Fri, January 3

India Bitcoin Reserve Adopted By Jetking Regardless of 30% Taxes

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

December 10, 2024 2 mins read

Bhutan Transfers $40 Million in Bitcoin

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

December 9, 2024 2 mins read

Riot Platforms Announces $500M Fundraising to Accelerate BTC Acquisition

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

December 9, 2024 1 min read

MicroStrategy Boosts Bitcoin Holdings With Latest $2.1B Acquisition

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

December 9, 2024 1 min read

El Salvador May Amend Bitcoin Policy Amid $1.3B IMF Loan Talks

Under pressure from the International Monetary Fund (IMF), El Salvador, the world’s first government to adopt Bitcoin as legal cash, is allegedly reducing its BTC aspirations. According to the Financial Times, which cited sources familiar with the situation, El Salvador is reportedly planning to amend its Bitcoin policy in exchange

December 9, 2024 2 mins read

The World Is Under-Allocated to Bitcoin, says Steve Witkoff

The Bitcoin MENA (Middle East and North Africa) conference in Abu Dhabi. Has recently got attention for its cutting-edge discussions on cryptocurrency especially Bitcoin and for the influential personalities. From prominent crypto figures like Binance’s CZ to Elon Musk were expected to attend and key members of Donald Trump’s inner

December 9, 2024 2 mins read

Bitcoin (BTC) Reclaims $100K as Bulls Take Charge

Bitcoin (BTC) reclaimed the $100,000 milestone, rising 0.51% over the last 24 hours to reach $100,208.88. This price rally has driven Bitcoin’s market capitalization to $1.98 trillion, which accounts for 53.8% of the global crypto market cap.  The crypto market as a whole grew by 0.40% in the same period,

December 8, 2024 2 mins read

Is Bitcoin (BTC) Poised for a Major Bullish Breakout?

Bitcoin (BTC) currently trades at $99,646.29, marking a 1.38% increase in the past 24 hours. Its market cap stands at $1.97 trillion, with a 4.23% volume-to-market cap ratio. Trading volume surged by 32.01% over 24 hours, reaching $83.23 billion.  Whale accumulation remains strong as 20,000 BTC, valued at $2 billion,

December 7, 2024 2 mins read

El Salvador Reaps Rewards as Bitcoin Breaks $100K

Bitcoin’s meteoric rise continued as the cryptocurrency hit a historic milestone of $100,000 for the first time on December 6, 2024. The digital asset surged to a high of $103,620, marking a significant achievement for both the market and those investing in it, including El Salvador. The Central American nation,

December 6, 2024 2 mins read

Are Bears Gaining Control as Bitcoin Drops Below $100K?

The crypto market faced significant turmoil as Bitcoin’s price dropped below $95,000 after reaching $100,000. Bitcoin is trading at $98,161.25, marking a notable 5.10% decline in a single day.  Bitcoin’s market cap stands at $1.94 trillion.  The 24-hour trading volume stands at  $130.86 billion, up 17.68% from the previous day.

December 6, 2024 2 mins read
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