U.S.-based entities now control 65% more Bitcoin reserves than their non-U.S. counterparts, according to data from CryptoQuant. CryptoQuant CEO Ki Young Ju shared on X that this ratio measures Bitcoin holdings of prominent U.S. entities, such as MicroStrategy, exchange-traded funds…
Bitcoin miner manufacturer Canaan has announced that it will integrate Bitcoin mining into everyday life by unveiling the Avalon Mini 3 and Avalon Nano 3S home miners at CES 2025 in Las Vegas. The two new rigs promise to mine…
While Bitcoin battles to hold $100,000, an analyst cautions an impending “new wave” of corporate adoption as the roster of companies approving Bitcoin reserves grows. Bitcoin’s 2025 price projections have received a vote of confidence from KULR Technology Group, becoming…
Bhutan’s Mindfulness City located in the southern Himalayan foothills, Gelephu, has announced that it will hold Bitcoin, Ethereum and Binance Coin in its strategic reserve assets. The Special Administration Region (SAR) has become one of the first jurisdictions to officially…
A federal grand jury in Georgia has indicted three Russian nationals for operating cryptocurrency mixing services Blender.io and Sinbad.io, accusing them of money laundering. Roman Vitalyevich Ostapenko and Alexander Evgenievich Oleynik, who were arrested last month, face charges of laundering…
New York Attorney General Letitia James has taken legal steps to recover over $2 million in cryptocurrency stolen through an elaborate scam targeting individuals seeking remote job opportunities. The scheme involved scammers sending text messages promising flexible, high-paying jobs. Victims…
Fidelity claims nation states face greater risks by avoiding Bitcoin allocations than by embracing them. In a report on Tuesday, Fidelity Digital Assets analyst Matt Hogan highlighted that many countries have indirectly acquired Bitcoin through government seizures and recoveries tied…
Bitcoin dropped below $97,000 on Wednesday, losing its grip on the $100,000 level. The decline followed a series of positive US economic reports Tuesday, which raised fears that a potential inflation rebound could delay the Federal Reserve’s plans to ease…
Aleš Michl, Governor of the Czech National Bank (CNB), discussed on Monday the possibility of including Bitcoin in the country’s foreign exchange reserves to diversify its asset holdings. His remarks reflect a growing government interest in cryptocurrency as a potential…
Former CEO of cryptocurrency exchange BitMEX, Arthur Hayes, believes that the crypto market will reach its peak in mid-March 2025, before experiencing a severe correction. “I think crypto tops out in mid-Mar and then severely corrects. Until then is time…