Wednesday, February 4, 2026
Home Blog Page 5

Trump-backed American Bitcoin boosts reserves to 5,843 BTC, delivers 116% yield post-Nasdaq listing

0


American Bitcoin (ABTC), a publicly traded Bitcoin treasury company backed by Donald Trump Jr. and Eric Trump, has added 416 Bitcoin, increasing its total holdings to 5,843 BTC worth around $514 million, according to a Tuesday announcement.

The company has also disclosed a BTC yield of approximately 116% since its Nasdaq debut on Sept. 3, 2025, through Jan. 25, 2026.

American Bitcoin now ranks as the 18th-largest corporate holder of Bitcoin, surpassing Nakamoto Inc. and GameStop Corp.

ABTC shares rose about 2% in premarket trading on Tuesday, according to Yahoo Finance. The stock has declined 11% year-to-date amid ongoing financial and geopolitical uncertainty.




New York hedge fund acquires over $125,000 in Bitcoin treasury company Strive shares

0


New York-based multi-strategy hedge fund FNY Investment Advisers, LLC, also known as First New York, disclosed holding 160,000 shares of Strive (ASST) in late 2025, marking a new Bitcoin-linked position for the firm.

With ASST closing near $0.78 on Monday, First New York’s stake is worth over $125,000, compared with roughly $118,000 spent acquiring the shares.

A Bitcoin-focused asset management firm, Vivek Ramaswamy-backed Strive is planning to raise $150 million through a follow-on offering of its SATA preferred stock to purchase more Bitcoin and related products, reduce debt, and fuel corporate growth.

This follows shareholder approval of Strive’s acquisition of Semler Scientific, which closed on January 16, adding over 5,000 BTC to Strive’s treasury and boosting total holdings to approximately 12,798 BTC.

The company now ranks 11th among corporate Bitcoin holders, ahead of Tesla and Trump Media & Technology Group.


Silver surges past $115/oz as gold extends rally toward $5100

0


Silver posts double digit gains as momentum buying and tight supply drive precious metals higher.

Silver surged to a fresh record above $115/oz today, rising nearly 12% and sharply outperforming gold and most risk assets. The precious and industrial metal has been lifted by tight physical supply, strong retail participation, and momentum-driven buying.

Analysts noted that Chinese silver prices are trading at a premium to London benchmarks, signaling further near-term upside, though elevated prices could eventually weigh on industrial demand.

Gold followed with continued strength, reinforcing its role as a preferred haven amid escalating geopolitical tensions and policy uncertainty. Prices climbed above $5,000 per ounce and briefly pushed toward $5,100, rising about 2% on the day.

Central bank buying remains a key driver for gold, with institutions diversifying foreign exchange reserves and reducing reliance on the US dollar.

Markets are also focused on rising trade tensions involving the US, speculation around coordinated currency intervention by US and Japanese authorities, and political pressure on the Federal Reserve ahead of this week’s policy meeting.

Analysts at Societe Generale see gold reaching $6,000 per ounce by year end, while Morgan Stanley highlighted a bull case scenario of $5,700. Both metals have posted repeated record highs since late 2025, with silver increasingly leading the rally.


Tether dominates $4B gold-backed stablecoin market as gold tops $5100

0


Tether said today that it is at the forefront of tokenized gold products as demand for onchain exposure to physical bullion continues to grow.

Its gold-backed stablecoin XAUâ‚® has surpassed $2.2 billion in market capitalization, representing more than half of the total tokenized gold market, which now stands slightly above $4 billion.

The growth reflects rising interest from both institutional and retail investors seeking safe-haven assets that remain fully onchain.

Gold prices have surged rapidly since late September 2025, with bullion recently trading near the $5,100 per ounce level. Geopolitical uncertainty, currency concerns, and reserve diversification have driven renewed demand for hard assets. Silver has also posted repeated record highs over the same period.

