Utah Moves Toward Adopting Bitcoin as a State Reserve
TL;DR The “H.B. 230” bill advances in the Senate after passing the House with an overwhelming 8-1 vote, bringing the state closer to cryptocurrency adoption....
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Metaplanet Raises Its Bitcoin Reserve to Over 2,000 BTC After Latest Acquisitionv
TL;DR The Tokyo-based investment firm, Metaplanet, has expanded its Bitcoin reserve once again with the purchase of 269.43 BTC at an average price of 14,846,322...
Bitcoin ETFs Record Three Consecutive Days of Outflows—Sign of Weakness or New Opportunity?
TL;DR Bitcoin ETFs have experienced nearly $500 million in capital outflows over three consecutive days, reflecting short-term declining confidence in traditional markets. Higher-than-expected inflation data...
Metaplanet Doubles Down on Bitcoin: The New MicroStrategy of Asia?
TL;DR Metaplanet raised $26.32 million through zero-interest bonds, initially intended for Bitcoin purchases but now redirected to debt repayment. Since April 2024, the company has...
Goldman Sachs Strengthens its Position in Bitcoin: $1.58 billion in BlackRock and Fidelity ETFs
TL;DR Goldman Sachs has revealed a $1.58 billion investment in Bitcoin ETFs, split between BlackRock (IBIT) and Fidelity (FBTC), marking a significant increase compared to...
Bitcoin’s Battle at $100K: Support Levels and Investor Sentiment in Focus
TL;DR Bitcoin faces resistance near the $100,000 mark, with price volatility and key support levels highlighting uncertainty about its near-term trajectory. The Crypto Fear and...
The Lost Bitcoin Treasure: The Battle for 8,000 BTC Comes to an End
TL;DR The Newport landfill, where a hard drive containing 8,000 BTC (now worth $768 million) is believed to be buried, will close in 2025-26, eliminating...
University of Austin Makes a Bold Move into Bitcoin: Invests $5 Million in a Long-Term Fund
TL;DR The University of Austin becomes the first educational institution in the U.S. to launch a fund dedicated exclusively to Bitcoin, with an initial investment...
Missouri Takes a Bold Step Forward with a State Bitcoin Fund
TL;DR Missouri is on track to become one of the first U.S. states to adopt Bitcoin as part of its official financial strategy. Representative Ben...
Bitdeer Expands Its Reach: Acquires Energy Project in Canada for Bitcoin Mining
TL;DR Bitdeer has acquired a 101-megawatt energy project in Alberta, Canada, for $21.7 million, with the potential to expand up to 1 GW. The company...