News BTS
Bitcoin mining firm Hive Digital Technologies has announced plans to move its headquarters from Vancouver, Canada, to Texas. The company attributed the decision to the pro-Bitcoin policies anticipated under the incoming administration of President-elect Donald Trump, according to a statement released…
Russian citizens are fuming at reports that illegal crypto miners in Abkhazia are using Moscow-provided electricity to power their rigs. Multiple media outlets and social media users have raged after a “Polish tourist” posted a report and a video appearing to…
The Syrian Center for Economic Research (SCER), a non-governmental think-tank, is considering legalising Bitcoin to recover its beleaguered economy. Per the World Bank, the Syrian economy has shrunk by over 60% since 2010, and the Syrian pound has crashed. Further, the…
A new proposal to constitutionally require the Swiss National Bank (SNB) to hold Bitcoin as part of its monetary reserves has been initiated by the Swiss federal chancellery. The proposal, led by Giw Zanganeh, Tether’s vice president of Energy and Mining,…
Spot Bitcoin exchange-traded funds (ETFs) in the United States faced substantial outflows on December 30, as Bitcoin’s price remained below $93,000. According to SoSoValue data, the 12 spot Bitcoin ETFs recorded $426.13 million in outflows on the day, extending a two-day…
MicroStrategy (MSTR) shares fell below $300 during after-hours trading on Monday, marking a significant 46% decline from their all-time high in November. The drop comes amid growing concerns over the company’s ambitious $42 billion funding strategy, which heavily relies on increased…
BlackRock’s iShares Bitcoin Trust (IBIT) product has outperformed the asset manager’s other 1,400 exchange-traded funds (ETFs) this
Prominent crypto advocate and former U.S. prosecutor John Deaton has proposed leading a Trump administration investigation into the rumored “Operation Chokepoint 2.0,” an alleged initiative aimed at severing cryptocurrency companies from the traditional banking system. Deaton made his offer in a…
Elon Musk’s recent announcement about changes to X’s social media algorithm has ignited widespread controversy, sparking accusations of censorship and raising questions about the platform’s future direction. In a January 3 post, Musk revealed plans to promote content deemed “informative” or…
A.I. real estate platform Janover announced that it would begin accepting Bitcoin payments in light of MicroStrategy’s success in the adoption of the Satoshi Nakamoto-created cryptocurrency, a Monday press release shows. Janover To Adopt Bitcoin Payments According to the Boca Raton-based…
MicroStrategy Incorporated (Nasdaq: MSTR), a business intelligence software company, has continued its active Bitcoin (BTC) acquisition strategy, further bolstering its position as a major corporate holder of the cryptocurrency. The company purchased 2,138 Bitcoin for approximately $209 million between Dec. 23…
Initial jobless claims are due on January 2nd, but stagflation concerns are the real elephant in the room for Bitcoin price projections running into 2025. According to a Kobeissi Letter written in an X thread on December 29th, “Investors are worried…