Tag: bitcoin
All news related to the leading cryptocurrency.
MicroStrategy Plans to Increase Shares to Acquire More BTC
Reading Time: < 1 minuteMicroStrategy has put forth a proposal to increase its shares of Class A common stock and preferred stock, in order to better execute its Bitcoin strategy.
Metaplanet Buys 620 BTC
Reading Time: < 1 minuteMetaplanet, a company based in Japan that is publicly traded, has recently revealed that it has obtained 619.7 Bitcoin as part of its strategy to build a crypto treasury.
SEC Approves Bitcoin and Ethereum Crypto Index ETFs
Reading Time: < 1 minuteThe SEC has given its approval for the launch of combined Bitcoin and Ethereum ETFs by Hashdex and Franklin Templeton.
El Salvador Buys 11 Bitcoins Following Deal with IMF
Reading Time: < 1 minuteIn a swift move, El Salvador has recently added 11 Bitcoin to its Strategic Bitcoin Reserve, increasing its value to over $1 million.
Judge Won’t Stop Coinbase’s wBTC Delisting
Reading Time: < 1 minuteIn a hearing on December 18, a federal judge in the United States District Court for the Northern District of California ruled in favor of Coinbase in a lawsuit filed by BiT Global.
Bitfinex Analysts: Bitcoin May Reach $200,000 in 2025
Reading Time: < 1 minuteBitfinex analysts have stated their minimum price target for Bitcoin remains between $140,000 and $200,000 around mid-2025.
MicroStrategy Will Be Added to Nasdaq 100
Reading Time: < 1 minuteOn December 23, MicroStrategy will officially join the Nasdaq 100 index.
Travala Unveils a Bitcoin and AVA Reserve
Reading Time: < 1 minuteCryptocurrency-oriented travel agency Travala has announced plans to launch a dedicated reserve for Bitcoin and its native token Ava.
MARA Holdings Acquires $1.1B in Bitcoin
Reading Time: < 1 minuteMARA Holdings Inc., a leader in Bitcoin mining, yesterday purchased 11,774 additional Bitcoins for $1.1 billion.
China Intends to Create a Bitcoin Reserve
Reading Time: < 1 minuteFormer Binance CEO Changpeng Zhao has proposed that China may consider creating a strategic Bitcoin reserve, possibly following a plan proposed by US President-elect Donald Trump.
Weekly Inflows into Crypto ETPs Reach $3.85B
Reading Time: < 1 minuteAs Bitcoin surged past $100,000 for the first time, investment products related to the cryptocurrency saw record inflows of $3.85 billion during the trading week of Dec. 2–6.
MicroStrategy’s Bitcoin-related Profit Reaches $17B
Reading Time: < 1 minuteMicroStrategy has accumulated over $17 billion in unrealized profits through its Bitcoin buying spree.
Mt. Gox Transfers $2.4B in Bitcoin to a New Wallet
Reading Time: < 1 minuteBankrupt cryptocurrency exchange Mt. Gox recently transferred 24,051.75 BTC, equivalent to approximately $2.4 billion, to an unidentified wallet address.
Bitcoin Exceeds $100,000
Reading Time: < 1 minuteThe value of Bitcoin soared to a historic $100,000 milestone, marking a significant achievement for the cryptocurrency market after a year of remarkable growth.
Inflows into Spot Bitcoin ETFs Reached $6.4B Last Month
Reading Time: < 1 minuteThe US saw a surge in investments into spot Bitcoin exchange-traded funds (ETFs) last month as the BTC market price reached a record-breaking $99,000 level.
Metaplanet Plans to Raise $62M to Acquire More BTC
Reading Time: < 1 minuteJapanese investment firm Metaplanet plans to raise more than $62 million (9.5 billion Japanese Yen) by acquiring stocks in order to add to its Bitcoin treasury.
Brazil Considering Bill to Create a Bitcoin Reserve
Reading Time: < 1 minuteA proposal has been put forth by Brazilian lawmakers in the Chamber of Deputies to allocate 5% of the country’s $370 billion treasury towards a Bitcoin strategic reserve.
US Spot Bitcoin ETFs Lose $438M
Reading Time: < 1 minuteAccording to data from SoSoValue, seven spot Bitcoin ETFs in the US experienced a net outflow of $438.4 million on Monday.
US Spot Bitcoin ETFs’ Assets Exceed $100B
Reading Time: < 1 minuteOn Wednesday, the total net value of the 12 spot Bitcoin exchange-traded funds (ETFs) in the US surpassed $100 billion.
Trading Volume of Bitcoin ETF Options Reaches $2B on First Day
Reading Time: < 1 minuteBlackRock’s Bitcoin ETF IBIT options made an impressive debut, with nearly $2 billion in notional exposure traded on their first day. Analysts are calling this an “unheard of” feat in terms of metrics.
Spot Bitcoin ETFs Attract $1.7B in a Week
Reading Time: < 1 minuteIn the past week of trading, Spot Bitcoin ETFs have seen a significant increase in inflows, amounting to $1.7 billion between November 11–15, 2024.
MicroStrategy Will Hold a New Private Note Sale to Acquire More BTC
Reading Time: < 1 minuteThe founder of MicroStrategy, Michael Saylor, revealed that the company plans to offer $1.75 billion in zero-coupon convertible notes in order to acquire more Bitcoin.
Bitcoin Correlation to Gold Reaches a Nearly 1-year Low
Reading Time: < 1 minuteThe correlation of Bitcoin to gold has reached a low not seen in 11 months since the election.
BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens to Support New Focus on Bitcoin Mining
Reading Time: 2 minutesCayman Islands, Cayman Islands, 14th November 2024, Chainwire
MicroStrategy Purchases $2 Billion in Bitcoin
Reading Time: < 1 minuteOn November 11, MicroStrategy announced that it had purchased 27,200 Bitcoin using $2.03 billion in cash.