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
Bitcoin
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
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Florida has officially withdrawn two bills aimed at establishing a state-level strategic Bitcoin reserve, dealing a blow to cryptocurrency advocates in the state. According to CoinDesk, Florida's House Bill 487 and Senate Bill 550 have been "indefinitely postponed and withdrawn from consideration" on May 3. The
100 Reasons For Bitcoin
Property rights tokenization on Bitcoin-based protocols offers nations a streamlined approach to managing real estate ownership and transfers. Countries that incorporate Bitcoin reserves gain direct access to blockchain infrastructure that enables property rights to be represented as digital tokens, reducing administrative overhead by up to 90% and cutting transaction settlement
Bitcoin
OKX founder and CEO Star Xu publicly defended the cryptocurrency exchange against accusations from Tron founder Justin Sun regarding the handling of a law enforcement request. According to Cointelegraph, Sun claimed OKX failed to respond to a "freeze notice" sent to its official email from a "relevant
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Governor Katie Hobbs of Arizona has vetoed a bill that would have allowed the state to invest in Bitcoin using seized funds, effectively ending the state's bid to become the first in the nation to adopt cryptocurrency in its official reserves. The legislation, Senate Bill 1025, proposed creating
100 Reasons For Bitcoin
Bitcoin-based disbursements for social services create verifiable transaction records that anyone can audit, potentially reducing corruption in public assistance programs. When governments allocate Bitcoin for housing subsidies, education grants, or healthcare initiatives, these transactions become permanently recorded on the blockchain. This transparency allows citizens, journalists, and watchdog organizations to track
News
CANNES EMBRACES CRYPTOCURRENCY PAYMENTS Merchants in Cannes, France, home of the renowned Cannes Film Festival, will begin accepting cryptocurrency payments by summer 2025, with municipal officials targeting a 90% adoption rate among local businesses. According to Cointelegraph, the initiative aims to attract high-net-worth visitors by modernizing the city's
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Ethereum co-founder Vitalik Buterin announced a plan to simplify Ethereum's base protocol, drawing inspiration from Bitcoin's minimalist design approach. In a blog post titled "Simplifying the L1" published on May 3, 2025, Buterin outlined his vision to restructure Ethereum's architecture across consensus,
100 Reasons For Bitcoin
Nations that adopt Bitcoin as part of their reserves gain opportunities to form strategic alliances with other crypto-friendly states. Countries like El Salvador and the Central African Republic have already established Bitcoin reserves, creating potential for formal agreements on joint mining operations, cross-border payment systems, and digital asset research. These
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US SEC-registered investment advisory firm Two Prime has ended support for Ether and adopted a Bitcoin-only strategy. The announcement came on May 1, after the firm provided $1.5 billion in loans across both Bitcoin and Ether over the past 15 months. Two Prime cited ETH's 45% value