Bitcoin

A collection of 713 posts

Bitcoin

How Russia Is Using Bitcoin, Ethereum, and Stablecoins to Power Its Oil Trade with China and India

Russia has quietly turned to cryptocurrencies like Bitcoin, Ethereum, and Tether to facilitate its massive oil trade with China and India, a move aimed at navigating around Western sanctions, according to Reuters. This development marks a shift in how the country handles its $192 billion oil market, as reported by

El Salvador

Tracking the Source of El Salvador’s Bitcoin Reserve to Bitfinex

In a surprising twist, a recent blockchain analysis has tracked the origins of El Salvador’s Bitcoin reserve back to a single entity: Bitfinex, a crypto exchange led by Paolo Ardoino and Giancarlo Devasini. According to the findings published by ElSalvador.com, all 6,111 of the 6,114 Bitcoins

Bitcoin

U.S. Treasury Taps Crypto Leaders for Bitcoin Reserve Custody Plan

The U.S. Treasury Department recently took a significant step toward shaping the future of the nation’s Bitcoin reserve by consulting with leaders from three prominent cryptocurrency custody firms. Sources familiar with the discussions revealed that these meetings, held earlier this week, aimed to address the complex challenge of

Bitcoin

Latest Silk Road Seizure Nets $62.5 Million in Bitcoin for US Government

In a significant move underscoring the long reach of law enforcement, U.S. authorities have confiscated approximately 749 Bitcoin, valued at $62.5 million, linked to drug trafficking and money laundering activities from the infamous Silk Road marketplace. The seizure, reported by Forbes, was authorized by the U.S. Attorney

Bitcoin

Bitcoin Price Struggles Near $80,000 as Global Trade Tensions Escalate

Bitcoin has faced a challenging day, hovering around the $80,000 mark as international trade disputes cast a shadow over the crypto market. The digital asset, currently priced at $80,183.45, has experienced a modest decline of over the past 24 hours and a more noticeable drop of 8.

Wallet

Telegram Crypto Wallet Unveils Trading and Yield Features for Users

Telegram’s crypto wallet, developed by third-party company The Open Platform (TOP), has rolled out new features that expand its capabilities beyond simple messaging integration. The latest updates bring multi-asset trading and yield options to users of the wallet, which operates on the TON blockchain. Originally launched in 2023, the

Crypto

Bolivia Embraces Crypto to Address Import Issues Amid Dollar and Fuel Shortages

In a bold move to address mounting economic pressures, Bolivia’s state owned energy company, YPFB, has turned to cryptocurrency to facilitate payments for energy imports. This decision comes as the landlocked South American nation grapples with a severe shortage of U.S. dollars and fuel, a crisis that has

Bitcoin

Rumble Buys $17.1 Million in Bitcoin to Strengthen Treasury Strategy

Video-sharing platform Rumble has taken a significant step in its financial strategy by acquiring 188 Bitcoin, a purchase valued at approximately $17.1 million. This move, announced by the company listed on NASDAQ under the ticker RUM, aligns with its ongoing commitment to integrating Bitcoin into its corporate treasury. The

Bitcoin

Cantor Fitzgerald Unveils $2 Billion Bitcoin Financing Venture to Empower Crypto Investors

In a bold step toward integrating cryptocurrency with traditional financial systems, Cantor Fitzgerald, a prominent global financial services firm, has announced the launch of a Bitcoin financing business. Based in New York, the Wall Street powerhouse is rolling out this initiative with an initial $2 billion in financing, signaling its

Bitcoin

Senator Lummis Reintroduces BITCOIN Act Proposing Major Bitcoin Purchase for Strategic Reserve

Earlier today, Senator Cynthia Lummis says she reintroduced the BITCOIN Act during a conference hosted by the Bitcoin Policy Institute. The event, attended by notable figures like Michael Saylor and Vivek Ramaswamy, provided a platform for Lummis to outline her vision for a U.S. strategic Bitcoin reserve. This move

Bitcoin

El Salvador Expands Crypto Regulation Reach with New Paraguay Agreement

El Salvador has taken another significant step in its mission to shape the global crypto landscape by signing a regulatory agreement with Paraguay. This move, formalized last Friday, marks the second such partnership El Salvador has secured in the past three months, following a similar deal with Argentina in December.

