Elon Musk’s SpaceX Moves Bitcoin to Unknown Addresses: What It Reveals About Institutional Crypto Strategy
SpaceX transferred 1,163 Bitcoin worth approximately $105.4 million to previously unknown wallet addresses on November 26, according to blockchain analytics firm Arkham Intelligence and tracking platform Lookonchain. The transfer represents the latest in a series of substantial Bitcoin movements by the aerospace company, creating waves of speculation about whether Elon Musk’s organization is preparing to sell holdings, […]
The Ban Didn’t Work: Bitcoin Mining in China Is Growing Again
Bitcoin mining is quietly staging a remarkable comeback in China, four years after the government issued a sweeping prohibition on all cryptocurrency mining and trading activities. According to data from Hashrate Index, which monitors global Bitcoin mining operations, China has reclaimed third position worldwide with approximately 14% of the global hashrate by the end of October—a […]
Larry Fink’s Bold Bitcoin Forecast: The Case for $700,000 Per Coin
BlackRock CEO Larry Fink has emerged as one of the most influential voices supporting Bitcoin’s long-term value proposition, projecting that the cryptocurrency could potentially reach $700,000 per coin if institutional adoption continues accelerating at its current pace. This remarkable forecast from the head of the world’s largest asset manager—a firm overseeing more than $11.5 trillion in assets—represents […]
MSCI Considers Removing Crypto-Treasury Companies from Its Indexes: What It Means for Bitcoin Corporate Holdings
Global index provider MSCI has launched a consultation examining whether companies holding substantial cryptocurrency reserves should remain eligible for inclusion in its premier equity benchmarks. The proposal specifically targets so-called “Digital Asset Treasury Companies” (DATs)—firms whose primary business strategy revolves around accumulating Bitcoin or other cryptocurrencies rather than generating operational revenue through traditional business activities. At the […]
