Archive
Russia Turns to Bitcoin to Bypass Sanctions in International Trades
Russia’s Finance Minister said the country is already leveraging bitcoin in international trade, expressing optimism for future growth.
MicroStrategy Calls for Shareholder Meeting to Accelerate 21/21 Plan
MicroStrategy plans to significantly accelerate its bold 21/21 plan, and is asking for shareholders’ opinion.
Canadian Matador Technologies Adds Bitcoin To Its Treasury
Matador Technologies decided to add bitcoin to its treasury to shield the company and shareholders against value depreciation of the Canadian dollar.
From Rumors to Truth: Is the UAE Holding $40 Billion in Bitcoin?
If the rumor of UAE owning $40 billion in bitcoin turns out to be true, the ramifications could be game-changing for bitcoin adoption.
Swapido: Instant BTC-to-Peso Transfers to Debit Cards and Mobile Numbers
Swapido bridges the Lightning Network with Mexico’s instant bank transfer system (SPEI) to expand remittance options for users worldwide.
MicroStrategy Adds 3 Power Players to Its Board of Directors
Addition of 3 key figures to MicroStrategy’s board of directives, including Brian Brooks, brings focused expertise to the company.
Michael Saylor Proposes a Bitcoin Plan for Upcoming US Administration
Michael Saylor’s Digital Assets Framework lays out a carefully tailored plan for the US government to use digital assets in its economy.
Craig Wright Faces 1-Year Suspended Term Over Court Order Breach
Craig Wright received the suspended prison sentence after the judge ruled he has been in violation of court order by suing Bitcoin Core developers for $1 trillion.
El Salvador To Scale Back Bitcoin Plans in $1.4B Loan Deal with IMF
El Salvador’s government has agreed to dial down its Bitcoin activities, in return for receiving a $1.4 billion loan from the IMF.
Ohio State Rep. Files Bill for Strategic Bitcoin Reserve Act
Ohio becomes the third US state pushing for Strategic Bitcoin Reserves, after Texas and Pennsylvania.
Relai Introduces New Referral Structure and Fees as Low as 0.9%
Relai, the Swiss-made bitcoin app introduces new fee structure, as well as lucrative referral rewards for its users.
Gold at Historic Low Against Bitcoin: A Paradigm Shift?
The recent all-time low of gold against bitcoin might signal a change in investor sentiment.
Solidion Technology’s Vision and the Promise of Bitcoin
BitcoinNews had the chance to speak with Solidion Technology Inc.’s C-level executives and discuss their recent Bitcoin initiative.
FASB’s New Bitcoin Accounting Rules Now in Effect
FASB’s new rules make fair value reporting of bitcoin easier for companies that hold the digital asset on their balance sheet.
Using AI To Bring Smarter Channel Management to the Lightning Network
Amboss’s latest AI software “Magma AI” optimizes Bitcoin Lightning Network connections, helping choose best nodes to connect to and manage connections.
Japanese Lawmaker Calls for Creation of National Bitcoin Reserve
Satoshi Hamada says Japan should create a national bitcoin reserve, believing it could help reduce dependency on foreign currencies like the US dollar.
MicroStrategy Joins Nasdaq-100: A Bitcoin Milestone
On Dec 23rd MicroStrategy will be added to the Nasdaq-100. This addition is a big win for Bitcoin and Bitcoin-related companies.
Texas State Rep. Files Bill for Strategic Bitcoin Reserve Act
The Texas Strategic Bitcoin Reserve Act allows bitcoin payments for government agencies and mandates 5-year holding.
Vancouver City Council Approves Plans to Explore Bitcoin Adoption
Vancouver now plans to explore adding bitcoin to its financial system, including using it for taxes and reserves, with a feasibility report due by Q1 2025.
PlebLab Announces Season 2 of Top Builder in 2025
Top Builder is a 3-month global competition for teams to create impactful Bitcoin solutions with mentorship, collaboration, and innovation.
Microsoft Shareholders Reject Bitcoin Investment Proposal
Microsoft’s board says bitcoin’s volatility makes it unsuitable for treasury reserves, and all selected assets are reviewed for financial stability.
How Timestamp Is Democratizing Bitcoin Investing
Timestamp, an SEC-registered platform, lets anyone invest in Bitcoin startups, bridging the gap for non-accredited and global investors.
