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Japanese Firm Metaplanet Buys 696 Bitcoin for $67 Million After Stock Split

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Japanese Firm Metaplanet Buys 696 Bitcoin for $67 Million After Stock Split

Japan-based Metaplanet has purchased 696 Bitcoin for 10.2 billion yen ($67 million), according to an April 1 announcement on X. This acquisition brings the company's total Bitcoin holdings to 4,046 BTC, worth more than $341 million at current prices. The purchase follows Metaplanet's recent

By Albert Morgan Apr 1, 2025
California Amends Digital Assets Bill to Include Bitcoin Rights for 39.4 Million Residents

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California Amends Digital Assets Bill to Include Bitcoin Rights for 39.4 Million Residents

California Democrat Avelino Valencia has amended a money transmission bill to focus on Bitcoin and cryptocurrency rights. The changes could benefit the state's 39.4 million residents by securing crypto self-custody rights and other protections. Assembly Bill 1052 was introduced on February 20, 2025, as the Money Transmission

By Albert Morgan Mar 31, 2025
BlackRock CEO Warns Dollar Could Lose Reserve Currency Status to Bitcoin

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BlackRock CEO Warns Dollar Could Lose Reserve Currency Status to Bitcoin

BlackRock CEO Larry Fink has warned that the US dollar risks losing its world reserve currency status to digital assets like bitcoin if the United States fails to control its debt. In his annual letter to investors on Monday, Fink pointed out that while the US has long enjoyed the

By Albert Morgan Mar 31, 2025
Brazil Considers Adding Bitcoin to National Reserves

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Brazil Considers Adding Bitcoin to National Reserves

A high-ranking official from President Lula's administration has voiced support for adding Bitcoin to Brazil's national reserves. Pedro Giocondo Guerra, chief of staff to Vice President Geraldo Alckmin, made these comments during a recent congressional event, describing the potential move as valuable for the country'

By Albert Morgan Mar 29, 2025
South African Bitcoin Ekasi Project Transforms Township Economy

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South African Bitcoin Ekasi Project Transforms Township Economy

Founded in August 2021, Bitcoin Ekasi continues to grow in a township in Mossel Bay, South Africa. The project creates a circular Bitcoin economy in the community, where "Ekasi" is Afrikaans slang for "township." Its success builds on relationships established by The Surfer Kids, a non-profit

By Albert Morgan Mar 29, 2025
South Carolina Ends Legal Action Against Coinbase As State Considers Bitcoin Reserves

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South Carolina Ends Legal Action Against Coinbase As State Considers Bitcoin Reserves

South Carolina has dismissed its lawsuit against Coinbase regarding its staking services, according to a joint stipulation filed on March 27. The state joins Vermont in dropping legal action that had accused the crypto exchange of offering unregistered securities. "South Carolina just joined Vermont to dismiss its unfounded staking

By Albert Morgan Mar 28, 2025
French State Bank Announces €25 Million Crypto Investment Fund

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French State Bank Announces €25 Million Crypto Investment Fund

France's state-owned public investment bank Bpifrance has revealed plans to accelerate its crypto investment strategy with a €25 million ($27 million) fund dedicated to digital assets. The announcement comes as part of a broader effort to support French companies and venture capitalists in the blockchain industry. The bank

By Albert Morgan Mar 28, 2025
BitcoinOS to Launch Alpha Mainnet for Digital Ownership Platform

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BitcoinOS to Launch Alpha Mainnet for Digital Ownership Platform

Edan Yago, founder of Sovryn and BitcoinOS, is developing a system to transform Bitcoin into a platform for digital ownership. Born into a family of Holocaust survivors and raised in South Africa, Yago's early experiences smuggling gold coins out of the country between ages nine and eleven shaped

By Albert Morgan Mar 27, 2025
French Tech Firm Acquires 580 Bitcoin, Now Holds 620 BTC Worth $54.2 Million

