Tag: Bitcoin
For $561 million, MicroStrategy purchases more than 5,000 bitcoin, increasing its overall holdings to 444,262 BTC
In a post on X on Monday, Michael Saylor, the executive chairman and co-founder of Bitcoin stockpiler MicroStrategy, announced that the company had purchased an extra 5,262 shares for almost…
Hashdex and Franklin Templeton’s First Hybrid Bitcoin-Ethereum ETFs Are Approved by the SEC
The Securities and Exchange Commission (SEC) has officially authorized the first spot exchange-traded funds that include Bitcoin and Ethereum, following a number of thorough reviews that began in June of…
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…
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…
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…
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…
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…
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…
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,…
For USDC holders, Coinbase Wallet offers a 4.7% APY return
A new reward system for the USD-pegged stablecoin was unveiled by Coinbase Wallet, the digital wallet platform owned by the massive cryptocurrency exchange Coinbase. The Coinbase-incubated Layer 2 network Base…
As Justin Sun takes control of the system and introduces its own wrapped bitcoin currency, Coinbase will delist wBTC
On Tuesday, Coinbase declared that it will stop trading wrapped bitcoin, or wBTC, the following month. The biggest tokenized form of Bitcoin that is traded on Ethereum and other blockchains…
Wall Street behemoths are buying up MicroStrategy stock as it has outperformed bitcoin so far this year
Since August 2020, when business intelligence firm MicroStrategy emerged as the largest corporate holder of bitcoin, it has been regarded as a kind of proxy for the cryptocurrency. Following a…
Bitcoin Depot, a crypto ATM provider, reported $135.3 million in sales for the third quarter
The financial figures for the third fiscal quarter of 2024 were made public by Bitcoin Depot, a crypto ATM manufacturer with headquarters in Atlanta. The company reported $135.3 million in…