El Salvador Accelerates Its Bitcoin Accumulation and Challenges the IMF
TL;DR El Salvador has purchased 2 additional BTC in a single day, raising its reserves to 6,055 BTC, valued at over $612 million, strengthening its...
bitcoin
Bitfinex Securities Debuts Bitcoin Mining Notes with 10% Annual Yield for Investors
TL;DR Tokenized Bitcoin Mining Notes Launched: Bitfinex Securities introduces Bitcoin Mining Notes (BMN), offering a 10% annual yield over 36 months. Priced in USDT, the tokenized product...
Illinois Leads The Crypto Revolution: Proposing A Strategic Bitcoin Reserve In Its State Treasury
TL;DR Illinois introduced Bill HB1844 to establish a strategic Bitcoin reserve as an innovative tool within its state treasury. Arizona and Texas are also advancing...
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...
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...