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French Tech Firm Acquires 580 Bitcoin, Now Holds 620 BTC Worth $54.2 Million

The Blockchain Group has acquired 580 Bitcoin (BTC) in its largest cryptocurrency purchase to date. This purchase represents the France-based tech consulting company's third Bitcoin acquisition since it began its accumulation strategy in November 2024. The latest purchase is considerably larger than the company's previous acquisitions

By Albert Morgan Mar 27, 2025
BlackRock Expands Bitcoin Products to European Markets

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BlackRock Expands Bitcoin Products to European Markets

BlackRock, the world's largest asset manager, has introduced its first bitcoin exchange-traded product in Europe. The new offering, called "iShares Bitcoin ETP," is now available on exchanges in Paris, Amsterdam, and Frankfurt, according to the company's product page. The Switzerland-domiciled product represents BlackRock'

By Albert Morgan Mar 26, 2025
Congressman Khanna Reports Growing Democratic Support for Bitcoin

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Congressman Khanna Reports Growing Democratic Support for Bitcoin

Congressman Ro Khanna (D-CA) reports that Democratic politicians are increasingly supporting Bitcoin, with party members who favor the cryptocurrency growing from about 10 to nearly 80 in recent years. Khanna made these remarks at the Bitcoin Policy Institute's Bitcoin for America summit on March 11, 2025, according to

By Albert Morgan Mar 26, 2025
GameStop Board Approves Bitcoin Investment Plan Following Strong Quarterly Results

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GameStop Board Approves Bitcoin Investment Plan Following Strong Quarterly Results

GameStop has announced plans to invest corporate cash in Bitcoin following unanimous board approval. The video game retailer revealed this strategy on March 25, 2025, causing its stock to jump more than 6% in extended trading. The company plans to use a portion of its cash reserves or future debt

By John Williams Mar 26, 2025
BYDFi Introduces New MoonX Platform for Memecoin Trading

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BYDFi Introduces New MoonX Platform for Memecoin Trading

Cryptocurrency exchange BYDFi has announced the launch of MoonX, a Web3 trading platform focused on memecoins. According to Decrypt publication, the platform connects to Solana, BNB Chain, and other major blockchains, with reported access to more than 500,000 memecoin trading pairs. MoonX combines aspects of centralized and decentralized exchange

By John Williams Mar 26, 2025
Barbados-Licensed Insurer Launches with Bitcoin-Only Capital Reserves

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Barbados-Licensed Insurer Launches with Bitcoin-Only Capital Reserves

Tabit Insurance, a Barbados-regulated insurance company, has raised $40 million in bitcoin reserves to back traditional insurance and reinsurance business. The firm was established by former executives from the now-closed cryptocurrency exchange Bittrex and received its class 2 insurance license from the Barbados Financial Services Commission. The company launched in

By Albert Morgan Mar 24, 2025
MicroStrategy Surpasses 500,000 Bitcoin Mark With Latest $584 Million Purchase

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MicroStrategy Surpasses 500,000 Bitcoin Mark With Latest $584 Million Purchase

MicroStrategy has acquired 6,911 Bitcoin (BTC) for $584 million between March 17 and March 23, according to a March 24 filing with the US Securities and Exchange Commission (SEC). The company purchased the cryptocurrency at an average price of $84,529 per coin. With this latest acquisition, MicroStrategy now

By Albert Morgan Mar 24, 2025
Study Finds Bitcoin Creates Positive Market Effects While Oil Causes Negative Impact

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Study Finds Bitcoin Creates Positive Market Effects While Oil Causes Negative Impact

A new study by Rangga Handika from Tokyo International University examines how Bitcoin and oil affect major stock markets differently. Analyzing data from 2016-2024, the research found Bitcoin typically triggers positive contagion (markets move in the same direction), while oil creates negative contagion (markets move in opposite directions). The study

By John Williams Mar 24, 2025
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