Bitcoin

A collection of 504 posts

Trading

Morgan Stanley to Launch Crypto Trading on E*Trade Platform Next Year

Morgan Stanley is set to introduce crypto trading on its E*Trade platform, marking a pivotal step for a major U.S. bank to bring digital assets to retail investors. The initiative, slated for launch in 2026, follows a significant easing of regulatory restrictions under the Trump administration, which has

El Salvador

El Salvador Defies IMF with Continued Bitcoin Purchases

El Salvador’s unwavering dedication to Bitcoin as a cornerstone of its economic strategy has taken center stage, even as the nation navigates a delicate financial agreement with the International Monetary Fund (IMF). Despite conditions tied to a $1.4 billion loan that said the country had to scale back

Bitcoin

Bitcoin Developers Divided Over Proposal to Expand Blockchain Data Storage

A contentious proposal to eliminate data storage restrictions on the Bitcoin blockchain has ignited a fierce debate among Bitcoin Core developers, raising questions about the cryptocurrency’s fundamental purpose. The suggested change, which would allow significantly larger amounts of data to be stored on the blockchain, has split the community

Bitcoin

Grant Cardone Plans $100 Million Bitcoin Investment with New Real Estate Fund

Cardone Capital, a real estate investment firm overseeing $5 billion in assets, has announced an ambitious plan to acquire more than 1,000 Bitcoin as part of a strategic diversification effort, currently valued at around $100 million. Led by prominent investor Grant Cardone, the firm is launching a new 10-asset

Regulations

United Kingdom Proposes Crypto Regulations with Focus on United States Collaboration

The United Kingdom took a significant step toward regulating the crypto industry in it's region on Tuesday, as Finance Minister Rachel Reeves announced draft legislation designed to establish a robust framework for digital assets. Speaking at the Innovate Finance summit, Reeves emphasized the government’s ambition to position

Bitcoin Mining

Bitcoin Mining Embraces Sustainability as Cambridge Study Reveals 52.4% Clean Energy Use

A recent study from Cambridge University highlights a significant shift in the Bitcoin mining industry, with sustainable energy sources now accounting for 52.4% of its power consumption. This marks a notable increase from 37.6% in 2022, surpassing the 50% threshold set by Tesla CEO Elon Musk for resuming

Coinbase

Coinbase Launches Bitcoin Yield Fund Targeting 4%-8% Returns for Investors

Coinbase Asset Management is set to introduce a new investment vehicle designed to generate consistent returns for institutional investors holding Bitcoin. The Coinbase Bitcoin Yield Fund, opening globally on May 1, 2025, will cater exclusively to non-U.S. institutional clients and aims to deliver annualized net returns between 4% and

Bitcoin

Michael Saylor’s Strategy Buys $1.42 Billion in Bitcoin, Now Owns 553,555 BTC

Strategy, the Bitcoin treasury company formerly known as MicroStrategy, has significantly expanded its portfolio with a recent acquisition of 15,355 BTC, valued at approximately $1.42 billion. The purchase, executed between April 21 and April 27 at an average price of $92,737 per BTC, brings the company’s

Monero

$330 Million Bitcoin Heist Sparks Monero Price Surge in Crypto Laundering Scheme

A staggering transfer of approximately 3,520 Bitcoin, valued at roughly $330.7 million, has raised a lot of eyebrows with onchain investigator ZachXBT labeling the transaction as a potential theft and is linked to Monero. The suspicious movement of funds, which occurred on Sunday, has not only raised alarms

Bitcoin

El Salvador’s Bitcoin Claims Spark Controversy with IMF Agreement

El Salvador’s experiment with Bitcoin has taken a contentious turn, as conflicting narratives have begun to emerge between the government’s public statements and an International Monetary Fund (IMF) representative’s recent remarks. In a video addressing El Salvador’s fiscal policies, the IMF speaker confirmed that the country

Markets

Bitcoin Soars to $95K as Cantor’s $3B Venture and SEC’s New Chair Spark Rally

This past week in crypto, the market experienced a robust wave of positive momentum, with Bitcoin spearheading a rally that highlighted its growing role as a safe haven asset. Institutional interest surged, evidenced by significant inflows into Bitcoin ETFs and high-profile ventures like Cantor Fitzgerald’s $3 billion Bitcoin acquisition

Bitcoin Mining

Bitcoin Mining Costs Surge 47% Amid Rising Expenses

The cost of mining Bitcoin skyrocketed in the final quarter of 2024, climbing to an average of $82,162 for publicly listed miners, a 47% increase from the previous quarter, according to a comprehensive CoinShares industry report. When factoring in non-cash expenses like depreciation and stock-based compensation, the total production

El Salvador

El Salvador Proposes Cross-Border Crypto Sandbox to Advance U.S. Tokenization Regulation

