Block Focuses on Bitcoin Mining, Closes TBD Division
TL;DR Jack Dorsey’s company Block is focusing on Bitcoin mining and reducing its investment in other areas. The TBD division, which is dedicated to developing...
Search Results for: bitcoin
MicroStrategy’s Saylor Advocates for a U.S. Bitcoin Reserve
TL;DR Michael Saylor, co-founder of MicroStrategy, advocates for the U.S. to establish a strategic Bitcoin reserve, highlighting its potential to stabilize the economy and enhance...
Strike Launches Fee-Free Bitcoin Auto-Withdrawals
TL;DR Strike launches the BTC auto-withdrawal feature, allowing transfers without manual intervention and no fees. Users can set a balance threshold to trigger withdrawals and...
BlackRock’s Bitcoin ETF Faces Significant Withdrawals Amid U.S. Election Volatility
TL;DR BlackRock’s Bitcoin ETF saw $44.2 million outflow following US election US Bitcoin ETFs recorded collective losses of $116.8 million. Bitcoin hit an all-time high...
Bitcoin Reaches New All-Time High as Trump Claims Victory in 2024 Election
TL;DR Bitcoin hit a new all-time high, trading at $74,492.63 with an increase of 8.41% in the past day. Trump’s declaration of victory in the...
Mt. Gox Moves $2.2 Billion in Bitcoin, Sparking Speculation
TL;DR Mt. Gox has transferred 32,371 Bitcoin, valued at approximately $2.19 billion, to unmarked wallet addresses, sparking speculation about the intentions behind the move. The...
Craig Wright Vision to Transform Bitcoin into a Global Financial Powerhouse
TL;DR Craig Wright plans to turn Bitcoin into a borderless global financial system. The TerraNode project promises to scale Bitcoin infinitely and reduce transaction costs....
Bitcoin Rise in BlackRock Hands as ETH Faces ETF Outflows
TL;DR BlackRock increases its Bitcoin holdings to 403,725 BTC, valued at $27.73 billion. Ethereum ETFs see net outflow of 2,917 ETH, reflecting a lack of...
Bitcoin Surpasses $69,000 After Volatility and Rumors of Investigation into Tether
TL;DR Bitcoin (BTC) surpassed $69,000 after a week of price volatility, driven by rumors of an investigation into Tether and geopolitical tensions due to an...
MicroStrategy Outshines Tech Giants, Boosted by Bitcoin Holdings
TL;DR MicroStrategy’s stock hits a 25-year high, driven by its substantial Bitcoin holdings, marking a 244% year-to-date gain. The company’s strategic shift to Bitcoin as...