Utah's House Economic Development Committee has passed HB 230, a bill that permits the state to invest in cryptocurrencies. The measure was approved with an 8-1 vote on January 28 and will now be sent to the full House for consideration. If it gains approval from the House and the ...
Nuvve plans to invest up to 30% of its surplus cash into Bitcoin, as announced in a January 28 press release. This investment aims to diversify its treasury holdings and is part of the company's strategy to integrate Bitcoin as a payment option. The allocation is based on estimated six-month ...
The Czech National Bank (CNB) may become the first central bank in Europe to invest in Bitcoin to diversify the country's foreign exchange reserves. CNB Governor Aleš Michl is set to present the proposal for acquiring Bitcoin during the bank's board meeting on January 30, according to the Financial Times.If ...
CoinShares reported on January 27 that nearly $2 billion flowed into crypto investment products last week, bringing the total year-to-date inflows to $4.8 billion. Bitcoin remained dominant, capturing $1.6 billion, 92% of total crypto investment inflows last week. So far this year, Bitcoin has drawn $4.4 billion in investments. Meanwhile, ...
Ripple CEO Brad Garlinghouse responded to the accusations by Pierre Rochard, Vice President at Riot Platforms, that Ripple is leading a lobbying campaign to block the launch of the Strategic Bitcoin Reserve initiative in the United States. Garlinghouse argued that Ripple’s efforts could increase the likelihood of a Strategic Bitcoin ...
Goldman Sachs CEO David Solomon has dismissed the notion that Bitcoin could rival the U.S. dollar's dominance as the global reserve currency. In a CNBC interview, Solomon referred to Bitcoin as a speculative asset, recognizing its appeal but noting that it has less impact than the dollar. He emphasized his ...
Critical Metals Corp has unveiled a $500 million Bitcoin investment strategy, following the cryptocurrency treasury management approach pioneered by MicroStrategy. According to an official press release from the solid minerals mining company, it has secured through a financing agreement with JBA Asset Management following its Board of Directors's approval of ...
According to TheStreet Roundtable, Bitcoin surged past the $109,000 mark early Monday, setting a new all-time high. This milestone arrives at the beginning of a potentially turbulent week as President Trump begins his second term in office, following a weekend filled with significant cryptocurrency activity linked to Trump-related developments. Trump's ...
Lancashire Police have seized £28 million in assets from an international bitcoin fraud ring that exploited a flaw in an Australian cryptocurrency trading platform, according to the Lancashire Telegraph. The scam, which began in 2017, allowed ringleader James Parker, from Blackpool, to siphon off more than £20 million worth of ...
Texas Senator Charles Schwertner has proposed Senate Bill 778 (SB 778) to establish a Strategic Bitcoin Reserve, positioning the state as a leader in economic growth and financial freedom. If approved, Texas would become the first state in the U.S. to adopt this initiative, allowing it to acquire and hold ...
