Bitwise files S-1 registration for ETF tied to Bitcoin and Ether
After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs. Go to Source
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Brazil Introduces Bill to Establish Strategic Bitcoin Reserve
Brazil’s Chamber of Deputies has formally introduced a bill proposing the creation of a Strategic Sovereign Bitcoin Reserve (RESBit) to diversify national financial assets and strengthen economic resilience. Brazil Proposes Bitcoin Reserve to Bolster Economy and Embrace Innovation The legislation, titled “Projeto de Lei 4501/2024″ and authored by Federal Deputy Eros Biondini, aims to position … Read more
$185M in Bitcoin Resurfaces: Dormant 2014 Wallet Awakes After Nearly a Decade
On Nov. 26, at block height 872,092, a long-dormant stash of 1,965 bitcoin (BTC), valued at a staggering $185.3 million, stirred for the first time in nearly a decade. Vintage 2014 Bitcoin Wallet Awakens: Millions Shift Amid Record Prices As bitcoin hovers above $90,000, trading at $94,342 per coin at 11:40 a.m. EDT on Tuesday, … Read more
Bitcoin Network’s Total Value Locked Surges To Over $4.3 Billion
The Bitcoin network has seen an impressive surge in its Total Value Locked (TVL), surpassing $4.3 billion with 44,369 BTC currently staked. This growth follows Babylon’s groundbreaking introduction of native Bitcoin staking, which has revolutionized how users participate in Bitcoin’s ecosystem. Babylon Labs is at the forefront of this shift, with nearly 24,000 BTC staked … Read more
Tether’s $5B mint and political entanglements raise suspicion about industry
Unraveling Tether’s complex web of financial maneuvers and its impact on the global crypto market. Go to Source
Bitcoin Nears $100K, Record Inflows And Outflows Mark Historic Milestone
Bitcoin is edging closer to a $100,000 price tag, reaching a new all-time high of $99,000, with the six-figure mark now within striking distance. This surge has sparked a wave of excitement across social media, with platforms like X, Reddit, Telegram, 4Chan, and BitcoinTalk buzzing with discussions about Bitcoin potentially hitting $100K. https://twitter.com/santimentfeed/status/1859692427667439964?t=n7GwRbGl6qAv92OheHUemw&s=19 While the … Read more
Critics Debate Microstrategy’s High-Stakes Bitcoin Play: Genius or a Ticking Time Bomb?
Microstrategy’s bold move to accumulate bitcoin has drawn its share of fire from critics, largely due to the financial hazards and strategic questions it raises. Bubble Trouble? Critics Call Microstrategy Stock a ‘Ponzi Scheme’ Since 2020, the business intelligence firm has been on a bitcoin shopping spree, with its latest acquisition adding 55,500 BTC to … Read more
Bitcoin on corporate balance sheets: What’s the risk and reward?
Explore the risks and rewards of Bitcoin on corporate balance sheets. Is it a strategic hedge or a volatile investment? Go to Source
Bitcoin Nears $100K As Institutional Confidence Grows
Bitcoin continues its march toward the elusive $100,000 milestone, hitting an all-time high of $99,850. As it nears this psychological barrier, limit sell orders are being triggered, and many in the market believe it’s only a matter of time before Bitcoin crosses the six-figure threshold. However, long-term Bitcoin holders appear to be taking a cautious … Read more
Bitcoin nears 1M daily active addresses as price chases $100K
The growing network activity is a promising sign for Bitcoin’s battle toward the historic $100,000 mark, which was just $200 away on Nov. 22. Go to Source