Bitcoin has entered its seventh consecutive week of decline, currently trading around 78,000 naira, according to a March 11 report by market intelligence platform Santiment. The report noted that the downturn followed a profit-taking spree by major stakeholders on February 19, which triggered a sharp price drop. It also highlighted ...
Texas lawmakers have introduced a second Bitcoin reserve bill that would authorize the Comptroller to invest up to 250 million naira in Bitcoin or other cryptocurrencies. A document published on the Texas state government website on March 11 revealed the introduction of House Bill 4258. This follows Senate Bill 778, ...
Bitcoin's presence in financial markets is undeniably growing, yet its adoption remains relatively low, with just 4% of the global population holding the cryptocurrency. A recent study by River, a Bitcoin financial services firm, reveals that the United States leads in ownership, with around 14% of its population reported to ...
Bitcoin Magazine CEO David Bailey has hinted that the U.S. Department of Justice may be swiftly liquidating Silk Road BTC holdings. In a March 10 post on X, Bailey speculated that these liquidations could occur despite former U.S. President Donald Trump’s pro-Bitcoin stance, potentially contributing to the recent drop in ...
BBVA has received approval from the Spanish Securities and Exchange Commission (CNMV) to offer bitcoin and ether trading and custody services in Spain. This development allows the bank to begin its crypto offerings to retail customers, starting with a select group and expanding to all private clients in the coming ...
The U.S. Strategic Bitcoin Reserve, established by President Donald Trump, has failed to generate the anticipated market rally, according to a new report from crypto exchange Bybit and analytics firm Block Scholes. In a March 7 announcement on his official X account, White House AI and Crypto Czar David Sacks ...
El Salvador has increased its Bitcoin holdings by purchasing an additional 5 BTC, supplementing its usual acquisition of 1 BTC daily. This move comes just days after the Central American nation bought 5 BTC during a market dip. The country’s Bitcoin Office reported that the recent purchase brings El Salvador’s ...
Not long ago, Bitcoin was seen as a risky gamble—an unpredictable asset known for big price swings and constant threats of government crackdowns. Today, the story has changed. The cryptocurrency has gone from being a fringe idea to a serious topic of discussion around the world. People are now asking ...
United States President Donald Trump has signed an executive order to establish a Strategic Bitcoin Reserve. In a March 7 announcement on his official X account, White House AI and Crypto Czar David Sacks revealed that the reserve would be funded using Bitcoin seized through federal asset forfeitures, ensuring no ...
Bitcoin staking platform Solv Protocol has formed a strategic partnership with Soneium, an Ethereum Layer 2 blockchain backed by Japan’s Sony Group, to bring BTC staking to the network. Announced on March 6 via Solv Protocol’s official Medium page, the collaboration aims to strengthen the connection between Bitcoin and Ethereum’s ...
