Strategy purchased 13,390 Bitcoin (BTC) for $1.34 billion between May 5 and May 11, according to a filing with the US Securities and Exchange Commission published on May 12. The acquisition took place as Bitcoin reclaimed the $100,000 price level on May 8, with purchases made at
Bitcoin
The United States and China have agreed to temporarily reduce their reciprocal tariffs to 10% for a 90-day period beginning May 14, 2025. According to Cointelegraph, this agreement marks a significant thaw in the trade war between the world's largest economies that had previously seen tariffs exceed 100%
Nations adopting Bitcoin as a reserve asset creates a foundation for broader acceptance of blockchain technology in governance systems. The integration of Bitcoin into national treasuries serves as a practical first step toward digital governance solutions including blockchain-based voting mechanisms, digital identity systems, and transparent licensing platforms. These technologies share
Bitcoin
According to Cointelegraph, El Salvador has added 7 Bitcoin (BTC) to its national strategic reserve over the past week, bringing its total holdings to 6,173 BTC, valued at over $637 million. This acquisition continues despite a December 2024 loan agreement with the International Monetary Fund (IMF) that specifically required
Bitcoin
Coinbase, the largest US cryptocurrency exchange, considered adopting a Michael Saylor-like Bitcoin strategy for its treasury but ultimately decided against the approach due to risk concerns. According to Bloomberg, Coinbase CEO Brian Armstrong revealed on May 9 that the company contemplated allocating 80% of its balance sheet to Bitcoin on
100 Reasons For Bitcoin
Countries that establish Bitcoin reserves create economic ecosystems that generate high-quality employment opportunities for technical professionals. Nations facing significant outflows of skilled IT workers can develop vibrant cryptocurrency sectors through regulatory clarity and national Bitcoin adoption. Data shows that regions with progressive cryptocurrency policies experience higher retention rates of software
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Japanese investment firm Metaplanet announced a new $21.25 million bond issue to purchase additional Bitcoin for its growing treasury. According to Cointelegraph, the company will issue "0% Ordinary Bonds" with all funds allocated exclusively for Bitcoin acquisition. This latest funding round comes just days after Metaplanet revealed
Bitcoin
German law enforcement agencies have seized 34 million euros ($38 million) in cryptocurrency from eXch, an exchange platform allegedly used to launder funds stolen in the record-breaking $1.4 billion Bybit hack. According to Cointelegraph, the seizure was announced on May 9 by Germany's Federal Criminal Police Office
100 Reasons For Bitcoin
Countries maintaining national reserves face a strategic dilemma when fiscal emergencies arise: which assets to liquidate first. The historical approach has often required selling precious metals like gold, effectively reducing a nation's long-term wealth preservation capacity. Bitcoin presents an alternative liquidity layer that can shield gold and other
Bitcoin
David Bailey, CEO of BTC Inc. and a key advisor to President Donald Trump on cryptocurrency policy, has raised $300 million to launch a publicly traded Bitcoin investment company named Nakamoto, CNBC reported on May 7, 2025. The funding includes $200 million in equity and $100 million in convertible debt,
Bitcoin
Latest Regulatory Development The Office of the Comptroller of the Currency (OCC) announced through interpretive letters on Wednesday that national banks can now buy and sell cryptocurrency assets on behalf of their customers. CoinDesk reports that the OCC clarified banks can also outsource crypto-related services to third parties, including custody
100 Reasons For Bitcoin
Nations holding Bitcoin in reserve assets gain the option to develop exchange-traded funds (ETFs) or notes that track these holdings, expanding access to domestic capital markets. When countries list Bitcoin-backed investment vehicles on their exchanges, they create new entry points for institutional and retail investors who seek regulated exposure to
Bitcoin
Hive Digital Technologies has completed the first phase of its 100-megawatt Bitcoin mining facility in Yguazú, Paraguay, marking a major expansion of its operations in Latin America. According to Crypto.news, the announcement caused Hive Digital's shares to rise 2% in pre-market trading on April 21. The newly
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New Lending Service Targets Bitcoin Long-Term Investors Xapo Bank has introduced Bitcoin-backed loans of up to $1 million, allowing customers to access liquidity without selling their Bitcoin holdings according to an announcement made on March 18, 2025. CoinDesk The Gibraltar-based wealth manager, known for its Bitcoin custody and interest-bearing account
100 Reasons For Bitcoin
Nations concerned about Bitcoin's price volatility now have access to sophisticated financial instruments for risk management. Bitcoin derivatives markets provide governments with hedging tools similar to those used for traditional reserve assets like gold and commodities. These instruments - futures, options, and swaps - allow countries to maintain
Bitcoin
Binance co-founder Changpeng "CZ" Zhao has recommended Bitcoin and BNB as the foundation for Kyrgyzstan's planned National Crypto Reserve. On May 5, Zhao shared this advice on social media following his appointment to the country's National Crypto Committee by President Sadyr Japarov . The proposal