Bitcoin
Bitcoin layer-2 network Build on Bitcoin (BOB) has secured $21 million in strategic funding rounds since December 2024. According to Cointelegraph, the company raised $9.5 million in its latest strategic round. Castle Island Ventures led the funding alongside new investors including Anchorage, Amber Group, and sats Ventures. Many existing
Bitcoin
Bitcoin miner CleanSpark reported its strongest quarterly performance on record Thursday, posting revenue of $198.6 million for its third fiscal quarter ending June 30. According to Cointelegraph, the revenue represents a 91% increase compared to $104 million in the same period last year. The Las Vegas-based company beat analyst
Bitcoin
London-listed technology firm Satsuma Technology secured £163.66 million ($217.6 million) in gross proceeds from its second convertible loan note round. The funding round closed on July 28 and exceeded its minimum $129 million target by more than 63%. Cointelegraph reports that nearly $125 million of the total was
Bitcoin
Japanese financial giant SBI Holdings announced plans to launch the country's first dual-asset cryptocurrency exchange-traded fund offering exposure to both Bitcoin and XRP. According to Cointelegraph, the company outlined two crypto-based ETF products in its earnings report Thursday. The first proposal combines Bitcoin and XRP in a single
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Brazil's Chamber of Deputies will hold its first public hearing on August 20, 2025, to examine creating a national Bitcoin reserve. According to Cointelegraph, at least six institutions will participate in the discussion, including the Central Bank of Brazil, the Ministry of Finance, crypto advocacy groups, and representatives
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The State of Michigan Retirement System tripled its Bitcoin ETF holdings during the second quarter, according to Cointelegraph. The pension fund now holds 300,000 shares of the ARK 21Shares Bitcoin ETF (ARKB), valued at $10.7 million as of June 30. This represents a substantial increase from the 100,
Bitcoin
The Trump administration released its comprehensive cryptocurrency policy report on Wednesday, outlining specific roles for federal regulators. According to Cointelegraph, the President's Working Group on Digital Assets proposed dividing responsibilities between the Securities and Exchange Commission and the Commodity Futures Trading Commission. The CFTC will gain authority over
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France's Rassemblement National party has drafted legislation to use surplus nuclear energy for Bitcoin mining operations. According to Cointelegraph, party leader Marine Le Pen now supports mining Bitcoin with idle nuclear electricity after previously calling for cryptocurrency bans. RN lawmaker Aurélien Lopez-Liguori spearheaded the proposal in the French
Bitcoin
Curve Finance founder Dr. Michael Egorov has introduced the Yield Basis protocol to address impermanent loss affecting Bitcoin and Ethereum liquidity providers. According to Cointelegraph, the new protocol uses compounding leverage to maintain positions overcollateralized by exactly 200% at all times through borrowed crvUSD. The protocol operates by keeping position
Bitcoin
Maelstrom Fund Chief Investment Officer Arthur Hayes has warned Bitcoin could retrace to $100,000 due to mounting macroeconomic pressures. According to Cointelegraph, Hayes sold over $13 million worth of cryptocurrency assets in anticipation of further market weakness. Hayes offloaded $8.32 million worth of Ethereum, $4.62 million of
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Bitcoin treasury company Strategy has expanded the scope of its STRC offering twice since issuing the corporate security on July 22. According to Cointelegraph, the company announced an at-the-market offering of up to $4.2 billion of its Variable Rate Series A Perpetual Stretch Preferred Stock on Thursday. STRC represents
Bitcoin
Solo Bitcoin miners continue winning full block rewards worth hundreds of thousands of dollars despite the network hashrate approaching record levels. According to Cointelegraph, a solo miner recently secured block 907,283 via the Solo CK pool and earned the full 3.125 BTC reward, worth over $372,000. The
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Bolivia's Central Bank signed a memorandum of understanding with El Salvador's National Commission of Digital Assets on Wednesday. According to Cointelegraph, Bolivia called cryptocurrency a "viable and reliable alternative" to traditional fiat currencies while finalizing the partnership agreement. The agreement between Central Bank of
Bitcoin
Corporate cryptocurrency treasury firms have accumulated approximately $100 billion worth of digital assets, according to Galaxy Research data released Thursday. The milestone reflects growing institutional confidence in digital currencies as legitimate reserve assets. Bitcoin treasury firms control the majority of these holdings, with over 791,662 BTC worth about $93
Bitcoin
Indonesia updated its cryptocurrency taxation policies through two new regulations issued Monday by the Ministry of Finance. According to Cointelegraph, regulations 50/2025 and 53/2025 change tax rates for different crypto activities effective August 1. The income tax on crypto asset sales through domestic exchanges increased from 0.1%
Bitcoin
Twenty One Capital is exploring a Bitcoin-backed USD lending program according to a Bloomberg report published Wednesday. Cointelegraph reports the crypto company recently acquired 5,800 Bitcoin from Tether, expanding its holdings to 43,500 BTC worth approximately $5.13 billion. The firm's spokesperson told Bloomberg that everything