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El Salvador's Bitcoin Implementation Faces Challenges as Few Registered Providers Meet Regulations

Bitcoin

El Salvador's Bitcoin Implementation Faces Challenges as Few Registered Providers Meet Regulations

According to data from the Central Reserve Bank of El Salvador, only 20 out of 181 registered Bitcoin service providers are currently operational in the country. This represents just 11% of registered firms, with the remaining 89% classified as non-operational for failing to meet requirements established under El Salvador'

By Albert Morgan Apr 15, 2025
Coinbase Evolution: From Bitcoin Payment App to $86 Billion Public Company

Bitcoin

Coinbase Evolution: From Bitcoin Payment App to $86 Billion Public Company

Coinbase celebrated the fourth anniversary of its public debut yesterday. The company went public on April 13, 2021, reaching an $86 billion valuation that briefly touched $100 billion, rivaling Facebook's 2012 market entry. CEO Brian Armstrong noted at the time that the listing created a thousand new millionaires

By Albert Morgan Apr 14, 2025
Japanese Firm Metaplanet Expands Bitcoin Treasury to 4,525 BTC, Enters Top 10 Public Holders

Bitcoin

Japanese Firm Metaplanet Expands Bitcoin Treasury to 4,525 BTC, Enters Top 10 Public Holders

Metaplanet Inc. (3350), a Japanese technology company, has acquired an additional 319 bitcoin (BTC) at an average price of $83,147 per coin. This recent purchase has propelled the company into the ranks of the top 10 largest public bitcoin holders globally. The company's total bitcoin holdings now

By Albert Morgan Apr 14, 2025
Bitcoin Rally Prompts Michael Saylor's "Buy the Future" Message

Bitcoin

Bitcoin Rally Prompts Michael Saylor's "Buy the Future" Message

Michael Saylor, known for his strong advocacy of Bitcoin, recently posted a message on X (formerly Twitter) encouraging followers to "Buy the Future." The post featured an AI-generated image of Saylor himself, with a stylized "B" reminiscent of the Bitcoin symbol. The timing of Saylor'

By Albert Morgan Apr 13, 2025
Lomond School Becomes First UK Institution to Accept Bitcoin for Tuition

Bitcoin

Lomond School Becomes First UK Institution to Accept Bitcoin for Tuition

Lomond School in Scotland will begin accepting Bitcoin for tuition payments in the Autumn semester of 2025. This initiative makes Lomond the first school in the United Kingdom to offer this payment option, joining a growing trend of educational institutions worldwide incorporating cryptocurrency into their operations. The school plans to

By Albert Morgan Apr 13, 2025
BlackRock Sees Strong Q1 Performance with $3 Billion in Crypto Inflows

Bitcoin

BlackRock Sees Strong Q1 Performance with $3 Billion in Crypto Inflows

BlackRock, the world's largest asset manager with $11.6 trillion in assets under management, reported $3 billion in digital asset inflows during the first quarter of 2025. This amount represents 2.8% of the company's total $107 billion in net inflows to iShares exchange-traded funds (ETFs)

By Albert Morgan Apr 11, 2025
Swedish Parliament Member Proposes Adding Bitcoin to National Reserves

Bitcoin

Swedish Parliament Member Proposes Adding Bitcoin to National Reserves

A member of Sweden's parliament has proposed adding Bitcoin to the country's foreign exchange reserves. MP Rickard Nordin sent an open letter to Finance Minister Elisabeth Svantesson, recommending Bitcoin as a national reserve asset. The proposal, registered on April 8, points to Sweden's history

By Albert Morgan Apr 11, 2025
Gold-Backed Tokens Surpass $1 Billion Weekly Trading Volume

Bitcoin

Gold-Backed Tokens Surpass $1 Billion Weekly Trading Volume

Tokenized gold trading volume has exceeded $1 billion for the first time since the March 2023 US banking crisis. This surge comes as investors move toward safe-haven assets amid global uncertainty triggered by President Trump's import tariffs. The milestone marks the highest weekly trading volume in two years,

By Albert Morgan Apr 10, 2025
Bitpanda Obtains Third MiCA License in Austria, Expanding EU Regulatory Coverage

