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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In a novel and innovative move, El Salvador is mining Bitcoin utilizing the strength of its volcanic landscape. While praising the country’s geothermal energy potential, President Nayib Bukele proposed a “rent your volcano to mine Bitcoin” initiative recently. El Salvador has used its natural resources, particularly its 170 volcanoes, to
Cantor Fitzgerald, a bond and financial services trading business in the United States, is allegedly in talks with Tether about launching a multibillion-dollar lending program backed by Bitcoin. Customers would be able to borrow money using Bitcoin as collateral under the proposed program. According to a Bloomberg article on Saturday,
The first bitcoin spot index options including a cash settlement will be introduced by Cboe Global Markets. Options based on the newly created Cboe Bitcoin US ETF Index, which will monitor the performance of spot bitcoin ETFs traded on U.S. exchanges, are set to debut on Monday, Dec. 2. Cboe
Robert Kiyosaki, an author and Bitcoin advocate, has spoken out against the Federal Reserve. In addition, Kiyosaki praised Michael Saylor’s Bitcoin approach, founder of MicroStrategy, for its ability to help investors avoid financial problems. It is worth mentioning that this statement is made after the author’s recent endorsement of Saylor’s
The cumulative total net inflow for U.S. spot bitcoin exchange-traded funds has surpassed $30 billion for the first time since debut in January. The strong market sentiment that followed former president Trump’s re-election has caused the bitcoin ETFs to see increased levels of trading activity and net inflows. Wednesday was
Market excitement was sparked by Senator Cynthia Lummis’ recent statement that increasing Bitcoin holdings might contribute to halving the US debt in 20 years. Notably, Lummis has been an outspoken advocate for Bitcoin, which has recently drawn a lot of interest from players in the cryptocurrency market. Despite this, the
US spot Bitcoin exchange-traded funds (ETFs) have achieved a historic milestone, surpassing $100 billion in total assets. This comes just ten months after their debut in January, marking one of the fastest fund category launches in history. Twelve spot Bitcoin ETFs, including products from BlackRock Inc. and Fidelity Investments, reached
A positive outlook for Bitcoin’s ability to reach $100,000 is indicated by MicroStrategy’s announcement that it has upped its forthcoming note offering to $2.6 billion. The biggest Bitcoin holder among corporations, MicroStrategy, is planning to acquire further BTC to the tune of $2.6 billion via zero-interest senior convertible notes. According
In an effort to take advantage of Bitcoin’s potential as a store of wealth and protection against inflation, Hoth Therapeutics, a biopharmaceutical business in the trial stage, has allocated up to $1 million in the cryptocurrency. In light of the increasing interest in Bitcoin after Donald Trump’s reelection as president.
Author Robert Kiyosaki of the best-selling “Rich Dad Poor Dad” book has given his stamp of approval to MicroStrategy cofounder Michael Saylor’s $13 million Bitcoin forecast. In his opinion, Saylor is correct. According to Kiyosaki’s latest social media post, Saylor is quite smart. The price of Bitcoin hit $94,040 on
