According to CoinMarketCap data, the global crypto market cap is $3.09T, a 3.08% increase over the last day.Bitcoin (BTC) traded between $95,785 and $99,800 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $99,651, up by 2.82%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include PENGU, IO, and AIXBT, up by 25%, 20%, and 18%, respectively.Top stories of the day:Bitcoin Nears $100K as Trump Teases Major UK Trade Deal Announcement Crypto Market Rebounds 10.8% in April as Bitcoin Leads Institutional Adoption — Binance Research Report Ethereum Undervalued Against Bitcoin, But Recovery Uncertain Amid Stagnant Network and Weak Institutional DemandBitcoin Realized Cap Hits $890B as Bulls Eye Breakout Toward $100KFed Holds Interest Rates Steady Amid Rising Risks of Inflation and Unemployment Oregon Updates Commercial Code to Include Digital AssetsArizona Senate Approves Bitcoin Reserve Bill Awaiting Governor's Decision Michael Saylor Advocates Bitcoin Investment for Saudi Sovereign Wealth Fund EU Considers Countermeasures Against U.S. Tariffs U.S. Treasury to Host Private Meetings with Crypto IndustryMarket movers:ETH: $1940.52 (+5.46%)XRP: $2.2049 (+2.86%)BNB: $615.64 (+1.60%)SOL: $152.75 (+3.42%)DOGE: $0.18313 (+5.60%)ADA: $0.7152 (+4.58%)TRX: $0.2506 (+2.12%)WBTC: $99609.09 (+2.82%)TRUMP: $12.2 (+11.01%)SUI: $3.6979 (+8.69%)

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Strive Capital to Invest $1B in Bitcoin

Strive Capital announces $1B Bitcoin investment

Move signals growing institutional interest in crypto

Vivek Ramaswamy continues pro-Bitcoin stance

Billion-Dollar Bet on Bitcoin

Vivek Ramaswamy, entrepreneur and former U.S. presidential candidate, is making headlines again—this time through his investment firm, Strive Capital, which has announced plans to purchase $1 billion worth of Bitcoin. This bold move highlights the increasing confidence traditional financial institutions are placing in digital assets, especially Bitcoin.

Strive Capital’s decision adds momentum to the ongoing wave of institutional Bitcoin adoption. With this announcement, the firm is not just buying an asset—it’s making a strong statement about the future of finance and digital currency.

The investment comes amid a bullish market outlook for Bitcoin, as more firms turn to crypto as a hedge against inflation and as a long-term store of value.

Ramaswamy’s Continued Crypto Advocacy

Vivek Ramaswamy has been vocal about his belief in decentralization and financial freedom. His support for Bitcoin is not new, but this billion-dollar move through Strive Capital shows he’s ready to put money behind his principles.

Ramaswamy has previously criticized centralized financial systems and praised Bitcoin as a tool for individual empowerment. Now, by aligning his firm with the world’s largest cryptocurrency, he’s solidifying his place among crypto-forward thinkers in the investment world.

BREAKING:

VIVEK RAMASWAMY'S STRIVE CAPITAL TO BUY $ 1 BILLION OF #BITCOIN pic.twitter.com/shhYsGT7OJ

— Crypto Rover (@rovercrc) May 7, 2025

Institutional Confidence Rising

Strive Capital’s billion-dollar Bitcoin play isn’t happening in a vacuum. It reflects a broader trend where major players—from asset managers to hedge funds—are entering the crypto space.

This growing interest boosts Bitcoin’s credibility and may lead to greater regulatory clarity and mainstream adoption. For retail investors and crypto enthusiasts alike, Strive’s investment could signal a new phase of market maturity and stability.

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Binance News

CFTC to Observe Tokenization Pilot Projects for Real-World Insights

According to PANews, Caroline D. Pham, the acting chair of the U.S. Commodity Futures Trading Commission (CFTC), announced at the Medici Network conference that the CFTC plans to participate as an observer in several industry tokenization pilot projects. This initiative aims to gain firsthand understanding of how tokenized assets operate in real-world scenarios and to accumulate relevant technical expertise.