Bitcoin

A collection of 218 posts

Bitcoin Mining

Marathon Digital Inscribes Donald Trump Image on Bitcoin Blockchain

Marathon Digital has taken an interesting step by inscribing a portrait of Donald Trump onto the Bitcoin blockchain, an act that symbolizes not only the intertwining of politics with crypto but also positions Trump as the first U.S. president explicitly supportive of Bitcoin. Marathon Digital announced this unique initiative

Strategic Bitcoin Reserve

Massachusetts Senator Proposes Bill to Create State Bitcoin Reserve

In a significant move for the crypto space in the United States, Massachusetts State Senator Peter Durant has introduced legislation aimed at establishing a strategic Bitcoin reserve for the state. This development mirrors actions taken by other states like Texas, Pennsylvania, and Oklahoma, which are also considering similar legislative measures

Strategic Bitcoin Reserve

Coinbase Advocates for US Bitcoin Strategic Reserve

Coinbase, the nation's leading crypto exchange, has publicly endorsed the concept of a U.S. strategic Bitcoin reserve. This endorsement came through a thoughtful blog post on "economic freedom" penned by CEO Brian Armstrong. As Armstrong has positioned himself as a de facto spokesperson for the

Bitcoin

California Lawmaker to Draft Bitcoin Legislation

In an exciting bit of news, California State Representative Phillip Chen is collaborating with the nonprofit Proof of Workforce to draft legislation that supports Bitcoin. This action marks a notable step toward integrating crypto into state policy, reflecting a broader national trend under the incoming administration of President-elect Donald Trump,

Bitcoin Mining

Bitcoin Miner BitFuFu Aims to Boost Operations with Oklahoma Facility Acquisition

Singapore-based BitFuFu, a firm with significant backing from Bitmain, has set its sights on expanding its footprint in North America through an ambitious acquisition. The company has unveiled plans to secure a majority stake in a 51-megawatt Bitcoin mining facility located in Oklahoma, marking a strategic move aimed at enhancing

Donald Trump

Donald Trump's Crypto Strategy Will Elevate Cryptocurrency as National Priority

In a significant policy shift, US President-elect Donald Trump is set to designate cryptocurrency as a national priority through an executive order, according to insiders familiar with the matter. This move indicates a strategic pivot aimed at integrating the burgeoning crypto industry into the core of US policy frameworks. Under

Bitcoin

Coinbase Launches Bitcoin Loans for US with DeFi Backing

Coinbase has once again ventured into the realm of Bitcoin backed loans for its US customers, this time with a strategic twist. After discontinuing its previous crypto lending program in 2023 due to regulatory pressures and waning demand, Coinbase has now partnered with Morpho, a decentralized finance (DeFi) protocol, to

Solana

Trump is Considering Solana, XRP, and USDC in America First Strategic Reserves

In a significant shift toward embracing various cryptocurrencies, Donald Trump is considering the inclusion Solana, XRP, and USDC in what he terms an "America-first strategic reserve." As Trump prepares to assume the presidency on January 20, the crypto community eagerly awaits the potential implications of his forthcoming executive

Bitcoin Mining

Arkansas Legislature Considers Banning Bitcoin Mining Near Military Bases

The state of Arkansas is on the brink of passing legislation that could reshape the landscape for Bitcoin and crypto mining operations, particularly those near military installations. Senate Bill 60, introduced by Senator Ricky Hill and House Speaker Brian Evans, seeks to amend the Arkansas Data Centers Act of 2023

Strategic Bitcoin Reserve

Oklahoma State Representative Proposes Bitcoin as Strategic Reserve Asset

In a bold move to safeguard the financial future of its citizens, Oklahoma's State Representative Cody Maynard introduced House Bill 1203, which is aimed at being a strategic Bitcoin reserve. This legislative proposal aims to diversify the state's financial reserves by including Bitcoin as a hedge

Legal

US Government Orders Return of Seized Bitcoin to Bitfinex from 2016 Hack

The United States government has mandated the return of over 94,000 Bitcoins, seized after the infamous 2016 Bitfinex exchange hack, back to the exchange itself. This decision comes as part of an "in-kind restitution" process, highlighting a significant development in the legal treatment of digital assets. A

Bitcoin

El Salvador Harnesses Volcanic Power for Sustainable Bitcoin Mining

In the heart of Central America, El Salvador has embarked on an innovative venture that intertwines the digital economy with one of nature's most formidable forces: a volcano. This small nation has successfully mined 474 Bitcoins, amassing a value of $29 million, by harnessing the geothermal energy from

