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Bitcoin Plunges, but Michael Saylor Says STRC Still Delivers Gains

news.bitcoin.com

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Michael Saylor highlighted positive returns from Strategy’s income-paying preferred shares, traded as STRC, while bitcoin fell near $64K on Nov. 14, down more than 21% over one month. The slide pushed the company’s bitcoin holdings further below their acquisition cost. Saylor Highlights Income During Bitcoin’s Slide Michael Saylor, founder and executive chai…

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news.bitcoin.com

Why Tokenized Gold’s Explosive Growth Isn’t the Full Story: Xash CEO

Tokenized gold’s booming market cap and trading volumes haven’t translated into decentralized finance adoption. According to Xash CEO Kevin Huynh, most gold-backed tokens sit idle rather than generating yield. Tokenized Gold Booms in Volume Despite surging investment and trading volumes, tokenized gold has struggled to establish meaningful utility in decentr…

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news.bitcoin.com

How Buterin Complicates Ethereum’s Wall Street Pitch by Aiming at Bitcoin

Vitalik Buterin’s latest pivot in how Ethereum should be valued might make traditional Wall Street investors dizzy. The narrative is changing once again, and this time it moves ETH into the territory where Bitcoin’s pitch in traditional finance (TradFi) is strongest: being a store of value. This leaves the two most valuable blockchain networks competing […]

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news.bitcoin.com

What Nvidia’s CEO Ouster and Bitcoin Have in Common

Speculation is mounting that Nvidia CEO Jensen Huang was forced out after the co-founder of the multitrillion-dollar company began advocating for open-source AI models. While these theories remain unconfirmed, they also draw parallels with Bitcoin’s own fight over open-source development. Although Huang announced his resignation, an undisclosed person famili…

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news.bitcoin.com

Nubank Secures Brazil Banking License to Save Its Iconic Name

The neobank, which also runs a crypto business, received approval to purchase Banco Porto Real de Investimentos S/A, becoming a licensed bank in Brazil. The development enables the company to maintain its name, as regulators pressured it to drop the bank moniker since it was not licensed as a bank in the country. Nubank Receives […]

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