Bedrock has introduced brBTC, a new Bitcoin derivative, to enhance Bitcoin's role in decentralized finance (DeFi). Integrated into Bedrock's Liquid Restaking Token (LRT), brBTC addresses key challenges in the DeFi space, including fragmented liquidity and limited yield opportunities. By...
Japanese investment firm Metaplanet has secured 9.5 billion yen (approximately $60.6 million) through two bond issuances to bolster its Bitcoin acquisitions. In a December 20 X post, the Tokyo-listed company announced it successfully raised 5 billion yen (approximately $31.9...
OKX has introduced the Ordinals Launchpad, a new platform designed to help creators seamlessly launch and inscribe their projects directly on the Bitcoin blockchain. The platform equips creators with essential tools, visibility, and technical support to streamline the Bitcoin...
The total value of Hut 8’s Bitcoin holdings now exceeds $1 billion following a $100 million purchase. In a December 19 press release, the Bitcoin miner revealed that it had acquired 990 BTC at an average price of $101,710 per...
El Salvador has reached a $1.4 billion financing agreement with the International Monetary Fund (IMF) under a 40-month Extended Fund Facility. The deal, aimed at addressing the country's balance of payment challenges and advancing its reform agenda, comes with...
Bitfinex predicts Bitcoin will reach $200,000 by mid-2025, following a year filled with significant milestones, including the launch of the first-ever spot crypto ETF. A recent report indicates that Bitcoin's halving event in 2024 typically signals a bullish market...
Bitcoin's trajectory has been extraordinary. From its obscure beginnings in 2009 to reaching over $100,000 in early December 2024, this digital currency has evolved from a tech curiosity into a globally recognized financial asset. Its meteoric rise has drawn...
In a bold political and economic maneuver, US President elect Donald Trump is reportedly considering an executive order to designate Bitcoin as a U.S. reserve asset when he returns to office in 2025. This proposal, closely tied to the...
Japanese consulting firm Remixpoint has increased its crypto holdings to $27.59 million following a $1.38 million Bitcoin purchase, according to Yahoo Japan. The company, which operates in the energy and automotive sectors, reportedly acquired an additional 13.24 BTC on...
Ken Sim, the mayor of Vancouver, has proposed that the city explore integrating Bitcoin into its financial systems as a potential strategy to combat inflation and safeguard its purchasing power. On December 11, Mayor Sim introduced a motion titled...
