Tag: bitcoin
Market NewsTrump Media Launches New SPAC to Acquire Crypto Firm
Story Highlights Trump Media files a SPAC to raise $179M for cryptocurrency purchases. The firm bought Bakkt and planned its trading platform, TruthFi. Bitcoin slightly…
North Carolina Eyes Bold 10% Bitcoin Investment Plan
Story Highlights North Carolina’s SB327 proposes a 10% Bitcoin allotment for public funds. The state treasurer will place holdings in multi-signature cold storage. Monthly audits…
Metaplanet Boosts Bitcoin Holdings During Market Dip
Story Highlights Metaplanet issues zero-interest bonds to purchase more Bitcoin. The corporation now possesses 3,200 BTC, worth over $265 million. Metaplanet is the 10th largest…
Bitcoin Bull Cycle Is Over, Says CryptoQuant CEO Ki Young Ju
Story Highlights Bitcoin bull cycle is over, warns CryptoQuant CEO Ju. Ju predicts Bitcoin’s bearish or sideways trend for months. Ju holds Bitcoin but acknowledges…
Strategy Adds 130 BTC, Achieves 6.9% BTC Yield YTD
Story Highlights Strategy acquires 130 BTC for $10.7M at $82,981 per coin. The company holds 499,226 BTC, purchased for $33.1B at $66,360 each. Michael Saylor…
South Korea Rejects Bitcoin Reserves Over Volatility Concerns
Story Highlights Officials rejected Bitcoin as a foreign reserve due to concerns about its volatility and liquidity. The political push for crypto reserves continues, but…
Bitcoin Still in Bull Market Despite Small Drop
Story highlights Bitcoin dips, but bull market remains strong. Bitcoin demand drops by 140K BTC. Profit-taking follows Bitcoin’s $109K all-time high. Bitcoin is going through…
Rumble Invests $17.1M in Bitcoin as Treasury Asset
Story Highlights Rumble invests $17.1M in Bitcoin as part of treasury strategy The company acquires 188 Bitcoin at an average price of $91,000 Rumble plans…
Starknet Becomes First L2 to Unify Bitcoin and Ethereum
Story Highlights Starknet unites Bitcoin and Ethereum for better transactions. Bitcoin gets faster and cheaper with Starknet. Starknet ensures that Bitcoin remains secure and decentralized.…
