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Trump’s Crypto Czar David Sacks sees potential for bitcoin in the U.S. sovereign wealth fund as officials explore its role as a strategic reserve asset. Crypto Czar David Sacks on Bitcoin’s Potential Role in the US Sovereign Wealth Fund Crypto Czar David Sacks has weighed in on the potential role of bitcoin in the newly … Read more
Microstrategy, also known as Strategy, recorded its largest quarterly bitcoin acquisition in Q4 2024, adding 218,887 BTC for $20.5 billion as it expanded its accumulation strategy. The Biggest Bitcoin Buy in Microstrategy’s History—And They’re Not Stopping Microstrategy Inc. (Nasdaq: MSTR), also known as Strategy, reported its fourth-quarter earnings for 2024 on Feb. 5, marking significant … Read more
Arbitrum has integrated with BitcoinOS (BOS) to bring its Ethereum-based layer two (L2) scaling solution to the Bitcoin network. Arbitrum Brings Ethereum-Based L2 Scaling to Bitcoin According to the release shared with Bitcoin.com News, the integration allows Arbitrum One, an L2 network on Ethereum, to function as a hybrid rollup that leverages both Bitcoin’s security … Read more
Bitcoin’s computational prowess currently hums at 825.85 exahash per second (EH/s), a gentle dip from its zenith of 844 EH/s recorded on Feb. 4, 2025. The network’s transaction queue, known as the mempool, continues to reflect minimal activity, while newly minted blocks materialize slightly quicker than the protocol’s 10-minute target. Foundry Leads Mining Race: Four … Read more
Microstrategy has unveiled a rebranding effort, adopting the name Strategy to emphasize its commitment to bitcoin and artificial intelligence (AI). Microstrategy Renames Itself Strategy The Tysons Corner, Virginia-headquartered firm, recognized for its business analytics tools and substantial bitcoin reserves, introduced its updated identity, logo, and branding Tuesday. The refreshed logo displays a modernized “B” symbolizing … Read more
Bitcoin currently trades at $97,821 to $98,313 over the last hour, boasting a $1.96 trillion market valuation and $54.21 billion in daily activity, oscillating between $96,147 and $100,760 today. It lingers 9.2% shy of its historic peak, a threshold tantalizingly close yet just out of immediate reach. Bitcoin Bitcoin‘s daily price action paints a tempestuous … Read more
Bitcoin mining firm Bitdeer has acquired a 101-megawatt permitted site in Alberta for $21.7 million to build a bitcoin mining data center. Bitdeer to Build Power Plant for Bitcoin Mining Bitdeer, a bitcoin mining company has taken a major step toward becoming a fully integrated mining operation with the $21.7 million acquisition of land and … Read more
According to an analysis by QCP Capital, crypto markets remain turbulent as traders evaluate unfolding geopolitical events and macroeconomic influences. QCP Analysts Remain Cautious About Negative Geopolitical Shocks From U.S.-China Tensions QCP Capital notes that traditional financial markets continue to experience erratic trading, with the S&P 500 laboring to sustain the crucial 6,000 mark. This … Read more
Ether and bitcoin ETFs enjoyed significant inflows on Tuesday, Feb. 4, as market momentum continues to pick up after a volatile start to the week. Investors Pile on Ether ETFs As Total Net Assets Cross $10 Billion Ether exchange-traded funds (ETFs) crossed $10 billion in total net assets after attracting $308 million in inflows on … Read more
As one of the largest Bitcoin ATM operators in North America, Bitcoin Depot has added 51 BTC to its treasury holdings, bringing its total to 71.5 BTC. $5 Million Purchase Reinforces Bitcoin Depot’s Belief in Bitcoin Long Term Potential Bitcoin Depot has strengthened its bitcoin treasury strategy with a $5 million BTC purchase, reflecting its … Read more
