KULR Buys Another $8M of Bitcoin, Taking Total Holdings to 510 BTC
The maker of energy-management systems announced a bitcoin-buying strategy in December.
The maker of energy-management systems announced a bitcoin-buying strategy in December.
Currently, bitcoin is up approximately 550% from the cycle lows, which aligns with previous cycles.
The Treasury will begin extraordinary measures, potentially draining the TGA account in a positive development for risk assets, including BTC.
“I don’t know how borrowing money to buy bitcoin helps on any of Trump’s platforms,” Hayes said.
Implied and realized volatility indexes hit the highest levels since August’s yen carry trade unwind.
The ether-bitcoin ratio dropped to the lowest since 2021 as incoming President Trump seen fueling BTC popularity.
A positive feedback loop is being created between El Salvador’s bitcoin education programs and crypto companies looking for a friendly jurisdiction.
Crypto investors have high hopes for the incoming administration, including potential digital asset-focused executive orders that could add fuel to the rally.
Bitcoin holdings for public U.S.-listed companies have more than doubled since January 2024.
Senator Cynthia Lummis, set to lead the Senate Banking Committee’s digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking.