Search results for Adam Livingston
Crypto
Strive buys 1,800 more bitcoin, jumps to fifth among listed holders
Asset manager Strive bought an additional 1,800 bitcoin last week, lifting its total holdings to 23,156 BTC and making it the world’s fifth-largest bitcoin holder among listed companies. It spent about $143 million from Aug. 24 to 28 at an average price of $79,431 per bitcoin including fees. CEO Matt Cole confirmed the purchase on X. Analysts noted holdings rose about 8.4 percent in five trading days.
Crypto
Bitcoin still wins: XRP surges 43 percent but slumps 88 percent versus BTC
XRP has rebounded strongly, rising 43 percent over the past week, but it still trails bitcoin by a wide margin in long-term relative performance, Decrypt reported. XRP jumped from below $1 to $1.70 before easing to about $1.43, while the XRP/BTC pair remains in a long decline. Commentators argued that relative returns matter more than absolute prices, with some saying the pair has fallen 88.2 percent despite the latest rally.
Crypto
Bitcoin may hit next dollar record between April and December 2027, analysis says
Bitcoin could set its next all-time high in dollar terms between April and December 2027, an analysis said, citing repeating cycles in its relative strength against gold. The study focuses on the BTC/XAU ratio, which measures how many ounces of gold one bitcoin is worth. It argues that after the ratio forms a low following a period of gold outperformance, bitcoin later reaches a new dollar record.