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A collection of 622 posts

Google’s $3.7 Billion Investment in TeraWulf Signals Major Shift in Bitcoin Mining

Google’s $3.7 Billion Investment in TeraWulf Signals Major Shift in Bitcoin Mining

Google has taken a significant step into the crypto sector by acquiring an 8% ownership stake in TeraWulf, a leading Bitcoin mining company, as part of a $3.7 billion deal. This move positions the tech giant alongside other major players looking to bolster the infrastructure supporting Bitcoin and the

US Treasury Secretary Scott Bessent Details Future Strategic Bitcoin Reserve Plans

Strategic Bitcoin Reserve

US Treasury Secretary Scott Bessent Details Future Strategic Bitcoin Reserve Plans

U.S. Treasury Secretary Scott Bessent appeared on Fox Business Thursday morning to discuss the administration's approach to Bitcoin and gold reserves. In the interview with host Maria Bartiromo, Bessent emphasized that the government has no intention of purchasing additional Bitcoin for the national strategic reserve proposed by

Google Play Store Clarifies Crypto Wallet Requirements Following Backlash

Google Play Store Clarifies Crypto Wallet Requirements Following Backlash

Google has updated its policy for Bitcoin and crypto wallet applications on the Play Store, sparking initial concerns among developers and users in the crypto community. The change, first reported on August 13, 2025, requires developers to obtain specific licenses in 15 jurisdictions, including the United States and the European

Ethereum Reaches New All Time High Amid Broad Crypto Surge

Ethereum Reaches New All Time High Amid Broad Crypto Surge

Ethereum has achieved a new all-time high price of $4,792 within the past 24 hours, eclipsing its previous record from November 2021 when it traded at $4,666. This breakthrough reflects a strong upward trend, with the cryptocurrency gaining 22% over the last 7 days. Over the past 30

Is Bitcoin’s Four Year Cycle Over? New Dynamics Challenge Old Patterns

Is Bitcoin’s Four Year Cycle Over? New Dynamics Challenge Old Patterns

The crypto community is increasingly divided over whether Bitcoin’s longstanding four-year price cycle, historically tied to halving events, remains relevant in today’s landscape. Proponents of the view that the cycle has ended point to a surge in institutional participation and new financial products that provide consistent demand. This

David Bailey and Nakamoto Holdings Plan $1 Billion Bitcoin Purchase

David Bailey and Nakamoto Holdings Plan $1 Billion Bitcoin Purchase

David Bailey, the CEO of Bitcoin Magazine and founder of Nakamoto Holdings, has announced a monumental $1 billion Bitcoin purchase set for August 12, 2025, marking one of the largest single-day acquisitions of BTC by a private company. Bailey, a prominent figure in the crypto space, shared his excitement on

Bitcoin and Ethereum Weekend Price Surge Driven by Institutional Inflows and Policy Shifts

Bitcoin and Ethereum Weekend Price Surge Driven by Institutional Inflows and Policy Shifts

The crypto market has witnessed a remarkable surge in Bitcoin and Ethereum prices over the weekend of August 8-10, 2025, with Bitcoin climbing to $119K and Ethereum soaring to $4266. As of August 10, the weekly gains have Bitcoin up 4% and Ethereum gaining 21%, but the momentum from the

Bitcoin Lacks Native DeFi Support Yet Layer 2 Solutions Advance It

Bitcoin Lacks Native DeFi Support Yet Layer 2 Solutions Advance It

Bitcoin stands as the foundational cryptocurrency, renowned for its role as a secure store of value and its unmatched decentralization through proof-of-work consensus. However, its core design emphasizes simplicity and security over programmability, which means it cannot natively execute the complex smart contracts needed for decentralized finance (DeFi) applications like

Trump’s Tariffs on Gold Bars Sparks Turmoil and Boosts Bitcoin Appeal

Trump’s Tariffs on Gold Bars Sparks Turmoil and Boosts Bitcoin Appeal

The Trump administration’s decision to impose a 39% tariff on Swiss imports, effective August 7, 2025, has sent waves through the global gold market, particularly impacting Switzerland’s gold refining industry. The tariff, the highest among developed nations, specifically targets one-kilogram and 100-ounce gold bars, which were unexpectedly reclassified

El Salvador Teases Launch of Worlds First Bitcoin Bank

El Salvador Teases Launch of Worlds First Bitcoin Bank

El Salvador has once again captured global attention, teasing the launch of the world’s first Bitcoin bank. Announced on August 8, 2025, by the nation’s Bitcoin Office via a cryptic post on X, the initiative hints at a financial institution that could reshape how Bitcoin integrates with traditional

Trump Signs Executive Order to Allow Crypto in 401(k) Retirement Plans

Trump Signs Executive Order to Allow Crypto in 401(k) Retirement Plans

President Donald Trump signed an executive order on Thursday aimed at expanding investment options in 401(k) retirement plans to include cryptocurrency, private equity, and other alternative assets. This move seeks to unlock a portion of the approximately $12.5 trillion held in these accounts by directing key federal agencies

Greenidge Generation Sells Mississippi Bitcoin Mining Facility Amid Trump Tariffs

Greenidge Generation Sells Mississippi Bitcoin Mining Facility Amid Trump Tariffs

Greenidge Generation, a Bitcoin mining company headquartered in Connecticut, has announced the sale of its Columbus, Mississippi facility just one year after it began operations. The decision comes as the company grapples with financial difficulties and navigates a tough landscape for U.S. Bitcoin miners. According to a recent filing

