Bitcoin's Wild Week: Investments, Debates, and Political Ties

Big Money Moves In

Bitcoin had quite the week, with significant financial shifts and expert opinions clashing.

Strive, Inc. Secures $37 Million Investment

• Strive, Inc., a Bitcoin-focused company, received a massive $37 million investment from a Canadian pension fund.
• The fund now owns a substantial portion of Strive's shares, signaling growing institutional interest in Bitcoin.

Expert Clash: Loyalty vs. Skepticism

Peter Schiff Challenges Bitcoin Enthusiasts

• Economist Peter Schiff questioned Bitcoin supporters: "How low must the price go before you admit I was right about its instability?"
• Most respondents answered "0", showing unwavering faith in Bitcoin.

Tim Draper's Bold Prediction

• Venture capitalist Tim Draper believes Bitcoin could replace banks and governments.
• He argues that Bitcoin has strong momentum, with many talented developers working on its technology.

Politics and Bitcoin: A Growing Influence

U.S. Crypto Investors and Presidential Preferences

• In 2025, most U.S. crypto investors supported Donald Trump's digital asset policies.
• Eric Trump, the former president's son, defended Bitcoin, calling it the best-performing asset of the past decade—an 180% gain in just two years!

The Ongoing Debate

Despite its potential, Bitcoin remains volatile, and its long-term success is still up for debate. The conversation continues, and only time will tell who is right.