Two of the largest investment firms in Abu Dhabi have significantly increased their Bitcoin holdings through BlackRock’s iShares Bitcoin Trust (IBIT). Mubadala Investment Company has increased the number of shares in IBIT to around 12.7 million as of December 31, 2025. The investment firm’s stake in IBIT has increased by
Kevin O’Leary, a Shark Tank investor and a Bitcoin supporter, warned that the price of Bitcoin could crash due to quantum computing. O’Leary said that quantum computers could break the cryptographic security of Bitcoin faster than programmers can enhance the security measures. Currently, Bitcoin’s encryption is based on mathematical problems
Steak ‘n Shake has incorporated Bitcoin payments at some of its restaurants in the U.S. through a collaboration with payment network Flexa. Customers at these restaurants are able to make payments using Bitcoin through app-based checkout options. The restaurant chain explained that the incorporation of Bitcoin payments is part of
YouTube personality and entertainer Logan Paul has broken the record by selling his rare Pikachu Illustrator Pokémon card for a staggering $16.49 million at an auction. The online auction house Goldin hosted the event after a 42-day bidding process that garnered huge interest. The rare card, graded PSA 10 with
The parent company of Truth Social filed a document with the Securities and Exchange Commission for listing two cryptocurrency exchange-traded funds. The documents indicate that the two funds will track the price movements of Bitcoin and Ether tokens. FMWA Funds is the sponsor of the two ETFs and will be
Brazil’s Congress has recently proposed a bill to purchase a strategic reserve of 1 million Bitcoins. The Lawmakers proposed implementing the bill over five years through gradual Bitcoin purchases. The official draft of this bill is known as the Bitcoin Strategic Reserve Act. It extends previous ideas of utilizing foreign
Danske Bank has introduced cryptocurrency-related investment products to its trading platform, allowing customers to gain exposure to Bitcoin and Ethereum through exchange-traded products. The move comes from higher client demand and clearer regulations in Europe. Danske eBanking and Danske Mobile Banking customers can invest in ETPs, which track both Bitcoin
Grayscale Investments released a research report highlighting Bitcoin’s recent correlation with technology stocks rather than precious metals. The firm said Bitcoin’s short-term price behavior resembles that of high-growth tech equities. Bitcoin’s decline below $60,000 on February 5 aligned with broader tech sector sell-offs. The research noted that Bitcoin’s peak above
An activity has been witnessed in a Bitcoin wallet associated with an alleged ransom demand in the high-profile vanishing of 84-year-old Nancy Guthrie, the mother of NBC Today co-anchor Savannah Guthrie. TMZ affirmed on February 10 that for the first time since the ransom note was received, there has been
Changpeng “CZ” Zhao, co-founder of Binance, has pushed back sharply against critics blaming the exchange for trading losses. In a series of posts on X, Zhao argued that traders and commentators often shift responsibility when markets turn red, instead of owning their decisions. Zhao said that negative narratives around Binance
