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Bitcoin

A collection of 466 posts

GameStop Adds Bitcoin to Treasury Reserve in Strategic Update

GameStop Adds Bitcoin to Treasury Reserve in Strategic Update

BREAKING: GameStop Corp. announced on March 25, 2025, that it will now include Bitcoin as part of its treasury reserve assets. The decision, unanimously approved by the company’s board of directors, marks an update to its investment policy and positions GameStop as a forward-thinking player in the evolving landscape

7 Million People Own Crypto in the UK, According to Financial Watchdog

7 Million People Own Crypto in the UK, According to Financial Watchdog

The UK’s financial watchdog has sounded the alarm on a growing trend among young people, with millions under the age of 35 diving headfirst into the volatile world of cryptocurrencies like Bitcoin. Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), recently told MPs that this shift away

Kentucky Embraces Cryptocurrency with New Self-Custody Law

Kentucky Embraces Cryptocurrency with New Self-Custody Law

In a significant step toward supporting cryptocurrency adoption, Kentucky Governor Andy Beshear signed House Bill 701 into law on March 24, 2025, bolstering protections for individuals who choose to self-custody their Bitcoin and Ethereum. This legislation, which sailed through the state’s House with a unanimous 91-0 vote on February

Roger Ver Legal Battle Continues as IRS Pushes for Extradition Over Tax Dispute

Roger Ver Legal Battle Continues as IRS Pushes for Extradition Over Tax Dispute

Roger Ver, a prominent figure in the Bitcoin and crypto space often referred to as "Bitcoin Jesus," continues to face a contentious legal struggle with the Internal Revenue Service (IRS). The dispute centers on taxes he paid in 2014 when he renounced his U.S. citizenship, a move

Cathie Wood Launches El Salvadors AI Education Program with Inaugural Lecture

Artificial Intelligence

Cathie Wood Launches El Salvadors AI Education Program with Inaugural Lecture

El Salvador took a significant step toward becoming a global technology hub with the launch of its new university level AI education program called Cubo AI. The initiative began with an inaugural lecture by Cathie Wood, the CEO of Ark Invest and a leading figure in technology investment. Wood, celebrated

Kevin O’Leary Shares Bitcoin and Crypto Insights, Urges Skeptics to Start Small

Kevin O’Leary Shares Bitcoin and Crypto Insights, Urges Skeptics to Start Small

In a recent Fox News interview, Kevin O’Leary, widely recognized as “Mr. Wonderful” from his time on Shark Tank, offered a compelling perspective on the evolving world of cryptocurrency. Speaking to an audience that may include both enthusiasts and skeptics, O’Leary encouraged those hesitant about digital currencies to

Bitcoin Reaches 1.3% of Global Money Supply in March 2025

Bitcoin Reaches 1.3% of Global Money Supply in March 2025

In a significant milestone, Bitcoin has achieved a total market value of $1.7 trillion as of March 2025, accounting for 1.3% of the global money supply. This data, sourced from River and the World Gold Council, highlights Bitcoin's growing presence in the financial world. The global

Bitcoin Bulls Charge Amid Regulatory Shifts and Institutional Plays

Bitcoin Bulls Charge Amid Regulatory Shifts and Institutional Plays

This past week in crypto has been buzzing with a blend of optimism and caution as Bitcoin flexes its muscles with bullish signals, hinting at a potential rally in the coming months. Analysts are pointing to technical indicators like a reversing RSI and significant exchange withdrawals as signs of growing

IMF Adds New Crypto Classification System Featuring Bitcoin, Stablecoins, and Staking

IMF Adds New Crypto Classification System Featuring Bitcoin, Stablecoins, and Staking

The International Monetary Fund (IMF) has taken a significant step forward in acknowledging the rising influence of digital assets by integrating Bitcoin and cryptocurrencies into its latest balance of payments standards. Released on March 20, 2025, the seventh edition of the Balance of Payments Manual, known as BPM7, marks the

Michael Saylor Unveils Bitcoin’s Expansive Future: 21 Truths of Bitcoin

Michael Saylor Unveils Bitcoin’s Expansive Future: 21 Truths of Bitcoin

In a thought-provoking speech at the Block Works conference in 2025, Michael Saylor, a prominent figure in the Bitcoin space, delivered a presentation titled “The 21 Truths of Bitcoin.” Far from viewing Bitcoin as just a digital currency, Saylor painted a vivid picture of its multifaceted identity and transformative potential.