El Salvador has put forward a proposal for a cross-border regulatory sandbox in collaboration with the U.S. Securities and Exchange Commission (SEC). The initiative, discussed during an April 22, 2025 meeting between the SEC’s Crypto Task Force, representatives from El Salvador’s National Commission on Digital Assets (CNAD)

Bitcoin

Coinbase Highlights Sovereign Wealth Funds Buying Bitcoin on CNBC

This week Bitcoin has experienced a notable price surge, climbing to $94,000 after dipping to around $76,000 earlier this month. This rebound has sparked discussions about the cryptocurrency’s evolving role in the financial landscape, particularly among institutional investors. John Dagasino, Head of Strategy at Coinbase Institutional, shared

Bitcoin Mining

LAPD Busts South American Cargo Theft Ring, Recovers $2.7 Million in Stolen Bitcoin Miners

The Los Angeles Police Department has uncovered a sophisticated cargo theft operation, seizing stolen goods valued at $3.9 million, including Bitcoin miners worth $2.7 million. The discovery, made at a warehouse in San Pedro, California, has led to the arrest of two individuals linked to a South American

Markets

Here’s Why Bitcoin and Crypto Prices Are Surging Today

The crypto market is experiencing a remarkable surge, with Bitcoin leading the charge and broader digital assets riding the wave of positive momentum. Several key developments today, April 22, 2025, are fueling this price run-up, reflecting a confluence of institutional enthusiasm, regulatory shifts, and global economic optimism. Investors are taking

Bitcoin

Paul Atkins Charts Bold Path for Bitcoin and Digital Assets as New SEC Chairman

On April 21, 2025, Paul Atkins was sworn in as the 34th Chairman of the Securities and Exchange Commission in Washington, D.C., marking a pivotal moment for the future of digital assets in the United States. Appointed by President Trump in December 2024, Atkins brings a wealth of experience

Bitcoin

Cantor Fitzgerald Spearheads $3 Billion Bitcoin Venture with SoftBank and Tether

Cantor Fitzgerald, under the leadership of Brandon Lutnick, collaborating with SoftBank, Tether, and Bitfinex, is set to launch a $3 billion Bitcoin acquisition vehicle. This strategic move aims to capitalize on the favorable cryptocurrency policies under the administration of U.S. President Donald Trump. The initiative, driven by Brandon Lutnick,

Markets

Bitcoin Tops $91K in Crypto Rally Sparked by Trump’s Bid to Replace Fed Chair

Bitcoin has reclaimed its position above $91,000, marking its highest level since early March and signaling a robust recovery for the crypto market. The leading digital asset, which saw a significant uptick of over 3% within a 24-hour period, was recently trading at $91,226. This resurgence comes as

Bitcoin

Bitcoin Stays Resilient at $87K Amid Stock Market Dip, Signaling Mature Investor Confidence

On Easter Monday, Bitcoin demonstrated notable stability, holding steady at $87,164 while traditional stock markets grappled with significant declines. The leading crypto saw a 2.3% increase over the past 24 hours, marking its strongest performance since April 2, the day following the Trump administration’s announcement of new

Bitcoin

Bitcoin Surges to $87K as Dollar Weakens Amid Global Economic Shifts

On April 20, 2025, Bitcoin experienced a notable price increase, climbing $1000 to reach $87,000, its highest level since April 2. This surge comes as the U.S. dollar shows signs of weakening, a trend that has sparked discussions about de-dollarization and its broader implications for global markets. The

El Salvador

El Salvador’s Bitcoin Experiment Struggles as 89% of Registered Businesses Are Inactive

In a striking development from El Salvador’s Central Reserve Bank (BCR), a remarkable 89% of registered Bitcoin service providers in the country are currently non-operational. This finding casts doubt on the success of El Salvador’s bold Bitcoin adoption strategy, which captured global attention in 2021 when the nation

Markets

Bitcoin Holds Firm as Stablecoins Soar and DeFi Growth Steer Market Recovery

This past week in crypto, the market showcased a dynamic blend of optimism and caution, driven by robust institutional interest and evolving regulatory landscapes. Bitcoin, while navigating early bear market signals, saw significant backing from corporate giants like Metaplanet and Strategy, with public companies increasing their holdings, signaling confidence in

Roger Ver

Roger Ver’s Legal Battle to Test DOJ’s New Crypto Policy Changes

The U.S. Department of Justice’s recent decision to abandon its “regulation by prosecution” approach marks a significant shift in how the government handles digital asset cases. A memorandum issued in April 2025 by Deputy Attorney General Blanche outlines a new policy: the DOJ will no longer pursue criminal

Bitcoin

Bitcoin Rises as Trump Questions Fed Chair Powell’s Role

Bitcoin is showing signs of a potential bullish surge as political tensions escalate between President Donald Trump and Federal Reserve Chair Jerome Powell. The cryptocurrency, often viewed as a hedge against economic uncertainty, is forming a bullish pennant pattern, signaling a possible upward breakout. This development comes as Trump openly