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South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S. President Donald Trump’s March 6 executive order promoting bitcoin stockpiling. The Bank of Korea, responding to a query from Rep. Cha Gyu-geun, emphasized that reserves … Read more
A British man’s desperate fight to recover about 8,000 lost bitcoin—worth hundreds of millions—has been blocked again, pushing him to take his battle to Europe. Appeal Denied: 8,000 BTC Trapped as Man’s Battle Moves to Europe A British man who accidentally discarded a hard drive containing bitcoin worth hundreds of millions of dollars has faced … Read more
Digital asset investment products have faced a historic stretch of outflows, totaling $6.4 billion over the past five weeks. Bitcoin and ether bore the brunt, while XRP stood out with continued inflows. Bitcoin Funds Hit Hard as Historic Outflow Streak Reaches 17 Days Crypto investment products recorded its worst outflow streak on record with digital … Read more
Bitfarms Ltd. has finalized its acquisition of Stronghold Digital Mining, Inc., marking an expansion of its U.S. operations and energy capabilities. The deal strengthens Bitfarms’ position in the PJM market and advances its high-performance computing (HPC) and artificial intelligence (AI) initiatives. Bitfarms Advances HPC/AI Strategy with Stronghold Acquisition The acquisition increases Bitfarms‘ energy portfolio to … Read more
On Monday, following Sunday’s action, the notorious Hyperliquid trader returned with a 40x short bitcoin play carrying a notional value of $524 million at about 2:45 p.m. Eastern Time on March 17. High-Stakes Bet: Hyperliquid’s 40x Short Continues to Play out Bitcoin ( BTC) is balancing just above the $84,000 mark once again, and the … Read more
Bitcoin’s hashrate has bounced back impressively after dipping to 752 exahash per second (EH/s) on Feb. 25, now climbing to 819.65 EH/s, even as earnings took a notable hit in March. Earnings Drop, Hashrate Rises The network’s computational strength has strengthened, currently sitting over 67 EH/s above its Feb. 25 low. At that time, the … Read more
Michael Saylor’s newly rebranded software company turned bitcoin treasury firm Strategy, announced a 130 BTC purchase on Monday as the dominant cryptocurrency hovered just above $83,000, staying mostly flat since last week. Strategy Doubles Down on Bitcoin, As BTC Hovers at $83K Bitcoin ( BTC) remained relatively stable over the past 24 hours, trading within … Read more
Strategy has expanded its bitcoin holdings to 499,226 BTC after a $10.7 million purchase, while preparing a massive $21 billion stock offering for future BTC acquisitions. Strategy Holds 499,226 BTC—While Raising Nearly $21B for Even Bigger Buys Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on March 17 that it had … Read more
Bitcoin faces a steep decline if the Nasdaq downturn deepens, warns Peter Schiff, predicting a wave of panic selling that could shake investor confidence and destabilize markets. Peter Schiff Predicts Bitcoin Collapse if Nasdaq’s Downturn Becomes a Full Crash Economist and gold advocate Peter Schiff has issued a stark warning about bitcoin’s future, suggesting that … Read more
A Reddit thread exploring whether bitcoin holders would sell at $1 million reveals a divided yet pragmatic community weighing financial goals, inflation risks, and long-term faith in the leading cryptocurrency. Bitcoin Holders Split on $1M Exit Strategy A recent Reddit discussion in r/bitcoin delved into the hypothetical scenario of bitcoin (BTC) reaching $1 million, sparking … Read more