Latest News and Articles about Bitcoin
North Dakota Proposes Bitcoin Investment to Combat Inflation, Vote Tuesday
North Dakota Explores Bitcoin Adoption with New Legislative Proposal North Dakota is considering investing state funds in Bitcoin and other digital assets with Resolution 3001, a move aimed at combating inflation. This non-binding proposal, while not a law, signals a growing trend among U.S. states to embrace cryptocurrencies in their financial strategies. North Dakota introduces […]
Read MoreHeritage Distilling to Accept Bitcoin: Joins Corporate Trend Led by MicroStrategy
Heritage Distilling Embraces Bitcoin, Joins Corporate Crypto Trend Heritage Distilling, a trailblazer in the spirits industry based in Gig Harbor, Washington, has announced its intention to adopt Bitcoin as both a strategic asset and a payment method, pending board approval. This move aligns the company with other forward-thinking firms like MicroStrategy, Cosmos Health, and Worksport, […]
Read MoreMeta Urged to Hedge $72B Cash with Bitcoin Amid Inflation Fears
Bitcoin Treasury Proposal Urges Meta to Hedge Against Inflation Ethan Peck, a shareholder advocate from the National Center for Public Policy Research, has put forth a proposal urging Meta to allocate a portion of its large $72 billion cash reserves into Bitcoin as a hedge against inflation. Proposal to hedge Meta’s cash reserves with Bitcoin […]
Read MoreNubit’s Goldinals Protocol: Unifying Bitcoin’s Ecosystem with Enhanced Programmability
Nubit’s Goldinals: Uniting Bitcoin’s Fragmented Ecosystem with a New Token Protocol Nubit has unveiled Goldinals, a pioneering unified token protocol designed to streamline Bitcoin’s fragmented ecosystem by boosting programmability, data availability, and asset creation. Nubit’s Goldinals aims to unify Bitcoin’s asset protocols. Goldinals leverages BitVM for enhanced programmability. Compatible with BRC-20, Runes, and Ordinals. In […]
Read MoreGermany Explores Bitcoin Adoption: Bonds on Blockchain, Bitcoin Reserves, and ETFs Proposed
Germany Explores Bitcoin Adoption to Boost Digital Currency Competitiveness Germany is taking significant steps towards integrating Bitcoin into its financial system, as highlighted at a recent Blockchain Roundtable in the German Parliament. Former Finance Minister Christian Lindner has proposed innovative measures to elevate Germany’s position in the digital currency space. Amidst political motivations and market […]
Read MoreGenius Group Boosts Bitcoin Treasury to $35M, Aims for $120M: A Bold Strategy
Genius Group Boosts Bitcoin Treasury to $35 Million, Eyes $120 Million Target Singapore-based AI-powered education company, Genius Group Limited, has significantly increased its Bitcoin holdings to $35 million, surpassing its initial target and setting its sights on a $120 million goal. This strategic move not only showcases their faith in Bitcoin but also their commitment […]
Read MoreEx-UK PM Liz Truss Backs Bitcoin, Slams CBDCs and Bank of England’s Policies
Ex-UK PM Liz Truss Supports Bitcoin, Warns Against CBDCs Former UK Prime Minister Liz Truss has voiced strong support for Bitcoin and cryptocurrency, highlighting their role in promoting decentralization, while expressing deep concerns about the potential dangers of central bank digital currencies (CBDCs). Truss supports Bitcoin’s decentralization. She warns against CBDCs due to surveillance risks. […]
Read MoreRussia Seizes $10M in Bitcoin Amid Massive Bribery Scandal: Crypto’s Dual-Edged Sword
Russia Seizes $10M in Bitcoin: Unveiling the Largest Bribery Scandal and Its Crypto Implications Russian authorities have confiscated 103 Bitcoin, valued at approximately $10 million, from Marat Tambiev, a former official of the Investigative Committee of the Russian Federation (ICRF). This seizure marks a significant development in Russia’s largest bribery scandal, where Tambiev received a […]
Read MoreRussia Sells $10M of Seized Bitcoin Amid Legal Battles and Bribery Trends
Moscow Bitcoin Selloff: Russia Begins to Sell Coins Seized in BTC 1,032 Infraud Haul Russia has embarked on the sale of Bitcoin confiscated from Marat Tambiev, a former investigator convicted in a major bribery scandal involving the Infraud hacker group. The initial sale of nearly $10 million in Bitcoin marks the start of liquidating assets […]
Read MoreJudge Rejects $750M Bitcoin Landfill Retrieval Bid in Newport
Bitcoin in the Trash: $750M Lost as Judge Rejects Man’s Landfill Retrieval Bid in Newport James Howells, an IT engineer from Newport, Wales, has lost a decade-long legal battle to retrieve a hard drive containing 8,000 Bitcoins, valued at $700-750 million, from a local landfill. The Cardiff High Court dismissed his lawsuit against Newport City […]
Read MoreGary Gensler Slams Crypto: Non-Compliance and Bad Actors Under Scrutiny
Gary Gensler’s Parting Shot: Crypto Market Under Fire Outgoing SEC Chair Gary Gensler has delivered a scathing critique of the cryptocurrency market, highlighting its struggles with compliance and the presence of “bad actors.” In his final interview, Gensler’s comments underscore the regulatory challenges facing the sector, despite it representing less than 1% of the US […]
Read MoreOklahoma Senator Proposes Bitcoin for Wages and Payments with New Bill
Oklahoma Senator Proposes Bitcoin for Wages and Payments with New Legislation Oklahoma Senator Dusty Deevers has introduced the Bitcoin Freedom Act (SB325), a groundbreaking bill that aims to allow Bitcoin for wages and payments, positioning the state at the forefront of financial innovation. Oklahoma’s Bitcoin Freedom Act (SB325) introduced. Bill aims to combat inflation with […]
