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Mark Cuban sold most of his BTC after being disappointed by its safe-haven performance. During the Iran conflict, the dollar weakened and gold rose, but BTC fell.
He said, "I always thought Bitcoin was better than gold. Every time the dollar fell, Bitcoin was supposed to rise, and it didnβt." He once held 60% of his crypto portfolio in BTC.
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The US Congress introduced a new bill to create a strategic Bitcoin reserve, aiming to accumulate 1 million BTC, about 5% of the total Bitcoin supply. The proposal has bipartisan support and over 10 co-sponsors.
The reserve would partly be formed from already confiscated digital assets. Meanwhile, US authorities reported seizing nearly $500 million in cryptocurrencies linked to Iran.
The billβs authors explicitly compare Bitcoin to gold, calling it the main store of value within the crypto market.
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Dunkrad Feist, former Ethereum Foundation researcher, said the Ethereum ecosystem needs a new organization with its own funding and influence over development. The Foundation controls less than 0.1% ETH and earns no staking or fee revenue, limiting growth.
Feist proposed a structure with at least $1 billion in capital, partly from staking income. The idea sparked debate, with some fearing Ethereum could become a "corporate blockchain."
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Thereβs people that have made more money than theyβve ever dreamed of.
But at the end of the day everyone comes home to joy in the simple things, family, health, and freedom of time/energy.
Many people actually have all those things before they think theyβre lacking in something else.
Never lose the foundation on the quest for more.
β
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But at the end of the day everyone comes home to joy in the simple things, family, health, and freedom of time/energy.
Many people actually have all those things before they think theyβre lacking in something else.
Never lose the foundation on the quest for more.
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Japanese media reported that Trump purchased between $1 million and $5 million in shares of Kura Sushi USA, a sushi restaurant chain.
A theory emerged online suggesting the investment might have been a mistake, with Trump's team allegedly confusing Kura Sushi with Fujikura, a Japanese AI and fiber-optic infrastructure supplier benefiting from AI hype.
Following the news, Kura Sushi shares rose by 5.4%.
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