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Cryptocurrency News Articles
Michael Saylor's biggest U-turn yet, 'You don't need Bitcoin'
Jun 13, 2025 at 01:04 am
Elon Musk's Tesla (Nasdaq: TSLA) comes a close second, holding 11509 BTC worth $1.2 billion.
Michael Saylor, known for his ardent advocacy of Bitcoin, appeared to make an unexpected U-turn in a recent post on X.
Elon Musk's Tesla (TSLA) closely follows with 11,509 BTC valued at $1.2 billion.
If you have everything—you don’t need Bitcoin.
If you don’t have Bitcoin—you don’t have anything.
— Michael Saylor (@saylor) June 12, 2025
The post drew varied responses from the crypto community. CoinStats quipped, If you have Bitcoin—you already have everything.
If you have Bitcoin—you already have everything.
— CoinStats (@CoinStats) June 12, 2025
Another user, @dscompounding, added, If you have everything, Bitcoin is your hedge against losing it all.
If you have everything, Bitcoin is your hedge against losing it all.
— D.S. (Dan) (@dscompounding) June 12, 2025
One X user took a jab at the retail traders, saying, Only broke ppl still talking bout Bitcoin in 2025.
As per Kraken, Bitcoin was trading at $106,845.40 at press time, showcasing an increase of over 1,100% in the last five years.
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- AVAX Price Surges as Avalanche Chain Embraces Tokenized Funds and Institutional Growth
- Sep 18, 2026 at 04:05 pm
- Avalanche's recent rebound and strategic moves into tokenized funds and institutional liquidity signal a potential turning point for AVAX, as the network positions itself for long-term growth and broader adoption.
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- Bank of Japan's Rate Hike: Yen, Bitcoin, and the Unwinding of Carry Trades
- Sep 18, 2026 at 12:05 pm
- The Bank of Japan's recent interest rate hike sends ripples through global markets, making yen-funded trades pricier and impacting Bitcoin's standing against the Japanese currency, while sparking debates on capital flows and risk asset volatility.
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- CFTC Offers Broker Registration Relief for Passive Crypto Trading Software, Signals Broader Regulatory Shift
- Sep 18, 2026 at 11:55 am
- The CFTC is providing significant relief for passive crypto trading software, easing broker registration burdens and signaling a proactive approach to crypto regulation amid legislative delays.
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- U.S. Tightens Grip: New Sanctions Target Iranian Crypto Exchange BitBank Amid Maritime Payment Probe
- Sep 18, 2026 at 11:55 am
- The U.S. Treasury has sanctioned BitBank, an Iranian cryptocurrency exchange, for allegedly facilitating Bitcoin payments linked to maritime traffic through the Strait of Hormuz.
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- US Treasury Sanctions Iranian Exchange BitBank Over $1 Billion in Crypto Flows: A New York Take
- Sep 18, 2026 at 11:55 am
- The US Treasury has sanctioned Iran-based BitBank, alleging it processed $1 billion in Bitcoin for Iran's Revolutionary Guard through the 'Hormuz Safe' scheme, signaling Washington's intensified crackdown on crypto-based sanctions evasion.
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- North Korea Malware & Asia Express: CoinEx's Exit Amidst a Shifting Digital Landscape
- Sep 18, 2026 at 08:05 am
- Amidst rising North Korean cyber threats and a dynamic Asian crypto scene, CoinEx, a Hong Kong-founded exchange, shutters after nine years, signaling a pivotal moment for regional digital asset markets and regulatory landscapes.
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- Vitalik Buterin Challenges AI Cybersecurity Doom Narrative, Advocates for Formal Verification
- Sep 18, 2026 at 12:05 am
- Vitalik Buterin, Ethereum co-founder, refutes the 'AI doom narrative' in cybersecurity, asserting AI's potential to bolster defenses through formal verification, a stance underpinned by Ethereum's ongoing security research.
