Tag: BTC

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US Montana Lawmakers Push Back Against Bitcoin Reserve Bill

Montana lawmakers voted 41-59 against letting Bitcoin into state reserves. Lawmakers rejected the bill due to concerns about its volatility and taxpayer risk. Montana's...

El Salvador Purchases 2 More Bitcoin After IMF Deal

El Salvador revoked Bitcoin's legal tender status due to IMF pressure. Despite the transition, the country continues to increase its BTC reserves. Currently in...

Bhutan Transfers 633 Bitcoin During Price Surge

Bhutan transfers 633 BTC, sparking concerns over potential market implications. Bhutan adopts Bitcoin mining into its economy, increasing public salaries. On 17 January 2025,...

Bhutan City Embraces Bitcoin, Ethereum, and BNB Reserves

Gelephu City's strategic reserves include BTC, ETH, and BNB. New laws provide clear regulatory frameworks to encourage blockchain usage. Gelephu Mindfulness City, a special...

U.S. Spot Bitcoin ETFs Hit Record $1 Billion Inflows

Bitcoin ETFs see record $1 billion inflows as Bitcoin reaches $102K. Spot Bitcoin ETFs offer easily accessible, regulated exposure to Bitcoin. The spot Bitcoin...

Nasdaq ISE Seeks Tenfold Boost in Bitcoin ETF Options

Nasdaq recommends raising the Bitcoin ETF options limit to 250,000 contracts. The SEC has 45 days to make decisions on Nasdaq's proposal for...

Michael Saylor Suggests Innovative Bitcoin Key Burning

Burning Bitcoin keys could reduce supply and increase value. Saylor's view sparked debate about Bitcoin's deflationary future. The chairman of MicroStrategy and strong Bitcoin...

Bitwise CEO Predicts Major Bitcoin Adoption by 2025

Bitwise ETF focuses on enterprises having treasury reserves of 1,000 BTC or more. MicroStrategy is the leader in corporate Bitcoin adoption, with over...

Bybit Block Scholes Report Signals Calm Before Expiry

BTC and ETH options expirations may cause volatility. Short-term options lag behind actual volatility movements. Bybit, the world's second-largest cryptocurrency exchange by trading volume,...

Japan Dismisses Idea of Adding Bitcoin to Reserves

Japan rejects Bitcoin reserves over safety and volatility concerns. Private companies such as Metaplanet promote Bitcoin adoption despite government caution. Japan has, in effect,...

Metaplanet Makes Waves with Massive 620 Bitcoin Purchase

Metaplanet acquired 620 BTC for $60M, increasing its holdings to 1,762 BTC for $168M. The company intends to create Bitcoin management as a...

Bitcoin Miner Riot Platforms Expands BTC Holdings with $67M Buy

Riot Platforms purchases 667 BTC for $67.5M, raising its holdings to 17,429 BTC. Riot's Bitcoin holdings are now worth roughly $1.8B, strengthening its...