A second Bitcoin reserve bill has been introduced in Georgia, allowing the state treasurer unrestricted authority to invest in Bitcoin. This follows the submission of a previous bill just 10 days earlier, indicating increased interest in cryptocurrency within the...
A report by 10x Research suggests that a significant portion of inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) is driven by short-term trading rather than long-term investment strategies. Since their launch in January 2024, these ETFs have attracted...
The global cryptocurrency market cap is $3.27 trillion, down 2.73% in the last 24 hours but up 57.23% from a year ago. Bitcoin (BTC) leads the market with a capitalization of $1.9 trillion, representing 58.15% of the total crypto...
HK Asia Holdings Limited has increased its Bitcoin holdings to nearly 9 BTC, just one week after its stock price doubled following its initial Bitcoin purchase. In recent announcement, the Hong Kong-based investment firm stated that its board had...
Michael Saylor, the co-founder and executive chairman of Strategy (formerly MicroStrategy), has hinted at resuming the company’s aggressive Bitcoin acquisition strategy following a brief one-week hiatus. This comes as the firm continues implementing its “21/21 plan,” a strategy focused...
Utah is on the verge of making history as the first U.S. state to hold Bitcoin as a reserve asset. The state’s proposed “Blockchain and Digital Innovation Amendments” (HB230) bill successfully passed the Senate Revenue and Taxation Committee on...
Russia's Bitcoin mining industry witnessed substantial expansion in 2024, with mining farms increasing by 7% to 136,600 nationwide, according to a report by the Russian newspaper Kommersant. Kommersant, citing data from MTS EnergyTool, stated that the country's total mining...
Braza Group has introduced BBRL, a stablecoin pegged to the Brazilian Real, on the XRP Ledger (XRPL) to enhance digital transactions in Brazil and South America. The company, ranked sixth in Brazil’s interbank market operations by the Central Bank...
Entrepreneur and former U.S. presidential candidate Vivek Ramaswamy has predicted that Bitcoin will gain prominence in corporate treasuries as "the era of easy money ends." In a February 18 post on X, Ramaswamy declared that companies must "rethink their...
The largest corporate holder of Bitcoin, Strategy, is bent on keeping that title as more companies join the club. The company announced on February 18 that it wants to raise $2 billion through zero-interest convertible notes in private offerings...