Legal

Federal Court Orders Bitcoin Forfeiture in Puerto Rico Case, Sparks Legal Debate

In a significant legal development unfolding in the U.S. District Court for the District of Puerto Rico, Juan Carlos Reynoso faces mounting pressure after being held in contempt for refusing to comply with a court order to surrender 119.65 Bitcoin currently valued at $9.48 million. The case

Bitcoin

Bo Hines Unveils Federal Plan for Bitcoin Reserve to Strengthen U.S. Economy

In an exclusive interview with The Pavlovic Today, Bo Hines, the head of the President’s Council of Advisers on Digital Assets, shared details of a groundbreaking federal initiative aimed at enhancing the nation’s economic stability. The U.S. government, under this plan, intends to acquire Bitcoin (BTC) to

Bitcoin

Bitcoin Price Drops to $79,170 as Recession Concerns Weigh on Investors

The crypto market faced a sharp downturn today, with Bitcoin falling to a low of $79,170 per unit. This decline reflects broader unease among investors, as the leading digital asset tracks a similar slide in U.S. equities amid growing fears of an economic recession. The sell-off has rippled

Bitcoin

Michael Saylor Unveils $21 Billion Stock Offering to Boost Bitcoin Holdings at Strategy

Michael Saylor, the forward-thinking CEO of Strategy, has set the financial world abuzz with a new plan to raise up to $21 billion through a unique stock offering. Announced this morning, Strategy has entered into a sales agreement to issue shares of its 8.00% Series A Perpetual Strike Preferred

Bitcoin

Spain's Second Largest Bank BBVA to Launch Bitcoin and Ethereum Trading Services

Spain’s second-largest bank, Banco Bilbao Vizcaya Argentaria SA, commonly referred to as BBVA, has taken a significant step into the cryptocurrency market. On Monday, the banking giant announced it has obtained regulatory approval to introduce trading services for Bitcoin and Ethereum, the two leading cryptocurrencies by market cap. This

Bitcoin

Bitcoin Falls Below $84,000 as Crypto Markets Lose $100 Billion in Value Over Weekend

This Sunday morning Sunday, Bitcoin’s price experienced a significant decline, falling below $84,000 and wiping out $100 billion from the broader crypto market. The drop shows Bitcoin’s value tumbling from around $98,000 to $83,946.52, marking a 3.2% decrease in just a short period.

Ripple

Ripple’s Role in Spreading Bitcoin FUD Unraveled in SEC Lawsuit Documents

In a revealing twist from the ongoing legal saga between Ripple Labs and the U.S. Securities and Exchange Commission, internal emails from 2018 have surfaced, shedding light on the blockchain company’s efforts to promote the narrative that Bitcoin is controlled by China. The disclosure comes as part of

Strategic Bitcoin Reserve

Data Indicates U.S. Government Holds Bitcoin, Ethereum, Tether, and More, in $17 Billion Portfolio

Recent data from crypto intelligence firm Arkham reveals that the U.S. government currently holds an impressive $17.54 billion in cryptocurrencies, a figure tracked on their dashboard under their "U.S. Government" entity. This substantial portfolio likely stems from criminal investigations, forfeiture proceedings, and similar activities where

Bitcoin

Why Bitcoin’s Price Barely Moved After Trump’s New Strategic Reserve

On Thursday, President Donald Trump made waves by signing an executive order that officially established a national strategic reserve for Bitcoin and a national stockpile for other crypto assets like Solana, Cardano, and XRP, marking a significant moment for cryptocurrency in the United States. Yet, despite the historic nature of

Exchange

Winklevoss Twins’ Gemini Crypto Exchange Takes Major Step Toward IPO with Confidential Filing

Gemini, the crypto exchange founded by billionaire twins Cameron and Tyler Winklevoss, has quietly filed for an initial public offering. Sources familiar with the matter reveal that the company is laying the groundwork for a potential market debut, collaborating with financial giants Goldman Sachs Group Inc. and Citigroup Inc. to

Crypto

Trump Unveils Bold Vision at White House Crypto Summit

On March 7, 2025, the White House became the stage for a historic moment in the world of digital finance as President Donald Trump hosted the first-ever Crypto Summit. The public session offered a glimpse into Trump’s ambitious plans to position the United States as a global leader in

Strategic Bitcoin Reserve

Here Are 10 Budget-Neutral Strategies to Grow the Bitcoin Strategic Reserve

The Executive Order signed by President Trump last night mandates that the U.S. government establish a Strategic Bitcoin Reserve and develop "budget-neutral" strategies to acquire additional Bitcoin (BTC) without imposing incremental costs on taxpayers. The term "budget-neutral" implies that the government must leverage existing resources,

Strategic Bitcoin Reserve

Just Published: Official Text from the Executive Order Establishing the U.S. Strategic Bitcoin Reserve

The United States government has officially established a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile through an executive order signed today by the President. The full text of the executive order, titled “Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile,” was released to

Breaking News

Trump Signs Historic Executive Order Creating Strategic Bitcoin Reserve and Digital Assets Stockpile

BREAKING: In a historic development for the cryptocurrency space, President Donald Trump has signed an Executive Order establishing a Strategic Bitcoin Reserve, marking a pivotal step toward reinforcing the United States’ position in digital assets. Announced just now by David Sacks, the White House AI and Crypto Czar, the initiative