South Dakota Proposes a “Strategic Bitcoin Fund” for State Reserves
TL;DR A new bill seeks to include Bitcoin in state reserves, positioning South Dakota as a leader in financial innovation. The measure aims to protect...
Tag : bitcoin
Bitcoin Drops: Liquidations at a Loss and More Bearish Positions
TL;DR On Monday, Bitcoin fell 4.7%, particularly affecting short-term investors, who sent over 21,000 BTC to exchanges, suggesting a liquidation at a loss. Short-term investors,...
Metaplanet Announces $745 Million Bitcoin Investment Strategy
TL;DR Metaplanet launches $745M Bitcoin strategy: Plans to raise 116B yen via 0% discount warrants to expand Bitcoin holdings, aiming to become a top global...
Arizona Pushes for Legislation to Create the First State Bitcoin Reserve
TL;DR Arizona is advancing a legislative proposal to allow public funds and pensions to invest up to 10% in Bitcoin. The project could lead to...
Semler Scientific Bets on Bitcoin: Seeks to Raise $75M for New Purchases
TL;DR Semler plans to issue $75 million in convertible notes to fund additional Bitcoin purchases and other corporate activities. The value of its current 2,321...
Surge in Bitcoin and Ethereum ETFs Injects Confidence into the Market
TL;DR Inflows into Bitcoin Spot ETFs reached $249 million, with a total net asset value of $121.4 billion. Inflows continue into BlackRock’s IBIT ETF and...
Bitcoin Mining Reaches Record $45 Million in Daily Revenue
TL;DR Bitcoin mining daily revenue reached $45 million, suggesting a potential new bullish cycle or sustained growth. Mining activity reflects increased miner confidence and a...
Bitcoin Could Reach $122,000 by February Before Consolidating, Experts Say
TL;DR Bitcoin could surpass $122,000 by February due to price movements in $18,000 blocks, as analyzed by experts. The recent Bitcoin rally offers a low-risk,...
Ross Ulbricht Still Waiting for Trump’s Pardon
TL;DR The chances of Ross Ulbricht receiving a presidential pardon from Trump during his first term are 80% according to Polymarket. Bets on Ulbricht’s pardon...
Crypto Market: Record Inflows Driven by Euphoria Following Trump’s Inauguration
TL;DR The crypto market recorded record investment inflows of $2.2 billion, driven by euphoria following Trump’s inauguration. Bitcoin led the inflows with $1.9 billion, while...