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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Bitcoin price is exhibiting extreme volatility for the past week trading sideways at around the $100,000 price mark. While there is no significant price rise for the last 24 hours, market cap and trading volume are decreasing by 0.31% and 15.06% respectively. Meanwhile, Matrixport shared a report, estimating Bitcoin price
Microsoft’s recent shareholder meeting about cryptocurrency adoption in corporate finance. A request to allocate 1% of Microsoft’s total assets to Bitcoin (BTC) as a hedge against inflation received a 0.55% approval. Which shows shareholders skepticism about digital assets though they have their own. The Bitcoin Proposal The National Center for
Bringing its total Bitcoin holdings to 40,435 BTC, Bitcoin miner MARA has announced the acquisition of 11,774 BTC for $1.1 billion. Just one day after MicroStrategy, the public firm with the biggest Bitcoin holding, disclosed another acquisition, the Bitcoin miner—the second-largest public corporation in terms of Bitcoin holdings—made an announcement.
Changpeng Zhao (CZ), the CEO of Binance with his recent comment on Russia’s Bitcoin reserve proposal. When Russia suggested using Bitcoin as part of its national reserves to navigate geopolitical challenges. CZ posted a response saying “probably nothing” with two laughing emojis. This comment raised questions, especially since CZ has
Despite the wild swings in the cryptocurrency market, the BlackRock Bitcoin ETF (IBIT) managed to attract $358 million in new investors on Monday. Even though the price of Bitcoin dropped below $94,000 yesterday, IBIT’s dominating inflows persisted. Bitcoin fell more than 5% after rejection at $100,000 levels, causing altcoins to
In light of Bitcoin’s capacity to provide financial stability in the face of unstable fiat markets, Mayor Ken Sim of Vancouver, Canada, is encouraging the city council to investigate its incorporation into municipal financial policies. “Preserving of the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming A Bitcoin
Jetking Infotrain, a 77-year-old Indian IT training company. Which has become the first publicly listed Indian business to adopt Bitcoin as part of its corporate treasury strategy. Jetking Infotrain, originally founded in 1947 as Jetking Electronics and listed on the Bombay Stock Exchange in 1986. Which has taken a bold
The Royal Government of Bhutan has recently transferred 406.074 Bitcoin, valued at approximately $40 million, to cryptocurrency investment firm QCP Capital. This significant transaction, first identified by Onchain Lens, has sparked speculation that the funds may soon be sold. Bhutan’s Cryptocurrency Powerhouse Bhutan’s sovereign holding company, Druk Holdings, remains a
Riot Platforms, a Bitcoin miner, has stated that it would be raising $500 million to speed up its Bitcoin acquisition strategy. Convertible senior notes maturing in 2030 worth $500 million were proposed for private sale to eligible institutional investors by the company on Monday. Specifically, the aforementioned digital asset is
For the sixth week running, starting in early November, MicroStrategy has increased its Bitcoin purchases. The software firm raised its total Bitcoin holdings to 423,650 after announcing the acquisition of 21,550 BTC for $2.1 billion. Having achieved a BTC yield of 43.2% QTD and 68.7% YTD, MicroStrategy said in a