As of the end of 2025, Tether Gold reported more than 520,000 fine troy ounces of physical gold backing an equivalent number of XAUâ‚® tokens on a one-to-one basis. The reserves are held in Switzerland in compliance with London Bullion Market Association standards.

Tether has also become a significant institutional gold accumulator through its tokenization strategy. According to IMF data and a late 2025 Jefferies report, the firm now ranks among the top 30 global gold holders, surpassing several sovereign nations.

During the fourth quarter of 2025 alone, Tether added roughly 27 metric tons of gold, exceeding the purchases of most individual central banks over the same period.


Binance to launch Tesla perpetual contract with up to 5x leverage

0


Binance will launch a Tesla equity perpetual contract on its futures platform on Wednesday, allowing traders to speculate on Tesla Inc. stock (TSLA) with up to 5x leverage, according to a recent announcement.

The TSLAUSDT contract tracks Tesla’s Nasdaq-listed common stock and settles in USDT. Trading will be available 24/7 with a minimum trade amount of 0.01 TSLA and a minimum notional value of 5 USDT.

Multi-asset mode is supported, enabling users to trade using alternative margin assets like Bitcoin, according to Binance. The exchange noted that it may adjust contract specifications based on market risk conditions, including funding fees, tick size, maximum leverage, and margin requirements.

TSLA saw a small decline in Monday’s pre-market session, Yahoo Finance data shows. The stock’s value has increased by approximately 9% in the past year.


Gold surges past $5,000 for first time as silver tops $107 on safe-haven buying

0


Gold broke above $5,000 per ounce for the first time in history today, pushing the precious metal’s market capitalization past $35 trillion.

The rally continued during early Asian trading on Monday as heightened risk-off sentiment gripped global asset markets amid ongoing economic and geopolitical tensions.

In recent weeks, escalating frictions, including strained relations between the US and NATO, debate around the Greenland situation, and fears of potential US military action against Iran, have dominated headlines and reinforced gold’s appeal.

Markets have also been unsettled by worries over the Fed’s independence following disclosures of a Justice Department probe into the central bank.

The administration is expected to announce its nominee to succeed Fed Chair Jerome Powell this week after appointing Stephen Miran to the board late last year.

Silver has also surged against this backdrop. On Monday, silver hit a new record high above $107. The metal’s rally intensified in late 2025 and has since outperformed other asset classes.

Silver is now up roughly 47% year-to-date, compared with gold’s 17% gain.

Investors’ appetite for safety has weighed on crypto. The total crypto market cap has declined by approximately 2% in the last 24 hours, per CoinGecko.

Bitcoin fell over 2% in the past day and 7% on the week, hovering near $87,500 at the time of writing.


Bitcoin slides below $88K, triggering $135M in crypto long liquidations in the past hour

0


Bitcoin dropped under $88,000 on Sunday, erasing around $135 million in crypto longs in the past hour amid renewed selling pressure across digital asset markets.

The decline comes after Bitcoin retreated from a weekly high above $92,000 reached on January 19. The leading crypto asset traded at $87,743 at press time, down 1.5% on the day and nearly 8% over the past week, per CoinGecko.

Market sentiment has turned fearful, with the Fear & Greed Index registering a score of 25.

Technical analysts point to a false breakout of the $95,938 resistance level as a catalyst for the current downtrend. Without reversal signals, Bitcoin may test support at $86,561, with some forecasts suggesting a potential slide toward $80,000.

The global crypto market cap has fallen to $3 trillion amid the broader selloff, which has also affected major altcoins such as Ethereum, Solana, and XRP.

Ethereum and BNB declined by more than 2% in the past 24 hours, as XRP and Solana each slid over 3%.

Despite the weekend selloff, crypto bulls showed little sign of pulling back. Michael Saylor, executive chairman of Strategy, the largest corporate holder of Bitcoin, hinted at another potential purchase.

The company currently holds 709,715 BTC valued at more than $62 billion following last week’s acquisition.