As the world continues to navigate the complexities of traditional financial systems, OpenAI CEO Sam Altman has voiced his strong belief in Bitcoin's potential as a decentralised means of exchange.
He described it as a “global currency that is outside the control of any government”.
This endorsement by a leading figure in technology underlines the belief that Bitcoin could offer an alternative to traditional monetary systems dominated by state policies and central banks.
Unlike fiat currencies such as the US dollar or the euro, Bitcoin relies on a distributed network of computers rather than a single issuing authority.
This structure allows anyone with an internet connection to send or receive funds without intermediaries, offering financial freedom and autonomy to individuals in regions with restrictive banking systems or high transaction charges.
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Often dubbed “digital gold,” Bitcoin’s total quantity is capped at 21 million coins, ensuring that no more units can be created once that threshold is reached.
This scarcity contrasts sharply with fiat money, which can be expanded at will by central banks through printing or quantitative easing.
Many supporters argue that this built‑in limitation shields Bitcoin from the inflationary pressures common in government‑issued currencies.
As governments worldwide grapple with rising inflation and economic instability, Bitcoin’s borderless, decentralised model presents a compelling alternative.
By handing control back to individuals and reducing reliance on state‑managed monetary policies, it may pave the way for a more resilient and accessible financial landscape for all.
As Altman puts it, this is truly a “super logical and important step” towards redefining the future of finance.
As of writing, the token's price is at about $91,954, up 8.6% over the last week.
Méliuz became the first public company in Brazil to adopt Bitcoin as a main part of its business, buying 274.52 BTC for $28.4 million after shareholder approval. Since its first Bitcoin purchase in March, its share price has more than doubled.
AnaisA famous 1515 rhinoceros artwork by Albrecht Dürer has been turned into 11 silver sculptures by Asprey Studio and the British Museum, each linked to a digital record on the Bitcoin blockchain. The digital inscription proves ownership and connects the sculpture to its makers, combining old craftsmanship with new technology.
AnaisThe bosses of crypto lender Cred have admitted in court to lying to customers about the company's financial problems. This deception led to the firm collapsing and investors losing a large amount of their digital money.
AnaisTether bought $459 million worth of Bitcoin to support the launch of Twenty One Capital, a new investment firm preparing to go public. The company now holds over 36,000 BTC and plans to expand further after merging with Cantor Equity Partners.
AnaisBlackRock has highlighted quantum computing as a potential long-term threat to Bitcoin's security in its latest regulatory filing. Despite this caution, Bitcoin ETFs continue to see strong investor interest, with over \$41 billion in net flows since their launch.
Jason RiggsNew York City will host its first-ever Crypto Summit on 20 May as Mayor Eric Adams pushes to make the city a global leader in blockchain and digital assets. The event comes as Adams doubles down on crypto-friendly policies ahead of his 2025 re-election campaign.
WeatherlyAmerican Bitcoin, co-founded by Eric Trump, will go public through a merger with Gryphon Digital Mining, expected to close by Q3 2025. The newly formed company will be listed on the Nasdaq under the ticker "ABTC" and aims to expand Bitcoin mining in the US.
WeatherlyArizona has passed a new law allowing the state to take control of unclaimed cryptocurrency after three years. The assets will be managed in a reserve fund, with profits made through staking and airdrops—without using taxpayer money.
AnaisBhutan has launched the world’s first national crypto tourism payment system, letting visitors pay for everything from flights to local goods using digital currencies like Bitcoin and BNB. The system, built with Binance Pay and DK Bank, helps local businesses—especially in remote areas—accept crypto payments easily.
AnaisStrategy, led by Michael Saylor, is using AI to design new financial tools and raise $84 billion to buy more Bitcoin. The firm now holds over $52 billion in Bitcoin and has launched an AI-built platform called Mosaic to help businesses manage their data.
AnaisCullen Hoback's upcoming HBO documentary, “Money Electric: The Bitcoin Mystery,” premiering on 8 October 2024, may finally reveal the identity of Bitcoin's creator, Satoshi Nakamoto. Despite ongoing speculation, many in the Bitcoin community stress the importance of respecting Nakamoto's anonymity and highlight that any claims about his identity remain unproven without concrete evidence.
JoyTaiwan's Financial Supervisory Commission has mandated that all virtual asset service providers register by September 2025 and comply with new anti-money laundering regulations effective January 2025. The regulations aim to enhance oversight, reduce risks, and ensure that management teams have the required experience and no criminal records.
WeatherlyGoogle has launched a new video search feature that allows users to point their camera at objects and ask questions, providing relevant search results. This initiative, part of their ongoing AI enhancements, aims to improve user interaction and maintain Google’s dominance in the competitive search market.
AnaisHackers briefly hijacked LEGO’s website to promote a “LEGO Coin” scam, redirecting users to a fake cryptocurrency site selling "LEGO Tokens" with Ethereum. LEGO removed the scam within 75 minutes but has not disclosed details about the breach or future preventive measures.
CatherineTwo recent forfeiture actions by the US Attorney for DC have revealed North Korean crypto hackers' laundering methods, with the government seeking to seize about $2.7 million in stolen crypto. As such cases increase, one must ask: Is crypto crime a growing cybersecurity threat?
KikyoTether is celebrating the 10th anniversary of its stablecoin, USDT, by releasing a documentary called Stability and Freedom in Chaos, highlighting its role in helping people facing inflation and economic challenges in countries like Turkey, Brazil, and Argentina. The film features personal stories and statistics showcasing how USDT has become vital for daily transactions and financial stability in these regions.
JoyChinese investors are shifting focus from cryptocurrencies to the rapidly rising stock market, driven by recent government stimulus measures. Despite a ban on crypto trading, demand for digital assets persists, evidenced by significant inflows into over-the-counter markets.
WeatherlyInstitutional interest in meme coins is rising, with TON launching Memelandia, a new platform aimed at fostering meme coin growth by leveraging Telegram's large user base.
CatherineThe surge in cryptocurrency investment in English football is driven by clubs seeking new funding sources as gambling sponsorship regulations tighten. Major partnerships are emerging, with crypto firms aiming to restore their reputations and engage a broader audience in the sport.
AnaisThe Monetary Authority of Singapore (MAS) is seeking industry feedback on new regulations for digital token service providers (DTSPs) under the Financial Services and Markets Act (FSM Act). DTSPs must obtain a license, comply with anti-money laundering rules, and demonstrate a substantial presence in Singapore to ensure regulatory compliance and market integrity.
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