Florida has taken its first legislative step toward holding Bitcoin as a state reserve asset. On April 10, the House Insurance and Banking Subcommittee unanimously passed House Bill 487 (HB 487). This rare bipartisan support positions Florida alongside states like Arizona and New Hampshire in the Bitcoin reserve race. Titled
Background of Bitcoin Bonds Donald Trump’s aggressive tariff strategy has reverberated across the global economy, unleashing significant volatility in financial markets. As a high-risk asset, cryptocurrency has proven particularly vulnerable to these disruptions. Under the weight of Trump’s tariff policies, Bitcoin’s price plummeted to a low of approximately $74,500 YTD
With the US Federal Reserve announcing CPI data, investors expected the crypto market to react positively. However, the leading cryptocurrency Bitcoin fell modestly to the $80K range. Meanwhile, within the regulatory sector, several advancements occurred. US President Donald Trump signed a recent crypto bill that repels the IRS DeFi broker
This past week has been centered around the USA’s worldwide tariff negotiations. While the crypto market took its biggest hit on Monday, it has spent the two days struggling to stage a rebound. However, at the time of the press, the market has not yet recovered. On a positive note,
Bitcoin climbed 3.35% in the last 24 hours, now trading at $79,868.38. Its market capitalization surged to $1.58 trillion, tracking the wider crypto market’s 3.38% daily rise. Meanwhile, Bitcoin’s share of the total $2.53 trillion crypto market cap remains dominant. However, trading volume slid 6.75% to $67.22 billion, suggesting less
In the last 24 hours, the cryptocurrency market has seen a modest price increase of 0.85%. While international tensions rise in the economic sector, investors watch with bated breath how the digital assets will react. However, so far the external factors have not caused any outcomes in cryptocurrency prices. Notably,
Metaplanet, also referred to as “Asia’s MicroStrategy,” added another 160 BTC worth $13.3 million to the Bitcoin stack. It appears that the Japanese firm is going all in on Bitcoin. The company acquired 696 Bitcoins worth $67.8 million on April 1st which made it the 9th-largest corporate holder of Bitcoin.
Metaplanet Inc., a Japanese investment firm, has acquired an additional 696 BTC through cash-secured put options. This purchase brings its total Bitcoin holdings to 4,046 BTC, worth approximately $340 million. The company has been aggressively expanding its Bitcoin treasury since adopting a BTC-focused strategy in April 2024. *Metaplanet Purchases Additional
According to Arkham Intelligence, Tether, the issuer of USDT, added 8,888 Bitcoin, worth $735 million, in Q1 2025. This resulted in an overall increase in bitcoin holdings to 100,521 BTC, valued at roughly $8.29 billion. Tether will continue to inject Bitcoin purchases with 15% of profits from other activities, a
Members of the Web3 community are turning attention away from the market due to a lack of significant activity. On the other hand, other subsectors are increasingly spiraling with activity. Global adoption is on the rise, as depicted by instances such as Pakistan’s recent pro-crypto stance. Turning to the crypto
