Daily Crypto News & Musings

Latest News and Articles about Bitcoin

Cannes Embraces Crypto: Web3 Initiative to Boost Economy with Bitcoin and Ethereum

17 January 2025 Daily Feed , , ,

Cannes Makes Waves in Crypto: Launches Web3 Initiative Cannes, the city famed for its film festival, is now making headlines in the world of cryptocurrency with its new Web3 initiative. Web3 refers to a new version of the internet that uses blockchain technology for secure, decentralized transactions. This move aims to modernize the city’s financial […]

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Satoshi’s 2009 Bitcoin Vision Soars to $100K Amid Economic Surge

Satoshi Nakamoto’s Legendary Bitcoin Quote Rings True After 16 Years On January 16, 2009, Satoshi Nakamoto’s casual remark about Bitcoin’s potential became a beacon for the cryptocurrency community. As Bitcoin marks its 16th anniversary, that foresight has not just caught on but soared to new heights. Satoshi Nakamoto’s prophetic vision Bitcoin’s journey from Genesis Block […]

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Jordan and Syria Turn to Blockchain and Bitcoin for Economic Revival

Jordan and Syria Embrace Blockchain for Economic Transformation In a groundbreaking move, Jordan and Syria are turning to blockchain and Bitcoin to revolutionize their economies. Jordan plans to integrate blockchain technology into its government operations, aiming to enhance efficiency and economic growth, while Syria’s Syrian Center for Economic Research (SCER) proposes the legalization of Bitcoin […]

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Sygnum Reaches Unicorn Status with $58M Funding, Eyes Bitcoin Expansion

Swiss Crypto Bank Sygnum Achieves Unicorn Status with $58M Funding Round Swiss crypto bank Sygnum has achieved a significant milestone, reaching unicorn status with a valuation exceeding $1 billion after securing $58 million in a strategic growth round. This monumental achievement underscores the growing influence of digital assets and the confidence investors have in the […]

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Hong Kong’s Ming Shing Group Invests $47M in Bitcoin, Eyes Liquidity Boost

Hong Kong’s Ming Shing Group Bets Big on Bitcoin with $47M Investment In a bold move that underscores the growing acceptance of cryptocurrencies by non-tech firms, Hong Kong’s Ming Shing Group, a construction company known for wet trades (construction activities involving water, such as plumbing and tiling), has invested $47 million in Bitcoin. This investment, […]

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Remixpoint Boosts Bitcoin to 333 BTC to Hedge Against Yen Drop

Remixpoint Boosts Bitcoin Holdings to 333 BTC as a Hedge Against Yen Depreciation Japanese technology company Remixpoint has increased its Bitcoin holdings to nearly 333 BTC, valued at around $31.7 million as of January 14, 2025. This strategic move is a direct response to the weakening Japanese yen, aiming to protect the company’s financial assets […]

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NYDFS and Bank of England Launch TRE Program to Boost Global Crypto Regulation

NYDFS and Bank of England Launch Transatlantic Regulatory Exchange for Crypto Regulation – NYDFS and Bank of England launch TRE program – Six-month initiative starts in February – Aims to enhance global crypto regulation – Challenges and implications for Bitcoin discussed The New York Department of Financial Services (NYDFS) and the Bank of England have […]

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Intesa Sanpaolo Buys $1M in Bitcoin: A First for Italian Banks

Intesa Sanpaolo Invests $1 Million in Bitcoin: A Milestone for Italian Finance Intesa Sanpaolo, Italy’s largest banking group, has made a significant leap into the cryptocurrency arena by purchasing 11 Bitcoin worth around $1 million. This bold move marks the first time an Italian financial institution has directly invested in Bitcoin, signaling a notable shift […]

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MicroStrategy Boosts Bitcoin Holdings to 450,000 BTC Amid Market Fluctuations

MicroStrategy’s Unwavering Bitcoin Bet: 10 Weeks of Buying, Pushing Holdings to 450,000 BTC MicroStrategy, the software giant turned crypto whale, has continued its relentless Bitcoin acquisition, purchasing an additional 2,530 BTC last week at an average price of $95,972. This marks their 10th consecutive week of buying, bringing their total holdings to a staggering 450,000 […]

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Tether Moves HQ to El Salvador, Embracing Bitcoin-Friendly Policies

Tether Relocates to El Salvador: A Strategic Move for Future-Focused Regulation Tether, the leading stablecoin issuer, has made a bold move in relocating its headquarters to El Salvador, the first country to embrace Bitcoin as legal tender. This strategic shift is set to leverage El Salvador’s supportive regulatory environment and Bitcoin-friendly policies, enhancing Tether’s mission […]

