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Ricardo Salinas Pliego, the fifth-largest billionaire in Mexico, has offered major investment advice to his followers on X, which unsurprisingly includes bitcoin. Salinas, who owns TV Azteca and Grupo Electra, advised against real estate investments and encouraged considering bitcoin instead. “Investing in REAL ESTATE is a BAD INVESTMENT!!! Don’t be fooled; real estate is NOT … Read more
Bitcoin Mechanic, the pseudonymous global head of sales at Ocean Mining, stressed that Bitcoin Core developers were colluding with Citrea, a Bitcoin Zero Knowledge (ZK) expansion product, to facilitate the inclusion of so-called “spam” in the blockchain. Ocean Hints at Citrea-Bitcoin Core Collusion in OP_RETURN Spam Debate The conflict surrounding the possible removal of the … Read more
The legendary investor, at one time the richest man on the planet, once called bitcoin “rat poison.” Buffett Exits CEO Role at Berkshire Hathaway, Successor Named Efficient market theory posits that it’s impossible to consistently beat the market, but Warren Buffett, CEO of holding company Berkshire Hathaway, may be a rare exception to that rule, … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how President Nayib Bukele has continued to purchase bitcoin, complying with the IMF policies of non-bitcoin accumulation established in their credit facility deal. Latam Insights Encore: Bukele Outsmarted The IMF While … Read more
Digital asset investment products saw a surge in momentum, with $2 billion in weekly inflows pushing the 3-week total to $5.5 billion. Bitcoin led the charge, while ethereum, XRP, and tezos also gained ground. Crypto Investment Products Record Best 3-Week Run Since February Investor appetite for digital assets is heating up again. According to the … Read more
Bitcoin ETFs posted a $1.81 billion net inflow for the week ending May 2, marking their 3rd consecutive week in the green. Ether ETFs also saw another week of gains, pulling in $106.75 million and extending their rebound. Bitcoin ETFs Keep Winning Streak Alive As Ether ETFs Follow with $106 Million The streak continues for … Read more
BitcoinOS reports that it has successfully executed the first-ever bridgeless cross-chain transfer of bitcoin, moving 1 BTC between the Bitcoin and Cardano blockchains without relying on traditional intermediaries. Bridgeless Era Begins: BitcoinOS Transfers BTC to Cardano Using ZK Proofs The demonstration, conducted on mainnet, marks a pivotal advancement in blockchain interoperability. By wrapping 1 BTC … Read more
Crypto markets slumped on Monday morning, with seven of the top ten cryptocurrencies in the red, including bitcoin. Market Dip Drags Bitcoin Under $94K While Equities Hold Steady Bitcoin (BTC) fell to $94K on Monday morning as crypto markets tumbled 1.06% to a market capitalization of $2.93 trillion, according to data from Coinmarketcap. Stocks traded … Read more
Bitcoin exchange-traded funds (ETFs) ended the week with a thunderous $675 million inflow, entirely powered by Blackrock’s IBIT. Ether ETFs also maintained positive momentum, adding $20 million through ETHA alone. Bitcoin ETFs Close Week With $675 Million Inflow Led Entirely by Blackrock’s IBIT As the week came to a close on Friday, May 2, Blackrock … Read more
Semler Scientific, Inc. has acquired an additional 167 bitcoins for $16.2 million, bolstering its total holdings to 3,634 BTC and securing its position as the fourth-largest Bitcoin treasury company in the U.S., according to a May 5 regulatory filing. Semler Scientific’s Bitcoin Holdings Surge to 3,634 BTC with 22.2% YTD Yield The Delaware-based company purchased … Read more
