Investment manager BlackRock purchased $1 billion worth of Bitcoin (BTC) last week, bringing the total market value of its Bitcoin investments to $60.6 billion. This milestone was significantly influenced by its largest Bitcoin purchase of […]
Brian Armstrong, CEO of Coinbase, has called Bitcoin a better form of money than gold, citing its scarcity, portability, divisibility, utility, and performance. Armstrong’s comments followed the South African Reserve Bank (SARB) Governor Lesetja Kganyago’s […]
Crypto markets will witness nearly $4 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expire today. Market watchers are particularly attentive to this event due to its potential to influence short-term trends through the […]
Pierre Rochard, Vice President of Research at Riot Platforms, has alleged that Ripple poses the greatest challenge to establishing a Strategic Bitcoin Reserve (SBR). According to Rochard, Ripple’s resistance stems from its vested interest in […]
Nasdaq has submitted a proposal to the US Securities and Exchange Commission (SEC) to enable in-kind creation and redemption for BlackRock’s iShares Bitcoin ETF (IBIT). This request, filed on January 24, seeks to amend the […]
MicroStrategy, the software company turned Bitcoin juggernaut, is grappling with an unexpected tax conundrum. Its $47 billion Bitcoin (BTC) holdings — comprising $18 billion in unrealized gains — place it squarely in the crosshairs of […]
The Bank of Japan (BOJ) announced a historic 25 basis point (bp) hike, raising its benchmark lending rate to 0.5%, the highest since 2008. Though widely anticipated, this move has traders and investors on the […]
Tron founder Justin Sun has declared that Wrapped Bitcoin (WBTC) has effectively become the United States’ national Bitcoin reserve. The statement comes amid an inadvertent feud between two Bitcoin wrappers- Bitgo’s WBTC and Coinbase’s cbBTC, […]
Larry Fink, CEO of BlackRock, discussed the potential for Bitcoin (BTC) to reach values of $500,000, $600,000, or even $700,000 per coin. He explained how institutional adoption could significantly impact Bitcoin’s price, suggesting that it […]
Elon Musk, who leads President Donald Trump’s Department of Government Efficiency (D.O.G.E), has committed to exploring the pardon of ‘Bitcoin Jesus’ Roger Ver. It comes after US President Trump recently granted Ross Ulbricht, the founder […]
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