Bitcoin

Bitpanda Obtains Third MiCA License in Austria, Expanding EU Regulatory Coverage

Vienna-based fintech company Bitpanda has obtained its third license under the European Union's Markets in Crypto-Assets Regulation (MiCA) framework. The Austrian Financial Market Authority (FMA) granted the approval on April 10, adding to Bitpanda's existing licenses from Germany and Malta. The company announced the new license

By Albert Morgan Apr 10, 2025
Core Blockchain Reaches $260M in Dual-Staked Assets as Bitcoin DeFi Expands

Bitcoin

Core Blockchain Reaches $260M in Dual-Staked Assets as Bitcoin DeFi Expands

Core, a proof-of-stake blockchain built on Bitcoin, has exceeded $260 million in dual-staked assets. This development comes as institutional interest in Bitcoin-based decentralized finance continues to grow, according to Rich Rines, Core's initial contributor. As of April 7, over 44 million Core tokens have been dual-staked with 3,

By Albert Morgan Apr 9, 2025
Bitcoin ETFs Experience Major Outflows as Trump Tariffs Begin

Bitcoin

Bitcoin ETFs Experience Major Outflows as Trump Tariffs Begin

Spot bitcoin exchange-traded funds (ETFs) experienced $326.27 million in outflows on Tuesday, their largest single-day exodus since March 11. This withdrawal coincided with the full implementation of President Trump's new tariffs, which took effect at midnight Wednesday. BlackRock's IBIT led the retreat with $252.9

By Albert Morgan Apr 9, 2025
ARK Makes Contrasting Crypto Moves: $26M Coinbase Purchase and $12M Bitcoin ETF Sale

Bitcoin

ARK Makes Contrasting Crypto Moves: $26M Coinbase Purchase and $12M Bitcoin ETF Sale

ARK Invest has purchased $26.6 million worth of Coinbase stock while selling $12 million in Bitcoin ETF shares during April, following President Donald Trump's trade tariffs announcement. The investment firm made two major Coinbase purchases: $13.3 million on April 4 and $13.2 million on April

By Albert Morgan Apr 8, 2025
Apollo Global Makes Seven-Figure Investment in Plume Network

Bitcoin

Apollo Global Makes Seven-Figure Investment in Plume Network

Apollo Global Management has invested in Plume Network, a company focused on tokenizing real-world assets (RWAs). The investment, worth over seven figures and made through funds managed by Apollo, will help Plume grow its ecosystem, according to a Tuesday statement. Plume Network operates as a modular, Ethereum Virtual Machine (EVM)

By Albert Morgan Apr 8, 2025
Strategy Pauses Bitcoin Purchases as Price Drops Below $87,000

Bitcoin

Strategy Pauses Bitcoin Purchases as Price Drops Below $87,000

The world's largest publicly listed corporate holder of Bitcoin, Strategy, did not add to its Bitcoin holdings last week as the cryptocurrency's price fell below $87,000. According to an April 7 filing with the US Securities and Exchange Commission, the company made no Bitcoin purchases

By Albert Morgan Apr 7, 2025
Mantra Launches $108 Million Fund to Support Asset Tokenization and DeFi Projects

Bitcoin

Mantra Launches $108 Million Fund to Support Asset Tokenization and DeFi Projects

Mantra blockchain network has established a $108,888,888 ecosystem fund focused on advancing startups in real-world asset (RWA) tokenization and decentralized finance (DeFi). The announcement came on April 7 amid growing demand for stable, asset-backed digital products in the cryptocurrency market. The Mantra Ecosystem Fund (MEF) will deploy capital

By Albert Morgan Apr 7, 2025
Bitcoin Shows Resilience Amid $5.4 Trillion US Equities Selloff

Bitcoin

Bitcoin Shows Resilience Amid $5.4 Trillion US Equities Selloff

The cryptocurrency market is displaying notable strength as US equities experience a sharp decline following President Donald Trump's announcement of reciprocal tariffs. This policy revelation triggered a massive $5.4 trillion wipeout in US equities markets over just two days. The S&P 500 index fell to

By Albert Morgan Apr 5, 2025
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