White House Targets Banks with Executive Order on Alleged Crypto Discrimination

White House Targets Banks with Executive Order on Alleged Crypto Discrimination

The White House is poised to intensify scrutiny of major banks over claims of discriminatory practices against conservative groups and cryptocurrency companies. A draft executive order, reviewed by The Wall Street Journal, outlines a directive for bank regulators to probe potential violations of key financial laws, including the Equal Credit

Bitcoin Mining in Texas: Balancing Economic Benefits and Community Challenges

Bitcoin Mining in Texas: Balancing Economic Benefits and Community Challenges

In the quiet town of Granbury, Texas, the hum of Bitcoin mining facilities has disrupted the lives of local residents, casting a spotlight on the darker side of the cryptocurrency boom. A recent video by More Perfect Union, a nonprofit newsroom, delves into the challenges faced by communities living near

Understanding Hated Rallies in Bitcoin, Crypto, and Stock Markets

Understanding Hated Rallies in Bitcoin, Crypto, and Stock Markets

Tom Lee, co-founder and Head of Research at Fundstrat Global Advisors, recently shared insights with CoinDesk on the phenomenon of "hated rallies" across Bitcoin, cryptocurrency, and stock markets. These rallies, characterized by significant market recoveries met with widespread skepticism, have become a recurring theme in recent years. Despite

Crypto Market Thrives in July 2025 with Bitcoin Leading and Altcoins Surging

Crypto Market Thrives in July 2025 with Bitcoin Leading and Altcoins Surging

The crypto market in July 2025 showcased significant growth, driven by strong institutional interest and evolving regulatory landscapes. Bitcoin maintained its position as the market leader, navigating consolidation phases with resilience, while altcoins like Ethereum, Solana, and XRP experienced notable sector-specific gains. Key events throughout the month shaped market dynamics,

Strategy Eyes 7% of Bitcoin’s Total Supply as Corporate Treasury Trend Grows

Strategy Eyes 7% of Bitcoin’s Total Supply as Corporate Treasury Trend Grows

Strategy, the Nasdaq-listed company led by Michael Saylor, announced on Friday its ambition to potentially hold up to 7% of the Bitcoin fixed 21 million coin supply, a move that would solidify its position as the world’s leading corporate Bitcoin holder. In an interview with CNBC, Saylor, who is

Bitcoin Price Falls to $113,000 Amid Tariff Fears and Jobs Data

Bitcoin Price Falls to $113,000 Amid Tariff Fears and Jobs Data

The price of Bitcoin fell approximately 4.2% over a two-day period, sliding from the $118,000 range on July 31, 2025, to around $113,000 by August 2, 2025, as broader crypto market turbulence took hold. The total crypto market cap dropped from roughly $4 trillion to $3.66

Bitcoin Price Drops Down to $114K as Market Pressures Mount

Bitcoin Price Drops Down to $114K as Market Pressures Mount

Bitcoin faced a notable downturn on July 31, 2025, with its price sliding from an opening near $118,000 to a low of $114,000, as it slightly recovered to above $115K at the time of this writing. This decline represented a loss over 3%, reflecting wider economic shifts and

IMF Proposes Including Bitcoin and Crypto in National GDP Metrics

IMF Proposes Including Bitcoin and Crypto in National GDP Metrics

The International Monetary Fund, a key financial institution based in Washington, D.C., has released recommendations to modernize how countries measure their economies by incorporating the value of Bitcoin and other cryptocurrencies into national accounting frameworks. The proposed update to the System of National Accounts, a global standard for evaluating

White House Releases Crypto Policy Report, Excludes Strategic Bitcoin Reserve, Prioritizes Innovation

Strategic Bitcoin Reserve

White House Releases Crypto Policy Report, Excludes Strategic Bitcoin Reserve, Prioritizes Innovation

On July 30, 2025, the White House's President's Working Group on Digital Asset Markets unveiled a 168-page crypto policy report, fulfilling the 180-day mandate outlined in Executive Order 14178 issued in January. This landmark document presents a pro-innovation regulatory framework designed to cement U.S. leadership

Samourai Wallet Devs Plea Guilty in High Stakes Crypto Case

Samourai Wallet Devs Plea Guilty in High Stakes Crypto Case

A significant development has emerged in the legal saga surrounding Samourai Wallet, as co-founders Keonne Rodriguez and William Lonergan Hill have reportedly changed their pleas to guilty. This shift, revealed by crypto news outlet The Rage on July 29, 2025, marks a potential turning point in a case that has

Bitcoin Dominance Holds Strong at 58.79% Amid Altcoin Gains and Institutional Moves

Bitcoin Dominance Holds Strong at 58.79% Amid Altcoin Gains and Institutional Moves

Bitcoin continues to assert its authority over the crypto market, maintaining a dominance of 58.79% as of July 27, 2025, within a total crypto market cap of $3.98 trillion. This metric, which measures Bitcoin’s market cap relative to the broader market, serves as a critical gauge of

Ethereum ETFs Surge with Record Inflows as Bitcoin ETFs Maintain Positive Momentum

Ethereum ETFs Surge with Record Inflows as Bitcoin ETFs Maintain Positive Momentum

The crypto market witnessed a robust finish to the week, with Ethereum exchange-traded funds (ETFs) leading the charge by securing substantial inflows, while Bitcoin ETFs managed to stay in positive territory despite challenges. Ethereum ETFs extended their impressive streak of positive inflows to 16 consecutive sessions, amassing a significant $452.

The Biggest Moments in Bitcoin and Crypto So Far in 2025

The Biggest Moments in Bitcoin and Crypto So Far in 2025

As we cross past the halfway mark of 2025, the crypto space has delivered a whirlwind of breakthroughs, challenges, and record-setting milestones. From soaring prices and institutional adoption to high-profile hacks and innovative crossovers with artificial intelligence, the first half of the year has solidified crypto’s role as a