Category: Bitcoin
In order to purchase more bitcoin, Japan’s Metaplanet raises $61 million with bonds
In an effort to speed up bitcoin purchases, Japanese investment firm Metaplanet Inc. issued two tranches of bonds this week, raising 9.5 billion yen ($60.6 million). The Tokyo-listed company reported…
Michael Saylor, the inventor of MicroStrategy, proposes a “strategic bitcoin reserve” sponsored by Trump to establish industry standards for the cryptocurrency space
In a digital asset policy proposal released on Friday, Michael Saylor, the founder of MicroStrategy, has endorsed President-elect Donald Trump’s strategic bitcoin reserve. The so-called “Digital Assets Framework” also outlines…
MARA and Hut 8, two bitcoin miners, keep adding additional cryptocurrency to their holdings
As the industry continues to adapt to the post-halving future, Bitcoin miners have been using millions of dollars’ worth of the largest cryptocurrency in the world in recent weeks in…
In a $1.4 billion IMF agreement, El Salvador will stop using the Bitcoin wallet Chivo
Bitcoin-friendly country As part of the conditions to obtain a $1.4 billion loan from the International Monetary Fund, El Salvador will either sell or sunset its Chivo cryptocurrency wallet and…
Riot Platforms increases its bitcoin holdings to 17,429 BTC through additional purchases
Riot Platforms has increased its holdings of bitcoin using the money raised from a recent sale of convertible senior notes. By using the extra money from Riot’s $594 million, 0.75%…
The total net inflows into US spot Bitcoin ETFs have surpassed 500,000 BTC
Less than a year after trading started on January 11, the 12 U.S. spot Bitcoin exchange-traded funds had combined net inflows of over 500,000 on Wednesday. Over 500,000 BTC has…
Riot intends to offer $500 million in convertible notes to finance the purchase of bitcoin
Riot Platforms, a Bitcoin infrastructure company, has announced plans to raise $500 million for institutional investors through convertible senior notes in a private sale. This choice was made as other…
Another 21,550 bitcoins are purchased by MicroStrategy for almost $2.1 billion
MicroStrategy, a business analytics provider, revealed on Monday that between December 2 and December 8, 2024, it paid almost $2.1 billion in cash for about 21,550 bitcoin. The average purchase…
El Salvador intends to relax the requirements for accepting bitcoin in order to release $3 billion in loans: report
El Salvador is to relax a rule requiring local companies to take bitcoin. The Financial Times, citing unnamed sources, said the action is being taken to obtain loans totaling more…
Unknown addresses receive $33 million in cryptocurrency that the US government confiscated from FTX: Arkham
The U.S. government has transferred over $33.6 million in cryptocurrency to two unnamed addresses from its wallet, which contained a portion of the money taken from the defunct cryptocurrency exchange…
Following Trump’s victory, Bitcoin reaches the $100,000 milestone, indicating ongoing optimism in the cryptocurrency space
During a sustained run, Bitcoin broke beyond the $100,000 barrier late Wednesday night, reaching a new all-time high. The top cryptocurrency by market capitalization rose by about 6% over the…
Prior to ‘Spiderchain’ going live in 2025, Botanix Labs is launching the last testnet for its Bitcoin Layer 2
In a statement released on Wednesday, Botanix Labs announced the launch of a new testnet for their “Spiderchain” Bitcoin Layer 2. A number of “pre-mainnet” applications, such as new versions…
Of the 17 cryptocurrency companies being investigated for tax evasion in India, Binance is at the top
A Binance group company contributed the majority of the ₹824.14 crore ($96 million) in GST evasion by cryptocurrency exchanges, according to Minister of State for Finance Pankaj Chaudhary, who was…
By 2025, Singapore’s DTCpay will use stablecoins in favor of Bitcoin and Ethereum
DTCpay, a cryptocurrency payment company based in Singapore, plans to phase out transactions involving Bitcoin (BTC) and Ethereum (ETH) by the end of 2024 and switch completely to stablecoins by…
MicroStrategy Makes Another $1.5 Billion Purchase to Continue Their Bitcoin Buying Spree
MicroStrategy has once again made headlines by acquiring a significant amount of Bitcoin (BTC), a move that has become nearly habitual. According to a Form 8-K filed with the U.S….
Bitcoin Will Be Available Through Metaplanet’s Shareholder Reward Program
On Tuesday, the Japanese investment company Metaplanet revealed a shareholder reward scheme that will use a lottery to provide Bitcoin awards. The initiative highlights Metaplanet’s dedication to increasing shareholder value…
Will Bitcoin crash? According to Robert Kiyosaki, Bitcoin will drop to $60k
The study by the author of “Rich Dad Poor Dad” coincides with growing market conjecture over Bitcoin’s next significant price shift. Through X, Kiyosaki expressed his outlook on the market…
Following a $300 million theft, the Japanese exchange DMM Bitcoin will close and move its assets to an SBI Group company
The May attack that caused losses of over $300 million has led to the closure of the Japanese cryptocurrency exchange DMM Bitcoin. The exchange’s assets will be purchased by SBI…
$3.6 billion was spent on infrastructure by prominent Bitcoin miners
TheMinerMag reported that major companies in the Bitcoin mining and cryptocurrency space released their financial results on November 28. The majority of publicly traded companies have obtained $5 billion in…
CBOE reports that spot bitcoin ETF index options will launch in December
The first cash-settled index options based on the spot price of bitcoin will be introduced by Cboe Global Markets. These options, which are set to debut on Monday, December 2,…