Bitcoin exchange-traded funds (ETFs) reached a historic milestone, with a total net asset value of $ 100 billion across the 12 ETFs. Bitcoin ETFs Hit $ 100 Billion, Representing 5.4% of Bitcoin Market Cap Bitcoin’s rally to a record $ 95,000 high on Wednesday saw bitcoin ETFs also hit a historic milestone …
Bitcoin (BTC) achieved a historic milestone, reaching an all-time high of $ 98,367 per coin, just 1.66% shy of the coveted $ 100,000 mark. Bitcoin Approaches $ 100K, Eyes Market Milestone On Thursday morning at 6 a.m. Eastern Time, the leading cryptocurrency bitcoin (BTC) rose 5.2% against the U.S. dollar in the …
The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases. El Salvador Could Increase Its Bitcoin Purchases Issuing Debt Bitcoin has […]
Bitcoin (BTC) reached an all-time high of $ 95,023 on Bitstamp today, gaining 4% against the U.S. dollar in the past 24 hours and 5.2% over the past week. With a market capitalization of $ 1.87 trillion, bitcoin now ranks as the seventh most valuable global asset, trailing Amazon. Bitcoin Hits $ …
According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $ 334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs The chatter on the onchain …
Acurx Pharmaceuticals Inc. has decided to take a bold financial step, pledging up to $ 1 million toward bitcoin (BTC) as a treasury reserve asset. This move signals a pivot in financial strategy for the late-stage biopharmaceutical company. Biopharma Firm Acurx Adopts Bitcoin for Treasury Strategy The board of directors at Acurx Pharmaceuticals (NASDAQ: …
Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner Canaan Bolsters U.S. Presence The announcement published on Wednesday says Canaan (Nasdaq: CAN) aims to reach a computing capacity of 10 exahash per second (EH/s) […]
Bitcoin (BTC) surged past $ 94,000 zone on Wednesday, marking a historic all-time high as it edges closer to the highly anticipated $ 100,000 milestone. The cryptocurrency is now less than $ 6,000 shy of the round-number six-digit mark, a target that has captivated analysts and investors alike. Over $ 94,000 …
Microstrategy Chairman Michael Saylor has agreed to deliver a three-minute presentation to Microsoft’s board of directors regarding the potential benefits of investing in bitcoin. During a recent X Spaces event hosted by Vaneck, Saylor revealed that he was approached by the National Center for Public Policy Research (NCPPR), which has been promoting the proposal. Saylor […]
Grayscale Investments has finalized reverse share splits for its Bitcoin Mini Trust ETF (BTC) and Ethereum Mini Trust ETF (ETH), effective Nov. 19, 2024. These splits adjust share prices relative to their net asset values, with BTC shares increasing fivefold and ETH shares rising tenfold, while reducing the number of outstanding shares proportionally. Fractional shares […]
A U.S. Space Force major aims to shape defense policy by advocating a national bitcoin reserve and highlighting proof-of-work technology’s role in strategic security. Jason Lowery Pushes for Bitcoin Strategy Role in National Security Council Jason Lowery, a major in the U.S. Space Force and a prominent advocate for bitcoin’s role in defense strategies, has […]
Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing U.S. Presence Compass Mining has announced the development of a bitcoin mining facility on a five-acre site in Iowa. The company plans to energize eight megawatts (MW) […]
On Tuesday, shortly before bitcoin (BTC) reached a lifetime high of $ 94,057 per coin, Rumble CEO Chris Pavlovski sparked interest on X. He posed a question to his 289,300 followers, asking whether Rumble should adopt bitcoin as a strategy and add it to its balance sheet. Michael Saylor Joins Rumble’s Bitcoin Treasury Debate: …
Andrew Tate, former kickboxer and social media personality, has made the case for investing in bitcoin over other assets, such as gold and real estate. On social media, Tate expressed worries about the size of his BTC stash, stating he had concerns about a few hundred BTC might not be enough. He declared that he […]
On Sunday, Nov. 17, at block height 870,770, a long-inactive bitcoin wallet—created on June 5, 2012—sprang to life, moving 400 BTC valued at $ 35.7 million. The individual behind the transaction might be the same entity that transferred bitcoin acquired in 2011 and 2012 just last month. 2012 Legacy Wallet Moves $ 35.7M, …