Bitcoin Adoption Accelerates Amid Rising Global Tensions and U.S. Fiscal Shake-Up
Institutional interest in Bitcoin is gaining fresh momentum, fueled by a climate of increasing geopolitical friction and uncertainty surrounding major U.S. economic decisions. As global markets brace for the potential fallout of new trade dynamics and a controversial federal spending plan, large-scale investors are turning to Bitcoin as a hedge. Former President Donald Trump is […]
Tether Acquires 32% Stake in Canadian Gold Royalty Firm
Tether, the company behind the world’s most widely used stablecoin, has expanded its investment footprint by acquiring a 32% stake in Canadian gold royalty company Elemental Altus Royalties. In a statement released Thursday, Tether confirmed it purchased 78,421,780 common shares of Elemental (ELE) from La Mancha Investments. This acquisition amounts to roughly 31.9% of the […]
Michael Saylor Explains How the Pandemic Pushed Him Toward Bitcoin
Michael Saylor, the founder of MicroStrategy, recently opened up about how the chaos caused by COVID-19 and the U.S. government’s economic response pushed him to invest in Bitcoin in 2020. In a conversation with Jordan B. Peterson aired on Monday, Saylor explained that his interest in Bitcoin was sparked during a time he described as […]