Once the target of significant enforcement actions, Binance reportedly plays an advisory role to nations exploring crypto strategies. Despite the criminal charges it faced in 2023, the exchange has shifted gears. In an interview with the Financial Times, CEO Richard Teng revealed that Binance is guiding governments and sovereign wealth ...
Oklahoma's proposed Strategic Bitcoin Reserve Act (HB1203) has stalled after narrowly failing to pass the Senate Revenue and Taxation Committee in a 6–5 vote. The bill sought to empower the State Treasurer to allocate up to 10% of select state funds—including the State General Fund, Revenue Stabilization Fund, and Constitutional ...
João Wedson, founder and CEO of Alphractal, hasweighed in on growing investor concerns surrounding Bitcoin’s next move and the potential timeline for an altcoin season. In a detailed update, Wedson said that a further drop below the 65,000 mark remains firmly on the table, pointing to several critical metrics that ...
Metaplanet has increased its Bitcoin holdings by acquiring an additional 319 BTC, raising its total to 4,525. This recent purchase, valued at around ¥3.78 billion ($26.3 million) at an average price of ¥11.85 million ($82,549) per Bitcoin, highlights the company's ambitious expansion strategy in the cryptocurrency market. The company currently ...
On-chain data from CryptoQuant suggests that Bitcoin might be approaching a bullish trend reversal. In an April 13 update, CryptoQuant contributor Joao Wedson pointed out the narrowing gap between Bitcoin’s futures price and spot price on Binance, known as the perpetual-spot gap, which reflects the difference between futures contract prices ...
New Hampshire has become the fourth U.S. state to advance Bitcoin reserve legislation, as House Bill 302 passed the state’s House on April 10 with a narrow 192-179 vote. This milestone follows strong support from the House Commerce and Consumer Affairs Committee, which had approved the bill with a decisive ...
Florida has become the latest U.S. state to take a significant step toward adopting Bitcoin as a strategic reserve asset. On April 10, House Bill 487 (HB 487) received unanimous approval from the House Insurance and Banking Subcommittee, signalling strong bipartisan support for the proposal. The bill titled "Investments of ...
Branta, a leader in advanced Bitcoin payment verification, has partnered with Amboss, a provider of payment operations solutions for the Bitcoin Lightning Network. This strategic alliance introduces an innovative risk management solution that enhances the security of irreversible Bitcoin transactions, addressing growing concerns about fraud and illegal activities. By integrating ...
Blockchain entrepreneur Charles Hoskinson, the founder of Cardano, has predicted that Bitcoin could reach as high as $250,000 by the end of this year or by 2026. He attributes this potential growth to increased adoption by major technology companies and the clarity provided by emerging regulations, which he believes will ...
The U.S. Dollar Index (DXY) decreased to 102.96 at press time due to renewed trade tensions under President Trump, causing global market unease. Axel Adler Jr. noted on X that Bitcoin's behaviour during the dollar's decline suggests a potential change in macro-crypto correlations. The U.S. Dollar Index fell to 102.96 ...
