Bitcoin

Texas Proposes Strategic Bitcoin Reserve Bill

Texas state Senator Charles Schwertner has introduced Senate Bill (SB 778), a proposal to establish a Strategic Bitcoin Reserve for the Lone Star State....

Osprey Funds Plans to Convert Bitcoin Trust into ETF

Osprey Funds has announced plans to convert its Osprey Bitcoin Trust (OBTC) into an exchange-traded fund (ETF), following the termination of a deal for...

Italy’s Largest Bank Invests $1M in Bitcoin

Italy’s largest bank, Intesa Sanpaolo, has made its first foray into the cryptocurrency market by purchasing 11 Bitcoin (BTC) worth €1 million ($1.02 million)...

MicroStrategy Surpasses 450,000 Bitcoin as It Buys the Dip

MicroStrategy has crossed a major milestone in its Bitcoin holdings, acquiring an additional $243 million worth of BTC, bringing its total to over 450,000...

BlackRock Launches New Bitcoin ETF on Cboe Canada

Global asset management giant BlackRock has introduced a new Bitcoin exchange-traded fund (ETF) on Cboe Canada, offering Canadian investors simplified access to Bitcoin investments. Key...

New Hampshire and North Dakota Propose Strategic Bitcoin Reserves

Two U.S. states, New Hampshire and North Dakota, have introduced legislation aimed at establishing strategic Bitcoin reserves. This move reflects a broader push among...

CleanSpark Becomes the Fourth Bitcoin Miner to Hold Over 10,000 BTC

CleanSpark, a prominent U.S.-based Bitcoin mining firm, has reached a significant milestone by holding 10,097 Bitcoin (BTC) in its treasury. This achievement makes CleanSpark...

Could Block Become the First S&P 500 Bitcoin Pioneer?

Financial services and digital payments firm Block Inc. may become the first company in the S&P 500 with an explicit Bitcoin strategy, according to...

Thai Police Seize Nearly 1,000 Bitcoin Miners in Electricity Theft

Thai authorities recently confiscated 996 Bitcoin mining rigs from a facility in Phanat Nikhom, Chon Buri, following allegations of electricity theft. According to reports...

Bitcoin ETFs See Record Rebound With $908 Million Inflows on Friday

Bitcoin exchange-traded funds (ETFs) experienced a sharp recovery on Friday, pulling in $908.1 million—their strongest single-day inflow since late November, according to U.K.-based asset...

Bitcoin Needs Trading Volume Surge to Break $105K in January

Bitcoin is poised for a potential recovery rally in January 2025, but low trading volumes could pose a significant challenge to surpassing the $105,000...

Bitcoin Network Processes $19 Trillion in Transactions During 2024

The Bitcoin network recorded a remarkable $19 trillion in transactions in 2024, more than doubling the $8.7 trillion settled in 2023. This achievement reversed...