Bitcoin
Cointelegraph reports that the Philippine Congress is weighing legislation that would establish a strategic Bitcoin reserve of 10,000 BTC through its central bank. House Representative Miguel Luis Villafuerte filed House Bill 421 on June 30, 2025, directing the Bangko Sentral ng Pilipinas to purchase 2,000 Bitcoin annually over
Bitcoin
Bitcoin sentiment has returned to neutral levels following a brief market correction that pushed the cryptocurrency into fear territory on Wednesday. According to Cointelegraph, Bitcoin fell to $112,350 on Coinbase during late trading on Wednesday, representing a 10% correction from its August peak of just over $124,000. The
Bitcoin
A Bitcoin whale who held 14,837 BTC for seven years sold $189 million worth of Bitcoin to open leveraged Ethereum positions totaling $295 million. According to Cointelegraph, the whale initially sold 670 BTC for $76 million on Wednesday, then deposited another 1,000 BTC worth $113 million on decentralized
Bitcoin
Bitcoin dropped to $112,565 on Wednesday, reaching its lowest point in two weeks as cryptocurrency investors prepared for Federal Reserve Chair Jerome Powell's upcoming Jackson Hole speech. According to Cointelegraph, the price decline represented the lowest level since August 3. The drop below $113,000 reflected growing
Bitcoin
Cryptocurrency investment products posted their second-largest daily withdrawals this month on Tuesday. Cointelegraph reports that Bitcoin ETF outflows reached $523 million. Ethereum ETF redemptions totaled $422 million on the same day. The massive withdrawals represent a more than fourfold increase for Bitcoin funds compared to Monday's $200 million
Bitcoin
President Donald Trump signed an executive order on August 7, 2025, allowing Americans to invest their 401(k) retirement savings in cryptocurrencies and other alternative assets. According to Cointelegraph, this development could push Bitcoin above $200,000 by the end of 2025, based on analysis from André Dragosch, head of
Bitcoin
Two Prime and Figment announced a strategic partnership Tuesday to provide institutional clients access to yield opportunities across Bitcoin and over 40 digital asset protocols. According to Cointelegraph, Two Prime's institutional clients will gain access to yield strategies for Bitcoin, Ethereum, Solana, Avalanche and Hyperliquid through the collaboration.
Bitcoin
Dutch cryptocurrency service provider Amdax announced Monday its intention to create a Bitcoin treasury company for listing on Amsterdam's Euronext stock exchange. According to Cointelegraph, the company is establishing AMBTS B.V., a privately held firm with independent governance that will operate as a standalone entity. AMBTS aims
Bitcoin
Cointelegraph reports that Strategy acquired 430 Bitcoin for $51.4 million during the week ending August 18, 2025. The purchase occurred at an average price of $119,666 per coin as Bitcoin experienced massive volatility. The acquisition happened as Bitcoin reached new all-time highs above $124,000 on Wednesday before
Bitcoin
Cointelegraph reports that Ether holds a slight edge over Bitcoin in short-term prospects due to less overheated social media sentiment. According to sentiment platform Santiment, Ether crowds haven't shown nearly as much bullishness despite better performance over the past three months. The ETH/BTC ratio, which measures Ether&
Bitcoin
Gemini Space Station has filed with the US Securities and Exchange Commission to list its Class A common stock on the Nasdaq Global Select Market under the ticker GEMI. According to Cointelegraph, the crypto exchange and custodian founded by Cameron and Tyler Winklevoss submitted its filing on Friday. The IPO
Bitcoin
US Treasury Secretary Scott Bessent confirmed Thursday that his department continues exploring budget-neutral methods to acquire Bitcoin for the Strategic Bitcoin Reserve. The clarification came after earlier comments triggered a sharp Bitcoin price decline and widespread confusion about the government's cryptocurrency strategy. According to Cointelegraph, Bessent stated on
Bitcoin
David Bailey's Bitcoin firm Nakamoto completed its merger with healthcare company KindlyMD on Thursday, creating a publicly traded Bitcoin treasury vehicle with plans to accumulate 1 million Bitcoin. According to Cointelegraph, the merged entity retains the KindlyMD name and continues trading on Nasdaq under ticker NAKA, with Nakamoto
Bitcoin
Bitcoin reached an all-time high of $124,457 on Thursday, according to Cointelegraph. The milestone pushed Bitcoin's market capitalization past Google's $2.45 trillion valuation. This achievement made Bitcoin the fifth-largest global asset by market value. The price surge drew optimistic responses from industry leaders. Gemini
Bitcoin
Global grocery chain Spar has launched cryptocurrency and stablecoin payments across Switzerland, becoming the first retailer to implement nationwide digital asset payments in the country. According to Cointelegraph, the initiative went live in 100 stores and will expand to 300 locations in the coming months. The payment system operates through
Bitcoin
According to Cointelegraph, Bitcoin-focused investment company Metaplanet has surged 190% year-to-date, dramatically outperforming Japan's largest blue-chip companies. The Tokyo-listed company released its second quarter 2025 earnings report on Wednesday, showing its year-to-date performance exceeded the 7.2% average gain posted by the TOPIX Core 30 index. The TOPIX