Latest News and Articles about Bitcoin
OKX Proof of Reserves Reveals 8,992 BTC Drop, Surge in ETH and USDT
OKX’s Latest Proof of Reserves: A Closer Look at Shifts in User Assets OKX, a prominent cryptocurrency exchange, recently unveiled its 26th proof of reserves report on December 13, 2024, showing a notable 8,992 BTC reduction in user assets. Despite this drop, the exchange reported growth in other assets, including a significant increase in Ethereum […]
Read MoreTether Burns 1B USDT: Impact on Bitcoin, Ethereum, and Crypto Market Dynamics
Tether’s Bold Move: Burning 1 Billion USDT and Its Ripple Effects on Bitcoin and the Crypto Market What happens when a trillion-dollar company decides to burn $1 billion in a day? Tether, Inc. closed out 2024 with a bang by burning 1 billion USDT, reducing its total supply from 138 billion to 137 billion. This […]
Read MoreBitcoin’s Decentralization at Risk: Sassano Highlights 7 Key Issues, Praises Ethereum
Bitcoin’s Decentralization Dilemma: Sassano’s Seven Points and Ethereum’s Rising Tide Ethereum advocate Anthony Sassano has sparked a heated debate by asserting that Bitcoin, the original cryptocurrency, is increasingly losing its edge in decentralization to Ethereum as of late 2024. Sassano’s critique pinpoints seven key areas where Bitcoin falters, while lauding Ethereum for its strides in […]
Read MoreMicroStrategy Buys $209M Bitcoin, Stock and BTC Prices Dip Amid Market Downturn
MicroStrategy’s Saylor Announces $209 Million Bitcoin Purchase In a move that has the crypto world buzzing, MicroStrategy’s co-founder Michael Saylor has just dropped another $209 million on Bitcoin. Despite this bold step, Bitcoin’s price has taken a hit, dipping 5.5% to $93,117, and MicroStrategy’s stock (MSTR) isn’t far behind, declining nearly 5% amidst a broader […]
Read MoreHong Kong Proposes Bitcoin for National Reserves, Aims to Lead Digital Economy
Hong Kong’s Bitcoin Reserve Proposal: A Bold Step into the Digital Economy Hong Kong legislator Wu Jiexhuang has proposed a groundbreaking move to include Bitcoin in the city’s national reserves, aiming to boost financial security and solidify its position as a leader in the global digital economy. Wu Jiexhuang proposes Bitcoin inclusion in Hong Kong’s […]
Read MoreGenius Group Boosts Bitcoin Holdings to $30M, Targets 1,000 BTC
Genius Group Amplifies Bitcoin Holdings to $30 Million: A Strategic Leap Forward Genius Group, an AI-powered company listed on the New York Stock Exchange, has made a significant move by increasing its Bitcoin holdings to 319.4 BTC, now valued at $30 million. This bold step forward aligns with their “Bitcoin-first” strategy, aiming to invest at […]
Read MoreTether Bolsters Bitcoin Reserves by $700M Amid EU Regulatory Storm
Tether Boosts Bitcoin Reserves with $700 Million Transfer Amid Regulatory Challenges In a bold move amidst regulatory storms, Tether has transferred a staggering $700 million in Bitcoin to its reserves. This strategic maneuver highlights Tether’s commitment to steering the Bitcoin wave with a $700 million paddle. Tether transferred 7,629 BTC to its reserve Largest transaction […]
Read MoreJanover Now Accepts BTC, ETH, SOL: Real Estate Goes Crypto
Janover Embraces Crypto: Bitcoin, Ethereum, and Solana Now Accepted for Real Estate Services Janover, a Nasdaq-listed real estate platform harnessing artificial intelligence, announced on December 30, 2024, that it will now accept Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) for select services. This move highlights the ongoing integration of cryptocurrencies into mainstream business operations and […]
Read MoreFormer German Finance Minister Urges ECB and Bundesbank to Embrace Bitcoin Reserves
Former German Finance Minister Advocates for Bitcoin in Central Bank Reserves Wolfgang Schäuble, once at the helm of Germany’s financial policy, has thrown a bold proposal into the mix: integrating Bitcoin into the reserves of the European Central Bank (ECB) and the German Central Bank. Schäuble’s argument? Bitcoin could enhance financial stability and spur innovation, […]
Read MoreSanta Rally Fails: Stocks and Bitcoin Drop, Nasdaq Soars 31.4% in 2024
Santa Rally Fizzles Out as U.S. Stocks and Bitcoin Take a Hit Imagine waking up on Christmas morning to find your stock portfolio has shrunk instead of grown. That’s what many investors experienced this holiday season as the Santa Claus Rally failed to deliver, leaving stocks with back-to-back losses. Meanwhile, Bitcoin, the crypto giant that’s […]
Read MoreJapan’s FSA Proposes Crypto Shift: From Payments to Investment Assets in 2025
Japan’s FSA Proposes Crypto Reclassification: From Payment Tools to Investment Assets The Japanese Financial Services Agency (FSA) is set to redefine the role of cryptocurrencies, proposing to label them as “financial assets” in its 2025 tax reform plans. This change would shift their status from “payment instruments” under the current Payment Services Act, signaling a […]
Read MoreCorporate Bitcoin Holdings: Threatening Decentralization and Freedom?
