News BTS
Coinbase, one of the world’s largest centralized cryptocurrency exchanges (CEX), now holds over $420 billion in digital assets on behalf of its users, surpassing the 21st largest bank in the United States in terms of assets under management (AUM). The milestone…
Key Takeaways CryptoQuant reports Bitcoin network activity has declined by 15% since November 2024’s record high, reaching its lowest level since February 2024. Daily Bitcoin transactions have dropped by 53%, from an all-time high of 734K in September 2024 to 346K…
Poland’s National Bank (NBP) has firmly dismissed any possibility of adding Bitcoin to its national reserves, citing concerns over security and stability. NBP President and Monetary Policy Council Chairman Adam Glapiński made the announcement during a press conference, reaffirming that the…
Russian Bitcoin miners have expressed growing concerns over a newly introduced government registry that requires them to disclose sensitive information, including cryptocurrency wallet addresses. Since its implementation in November 2024, the registry has sparked fears of potential data leaks that could…
A U.S. federal judge has sentenced Firoz Patel, the Canadian founder of the now-defunct payment platform Payza, to 41 months in prison for obstructing an official proceeding by concealing 450 Bitcoin (BTC), currently valued at over $43 million, from the federal…
Missouri Representative Ben Keathley has introduced a bill aimed at incorporating Bitcoin (BTC) into the state’s financial strategy. House Bill 1217 (HB 1217), filed on February 6, proposes the creation of a Bitcoin Strategic Reserve Fund as a hedge against fiat…
Utah is on track to becoming the first U.S. state to establish a Bitcoin reserve, following the House’s approval of the Strategic Bitcoin Reserve bill. The legislation, which allows the state to invest in digital assets, now moves to the Senate…
Bitcoin will hit the $160k price mark before the end of 2025, an analyst from the Russian crypto mining player BitRiver claimed on February 5. The claims were published by the state-run news agency TASS in a report that focused exclusively…
Largest corporate Bitcoin holder MicroStrategy (MSTR) has been rebranded to ‘Strategy’, as the company’s primary focus is Bitcoin and AI. The company unveiled its new Bitcoin logo signifying its unique position as a BTC Treasury Company. “Strategy is innovating in the…
MicroStrategy founder Michael Saylor hinted at a potential strategic shift in a post on X on Wednesday, just a day after the company announced a temporary halt to its Bitcoin acquisition plans. MicroStrategy Founder Causes Speculation Amid Bitcoin Holdings Pause Saylor…
A U.S. federal judge has ruled against Coinbase’s argument that it does not qualify as a “statutory seller” under federal law, clearing the way for an investor lawsuit to move forward in New York. The decision means the cryptocurrency exchange must…
Rapper and entrepreneur Kanye West, now known as Ye, has revealed that he turned down a $2 million offer to participate in an alleged crypto scam targeting his fan base. The scheme reportedly involved West posting a fraudulent crypto promotion to…