its relative strength index (yellow) has gone from over 70 a week ago to just under 60 today, and it may fall lower before we see a rebound. In other words, we could witness further dips for Ethereum in the near term, although the longer-term picture still looks very bullish. After dipping close to $4,000, we can expect the Ethereum price to pass $5,000 in September , before closing the year near $10,000 . Layer-Two Network Bitcoin Hyper Raises $11.9 Million As It Prepares for Launch If some traders are concerned that Ethereum is entering overbought territory, they may wish to diversify into newer alts. This would include not only altcoins that have recently begun taking the market by storm, but also tokens that are yet to launch. One of the most exciting new alts in the market right now is Bitcoin Hyper (HYPER), a new layer-two project . The Fastest Bitcoin Layer 2 Chain. Scalability and Speed for Bitcoin are finally here. https://t.co/yzXqAckjDw pic.twitter.com/1mUqiQGtou — Bitcoin Hyper (@BTC_Hyper2) August 24, 2025 Bitcoin Hyper has raised $11.9 million in its ongoing presale, making it one of the most successful ICOs of the year. The reason for its success is that it’s in the process of launching a L2 network for Bitcoin, one which aims to tap into Bitcoin’s enormous value for DeFi purposes. As an L2, it will use Solana’s Virtual Machine (SVM) and zero-knowledge proofs, giving it an advanced level of speed and security. It will make using Bitcoin cheaper and faster, with BTC holders able to deposit BTC with Bitcoin Hyper’s smart contract and receive a corresponding amount of HYPER to use. HYPER will have a max supply of 21 billion tokens, with holders able to stake it for a passive income, in addition to trading it on the L2’s growing ecosystem of DeFi apps. Investors can join its presale and buy some now by going to the Bitcoin Hyper website . HYPER is currently selling at $0.012795, although this price will continue to rise for the duration of the sale. Click Here to Participate in the Presale The post Ethereum Price Prediction: ETH ETFs Dominate Wall Street With Flows Outpacing Bitcoin – Can ETH Overtake Bitcoin? appeared first on Cryptonews .
Larry Fink, CEO of BlackRock, the world's largest asset management company, made important statements about Bitcoin. Speaking in an interview on Citi's YouTube channel, Larry Fink described Bitcoin as an important hedge against currency devaluation. The famous CEO also added that he sees Bitcoin as digital gold. The BlackRock CEO admitted that he has experienced a major change from his openly critical stance on Bitcoin and cryptocurrencies, saying: “The reason you own Bitcoin is because you're afraid of your currency losing value. In the past, I viewed Bitcoin solely as a money laundering tool. However, during the COVID-19 period, I realized the power of blockchain technology. Now I too have become a believer. Bitcoin can act as digital gold, protecting assets from inflation.” The fact that one of the biggest names in global finance is supporting the role of BTC could be a significant signal for its adoption. *This is not investment advice. Continue Reading: Critical Bitcoin (BTC) Statement from Larry Fink, CEO of BlackRock, Who Manages $11 Trillion! "Now I'm…!"
"Crypto will be existential to Kalshi’s success just like it is for Robinhood ( HOOD ), Stripe (STRP), and Coinbase ( COIN )," 23-year-old Wang wrote in an X article.