News BTS
Japan’s government has expressed a cautious stance on holding Bitcoin as part of its national reserves, citing concerns over volatility and its legal incompatibility with current foreign exchange frameworks. In an official response on December 20, issued under the name of…
Six Bitcoin mutual funds are slated to launch in Israel next week following last week’s approval by the Israel Securities Authority (ISA), Israeli newspaper Calcalist allegedly reported Wednesday. Israel Securities Authority Approves Bitcoin Mutual Funds According to CoinDesk – who was…
Prominent trader Skew has expressed cautious optimism over the current trends amid the recent Bitcoin rally, claiming that the market appeared to favor bulls. “So far this bounce has played out here with price retesting the systematic trend which led price…
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 December…
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 technology…
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 business…
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 requiring…
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 330…
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 mining…
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 million)…
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 Canadian…
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 purchase…