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...
Tag : bitcoin
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...
December 2024: Unprecedented Growth in Spot and Derivatives Trading
TL;DR December 2024 saw record-breaking trading volumes on centralized crypto exchanges, with combined spot and derivatives trading reaching an all-time high of $11.3 trillion. Binance...
Challenging Critical Support: Bitcoin’s Market Correction and Future Outlook
TL;DR Bitcoin is trading 11% below its all-time high of $108,000, with the market structure remaining constructive and demand resilient. The Market Value to Realized...
Bitcoin Set for Expansion in 2025, Says ARK Invest
TL;DR ARK Invest’s report highlights Bitcoin’s potential for significant growth in 2025, despite recent volatility. Key indicators such as increased mining difficulty, strong holder behavior,...