Bitcoin

Italian Bank Intesa Sanpaolo Ventures into Cryptocurrency with Bitcoin Acquisition

Intesa Sanpaolo, Italy's largest banking institution, has made a significant move into the cryptocurrency market by purchasing 11 Bitcoin for approximately $1 million dollars. This acquisition, which took place on January 13, 2025, represents the price range of $91,000 to $93,000 dollars per Bitcoin. This bold

Tether

Tether Files Lawsuit Against Swan Bitcoin Over Mining Joint Venture Dispute

In a significant escalation of their ongoing dispute, Tether, the stablecoin giant, has taken legal action against financial services firm Swan Bitcoin. The lawsuit filed in the High Court of England and Wales, centers around a contentious Bitcoin mining partnership known as 2040 Energy, revealing tensions that have simmered beneath

Donald Trump

Donald Trump Plans to Push for Crypto Policy Reform on Inauguration Day

Donald Trump, a vocal advocate for the crypto industry during his campaign, is set to issue executive orders concerning crypto policies on his very first day in office, according to the Washington Post. This move is seen as a direct response to the needs and expectations of the growing cryptocurrency

Crypto

BlackRock Report Says Crypto Has Surpassed Growth of Mobile Phones and Internet

In a new report, BlackRock, the asset management company overseeing $10 trillion, has said that the growth trajectory of cryptocurrencies has exceeded that of both mobile phones and the internet. The report highlights that the crypto sector has now attracted 300 million users worldwide, a milestone reached in just 12

Bitcoin

Proposal for Meta to Consider Bitcoin for Corporate Treasury

The National Center for Public Policy Research (NCPPR) is once again pushing the boundaries of corporate financial strategy, this time setting its sights on Meta (Facebook) with a bold proposal to integrate Bitcoin into the company's treasury. This move marks another chapter in the ongoing narrative of how

Crypto

Donald Trump Inauguration is January 20th, Here's What it Means for the Crypto Market

As Donald Trump prepares to take office once again on January 20th, the crypto community is excited annd speculating about how Trump’s policies might reshape the cryptocurrency landscape. Known for his pro-business stance, Trump's second term could herald significant changes for blockchain tech and cryptocurrency adoption, drawing

Crypto

Crypto ATMs on the Rise, Closing in on Record Numbers

The crypto industry has seen its fair share of ups and downs. However, the landscape of Bitcoin and crypto automated teller machines (ATMs) is showing signs of a robust recovery. As of January 11, 2025, the global count of these machines is just 1,092 units short of the all-time

Bitcoin

New Hampshire Explores Bitcoin for State Treasury Investments

New Hampshire is venturing into the world of crypto with a legislative proposal that would allow the state to establish a strategic Bitcoin reserve within its treasury. This initiative, spearheaded by State Representative Keith Ammon, aims to diversify state investments and potentially generate passive revenue, aligning with the state'

Roger Ver

Roger Ver's Pardon Plea: A Call Against Government Overreach in Crypto

Few stories capture the essence of the tension between innovation in Bitcoin and crypto and regulation as vividly as that of Roger Ver. Known as "Bitcoin Jesus" for his early evangelism, Ver now faces an astonishing potential sentence of over 100 years in prison in the United States

Bitcoin

Bitcoin Drops Near $90K as Crypto Market Sees Intense Sell-Off

In what can only be described as a tumultuous day for the market, Bitcoin, the most popular and well known digital currency, has witnessed a significant drop, touching a low of $91,215. This marks a decline of over 3% against the U.S. dollar, reflecting the broader instability within

Bitcoin

UK Judge Dismisses James Howells' $770 Million Bitcoin Landfill Case

James Howells, an IT engineer from Newport, Wales, has faced a significant setback in his quest to recover a hard drive containing over $770 million in Bitcoin. The hard drive, which contains Bitcoin mined back in 2009, and incidentally pre-fork coins such as Bitcoin Cash, was inadvertently discarded and buried

Crypto

Gary Gensler Takes One Final Jab at Crypto Before Quitting the SEC

As Gary Gensler prepares to step down from his role as the Chair of the U.S. Securities and Exchange Commission (SEC), he has not shied away from delivering one last critique of the cryptocurrency sector. In his parting remarks, Gensler described the crypto industry as a field "rife&

Crypto

Asset Manager Standard Chartered Ventures into EU Crypto Custody Services

Standard Chartered, a global banking heavyweight, has taken a significant step into the digital frontier by establishing a new entity in Luxembourg. This move is aimed squarely at offering custody services for cryptocurrencies and other digital assets within the European Union. As traditional financial institutions continue to eye the lucrative