In a bold political and economic maneuver, US President elect Donald Trump is reportedly considering an executive order to designate Bitcoin as a U.S. reserve asset when he returns to office in 2025. This proposal, closely tied to the Dollar Stabilization Act, has sparked intense debate in the financial world ...
Moby, a crypto-based options protocol, has partnered with PumpBTC, a Bitcoin liquidity platform, to provide enhanced earning opportunities for Bitcoin holders. According to the announcement, this collaboration aims to combine Moby’s advanced options trading technology with PumpBTC’s liquid staking framework, offering improved yield potential for BTC investors. Moby is recognized ...
Zeus Network has officially launched ZeusNode, a new infrastructure built on the Solana Virtual Machine (SVM), to enhance Bitcoin liquidity on Solana’s blockchain. The network also unveiled its complete roadmap for integrating Bitcoin liquidity seamlessly, with the first epoch already underway. The Guardian program introduces two types of validators: regular ...
Remixpoint, a Japanese energy and automotive company, capitalized on the recent Bitcoin rally by acquiring 500 million yen (roughly $3.2 million) in BTC. In a recent company announcement, Remixpoint revealed that its latest purchase brings its total Bitcoin holdings to 250.13 BTC, valued at around 3.67 billion yen ($24.16 million) ...
Binance has released its Proof-of-Reserves (PoR) report for September 2024, and it reveals a big struggle for the cryptocurrency market during the month. The report marks the 23rd update on Binance's reserves and shows notable declines in Bitcoin, Ethereum, and Tether held by the exchange. According to the report, 9,577 ...
Recent data from blockchain analytics firm Arkham Intelligence reveals that a cryptocurrency wallet associated with the German government still holds approximately 38,488 Bitcoin (BTC), valued at about $2.19 billion. This substantial holding comes despite the German government's recent sales of Bitcoin, which have contributed to market volatility. Activity of the ...
Japanese investment firm MetaPlanet has significantly increased its Bitcoin (BTC) holdings, purchasing 42.47 BTC for over 400 million yen (approximately $2.8 million USD), according to a press release issued on Monday, July 8, 2024. This acquisition brings the firm's total Bitcoin assets to 203.743 BTC, valued at about 2.05 billion ...
On Wednesday, July 3, 2024, the 11 US-based spot Bitcoin exchange-traded funds (ETFs) experienced a modest daily net outflow of $20.5 million, according to data from Farside Investors. This development comes amid a notable decrease in overall trading volume. The day's trading activity was characterized by minimal movement across most ...
The U.S. spot Bitcoin ETF market began July with a significant boost, as net inflows reached a promising $129 million on the trading day ending Monday, July 1, 2024. According to data released by Farside Investments on Tuesday, July 2, Fidelity Investments' $FBTC led the charge with a $65 million ...
US Spot Bitcoin Exchange-traded funds (ETFs) have recorded positive net flows for three consecutive days, closing Wednesday, June 27, 2024, with a total net inflow of $21.5 million. This development marks a potential shift in investor sentiment towards these funds. According to data from SoSoValue, Fidelity Investments' $FBTC led the ...
