U.S.-based spot Bitcoin ETFs have witnessed a sharp reversal in inflows, shedding more than $1.5 billion over a four-day outflow streak. This marks the longest outflow streak since Donald Trump’s re-election, which provided a much-needed boost for the market. On…
La Rosa Holdings has announced plans to offer Bitcoin and other cryptocurrencies as payment options for real estate agents. According to a Monday press release, the initiative is designed to meet increasing demand for alternative payment systems and leverage blockchain…
Brokerage firm Robinhood has no immediate plans to invest in Bitcoin, despite its growing focus on the crypto sector. In a recent interview, CEO Vladimir Tenev said that while the idea occasionally surfaces, the company remains focused on its core…
The Blockchain Association, in collaboration with the Texas Blockchain Council, has launched a lawsuit against the U.S. Internal Revenue Service (IRS) over its latest cryptocurrency regulations. The legal challenge, announced on Dec. 28, pushes back against the IRS’ new rules…
MicroStrategy, the largest corporate holder of Bitcoin, has proposed a substantial increase in its authorized shares to enhance its ability to pursue its Bitcoin-focused strategy. The software company is seeking shareholder approval to raise its Class A common shares from…
The Russian government has approved a decree banning cryptocurrency mining in 10 regions from January 1, 2025, until March 15, 2031, according to a report by TASS. The decision aims to address energy concerns and includes seasonal restrictions in key…
The US Federal Bureau of Investigation (FBI) and Japan’s National Police Agency, noted that a North Korean hacking group, TraderTraitor, orchestrated the infamous Japanese exchange DMM Bitcoin hack. In May, the exchange lost 4,502.9 Bitcoin, comprising 48.2 billion yen ($305…
Canadian firm Matador Technologies Inc. (TSXV: MATA) has announced a bold step to strengthen its corporate treasury by investing $4.5 million in Bitcoin. The Toronto Stock Exchange listed firm said it will transition the majority of its cash reserves from…
MicroStrategy, the largest corporate holder of Bitcoin, has added another 5,262 BTC to its reserves, spending $561 million at an average price of $106,662 per Bitcoin. In a Monday post on X, MicroStrategy co-founder Michael Saylor said that the latest…
Japanese investment firm Metaplanet has made its largest Bitcoin purchase to date, acquiring nearly 620 BTC as the cryptocurrency trades below $100,000. On December 23, the company announced the $60 million acquisition of 619.7 BTC at an average price of…