Bitcoin
Bitcoin miner Riot Platforms reported record quarterly revenue of $161.4 million in Q1 2025, exceeding Wall Street estimates of $159.79 million by 1%. Despite this milestone, the company posted a net loss of $296,367, a stark contrast to the $211,777 net income reported in the same
100 Reasons For Bitcoin
A dual system combining central bank digital currencies (CBDCs) for daily transactions and Bitcoin reserves for long-term value storage offers nations a balanced monetary approach. This framework allows governments to maintain control over everyday payment systems through CBDCs while simultaneously diversifying reserves with Bitcoin's scarcity-based value proposition. Technical
100 Reasons For Bitcoin
Nations that allocate a portion of their Bitcoin reserves toward grants for local developers and civic groups can drive technological advancement while maintaining public accountability. Several municipalities worldwide have begun testing this approach, with documented outcomes showing greater efficiency than traditional funding models. These Bitcoin-backed grants operate through transparent selection
Bitcoin
The Arizona House of Representatives has approved two bills that would allow the state to establish a cryptocurrency reserve. On April 28, lawmakers passed Senate Bill 1025 (SB1025) with 31 votes in favor and 25 against. This bill aims to amend Arizona statutes to create a strategic Bitcoin reserve. A
Bitcoin
Billionaire investor Ray Dalio has warned that the world is "on the brink" of a breakdown in the global monetary order. The former CEO of hedge fund Bridgewater Associates shared these concerns in an April 28 post on social media platform X. According to Dalio, the Trump administration&
100 Reasons For Bitcoin
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
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 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
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, 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 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
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'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
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
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'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