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Tuberville Backs New Bill for US Government to Purchase One Million Bitcoin

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Tuberville Backs New Bill for US Government to Purchase One Million Bitcoin

Senator Tommy Tuberville has joined several lawmakers to introduce the "Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act," or BITCOIN Act, in the US Senate. The legislation aims to establish a Strategic Bitcoin Reserve as an additional store of value for America's balance sheet,

By Albert Morgan Mar 12, 2025
Winklevoss-Founded Gemini Adds US Dollar Trading for UK and Swiss Institutions

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Winklevoss-Founded Gemini Adds US Dollar Trading for UK and Swiss Institutions

Gemini crypto exchange is growing its trading capabilities for institutional clients in Europe by adding US dollar payment support. The exchange, founded by Cameron and Tyler Winklevoss, has partnered with Liechtenstein-based Bank Frick to enable US dollar payment rails for institutional customers in the United Kingdom and Switzerland  - based

By Albert Morgan Mar 12, 2025
Sen. Lummis Reintroduces BITCOIN Act to Support Trump's Strategic Reserve Plan

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Sen. Lummis Reintroduces BITCOIN Act to Support Trump's Strategic Reserve Plan

Wyoming Republican Senator Cynthia Lummis has reintroduced legislation to create a strategic bitcoin reserve, following President Donald Trump's recent executive order on the matter. The bill, known as the "Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act" or BITCOIN Act, was previously proposed in

By Albert Morgan Mar 11, 2025
StarkWare Creates Bitcoin Reserve While Expanding Starknet's Bitcoin Capabilities

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StarkWare Creates Bitcoin Reserve While Expanding Starknet's Bitcoin Capabilities

StarkWare, the $8 billion company behind Ethereum Layer 2 solution Starknet, announced the creation of a "Strategic Bitcoin Reserve." The company is now holding a growing portion of its treasury in Bitcoin, joining other crypto firms that maintain Bitcoin reserves  - based on Block's reporting.. StarkWare

By Albert Morgan Mar 11, 2025
Spanish Financial Regulator Approves BBVA's Crypto Trading Platform

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Spanish Financial Regulator Approves BBVA's Crypto Trading Platform

Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) has received approval from Spain's financial regulator to offer Bitcoin (BTC) and Ethereum (ETH) trading to its clients, according to Reuters. This development comes as the European Union's Markets in Crypto-Assets (MiCA) regulation fully takes effect across member

By Albert Morgan Mar 10, 2025
Michael Saylor's Strategy Expands Bitcoin Holdings with New ATM Program

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Michael Saylor's Strategy Expands Bitcoin Holdings with New ATM Program

Strategy, the world's largest public corporate Bitcoin holder, announced plans to raise up to $21 billion in fresh capital to purchase more Bitcoin. The company made this announcement on March 10 through a new sales agreement called the "ATM Program." Under this program, Strategy will issue

By Albert Morgan Mar 10, 2025
China's Bitcoin Treasury Significantly Outpaces United States Despite Ban

News

China's Bitcoin Treasury Significantly Outpaces United States Despite Ban

Recent data reveals China possesses nearly double the Bitcoin reserves of the United States, creating a surprising imbalance in national cryptocurrency holdings. According to figures from Jan3, China holds approximately 194,000 BTC while the United States maintains just 112,189 BTC worth about $10 billion as reported by Coinrepublic.

