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Suspicion surrounds mysterious $8.6 billion Bitcoin move
Conor Grogan, Head of Product at Coinbase, believes that there is a “small possibility” that the transfer of $8.6 billion worth of Bitcoin (BTC) on July 4 was a hack. […]
Mexican billionaire says sell your home, buy Bitcoin as fiat nears collapse
Mexican billionaire Ricardo Salinas has renewed his warning about the global fiat money system, urging ordinary people to sell their homes, buy Bitcoin (BTC) and gold, and brace for what […]
Russian defense conglomerate Rostec to launch ruble-pegged stablecoin on TRON
Rostec, the Russian defense and technology conglomerate, announced on July 3 that it will introduce a ruble-pegged stablecoin and a linked payment network this year, utilizing Tron infrastructure. According to the Russian news […]
Dormant Bitcoin holder moves $2 billion BTC from 2011 for potential 14,000,000% gain
Two Bitcoin wallets inactive for 14 years transferred a combined 20,000 BTC, valued at approximately $2.18 billion, on July 4. The transactions originated from separate addresses that held 10,000 BTC […]
BlackRock’s Bitcoin ETF rapidly climbs to third in revenue, nears top spot
BlackRock’s spot Bitcoin exchange-traded fund IBIT has become the asset manager’s third-highest revenue-generating ETF just 18 months after its launch, according to data shared by Bloomberg senior ETF analyst Eric […]
Russian insurers dive into crypto with Bitcoin-linked life policies
Two major Russian insurance firms, Renaissance Life and BCS Life Insurance, have launched investment life insurance policies (ILIPs) linked to Bitcoin, according to a July 2 local media report. According […]
Asian consortium led by Metaplanet, Sora Ventures targets Thai market with DV8 acquisition
A consortium led by the founding forces behind Japan’s Metaplanet, known as the “MicroStrategy of Asia,” announced plans on July 3 to acquire Thailand’s DV8 Public Company Limited through a […]
Pakistan’s energy optimization via Bitcoin mining gets 3 months trial after IMF’s partial rejection
The International Monetary Fund has declined to fully endorse Pakistan’s proposal for a subsidized electricity tariff aimed at powering Bitcoin mining operations, local media outlet Profit reported on July 3. […]
Arizona governor vetoes Bitcoin reserve fund bill for the third time
Arizona Governor Katie Hobbs has vetoed a proposed law establishing a state-run Bitcoin and digital assets reserve fund. On July 1, Governor Hobbs informed House Speaker Steve Montenegro in a […]
CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest
Bitcoin miner CleanSpark has reportedly received approval to build a new mining facility in Mountain City, Tennessee, local media outlet WCYB reported on July 2. According to the report, the […]