Bitcoin

100 Reasons For Bitcoin

78th Reason For National Bitcoin Reserve: Setting a Global Benchmark for Balanced Crypto Regulations

Nations that adopt Bitcoin as part of their reserves gain a first-mover advantage in defining regulatory frameworks that others may follow. Early adopter countries can establish practical standards for taxation, anti-money laundering procedures, know-your-customer protocols, and consumer protection measures that balance innovation with security. This positioning allows these nations to

Bitcoin

Bitcoin-Based Stacks Asia Foundation Partners with Abu Dhabi Global Market

Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East through a new partnership with the Abu Dhabi Global Market (ADGM). The collaboration was announced on April 28 and aims to promote institutional Bitcoin adoption in the Middle East and Asia

Bitcoin

Coinbase Launches Bitcoin Yield Fund for Institutional Investors

Coinbase plans to launch its Bitcoin Yield Fund on May 1, targeting institutional investors outside the US seeking passive income from their Bitcoin holdings. The world's third-largest cryptocurrency exchange by volume announced the fund will aim for annual net returns between 4% and 8%. According to the April

100 Reasons For Bitcoin

77th Reason For National Bitcoin Reserve: Reduced Reliance on IMF Loans Through Crypto Liquidity

Nations adopting Bitcoin as part of their reserves can gain alternative liquidity options during financial crises, potentially reducing dependence on International Monetary Fund (IMF) loans and their associated conditions. When countries face balance of payment problems or currency instability, they typically approach the IMF for emergency funding. However, these loans

Bitcoin

Michael Saylor Suggests New Bitcoin Purchase as Whale Accumulation Grows

Michael Saylor, co-founder of Strategy, hinted at another Bitcoin investment on April 27, just one week after the firm purchased $555 million worth of Bitcoin at an average price of $84,785 per coin. His social media post "Stay Humble. Stack Sats" fueled speculation about the size of

Bitcoin

El Salvador Continues Bitcoin Acquisition While Maintaining IMF Compliance

El Salvador has acquired 7 Bitcoin worth over $650,000 in the week leading up to April 27, according to blockchain data from the country's Bitcoin Office. This acquisition comes despite an agreement with the International Monetary Fund (IMF) that appeared to restrict such purchases. During an April

100 Reasons For Bitcoin

76th Reason For National Bitcoin Reserve: Foreign Debt Repayments Become Possible With an International Digital Asset

Nations holding Bitcoin as part of their reserve assets could gain new options for managing foreign debt obligations. While traditional debt repayments typically occur in major fiat currencies like the US dollar or euro, Bitcoin introduces the possibility of alternative settlement mechanisms. Countries facing foreign currency shortages for debt service

Bitcoin

BlackRock Executive Points to Shift Away From Dollar-Based Reserves

BlackRock's head of thematics and active ETFs, Jay Jacobs, has revealed that central banks, particularly China, may be moving away from US Treasuries toward alternative assets such as gold and Bitcoin. This shift comes amid growing geopolitical tensions and global uncertainty, according to Jacobs' recent CNBC interview.

Bitcoin

Italian Town to Unveil Monument Honoring Bitcoin Creator Satoshi Nakamoto

The Italian municipality of Fornelli in the Molise region has announced plans to dedicate a monument to Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The artwork is scheduled to be unveiled on May 1, according to an April 23 Facebook post from the local government. The monument has been designed

100 Reasons For Bitcoin

75th Reason For National Bitcoin Reserve: Government-Led Hedge Funds Boost Digital Innovation

Nations that allocate a portion of their Bitcoin reserves to government-managed venture funds can effectively support domestic blockchain development while potentially generating substantial returns. These sovereign digital asset funds would operate similarly to traditional government investment vehicles but with a specific focus on blockchain technologies and applications. The approach allows

Bitcoin

BlackRock Bitcoin ETF Wins Industry Recognition Amid Strong Inflows

BlackRock's iShare Bitcoin ETF (IBIT) has been named the "Best New ETF" at the annual etf.com awards on April 23. The recognition came on the same day the fund recorded $643.2 million in inflows, its highest single-day total since January 21. Bloomberg ETF analyst

Bitcoin

New Hampshire Advances Bill for State Cryptocurrency Investment Reserve

New Hampshire's House Bill 302, which would permit the state treasurer to invest up to 10% of general funds in cryptocurrencies with market capitalizations exceeding $500 billion, has cleared its second Senate committee. The bill passed in a 4-1 vote on April 23 and now advances to a

100 Reasons For Bitcoin

74th Reason For National Bitcoin Reserve: Encouraging Crypto Entrepreneurship Opens New Market Opportunities

Nations that incorporate Bitcoin into their reserve assets create fertile ground for local blockchain innovation hubs. When a country holds Bitcoin officially, it legitimizes the technology and provides a regulatory foundation that attracts entrepreneurs. Data shows that countries with clear cryptocurrency frameworks experience up to five times more blockchain startup

Bitcoin

Riot Platforms Obtains $100 Million Bitcoin-Backed Loan From Coinbase

Riot Platforms has secured a $100 million credit facility from Coinbase, using a portion of its Bitcoin holdings as collateral. The loan agreement was announced on April 23 by the Bitcoin mining company, which currently holds 19,223 BTC valued at approximately $1.8 billion. CEO Jason Les stated that

100 Reasons For Bitcoin

73rd Reason For National Bitcoin Reserve: Emergency Hedge Against Domestic Currency Crashes

Countries that maintain Bitcoin reserves gain a powerful emergency buffer against domestic currency crises. Historical episodes like Zimbabwe's hyperinflation (2007-2009), Venezuela's ongoing monetary collapse since 2016, and Turkey's recent currency devaluation demonstrate how rapidly national currencies can lose purchasing power. When such crises occur,

Bitcoin

Bitdeer Raises $60 Million for ASIC Production as Bitcoin Mining Competition Intensifies

Bitdeer, a prominent Bitcoin mining firm, has secured $60 million in loans to expand its ASIC manufacturing capabilities amid growing global mining competition and record-high Bitcoin network hashrates. The funding comes as miner profits face increasing pressure in the current market environment. According to the company's annual report,