Eminem’s Ex-Studio Engineer Faces Charges for Selling Unreleased Tracks for $50K in Bitcoin

Eminem’s Ex-Studio Engineer Faces Charges for Selling Unreleased Tracks for $50K in Bitcoin

A former sound engineer who worked closely with Marshall Mathers, better known as Eminem, now finds himself at the center of a federal investigation. Joseph Strange, a 46-year-old resident of Holly, Michigan, has been charged with selling unreleased tracks from the Grammy-winning rapper for $50,000 in Bitcoin. The accusations,

Cardano Wallet ‘Lace’ Adds Bitcoin Support for Multichain Web3 Access

Cardano Wallet ‘Lace’ Adds Bitcoin Support for Multichain Web3 Access

In a significant step forward, Lace, a non-custodial Web3 wallet developed by Input Output, has officially broadened its horizons by adding Bitcoin support. Announced on March 20, 2025, this development transforms Lace into a multichain platform, extending its capabilities beyond its Cardano roots. Input Output, a research-driven infrastructure and Web3

SEC Confirms Bitcoin and Proof of Work Mining Are Not Securities Under US Law, Offering Clarity for Miners

SEC Confirms Bitcoin and Proof of Work Mining Are Not Securities Under US Law, Offering Clarity for Miners

In a significant development for the crypto industry, the U.S. Securities and Exchange Commission has clarified that Bitcoin and its Proof of Work mining activities do not qualify as securities under current U.S. law. Announced on March 20, 2025, this decision brings long-awaited regulatory certainty to Bitcoin miners

President Trump Unveils Vision for U.S. Cryptocurrency Leadership at 2025 Digital Asset Summit

President Trump Unveils Vision for U.S. Cryptocurrency Leadership at 2025 Digital Asset Summit

On March 20, 2025, President Donald Trump took the stage at the Digital Asset Summit in New York, to deliver a compelling address outlining his administration’s ambitious plans for the United States in the rapidly evolving world of cryptocurrencies. The summit, running from March 18 to March 20, brought

President Trump Set to Make History at Digital Asset Summit in New York

President Trump Set to Make History at Digital Asset Summit in New York

On Thursday, March 20, President Donald Trump will take the stage at the Digital Asset Summit in New York City, marking a significant moment for both the cryptocurrency industry and his administration. This highly anticipated morning address will be a groundbreaking event, as it represents the first time a sitting

Bitcoin Surpasses $84K as Investors Await Federal Reserve’s Next Steps

Bitcoin Surpasses $84K as Investors Await Federal Reserve’s Next Steps

Bitcoin has pushed past the $84,000 mark, drawing attention from investors as the Federal Reserve prepares to wrap up its latest meeting. The cryptocurrency rose by 3.49% in the past 24 hours, reaching $84,191.67 according to Bitcoin Markets. This uptick follows a week of modest gains,

North Carolina Lawmakers Propose 10% Investment into Bitcoin ETFs for State Funds

North Carolina Lawmakers Propose 10% Investment into Bitcoin ETFs for State Funds

North Carolina lawmakers have put forward a new bill (SB327) that could see the state allocate up to 10% of its public funds into Bitcoin exchange-traded products, marking a notable step in the growing trend of cryptocurrency adoption by U.S. states. Introduced on Monday by Representative Destin Hall, alongside

