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El Salvador has stopped its daily Bitcoin purchasing strategy, with the last transaction recorded on February 17, according to data from Arkham Intelligence. The pause follows the country's recent $1.4 billion loan agreement with the International Monetary Fund (IMF), according to a report from Cryptobriefing. The Central
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Utah's legislative bodies are moving closer to allowing Bitcoin investments as part of the state's reserve strategy. House Bill 230, known as the "Blockchain and Digital Innovation Amendments," passed the Senate Revenue and Taxation Committee on February 20 with a 4-2-1 vote. The bill
100 Reasons For Bitcoin
Government adoption of Bitcoin custody requires developing robust security practices and cryptographic expertise. When nations establish Bitcoin reserves, they must master advanced encryption, multi-signature schemes, cold storage, and key management protocols. These same security capabilities strengthen national cyber defense systems and protect critical infrastructure against evolving digital threats. ð§¡This article
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The U.S. Congress is considering new legislation called the BITCOIN Act that would direct the Treasury Department to create a Strategic Bitcoin Reserve by purchasing up to 1 million Bitcoin over a five-year period. According to the proposal, the government would need to hold these Bitcoin reserves for a
100 Reasons For Bitcoin
Government Bitcoin reserves stored in publicly viewable blockchain addresses allow citizens to verify national holdings without relying on traditional audit processes. Countries can prove their Bitcoin reserves exist in real-time through blockchain explorers, establishing a new standard for fiscal transparency. This direct verification reduces the risk of misreporting and builds
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A potential audit of Fort Knox's gold reserves, proposed by former President Donald Trump, could lead investors to shift their focus toward bitcoin and other digital assets, according to market analysts. The U.S. gold reserves have not undergone a complete independent audit since the 1950s, making this
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South African investment company Altvest Capital has made its first Bitcoin purchase, buying one BTC as part of its new investment strategy focused exclusively on Bitcoin. The company announced its entry into the Bitcoin market on February 21, 2024, specifically noting it would not include other cryptocurrencies in its strategy
100 Reasons For Bitcoin
Central banks worldwide can gain practical insights from Bitcoin's network operations to develop their digital currencies and smart contract systems. The decentralized nature of Bitcoin provides a working model for testing transaction processing, security protocols, and network scaling. This real-world experience helps central banks understand the technical challenges
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As reported by Coinpaper Czech Central Bank Governor Aleš Michl has proposed creating a Bitcoin test portfolio and called for extensive research into the cryptocurrency's technology, showing a progressive stance among traditional banking institutions. The announcement came through his February 19 social media post, where he shared his
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President Donald Trump declared he has ended what he characterized as the Biden administration's opposition to Bitcoin and cryptocurrency during his speech at the FII PRIORITY Summit in Miami Beach on Wednesday in a report from Cryptobriefing. Trump said his executive orders aim to keep the United States
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According to House Bill 429 documents from Montana's 69th Legislature, the state's House Business and Labor Committee has approved legislation that could make Bitcoin a part of the state's investment strategy, joining a broader movement of twenty U.S. states considering similar measures worth
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Strategy announced its plans to offer $2 billion in convertible senior notes due 2030 according to their press release. The company made this announcement on February 18, 2025, in Tysons Corner, Virginia. The zero-interest notes will be offered through a private placement to qualified institutional buyers under Rule 144A of
100 Reasons For Bitcoin
Bitcoin's low-fee payment channels offer nations a powerful tool to improve remittance efficiency, with transaction costs dropping from traditional 6-7% to below 1%. This reduction directly impacts over 800 million people who rely on remittances, enabling migrant workers to send more money home while reducing operational costs for
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Google is working on plans to make Bitcoin and other cryptocurrencies more accessible to everyday users, according to statements made by Kyle Song, Google's Web3 Specialist, at the Bitcoin Tech Carnival in Hong Kong on February 18 in a report from Bloomingbit. The tech giant aims to create
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The US Bitcoin mining industry has grown from a niche technology sector into a major economic force, generating more than $4.1 billion in gross product annually and supporting over 31,000 jobs nationwide, according to a new economic impact study released in January 2025. This growth comes as twenty
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According to a recent SEC filing, Wisconsin's state pension fund has substantially increased its position in BlackRock's Bitcoin ETF, joining a growing number of states exploring cryptocurrency investments. The State of Wisconsin Investment Board now holds 6,060,351 shares in the iShares Bitcoin Trust (IBIT)