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Bitcoin reclaims $88k to reverse the day’s losses amid market turbulence
Bitcoin (BTC) climbed back to $88,900 on March 5 after dipping to a daily low of $81,500 earlier in the day, recovering most of the losses recorded over the past […]
El Salvador buying or mining more Bitcoin could cost country $3.5 billion in IMF funding
The International Monetary Fund (IMF) has approved a new 40-month arrangement under the Extended Fund Facility (EFF) for El Salvador, providing access to approximately $1.4 billion to boost the country’s […]
Crypto traders lose nearly $1 billion as US-China trade war overshadows Trump’s crypto reserve initiative
Bitcoin surged to a high of nearly $95,000 following President Donald Trump’s announcement of a crypto strategic reserve during the weekend. However, the gains quickly evaporated as escalating trade tensions […]
Saylor predicts Bitcoin’s monumental rise under Trump’s crypto initiative
Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor voiced strong support for President Donald Trump’s proposed strategic crypto reserve, calling it potentially “the greatest economic program of the 21st century.” In […]
How Bitcoin donations can transform global aid and reduce your tax bill
If you want to reduce the capital gains tax on your crypto this tax season, you can donate to Save the Children. Crypto donations help this 100-year-old charity provide vital […]
Arizona Senate advances bills for state-managed Bitcoin reserves
The Arizona Senate took a significant step toward modernizing state finance by advancing two crypto reserve bills that could lead to state-managed digital asset funds on Feb. 27. Lawmakers have […]
BlackRock adds Bitcoin exposure to model portfolio via IBIT
BlackRock incorporated Bitcoin (BTC) into its $150 billion model-portfolio offerings through its iShares Bitcoin Trust ETF (IBIT) exchange-traded fund (ETF), Bloomberg News reported on Feb. 28. The asset manager has […]
Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor voting
The Texas Senate Banking Committee unanimously approved a bill on Feb. 27 to create a state-managed Bitcoin (BTC) and crypto reserve, sending the proposal to the full Senate for consideration. […]
Cybercriminals ditch Bitcoin for stablecoins as illicit trades potentially surpassed $51 billion in 2024 – Chainalysis
Illicit crypto transactions exceeded $51 billion in 2024, significantly higher than previous estimates due to underreporting, according to blockchain analytics firm Chainalysis. The findings, published in the company’s latest Crypto […]
Hedge funds and RIAs boost Bitcoin exposure to $34.3B, up 357% in 2024
A recent report by River revealed that hedge funds and registered investment advisors’ (RIA) exposure to Bitcoin (BTC) via exchange-traded products (ETF) reached $34.3 billion as of Dec. 31, showing […]