Will Corporate Ownership of Bitcoin Lead to Its Centralization and Loss of Freedom? As major corporations increasingly acquire Bitcoin, concerns grow about the potential centralization of the cryptocurrency and the erosion of its core principles of freedom and decentralization. Key players like MicroStrategy, Marathon Digital, Tesla, and others are holding significant stakes, raising questions about […]
Read MoreTesla’s $1.5B Bitcoin Bet: Navigating Volatility and Sustainability in Crypto
Tesla’s $1.5 Billion Bitcoin Investment: Navigating the Crypto Wild West Tesla’s bold $1.5 billion investment in Bitcoin in 2021 signaled a new era of corporate adoption of cryptocurrencies, but it also raised questions about the sustainability and volatility of digital assets. Tesla invested $1.5 billion in Bitcoin in 2021 Bitcoin’s volatility raises long-term concerns Alternatives […]
Read MoreSaylor’s X Post Sparks Buzz: Is MicroStrategy Poised for More Bitcoin Buys?
Saylor’s Latest X Post Fuels Speculation: Is MicroStrategy Set for Another Bitcoin Buying Spree? Michael Saylor, the famous Bitcoin advocate and founder of MicroStrategy, recently posted the company’s Bitcoin tracker on X, stirring anticipation among investors. With Bitcoin hovering around $94,800, the market is buzzing with the possibility of another significant purchase by the company […]
Read MoreBitGo CEO Predicts Bitcoin Surge in 2025 Due to Regulatory Support and Corporate Adoption
BitGo CEO Mike Belshe’s Bullish Outlook: Bitcoin Set for Gains in 2025 BitGo CEO Mike Belshe is riding high on optimism for Bitcoin’s future, forecasting significant gains in 2025. His confidence stems from a combination of regulatory improvements, a new administration’s support, and the growing trend of corporate adoption of Bitcoin as an inflation hedge. […]
Read MoreNBA Legend Scottie Pippen Predicts Bitcoin to Hit $1 Million – Experts Weigh In
NBA’s Pippen Says $1 Million Is ‘Next Stop’ for Bitcoin Scottie Pippen, the legendary National Basketball Association (NBA) player, has made headlines again with his bold prediction that Bitcoin could soar to $1 million. This follows his earlier forecast where he claimed Satoshi Nakamoto visited him in a dream, predicting Bitcoin would exceed $84,000, which […]
Read MorePantera Capital Founder Predicts Bitcoin Market Cap to Hit $15 Trillion by 2028
Bitcoin to Rocket 10,000%? Pantera Capital Founder Says Yes Dan Morehead, the founder and managing director of Pantera Capital, has made a bold prediction that Bitcoin could see a staggering 10,000% increase in its market capitalization by 2028, soaring to $15 trillion. He bases this forecast on Bitcoin’s historical performance and anticipates a significant expansion […]
Read More357 BTC Awakens After 11 Years: $34M Move Sparks Market Speculation
357 BTC Worth Over $34 Million Activated After 11 Years of Dormancy: Insights from WhaleAlert In a surprising turn of events, a whale holding 357 BTC, now worth over $34 million, activated their long-dormant stash after 11 years. This significant movement was detected by WhaleAlert, a tool used to monitor large cryptocurrency transactions, sparking curiosity […]
Read MoreEl Salvador’s 6,000 BTC Reserves Defy IMF: A Crypto Nation’s Bold Leap Forward
El Salvador’s Bitcoin Boldness: 6,000 BTC Strong Despite IMF Scrutiny El Salvador’s embrace of Bitcoin continues to make waves, with the nation’s reserves now soaring past 6,000 BTC. This bold statement, despite International Monetary Fund (IMF) skepticism, cements El Salvador’s position as a trailblazer in cryptocurrency adoption and ignites a debate about the future of […]
Read MoreGalaxy Research Forecasts Bitcoin at $185K, Ethereum at $5.5K by 2025
Galaxy Research Predicts Bitcoin at $185K and Ethereum at $5.5K by 2025 Galaxy Research forecasts a bullish future for cryptocurrencies, with Bitcoin expected to reach $185,000 and Ethereum projected to hit $5,500 by the end of 2025. These predictions hinge on increased institutional adoption and advancements in blockchain technology. Bitcoin projected to hit $185,000 by […]
Read MoreBitcoin Hits 54% Renewable Energy: Will Tesla Resume Payments?
Bitcoin Surpasses Elon Musk’s 50% Renewable Energy Target: What’s Next for Tesla? Bitcoin has achieved a significant milestone by surpassing Elon Musk’s condition of using at least 50% renewable energy in its mining operations, reaching 54%. This development prompts speculation about Tesla reinstating Bitcoin payments, which were halted due to environmental concerns in 2021. Despite […]
Read MoreNFT Market Crashes 50% Amid Crypto Slump: Can It Recover?
NFT Market Plummets 50% Amid Crypto Downturn: Can It Rebound? Last week, the NFT market took a significant hit, experiencing a nearly 50% slump in sales volume to $152.7 million. This downturn occurred as Bitcoin and Ethereum prices fell, signaling a broader bearish trend in the cryptocurrency space. However, despite the decline in sales, the […]
Read MoreCrypto Debit Cards: Spend Bitcoin, Earn Rewards, Face Challenges
Unlocking the World of Crypto Debit Cards: Your Gateway to Spending Digital Assets Crypto debit cards are transforming how we use digital currencies, offering a seamless bridge between cryptocurrencies like Bitcoin and Ether and everyday spending. These cards enable users to convert their digital assets into traditional money at the point of sale, allowing purchases […]
Read MoreTop 10 Celebrities Driving Bitcoin and Crypto Adoption: Musk, Cuban, Dorsey Lead
Top 10 Celebrities Leading the Crypto Charge with Bitcoin Investments Celebrities from various fields are embracing Bitcoin and other cryptocurrencies, driving mainstream acceptance and investment into digital assets. Elon Musk leads with investments in Bitcoin, Ethereum, and Dogecoin. Mark Cuban is known for his fluctuating views on Bitcoin. Jack Dorsey supports Bitcoin through his company […]
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