Member of Russian State Duma Calls for Creation of National Bitcoin Reserve
Russian politician Anton Tkachev suggests Bitcoin as a tool against sanctions and a hedge against inflation, offering economic stability.
Relai Secures $12 Million for its EU-Expansion
Relai raises $12M led by Ego Death Capital, to expand its Bitcoin platform across Europe, targeting MiCA compliance by 2025.
Amazon Shareholders Want Bitcoin in Company’s $88B Reserves
Amazon shareholders propose investing 5% of the company’s $88B cash reserves in bitcoin to hedge against inflation and protect value.
US Treasury Cites Bitcoin as “Digital Gold” in FY 2024 Q4 Report
The US Treasury called Bitcoin “digital gold,” recognizing its growth and value in DeFi, sparking talks of a potential U.S. bitcoin reserve.
Czech Republic Introduces Tax-Free Rules for Long-Term Bitcoin Holders
Under new Czech rules, bitcoin held for over 3 years will be exempt from capital gains tax, starting January 2025.
WikiLeaks to Preserve Afghan War Logs Forever on Bitcoin Blockchain
WikiLeaks’ Project Spartacus stores 76,911 Afghan War Logs on the Bitcoin blockchain, ensuring uncensorable access to US military files leaked in 2010.
BlackRock’s Bitcoin ETF Breaks $50 Billion AUM Record in Record Time
BlackRock’s Bitcoin ETF hit $50B AUM in 228 days, making it the fastest-growing ETF ever and solidifying BlackRock’s financial market dominance.
Virgin Voyages Becomes First Cruise Line to Accept Bitcoin
Virgin Voyages now accepts bitcoin for its 2025 Annual Pass, offering unlimited luxury cruises with premium perks.
$1.5B Purchase Pushes MicroStrategy’s Bitcoin Holdings Past 400k BTC
MicroStrategy buys 15,400 BTC for $1.5B, bringing its holdings to 402,100 BTC worth $38B, funded by $1.48B from Class A share sales.
Saylor Pitches Bitcoin to Microsoft’s Board in a 3-Minute Presentation
Michael Saylor urged Microsoft’s board to adopt Bitcoin as a financial strategy in a bold 3-minute pitch, sparking debate ahead of a December 10 vote.
Bowling for Bitcoin: How a Cricket Club Embraced Digital Gold
This is the story of a cricket club in Australia which merged Bitcoin’s ethos with cricket’s spirit, blending tradition and tech for a bold, game-changing vision.
UK Court Rejects Craig Wright’s Appeal in Case Against COPA
Craig Wright, who claims to be Bitcoin’s creator, lost a UK court appeal as judges ruled his claims were “totally without merit” and based on forged evidence.
Russia Officially Recognizes Bitcoin as Property, Introduces New Tax Laws
Russia recognizes bitcoin as property under new laws, enabling taxation and trading, and providing mining incentives.
Swiss Canton of Bern Explores Bitcoin Mining to Optimize Energy Use
The canton of Bern in Switzerland approved a plan to study bitcoin mining to use excess energy and stabilize the grid.
Vancouver Mayor Ken Sim Proposes Adding Bitcoin to City’s Reserves
Vancouver’s mayor proposes exploring the integration of bitcoin into the city’s financial strategy, positioning the city as a leader in bitcoin adoption while potentially hedging against inflation.
Strategic Bitcoin Reserve Bill Introduced to Brazil’s Chamber of Deputies
Brazil proposes a Strategic Bitcoin Reserve, allocating up to 5% of its international reserves to bitcoin, boosting leadership in Latin America’s digital economy.
US Customs Reportedly Detained Bitmain Miners At FCC Request
CBP, at FCC’s request, is detaining Bitmain’s Antminer Bitcoin miners, causing delays and sparking concerns over possible sanctions violations.
Bitcoin Miners in Texas Face Probe Under New Registration Rule
Texas, a hub for bitcoin mining, now mandates miners to register with PUCT to better manage energy demands and address grid concerns.
Kalshi: Because ‘I Told You So’ Is Better with Receipts
Kalshi turns predictions into financial bets, holding influencers accountable for accuracy, not just loud opinions.
Marathon Digital Expands Bitcoin Holdings with 5,771 BTC Purchase
Marathon Digital Holdings (MARA) buys 5,771 BTC for $572M, boosting its total holdings to 33,875 BTC, worth around $3.3B.
