El Salvador added 12 BTC to its reserves in the past day, ramping up its Bitcoin purchase as the leading crypto asset hovers near its all-time high. This development comes despite a recent agreement with the International Monetary Fund (IMF) to scale back some of its crypto policies. Bitcoin Push Continues The National Bitcoin Office […]
An unnamed Canadian crypto forum moderator was reportedly forced to go into hiding with his family following an alleged kidnap attempt where the criminals intended to steal his Bitcoin. According to the local press, the man has been forced to move his family from one Airbnb to the next because the police are apparently unable […]
Nevada-based Bitcoin mining firm – CleanSpark – has reached a significant milestone by surpassing 10,000 BTC in its treasury. All the Bitcoins were mined exclusively from its US-based operations. The latest figure reflects a 236% year-over-year (YoY) increase in its Bitcoin holdings. CleanSpark Hits Milestone Zach Bradford, CEO and President of the firm attributed the […]
With Bitcoin’s increasing presence in traditional financial systems and speculation around a US BTC strategic reserve, some experts foresee a major supply shock during this cycle, potentially disrupting the 4-year cycle theory with extraordinary price growth. However, a new report indicates that such a supply shock is unlikely to happen in 2025. Analyzing Bitcoin Long-Term […]
With Bitcoin’s increasing presence in traditional financial systems and speculation around a US BTC strategic reserve, some experts foresee a major supply shock during this cycle, potentially disrupting the 4-year cycle theory with extraordinary price growth. However, a new report indicates that such a supply shock is unlikely to happen in 2025. Analyzing Bitcoin Long-Term […]
Bhutan’s newly established Special Administration Region – Gelephu Mindfulness City (GMC) – announced plans to recognize digital assets such as Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) as part of its strategic reserves. The latest move has made the region one of the first jurisdictions to officially hold digital assets within its reserve portfolio. […]
Bhutan’s newly established Special Administration Region – Gelephu Mindfulness City (GMC) – announced plans to recognize digital assets such as Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB) as part of its strategic reserves. The latest move has made the region one of the first jurisdictions to officially hold digital assets within its reserve portfolio. […]
Musk will head the newly-created White House advisory office named D.O.G.E. It’s a play on the Texas techno king’s love for Dogecoin and an acronym that stands for Department of Government Efficiency. DOGE Aims to Whip Inflation Now We either fix this or go de facto bankrupt https://t.co/hmjpx6uBfd — Elon Musk (@elonmusk) December 26, 2024 […]
The rapid evolution of quantum computing could pose significant threats to Bitcoin’s ecosystem according to CryptoQuant. A new analysis by the platform revealed two critical areas that could be targeted are – mining and private key security. Bitcoin’s Dual Vulnerabilities Bitcoin miners rely on a nonce and the SHA-256 hash function to secure the network […]
Gemini Trust Co. has agreed to pay $5 million to settle a Commodity Futures Trading Commission (CFTC) lawsuit that accused the firm of misleading authorities during its attempt to launch the first U.S.-regulated Bitcoin futures contract. The agreement was revealed Monday in a proposed consent order filed in the U.S. District Court for the Southern […]