Tag: bitcoin

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Oklahoma House Approves Bitcoin Reserve Bill in Landslide

Oklahoma connects with states investing in Bitcoin as a hedge against inflation.  The law reflects the growing national interest in state Bitcoin reserves. The...

BlackRock Introduces Bitcoin ETP in Europe

Story highlights BlackRock launches Bitcoin ETP in Europe for investors. Lower fees attract investors to BlackRock’s Bitcoin ETP. Bitcoin ETF IBIT reaches $50 billion...

Metaplanet Adds 150 BTC, Total Holdings Reach 3,350 Bitcoin

Story Highlights Metaplanet adds 150 BTC, boosting holdings to 3,350 Metaplanet sets goal to buy 10,000 BTC by 2025 The firm adopts Bitcoin strategy...

Bhutan Government Moves 720 BTC Amid Market Surge

Bhutan transfers 721 BTC, worth $63.24M, as Bitcoin recovers to $87,940 following a downturn.  The government owns 10,070 BTC and mines Bitcoin with...

Dormant Bitcoin Whale Awakens Moving $250M After Years

Story Highlights A dormant Bitcoin whale shifted $250M after eight years of inaction.  The BTC was first purchased in 2016, when prices were about...

IMF Integrates Cryptocurrencies into Global Balance of Payments

Story Highlights IMF acknowledges Bitcoin as a non-produced, non-financial asset. Staking rewards are classified as equity dividends under the new system. IMF paper offers...

Trump Media Launches New SPAC to Acquire Crypto Firm

Story Highlights Trump Media files a SPAC to raise $179M for cryptocurrency purchases. The firm bought Bakkt and planned its trading platform, TruthFi. Bitcoin...

North Carolina Eyes Bold 10% Bitcoin Investment Plan

Story Highlights  North Carolina's SB327 proposes a 10% Bitcoin allotment for public funds. The state treasurer will place holdings in multi-signature cold storage. Monthly...

Metaplanet Boosts Bitcoin Holdings During Market Dip

Story Highlights Metaplanet issues zero-interest bonds to purchase more Bitcoin. The corporation now possesses 3,200 BTC, worth over $265 million. Metaplanet is the 10th...

Bitcoin Bull Cycle Is Over, Says CryptoQuant CEO Ki Young Ju

Story Highlights Bitcoin bull cycle is over, warns CryptoQuant CEO Ju. Ju predicts Bitcoin’s bearish or sideways trend for months. Ju holds Bitcoin but...

Strategy Adds 130 BTC, Achieves 6.9% BTC Yield YTD

Story Highlights Strategy acquires 130 BTC for $10.7M at $82,981 per coin. The company holds 499,226 BTC, purchased for $33.1B at $66,360 each. Michael...

South Korea Rejects Bitcoin Reserves Over Volatility Concerns

Story Highlights Officials rejected Bitcoin as a foreign reserve due to concerns about its volatility and liquidity. The political push for crypto reserves continues,...