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Czech National Bank Chief Pushes for Bitcoin Research

News

Czech National Bank Chief Pushes for Bitcoin Research

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

By Albert Morgan Feb 20, 2025
Trump Promises US Leadership in Cryptocurrency Markets

News

Trump Promises US Leadership in Cryptocurrency Markets

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

By Albert Morgan Feb 20, 2025
Montana Advances Bill to Make Bitcoin Part of State Investment Portfolio

News

Montana Advances Bill to Make Bitcoin Part of State Investment Portfolio

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

By John Williams Feb 20, 2025
Strategy Launches $2 Billion Zero Interest Note Offering for Bitcoin Plans

News

Strategy Launches $2 Billion Zero Interest Note Offering for Bitcoin Plans

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

By John Williams Feb 19, 2025
Google Explores Ways to Bridge Traditional and Crypto Payment Systems

News

Google Explores Ways to Bridge Traditional and Crypto Payment Systems

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

By Albert Morgan Feb 18, 2025
US Bitcoin Mining Industry Creates 31,000 Jobs Amid Growing State Adoption

News

US Bitcoin Mining Industry Creates 31,000 Jobs Amid Growing State Adoption

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

By John Williams Feb 18, 2025
Wisconsin Joins Growing List of States Investing in Bitcoin with 321M ETF Purchase

News

Wisconsin Joins Growing List of States Investing in Bitcoin with 321M ETF Purchase

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)

By John Williams Feb 17, 2025
Bitcoin Will Reach 120K by June 2025 and Stabilize Until Autumn

News

Bitcoin Will Reach 120K by June 2025 and Stabilize Until Autumn

I predict Bitcoin will reach $120,000 by June 2025 and stabilize at this level until mid-autumn, after which it will continue to grow. Government interest in Bitcoin has become the main factor behind this prediction. Twenty U.S. states are reviewing legislation to add Bitcoin to their reserves, with

By John Williams Feb 17, 2025
BlockDAG Launches Layer-1 Network with $200 Million in Presale Funding

News

BlockDAG Launches Layer-1 Network with $200 Million in Presale Funding

According to information shared with us, BlockDAG has raised nearly $200 million in its presale period, entering the cryptocurrency market as Bitcoin trades around $100,000. The new blockchain network offers both mining capabilities and smart contract functionality. The platform's mining system does not require ASIC hardware, which

By John Williams Feb 17, 2025
Abu Dhabi Wealth Fund Invests $437 Million in BlackRock Bitcoin ETF

News

Abu Dhabi Wealth Fund Invests $437 Million in BlackRock Bitcoin ETF

Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, has invested $436.9 million in BlackRock's spot Bitcoin ETF during the fourth quarter of 2024, according to The Block article. The investment was revealed in a filing published on Friday, February 14, 2025. The purchase coincided with

By John Williams Feb 15, 2025
Goldman Sachs Acquires 2 Billion in Bitcoin and Ethereum ETFs

News

Goldman Sachs Acquires 2 Billion in Bitcoin and Ethereum ETFs

Goldman Sachs has invested approximately $2 billion in cryptocurrency exchange-traded funds according to SEC filing, with significant positions in both bitcoin and ethereum products. The investment bank's regulatory filings show it increased its ethereum ETF holdings by 2,000% in the fourth quarter, while building its bitcoin ETF

By John Williams Feb 15, 2025
GameStop Studies Bitcoin Investment Possibilities

News

GameStop Studies Bitcoin Investment Possibilities

Video game retailer GameStop is planning to expand into cryptocurrency investments, with a specific focus on Bitcoin, according to three sources close to the matter according to CNBC. The company's stock jumped 20% in after-hours trading following the news. The potential investment strategy comes after GameStop CEO Ryan

By John Williams Feb 14, 2025
Russian Investors Get Access to BlackRock Bitcoin ETF Through New Bond

News

Russian Investors Get Access to BlackRock Bitcoin ETF Through New Bond

Russian investment company Finam has announced a new structured bond product linked to BlackRock's Bitcoin ETF, aimed at qualified investors. The bond will have a six-month term and will be denominated in rubles, with returns calculated in US dollar equivalents based on the Central Bank's exchange

By John Williams Feb 13, 2025
Twenty US States Consider Bitcoin Reserve Legislation Worth $23 Billion

News

Twenty US States Consider Bitcoin Reserve Legislation Worth $23 Billion

Twenty state legislatures across the United States are reviewing bills that would establish bitcoin and digital asset reserves, with potential investments reaching $23 billion, according to research from asset management firm Vaneck. Matthew Sigel, head of digital assets research at Vaneck, released findings on February 12 showing that if passed,

By John Williams Feb 13, 2025
Payment Network Peanut Raises 1.5 Million Dollars for Digital Currency Transfers

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Payment Network Peanut Raises 1.5 Million Dollars for Digital Currency Transfers

According to a press release, Peanut, a payment network startup, has secured $1.5 million in pre-seed funding to develop its digital dollar transfer platform. The company aims to create a system for sending stablecoins across borders without requiring users to have technical knowledge of digital currencies. The platform currently

By John Williams Feb 13, 2025
KULR Technology Adds $8 Million in Bitcoin to Treasury Holdings

News

KULR Technology Adds $8 Million in Bitcoin to Treasury Holdings

KULR Technology Group has expanded its bitcoin holdings with an additional $8 million purchase, bringing its total bitcoin investment to $50 million. The company acquired the new bitcoins at an average price of $101,695 per bitcoin, including fees. KULR now holds 510 BTC in its treasury. The latest purchase

By John Williams Feb 12, 2025
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