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The U.S. Congress is considering new legislation called the BITCOIN Act that would direct the Treasury Department to create a Strategic Bitcoin Reserve by purchasing up to 1 million Bitcoin over a five-year period. According to the proposal, the government would need to hold these Bitcoin reserves for a
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A potential audit of Fort Knox's gold reserves, proposed by former President Donald Trump, could lead investors to shift their focus toward bitcoin and other digital assets, according to market analysts. The U.S. gold reserves have not undergone a complete independent audit since the 1950s, making this
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South African investment company Altvest Capital has made its first Bitcoin purchase, buying one BTC as part of its new investment strategy focused exclusively on Bitcoin. The company announced its entry into the Bitcoin market on February 21, 2024, specifically noting it would not include other cryptocurrencies in its strategy
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Ross Ulbricht, the recently pardoned creator of Silk Road, has publicly supported Roger Ver, who currently faces serious tax evasion charges in the United States. Roger Ver was there for me when I was down and needed help. Now Roger needs our support. No one should spend the rest of
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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
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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
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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
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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
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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
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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
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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)
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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
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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
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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
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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
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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