Breaking Down Michael Saylor’s New ‘Strife’ Bitcoin Perpetual Stock Offering

Breaking Down Michael Saylor’s New ‘Strife’ Bitcoin Perpetual Stock Offering

Michael Saylor, CEO of Strategy, formerly MicroStrategy, announced the launch of a new financial instrument: $STRF or "Strife," perpetual preferred stock. This new innovative offering targets institutional investors and select high-net-worth individuals, aiming to fuel Strategy’s aggressive Bitcoin acquisition strategy. This development marks another chapter in Saylor’

Bo Hines Reveals Trump Administration’s Goal to Secure as Much Bitcoin as Possible

Bo Hines Reveals Trump Administration’s Goal to Secure as Much Bitcoin as Possible

The Trump administration has set its sights on a transformative economic strategy with the establishment of the Bitcoin reserve. Bo Hines, the Executive Director of the Presidential Council of Advisers for Digital Assets, recently detailed this ambitious initiative in a recorded talk. Appointed by President Donald Trump, Hines officially assumed

Xapo Launches Bitcoin-Backed USD Loans for Long-Term Holders

Xapo Launches Bitcoin-Backed USD Loans for Long-Term Holders

Xapo Bank has introduced a new Bitcoin backed US dollar loan product aimed squarely at long-term Bitcoin holders. Announced today, this offering allows pre-approved clients to borrow up to $1 million while retaining ownership of their Bitcoin assets. Based in Gibraltar and regulated by the Gibraltar Financial Services Commission, Xapo

Venezuelan Minister Highlights Crypto’s Role as 25% of Global Trade Shifts Beyond US Dollar

Venezuelan Minister Highlights Crypto’s Role as 25% of Global Trade Shifts Beyond US Dollar

In an era of transformative global commerce, Venezuelan Foreign Minister Yvan Gil has spotlighted a remarkable shift in international trade, with up to 25% of transactions now potentially conducted outside the US dollar’s dominance, increasingly facilitated by cryptocurrencies. Speaking on the evolving financial landscape, Gil tied this development to

Michael Saylor’s Strategy Boosts Bitcoin Holdings with New $10.7 Million Purchase

Michael Saylor’s Strategy Boosts Bitcoin Holdings with New $10.7 Million Purchase

Business intelligence firm Strategy, previously known as MicroStrategy, has once again expanded its Bitcoin portfolio with a recent acquisition. Between March 10 and March 16, the company purchased 130 Bitcoin at an average price of $82,981 per coin, totaling $10.7 million. This move reinforces Strategy’s position as

Texas Teen Gang Faces Charges After Violent Crypto Robbery Attempt on Twitch Star Amouranth

Texas Teen Gang Faces Charges After Violent Crypto Robbery Attempt on Twitch Star Amouranth

Four teenagers have been arrested and charged following a violent home invasion targeting Kaitlyn Siragusa, widely known as Amouranth, a prominent Twitch and OnlyFans streaming personality. The incident, which unfolded earlier this month in her Houston residence, has sent shockwaves through the community and raised fresh concerns about the safety

Why Bitcoin’s Quantum Computing Dilemma Could Spell Doom If Controversial Soft-Fork Happens

Quantum Computing

Why Bitcoin’s Quantum Computing Dilemma Could Spell Doom If Controversial Soft-Fork Happens

The rise of quantum computing has ignited a fresh controversy in the Bitcoin community, with a prominent figure advocating a drastic measure that some fear could threaten the cryptocurrency’s foundational principles. Jameson Lopp, a well-known Bitcoin developer, published an essay titled “Against Allowing Quantum Recovery of Bitcoin,” proposing a

Crypto Market Stumbles as Bitcoin and Ethereum Face Downward Pressure

Crypto Market Stumbles as Bitcoin and Ethereum Face Downward Pressure

The crypto market took a noticeable hit on Sunday, with its global valuation slipping by 2.02% to land at $2.69 trillion. Leading the declines were major players like Bitcoin and Ethereum, which struggled to maintain their footing as losses rippled across the digital asset landscape. Bitcoin, the market’