Cboe to Launch Cash-Settled Bitcoin Index Options on December 2
Cboe will launch cash-settled bitcoin options on Dec 2, tied to the Cboe Bitcoin U.S. ETF Index, expanding access to bitcoin derivatives.
A Bitcoin Adventure in El Salvador: Highlights from the Adopting Bitcoin 2024
I attended the 2024 Adopting Bitcoin Conference in El Salvador and saw firsthand how Bitcoin is being integrated into the economy and the culture.
Senator Lummis Proposes Selling Gold to Bolster Bitcoin Reserves
Senator Cynthia Lummis proposes selling Federal Reserve gold to buy bitcoin, aiming to stabilize the U.S. economy and strengthen the dollar.
Spaces Protocol: Scalable & Permissionless Bitcoin Identities
Domain names are digital assets, yet centralized systems risk censorship. Spaces Protocol on Bitcoin offers a decentralized, trustless naming solution.
Hoth Therapeutics Allocates $1M to Bitcoin as Treasury Asset
Biotech company Hoth Therapeutics plans to invest $1M in bitcoin, joining a trend of firms using BTC as a hedge and store of value.
Options Trading For BlackRock’s Bitcoin ETF Debuts on NASDAQ
BlackRock’s Bitcoin ETF options debuted with over $1.9B in notional exposure, highlighting strong institutional interest.
MicroStrategy Buys its Largest Batch of Bitcoin: 51,780 BTC Added
With another purchase of 51,780 BTC for $4.6B, MicroStrategy’s bitcoin holdings has reached 331,200 BTC, now worth over $30 billion.
Poland’s Presidential Candidate Proposes Bitcoin Reserve Plan
Polish presidential candidate Sławomir Mentzen plans a Strategic Bitcoin Reserve, aiming to make Poland a global Bitcoin leader if elected in 2025.
Beyond Speculation: Kalshi’s Platform for Real-Time Truth
As a regulated event trading platform where users stake on future outcomes, Kalshi reveals collective wisdom and real-time public sentiment.
Solidion Technology Joins Bitcoin Adoption Wave with Bold Treasury Move
Solidion Technology invests 60% of excess cash in bitcoin, citing inflation hedge and long-term value, with plans for continued accumulation.
Goldman Sachs Becomes 2nd-Largest Institutional Holder of BlackRock’s IBIT
Goldman Sachs now holds $710M in bitcoin ETFs, up 71% in Q3, signaling a major shift as it becomes BlackRock iShares Bitcoin Trust’s 2nd-largest holder.
Pennsylvania Pushes Bill to Invest in Bitcoin as a State Reserve
Pennsylvania’s Bitcoin Reserve Act proposes investing up to 10% of state funds in bitcoin as a hedge, positioning the state as a digital asset leader.
MARA Q3 Report Reveals Challenges Despite Surging Prices
Marathon Digital (MARA) posted a $125M Q3 loss due to high costs and tough mining conditions but remains focused on growth.
AI Education Firm Genius Group Adopts Bitcoin as Primary Treasury Reserve
Genius Group commits 90% of its reserves to bitcoin, adopting a “Bitcoin-first” strategy, boosting its stock by up to 150% on NYSE amid bitcoin’s price surge.
Bitcoin Overtakes Silver as the 8th Largest Asset Globally
Bitcoin hit an all-time high of $89,604, surpassing silver in market cap to become the world’s 8th-largest asset, solidifying its status as a major financial force.
People’s Reserve: Redefining Debt for a Prosperous Future
People’s Reserve empowers with debt by using bitcoin as collateral, letting people keep their holdings while accessing liquidity for key investments.
MicroStrategy Buys Another 27,200 BTC, Reserves Now Worth Over $24 Billion
MicroStrategy buys 27,200 BTC, raising its total to 279,420 BTC, now worth over $24B.
Hackalajara: The First Bitcoin-Focused Hackathon in Guadalajara, Mexico
Join Hackalajara, Guadalajara’s first Bitcoin hackathon! From Nov 29-Dec 1, developers unite to innovate, collaborate, and shape Bitcoin’s future.
Stock-to-Flow Model Suggests Bitcoin’s Path to $500,000 is Clear
Analyst PlanB predicts bitcoin may hit $500,000 within this cycle, driven by his stock-to-flow model, recent highs, and favorable U.S. political shifts.
