The Bitcoin news category covers news related to the cryptocurrency Bitcoin (BTC) and its blockchain. You will see a compiled section of news solely dedicated to all things Bitcoin. Stay on track with the latest developments on Bitcoin. This includes updates in BTC price changes, Bitcoin market capitalization updates, breaking news on Bitcoin, and more.
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MicroStrategy has placed a large wager on Bitcoin, and the company’s founder and chairman, Michael Saylor, is not shy about praising the move. Saylor, using his twitter account, posted a comparison graphic highlighting the advantages of using Bitcoin as the X treasury reserve asset (TRA) compared to other major financial
In a move to combat the potential misuse of cryptocurrency by terrorist organizations, the United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert to financial institutions on October 20th. The alert specifically focused on the militant group Hamas, responsible for the October 7th attack on Israel. FinCEN
Multiple politicians have thrown their support behind 62-year-old Republican Representative Tom Emmer’s bid for the position of House Speaker. Emmer has previously expressed support for cryptocurrencies. After the first round of voting on October 17, Representative Patrick McHenry has continued to serve in the role on an interim basis. Speaker
This week witnessed a significant increase in the price of bitcoin, with an increase of over 11% taking it to about $30,000. Santiment, a blockchain analytics company, claims that the growing buildup of stablecoins like USDT, USDC, and BUSD likely contributed to this Bitcoin price spike. There was a significant
The Hong Kong Securities and Futures Commission (SFC) has said that it would revise its regulations concerning the sales and requisite of virtual currencies amid current market trends and demands from the industry. The SFC said on October 20 that under the new regulations, only institutional investors would be authorized
Bitcoin, the largest cryptocurrency by market capitalization, is currently experiencing bullish momentum. This uptrend was initially sparked by fake news that went viral, claiming an unverified approval of BlackRock’s iShares spot Bitcoin exchange-traded fund (ETF) by a popular news platform. As a result of this misinformation, it made a momentary
One of the Emirates of UAE, Ras Al Khaimah, is taking deliberate effort to broaden its financial landscape. The RAK Digital Assets Oasis (RAK DAO) is a new free zone in the emirate that aims to support and promote the digital and virtual asset industry. The goal of this project
Elon Musk’s Tesla maintained its Bitcoin holdings, according to the company’s quarterly financial report posted yesterday. At the present pricing, Tesla’s 9,720 Bitcoins are worth more than $275 million. Tesla has not modified its Bitcoin holdings during the previous several quarters. Investors have been on edge as they try to
The FDIC’s Office of the Inspector General published an evaluation on the FDIC’s crypto risk strategy. Two suggestions were submitted to the FDIC by the Office of the Inspector General, one of which was a method for monitoring crypto activity at regulated institutions. A news release states that the OIG
The pursuit for a Spot Bitcoin ETF has been a focal point of the crypto sector for the better part of 2023. The market was taken aback when conventional financial giants revealed their intentions by applying with the U.S SEC. Mike Novogratz, CEO of Galaxy Digital Holdings, has predicted that
