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Bitcoin will need 17% of ‘store of value’ market to hit $1M: Bitwise

According to Bitwise Asset Management, Bitcoin would need to capture 17% of the global "store of value" market to reach a price of $1 million. The firm highlights that the current market for store of value assets, which includes gold and real estate, is substantial, providing a significant opportunity for Bitcoin. Bitwise emphasizes the potential for Bitcoin to serve as a hedge against inflation and economic instability. The analysis suggests that as institutional adoption increases, Bitcoin's market share could grow, driving its price upward.

Read the full article: Coin Telegraph

MARA shares sink on first-quarter revenue miss, $1.3B loss

MARA shares dropped significantly after the company reported a first-quarter revenue miss and a staggering $1.3 billion loss. The financial results fell short of analysts' expectations, raising concerns about the company's performance in the volatile cryptocurrency market. The loss was attributed to a combination of lower

Bitmine slows Ethereum buys, targets December to own 5% of supply

Bitmine has announced a slowdown in its Ethereum purchases as it aims to acquire 5% of the total supply by December. The company is adjusting its strategy in response to market conditions and is focusing on building a significant stake in Ethereum. This move reflects Bitmine's long-term commitment

Hackers used AI to craft zero-day attack to bypass 2FA: Google

Hackers have utilized artificial intelligence to create a zero-day attack that successfully bypassed two-factor authentication (2FA), according to Google. This sophisticated method highlights the evolving tactics of cybercriminals, who are increasingly leveraging AI technologies to enhance their hacking capabilities. Google emphasized the importance of robust security measures beyond 2FA, as

Bitcoin briefly hits $82,000, SOL, DOGE higher as Michael Burry warns of stock crash

Bitcoin briefly reached $82,000, marking a significant milestone in its recent price surge. Alongside Bitcoin, cryptocurrencies like Solana (SOL) and Dogecoin (DOGE) also experienced gains. The price rally comes as investor Michael Burry, known for predicting the 2008 financial crisis, warns of an impending stock market crash. His comments

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MARA shares sink on first-quarter revenue miss, $1.3B loss

Bitmine slows Ethereum buys, targets December to own 5% of supply

Hackers used AI to craft zero-day attack to bypass 2FA: Google

Bitcoin briefly hits $82,000, SOL, DOGE higher as Michael Burry warns of stock crash