Bitcoin Fog Founder Sentenced to Over 12 Years in Prison
Bitcoin Fog founder Roman Sterlingov was sentenced to 12.5 years for laundering $400M in illicit funds; assets were forfeited by U.S. authorities.
Bitcoin ETFs on Record-Breaking Spree: Largest Inflow to Date
Bitcoin ETFs hit record highs, drawing over $1.3B in daily inflows as BTC price surges. BlackRock’s IBIT leads, capturing 82% of inflows among spot ETFs.
Joltz and Eulen Unveil First Stablecoin On Lightning Network Via Taproot Assets
Joltz and Eulen are launching DePix, Brazil’s first Taproot-based stablecoin, bridging Bitcoin’s Lightning Network with Brazil’s PIX payment system.
$4.1 Billion in One Day: BlackRock’s IBIT Sees Record Trading Volume
Trump’s election win boosted bitcoin, sparking record $4.1B trading in BlackRock’s iShares Bitcoin Trust ETF.
Bitcoin Reaches Historic High Following Trump’s Victory
Bitcoin hits record highs as Trump wins U.S. presidency, fueling optimism among traders who see his policies as pro-Bitcoin and favorable for digital assets.
Metaplanet Gains Spot on The BLOCK Index in First Global Listing
Metaplanet Inc. joins the CoinShares BLOCK Index, showcasing its commitment to Bitcoin and blockchain, enhancing its presence in the Asian digital finance market.
Deutsche Telekom Explores Bitcoin Mining In Partnership With Metzler Bank
Deutsche Telekom enters Bitcoin mining with Metzler Bank, using excess renewable energy to stabilize Germany’s power grid.
Bitcoin for Peace: Role of Bitcoin in Promoting Global Stability
Bitcoin can promote peace by fostering financial inclusion, reducing inequality, and offering decentralized governance.
Inside MicroStrategy’s Bold $42 Billion Plan: What We Know So Far
MicroStrategy plans to raise $42 billion over three years to invest in bitcoin, launching its bold “21/21 Plan,” furthering its unique Bitcoin strategy.
Argentina’s Central Bank Hosts Live Bitcoin Mining Exhibit
Argentina’s central bank hosts its first Bitcoin mining exhibit, spotlighting digital assets and artist Alberto Echegaray’s work on Bitcoin’s transformative power.
The Mystery of Bitcoin’s Creator: A New “Satoshi Nakamoto” Claim Falls Short
Stephen Mollah’s claim to be Bitcoin’s creator, Satoshi Nakamoto, fell flat at a London press event, adding him to the list of unconvincing claimants.
BlackRock’s Bitcoin ETF Sees Largest Inflow Since Inception
Bitcoin ETFs are seeing record inflows, with BlackRock’s IBIT leading, as investors rush to capitalize on rising bitcoin prices near all-time highs.
Betting on Tomorrow: How Kalshi is Revolutionizing Prediction Markets
Kalshi, a CFTC-regulated exchange, redefines prediction markets, letting users hedge against future events in an uncertain world.
Florida CFO Jimmy Patronis Calls for Bitcoin Inclusion in State Retirement Funds
Florida CFO Jimmy Patronis urges exploring bitcoin for state retirement funds, citing potential for stability and diversification in state’s $205B portfolio.
BRICS Nations Eye Bitcoin to Break Free from the U.S. Dollar: VanEck
BRICS nations may adopt bitcoin for trade, reducing reliance on the U.S. dollar and boosting financial independence, says VanEck’s Matthew Sigel.
Metaplanet’s Latest Bitcoin Purchase Pushed Its Holdings Past 1,000 BTC
Tokyo’s Metaplanet has become one of Asia’s largest corporate bitcoin holders, amassing over 1,000 BTC since April 2024.
Emory University Becomes First U.S. University to Publicly Invest in Bitcoin
Emory University becomes the first U.S. university to invest its endowment in Bitcoin, marking a milestone in academia’s growing interest in digital assets.
Microsoft to Vote for “Bitcoin Investment” in Next Shareholder Meeting
Ahead of Microsoft’s December meeting, a conservative group proposed investing in bitcoin, but the board urged shareholders to vote “no.”
Pennsylvania’s ‘Bitcoin Rights Bill’: A Big Step Forward in State Bitcoin Regulations
Pennsylvania passes the Bitcoin Rights bill, securing self-custody, payment use, and tax rules for Bitcoin, with a 176-26 bipartisan vote.