By Albert Morgan Mar 8, 2025
Bitcoin Staking Platform Core Partners with Cobo to Expand in APAC Region

News

Bitcoin Staking Platform Core Partners with Cobo to Expand in APAC Region

Core, the Bitcoin staking platform behind liquid-staking token lstBTC, has formed a partnership with Singapore-based custodian Cobo. This collaboration aims to grow Core's institutional presence in the Asia-Pacific region - based on Coindesk reporting.. The arrangement will let Cobo's institutional clients earn yield on their Bitcoin

By Albert Morgan Mar 8, 2025
Survey Reveals 50% of Female Crypto Investors Target Wealth Creation

News

Survey Reveals 50% of Female Crypto Investors Target Wealth Creation

A new Bitpanda survey shared with Cointelegraph reveals that women are increasingly entering the cryptocurrency market with a focus on long-term wealth creation. According to the findings, 50% of female crypto investors prioritize long-term financial growth, with 49% holding digital assets for up to five years. The survey of 1,

By Albert Morgan Mar 8, 2025
Traders Position for Potential Market Moves as White House Crypto Summit Approaches

News

Traders Position for Potential Market Moves as White House Crypto Summit Approaches

Bitcoin's derivatives market is experiencing strong buying interest as traders position themselves before White House Crypto Summit. Market participants are preparing for potential market-moving announcements that could affect cryptocurrency prices - based on Block's reporting. Gordon Grant, a cryptocurrency derivatives trader, observed a persistent increase in

By Albert Morgan Mar 7, 2025
New Bitcoin Reserve Policy Could Reshape Institutional Crypto Investment

News

New Bitcoin Reserve Policy Could Reshape Institutional Crypto Investment

President Donald Trump signed an executive order on March 6 establishing a US Strategic Bitcoin Reserve and a National Digital Asset Stockpile. The order acknowledged that "there is a strategic advantage to being among the first nations to create a strategic Bitcoin reserve" due to Bitcoin's

By Albert Morgan Mar 7, 2025
Brazilian Fintech Méliuz Invests $4.1 Million in Bitcoin as Part of Treasury Strategy

News

Brazilian Fintech Méliuz Invests $4.1 Million in Bitcoin as Part of Treasury Strategy

Brazilian fintech company Méliuz has begun investing a portion of its cash reserves in Bitcoin following board approval of a new treasury strategy. According to a securities filing released Thursday, the company has purchased 45.72 Bitcoin for approximately $4.1 million at an average price of $90,926 per

By Albert Morgan Mar 6, 2025
New Chinese Economic Stimulus Could Impact Global Bitcoin Trends

News

New Chinese Economic Stimulus Could Impact Global Bitcoin Trends

China announced new fiscal and monetary stimulus measures on Wednesday, aiming to increase consumption and counter the effects of growing trade tensions with the United States. The stimulus package comes as China targets a 5% GDP growth rate and sets a fiscal deficit target of 4% of GDP for the

By Albert Morgan Mar 6, 2025
Emirates NBD Enters Crypto Market with Trading Services for UAE Customers

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Emirates NBD Enters Crypto Market with Trading Services for UAE Customers

Emirates NBD, one of the largest banking groups in the Middle East and owned by the Dubai government, has started offering cryptocurrency trading services through its digital banking subsidiary Liv. The new service was introduced on March 5 on the Liv X app, according to a joint announcement made on

By Albert Morgan Mar 6, 2025
El Salvador Adds to Bitcoin Reserves While Balancing IMF Requirements

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El Salvador Adds to Bitcoin Reserves While Balancing IMF Requirements

El Salvador President Nayib Bukele announced Tuesday that the country will continue purchasing bitcoin despite reaching a financing agreement with the International Monetary Fund (IMF) that was expected to limit such activities. "No, it's not stopping," Bukele stated on social media platform X. "If it

By Albert Morgan Mar 5, 2025
Ark Invest Buys $8 Million in Coinbase Shares While Selling Bitcoin ETF Holdings

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Ark Invest Buys $8 Million in Coinbase Shares While Selling Bitcoin ETF Holdings

Ark Invest purchased 38,865 Coinbase shares worth $8 million for its Next Generation Internet exchange-traded fund (ARKW) on Monday. At the same time, the investment firm sold $8.2 million worth of its own spot Bitcoin ETF (ARKB) as the cryptocurrency market gave back gains from the weekend -

By Albert Morgan Mar 4, 2025
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