Alpen Labs has introduced the Bitcoin Dollar (BTD), a Bitcoin-collateralized stablecoin created to uphold Bitcoin’s core values of decentralization, privacy, and permissionless access. The launch marks a significant step in developing censorship-resistant financial infrastructure, positioning BTD not as a corporate product but as a public good for the broader Bitcoin ...
Bitcoin surged to $98,933 on May 8, gaining 2.6% in just 24 hours, as investor sentiment improved following President Donald Trump’s announcement of an impending trade deal. This rally came shortly after Trump posted on Truth Social, revealing plans to hold a press conference in the Oval Office the following ...
New Hampshire has become the first state to sign into law a bill allowing businesses to hold Bitcoin as part of their cash reserves. Governor Chris Sununu officially enacted the legislation on May 6, 2025, marking a significant milestone for crypto adoption at the state level. The new law permits ...
Japanese investment firm Metaplanet has deepened its commitment to Bitcoin, announcing the purchase of an additional 555 BTC as part of its ongoing accumulation strategy. The move signals the company’s continued confidence in the long-term value of digital assets, particularly amid growing institutional interest in cryptocurrency. According to a disclosure ...
Bybit has released its latest crypto derivatives report in collaboration with Block Scholes, highlighting a six-day streak of gains in risk-on assets, primarily driven by positive signals surrounding potential US trade deals. This newfound market confidence, however, is tempered by persistent volatility, with traders remaining cautious as they continue to ...
Swiss National Bank (SNB) President Martin Schlegel publicly declared that cryptocurrencies, including Bitcoin, are unsuitable for inclusion in the country’s official reserve assets. At a financial conference, Schlegel emphasized that digital currencies' extreme price volatility and uncertain liquidity make them unreliable for safeguarding national monetary stability. “Cryptocurrencies are not currently ...
Bitcoin miners have yet to display any major signs of capitulation, with on-chain data consistently indicating a positive outlook, according to analysts at Bitfinex Alpha in a recent research report. Despite ongoing macroeconomic challenges and a 32% decline from Bitcoin's all-time high in 2024, analysts observed that miner reserves have ...
Florida has officially scrapped its plans to establish a Strategic Bitcoin Reserve, bringing an abrupt halt to legislative efforts that would have permitted the state to invest public funds in Bitcoin. The Florida Senate marked both House Bill 487 and Senate Bill 550 as “indefinitely postponed and withdrawn from consideration,” ...
Riot Platforms announced that it sold 475 BTC in April, generating $38.8 million in proceeds. This marked the largest single-month Bitcoin liquidation in the company’s history, as revealed in Riot’s monthly production and operations update. Of the 475 BTC sold, 463 were newly mined during April, with the remaining 12 ...
India’s Supreme Court has raised serious concerns over the country’s lack of oversight in Bitcoin trading, drawing comparisons between unregulated crypto transactions and a sophisticated form of Hawala. The observation came during a recent bail hearing in a crypto-related case, as reported by local media outlets. The bench, comprising Justices ...