Denmark to Impose Unrealized Gains Tax On Bitcoin
Denmark plans a 42% tax on unrealized bitcoin gains starting Jan 2026, taxing value increases even without asset sales.
From Tyranny to Innovation: The Rise of Swapido
Gustavo Flores Echaiz founded Swapido in Mexico, aiming to simplify Bitcoin transactions and revolutionize its use in Latin America.
Bitcoin’s Retail Resurgence: Small Investors Drive New Momentum
Bitcoin sees a surge in retail investor activity, with small-value transactions up 13%, as the price rallies 32% from September lows, reigniting market interest.
Denver’s New Bitcoin Citadel “The Space”
Denver’s The Space is a member-run Bitcoin hub, fostering collaboration, education, and networking for Bitcoin enthusiasts in Colorado.
Bitcoin Futures Open Interest Hits Record High of $40.5 Billion
Bitcoin futures open interest hit a record $40.5B on Oct 21, as BTC hovers near $70K, sparking speculation about its next price move.
How Long Does it Take for Bitcoin To Peak After Halving?
Bitcoin’s April 2024 halving passed, with the price now at $67,000 after a March high of $73,000, raising questions about its next peak post-halving.
Federal Reserve Suggests Taxing or Banning Bitcoin to Preserve Government Deficits
The Minneapolis Fed suggests taxing or banning Bitcoin to help manage U.S. deficits, citing its potential to disrupt government spending.
Empowering the Next Generation: AB2024 with Spotlight on Kids and Families
On a mission to spread the word about Bitcoin through education, networking, and practice, this year’s Adopting Bitcoin conference in El Salvador is getting even more unique due to its extra attention on kids, teens, and their mentors. Get ready for Bitcoin Para Niños, two days packed with dynamic learning sessions and entertainment!
Bitcoin ETFs Saw $2B of Inflows Last Week: Will the Trend Continue?
Bitcoin ETFs saw a rare week of no outflows, recording $2B inflows and boosting total to $21B, reflecting strong demand from institutional and retail investors.
SEC Approves Options Trading for Spot Bitcoin ETFs on NYSE and Cboe
The SEC has approved options trading on spot Bitcoin ETFs for NYSE and Cboe, opening new investment opportunities.
FBI Arrests Hacker Behind SEC X Account Hack that Spiked Bitcoin’s Price
The FBI arrested a suspect involved in hacking the SEC’s X account in January 2024, when a fake tweet about Bitcoin ETF approval briefly caused bitcoin prices to spike.
Italy to Raise Bitcoin Tax to 42% Because “The Phenomenon is Spreading”
Italy plans to raise its capital gains tax on Bitcoin from 26% to 42%, sparking concerns among investors about its impact on the digital economy.
Tesla Moves its Entire Bitcoin Stash, Raising Questions About Future Strategy
Tesla moved 11,509 BTC (~$765M) to unknown wallets after 2 years of inactivity, sparking speculation about its future plans for bitcoin holdings.
Bitcoin, Banter, and Brandon: The Green Candle Investments Show
Brandon Keys’ Green Candle Show simplifies Bitcoin and finance, offering expert insights and bridging the knowledge gap.
BlackRock’s Larry Fink: Bitcoin is an Independent Asset Class
BlackRock CEO Larry Fink called Bitcoin “an asset class in itself”, boosting its mainstream acceptance and potential inclusion in institutional portfolios.
Bitcoin Address Lookup: Blockchain’s Pseudonymous Nature
Bitcoin ensures transparency with privacy. Anyone can audit its capped 21M supply, track transactions, and verify addresses, offering financial sovereignty over banks.
German Publicly-Listed Samara AG Plans €30 Million Investment in Bitcoin
Samara AG’s €30M investment in bitcoin is aimed towards building large reserves, following MicroStrategy’s lead.
CryptoSteel: Safeguarding Your Digital Fortune
In digital security, paper backups are often overhyped. Cryptosteel presents a better and safer way to backup your Bitcoin seed phrase and other important data.
Craig Wright Files $1 Trillion Lawsuit Against Bitcoin Core Developers
Craig Wright has filed a £911 billion lawsuit against Bitcoin Core developers and Square, focusing on Bitcoin’s integrity.
Mt. Gox Extends Repayment Deadline Again, Delays Compensation to 2025
Mt. Gox delays repayment by another year; creditors must now wait until October 31, 2025, marking yet another extension in this long-running saga.