Read MoreEl Salvador’s Bukele Aims to Buy U.S. DOJ’s Silk Road Bitcoins at a Discount
El Salvador’s President Nayib Bukele Eyes Discount on U.S. DOJ’s Silk Road Bitcoin Auction El Salvador’s President Nayib Bukele recently tweeted, “Maybe we’ll all get the chance to buy Bitcoin at a discount!”—a bold statement aimed at the U.S. Department of Justice’s upcoming auction of 69,370 Bitcoins seized from the Silk Road, valued at around […]
Read MoreUS Gov Sells $6.5B Silk Road Bitcoin Before Trump’s 2nd Inauguration, Price Dips Below $100K
US Government Sells $6.5 Billion in Silk Road Bitcoin Before Trump’s Second Inauguration The US government has offloaded 69,370 Bitcoin, seized from the Silk Road, valued at $6.5 billion. The Department of Justice (DoJ) approved the sale due to concerns over price volatility, just days before Donald Trump’s second inauguration. This move coincided with a […]
Read MoreUK Court Seizes $4.3M Bitcoin from Criminal Kingpin, Raising Privacy Concerns
UK Court Seizes $4.3 Million in Bitcoin from Criminal Kingpin Alexander Surin Amid Legal Scrutiny A UK court has seized over $4.3 million in Bitcoin from Alexander Surin, known as “Don Car-Leone,” highlighting the growing prowess of law enforcement in tackling cryptocurrency crimes. This seizure raises significant questions about the privacy and security of digital […]
Read MoreTrump’s 5th NFT Drop on Bitcoin Shakes Crypto Market
President-Elect Trump Launches Fifth NFT Collection on Bitcoin President-Elect Donald Trump has just unleashed his fifth NFT collection, diving headfirst into the Bitcoin blockchain using the Ordinals protocol. This move not only caters to his loyal collectors but also shakes up the crypto world in ways we can’t ignore. 119 NFTs on Bitcoin using Ordinals […]
Read MoreCrypto Mining Farms Unveiled: Operations, Types, and Future Trends
Inside the World of Crypto Mining Farms: The Ultimate Guide Crypto mining farms are vital to the blockchain ecosystem, serving as the backbone for validating transactions and minting new cryptocurrencies like Bitcoin. This guide delves into their operations, types, benefits, challenges, and future prospects, exploring the impact of renewable energy and alternatives like staking. How […]
Read MoreThailand Launches Crypto Tourism in Phuket: Bitcoin Beach by 2025
Thailand’s Crypto Tourism Initiative: Phuket’s Bitcoin Beach Awaits Picture this: you’re lounging on a sun-drenched beach in Phuket, sipping a cocktail, and paying for it with Bitcoin. This vision is becoming a reality as Thailand launches a pioneering crypto tourism initiative. Thailand introduces crypto payments in Phuket. Pilot program set for 2025 to boost tourism. […]
Read MoreRBI Warns of Digital Assets’ Threat to Financial Stability Amid Bitcoin Surge
Reserve Bank of India Warns of Digital Asset Threat to Financial Stability The Reserve Bank of India (RBI) has issued a stern warning about the potential threats that digital assets, including cryptocurrencies and stablecoins, pose to financial stability. In its December 2024 Financial Stability Report, the RBI outlined several risks that could undermine monetary policy, […]
Read MoreBitcoin Millionaire Jailed for Tax Fraud: A $124M Crypto Cautionary Tale
From Bitcoin Millionaire to Prison Inmate: The Cautionary Tale of Frank Richard Ahlgren III Frank Richard Ahlgren III, once a Bitcoin millionaire, now faces a two-year prison sentence for tax fraud involving $124 million worth of the cryptocurrency. Ordered to surrender his passcodes, this case sets a precedent for accessing hidden digital assets and highlights […]
Read MoreUK High Court Seizes $4.3M Bitcoin from Fugitive Crime Boss ‘Don Car-Leone’
UK High Court Seizes $4.3 Million in Bitcoin from Fugitive ‘Don Car-Leone’ The UK High Court has ordered the seizure of $4.3 million in Bitcoin from Alexander Surin, a fugitive crime boss known as “Don Car-Leone,” after failing to prove his cryptocurrency was not linked to criminal activities. $4.3 million in Bitcoin seized Surin, aka […]
Read MoreBhutan’s Gelephu City Leads with BTC, ETH, BNB in Strategic Reserves
Bhutan’s Gelephu City: Pioneering Bitcoin in Strategic Reserves Gelephu Mindfulness City (GMC) in Bhutan is setting a global precedent by including Bitcoin (BTC), Ether (ETH), and BNB in its strategic reserves. This pioneering move aims to enhance economic resilience and aligns with GMC’s commitment to fostering blockchain technology and innovation. Serving over two billion people […]
Read MoreBitcoin Miner Transaction Volume Plummets: Navigating Challenges and Opportunities
Bitcoin’s Miner Transaction Volume Hits Historic Low: Navigating the New Normal Is Bitcoin’s mining industry on life support? Recent data suggests a historic low in miner transaction volume, which is the number of transactions processed by miners. This significant drop raises questions about the future of Bitcoin’s ecosystem. Here’s what you need to know: Bitcoin […]
Read MoreAndrew Tate Launches BRUV Party: Pro-Bitcoin but Riddled with Controversy
Andrew Tate’s BRUV Party: Bitcoin Ambitions Meet Controversial Policies From his house arrest in Romania, Andrew Tate has launched the “Britain Restoring Underlying Values (BRUV)” party in the UK, championing Bitcoin and blockchain technology. However, the party’s manifesto, filled with far-right policies and marred by execution flaws, has sparked significant controversy. BRUV party launched by […]
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