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Semler Scientific Boosts Bitcoin Holdings by $23M, Totaling $40M

Semler Scientific Boosts Bitcoin Holdings with $23 Million Purchase Healthcare technology company Semler Scientific has ramped up its Bitcoin investment, adding $23 million to its holdings, bringing their total exposure to roughly $40 million. This strategic move reflects their belief in Bitcoin as a long-term valuable asset and a hedge against inflation. Semler Scientific increases […]

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Corporate Treasuries Outpace Bitcoin Supply in 2025: A Bullish Signal

Corporate Treasury Demand for Bitcoin Surges Past New Supply in 2025 In the first 13 days of 2025, corporate treasuries have aggressively acquired 5,774 BTC, surpassing the new supply of 5,469 BTC, signaling a strong bullish trend for Bitcoin. Corporate entities acquire 5,774 BTC in early 2025. MicroStrategy holds 158,245 BTC. BTC’s value surged 126% […]

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SolvBTC.BERA Vault Launches: Bitcoin Joins Berachain’s DeFi with Yield Opportunities

Solv Protocol Launches SolvBTC.BERA Vault, Integrating Bitcoin into Berachain’s DeFi Ecosystem Solv Protocol, backed by Binance, has launched the SolvBTC.BERA vault, a new initiative to connect Bitcoin holders with Berachain’s vibrant DeFi landscape, offering fresh avenues for yield generation. SolvBTC.BERA launched on January 13, 2024 Integrates Bitcoin into Berachain’s DeFi ecosystem Offers yield across seven […]

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Trump’s Crypto Ball: $100K Tickets, $1M Dinner with Trump, Industry Influence

Trump’s Inaugural Crypto Ball: $100K Tickets & $1M Package with Private Dinner On January 17th, just days before Donald Trump’s inauguration, the crypto industry gears up for a high-profile Crypto Ball. This event, with VIP tickets priced at $100,000 and a $1 million package that includes a private dinner with Trump, underscores the industry’s strategic […]

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Fidelity Warns: Nations Risk More by Ignoring Bitcoin Than Adopting It

Fidelity Warns: Not Allocating Bitcoin Could Be Riskier for Nations Than Embracing It Fidelity’s recent report suggests that nation-states and central banks might start allocating Bitcoin in their reserves as early as 2025, driven by the launch of spot Bitcoin Exchange Traded Products (ETPs) in 2024. This move, inspired by successful adoptions in Bhutan and […]

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Cliff Asness Calls Bitcoin a Bubble: Market Cap Hits $1.3T Amid Growing Adoption

Legendary Hedge Fund Manager Lambasts Bitcoin: Asness’s Skepticism vs. Growing Adoption Cliff Asness, a billionaire hedge fund manager, didn’t hold back in his recent critique of Bitcoin, labeling it a “bubble.” Despite his skepticism, Bitcoin continues to gain ground in the financial world. Asness labels Bitcoin a bubble Questions its utility and legitimacy Remains cautious […]

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S&P Global Predicts $850 Billion Bank Credit Losses in 2025: Crypto as an Alternative

$850 Billion in Credit Losses Looming Over Banks in 2025, S&P Global Warns Banks worldwide are bracing for a staggering $850 billion in credit losses in 2025, according to S&P Global. Despite an overall improving economic situation, the global banking sector faces significant challenges, with potential impacts reaching beyond traditional finance into the world of […]

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El Salvador’s Bitcoin Adoption Boosts Tourism by 22% in 2024

El Salvador’s Tourism Surges Amid Bitcoin Adoption El Salvador has witnessed a significant increase in tourism following its groundbreaking adoption of Bitcoin as legal tender, with 3.9 million tourists visiting in 2024, marking a 22% rise from the previous year. 3.9 million tourists in 2024 (22% increase) Improved security and construction boom IMF agreement imposes […]

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Hal Finney’s 16-Year Bitcoin Tweet: Evolution, Impact, and Market Challenges

Hal Finney’s Historic Bitcoin Tweet: 16 Years of Evolution, Impact, and Market Sentiment On January 10, 2009, Hal Finney, a pioneering figure in the world of cryptocurrency, tweeted “Running Bitcoin software,” becoming the second person ever to engage with the revolutionary digital currency. This year marks the 16th anniversary of that pivotal moment, symbolizing Bitcoin’s […]

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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 […]

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Heritage 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, […]

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Nubit’s Goldinals Protocol: Unifying Bitcoin’s Ecosystem with Enhanced Programmability

12 January 2025 Daily Feed , , ,

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 […]

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Germany 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 […]

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