Bitcoin

A collection of 467 posts

Bitcoin

BlackRock Integrates Bitcoin ETF into $150 Billion Model Portfolio

BlackRock, the asset management company with $11 trillion under its purview, has taken a significant step by incorporating its iShares Bitcoin Trust (IBIT) into its expansive $150 billion model portfolio business. This move introduces a 1% to 2% allocation of the Bitcoin exchange-traded fund (ETF) into its target allocation portfolios,

Bitcoin Mining

Braiins Unveils Bitcoin Mining Chip to Challenge Bitmain’s Market Dominance

Braiins, a company focused on advancing Bitcoin mining technology, has introduced a new ASIC chip designed to compete with Bitmain’s long-standing dominance in the Bitcoin mining industry. Bitmain, a Chinese manufacturer, currently controls roughly 70% of the ASIC market, a position that has raised concerns about centralization in Bitcoin

Stablecoin

How Senator Lummis Aims to Shape U.S. Cryptocurrency Regulation

On February 27, 2025, Senator Cynthia Lummis of Wyoming shared her thoughts following a recent Senate hearing on digital assets. As the newly appointed chair of the Senate Subcommittee on Digital Assets, a role she assumed in January 2025 under Senate Banking Committee Chair Tim Scott, Lummis is steering the

Bitcoin

Court Documents Reveal Swan Bitcoin Brokerage Service Was Funded by Ripple

Swan Bitcoin, a company focused on Bitcoin financial services, accepted funding from Ripple Labs, the company behind XRP, according to legal and financial records recently brought to light by Blockspace Media. This development has stirred controversy, especially given Swan’s public criticism of Ripple in the past. The situation unfolds

Bitcoin

IMF Greenlights $1.4 Billion Plan for El Salvador with Focus on Bitcoin Control

In a significant move for El Salvador’s economic future, the International Monetary Fund (IMF) Executive Board has approved a 40-month arrangement under the Extended Fund Facility (EFF), unlocking access to approximately $1.4 billion to the country. This decision announced today allows an immediate disbursement of $113 million to

Markets

Trump’s Tariff Threats Create Market Chaos, S&P 500 Plunges as Bitcoin Slumps

In a dramatic turn of events on Wednesday, financial markets reeled from President Donald Trump’s announcement of 25% tariffs on the European Union, sparking widespread concern among investors. The S&P 500 experienced a sharp decline, wiping out more than $500 billion in a matter of minutes. This

Regulations

Senator Cynthia Lummis to Lead Digital Asset Hearing to Shape Crypto Future

U.S. Senator Cynthia Lummis of Wyoming is set to chair the inaugural hearing of the Senate Banking Subcommittee on Digital Assets, marking a pivotal moment for blockchain and crypto regulation in the United States. Lummis shared her excitement about this historic first step toward crafting bipartisan legislation that will

Bitcoin

We Asked Grok AI Using Bitcoin GPT if Bitcoin and Crypto Can Replace Traditional Money - Here Was Its Answer

The debate surrounding Bitcoin and cryptocurrencies taking over traditional money has been discussed for years, sparking curiosity among enthusiasts and skeptics and everyone in between. To get a clear perspective, we turned to Grok AI, powered by Bitcoin GPT, and posed the question directly: can Bitcoin and crypto replace traditional

Markets

Four Reasons Why Bitcoin and Crypto Prices Are Crashing

The crypto market is in freefall, delivering a gut punch to investors as prices cratered on Tuesday. Bitcoin, Ethereum, Solana, and a bunch of other digital currencies nosedived by as much as 15%, shadowing a global slump that’s gripped stock markets as well. Crypto exchanges watched helplessly as $1.

Crypto

Binance Founder Changpeng Zhao Posts His Crypto Portfolio, Reveals Holdings

Changpeng Zhao (CZ), the founder of Binance, has publicly disclosed his personal crypto portfolio. This disclosure comes at a time when Zhao is navigating through the aftermath of legal challenges, yet his investment choices underscore a strong belief in his own platform's native token, BNB. Zhao's

Bitcoin

Michael Saylor Met with the SEC Crypto Task Force, Presents Digital Assets Framework

Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy) and a vocal Bitcoin evangelist, has dropped a comprehensive “Digital Assets Framework, Principles, and Opportunity for the United States” document. Presented to the SEC Crypto Task Force on Friday, this blueprint aims to position the United States as the global frontrunner

Bitcoin Mining

Bitcoin Miner BitFuFu Acquires 51MW Oklahoma Data Center to Expand Mining Operations

Today, mining company BitFuFu announced its acquisition of a 51-megawatt operational data center in Oklahoma, a strategic step that’s set to supercharge its U.S. Bitcoin mining footprint and redefine efficiency in the crypto mining industry. The acquisition highlights the company’s savvy approach to expanding its global reach.

Bitcoin

How Microsoft’s New State of Matter in Quantum Computing Could Challenge Bitcoin’s Security

Microsoft’s recent unveiling of a groundbreaking state of matter has sent ripples through the tech world, and its potential to disrupt Bitcoin’s security framework through quantum computing. This isn’t just another incremental step in technology; it’s a leap into territory that could reshape how we view

Coinbase

Coinbase Urges Congress to Revamp Crypto Laws with Six Key Priorities

Coinbase, a major player in the crypto exchange space, is calling on Congress to step up and tackle the messy state of crypto regulation in the United States. The company has laid out six critical priorities aimed at straightening out the legal tangle, safeguarding consumers, and keeping blockchain innovation from

Roger Ver

After Prison Release, Ross Ulbricht Champions Roger Ver’s Freedom

In a striking show of solidarity within the crypto community, Ross Ulbricht, the founder of the Silk Road marketplace, has taken to rally support for Roger Ver, an early Bitcoin investor facing serious legal challenges with the IRS. Ulbricht’s message highlights Ver’s past support during Ulbricht’s own

Bitcoin

Why Startups Are Embracing Bitcoin on Their Balance Sheets

A growing wave of startups are turning to Bitcoin as a clever addition to their financial strategies, and it’s not just about the money. Venture capital firm Epoch dropped a new report on the Bitcoin ecosystem, shining a light on how this trend is picking up steam. Startups aren’

Bitcoin

Trump Speech Says He Signed Executive Orders to End Biden’s War on Bitcoin and Crypto

In a electrifying speech at the FILL Priority event hosted by the America First Policy Institute, President Donald Trump made a fiery declaration: he’s signed executive orders to dismantle what he calls “Joe Biden’s war on Bitcoin and crypto.” Speaking before a packed audience and a backdrop adorned

Bitcoin

Bitcoin Lightning Network Security Flaw Threatens User Funds

In what can only be described as a distressing day for Lightning Network users, a critical vulnerability has been unearthed that could lead to the remote theft of Bitcoin. Bitcoin developer, known by the pseudonym "Calle," issued an urgent alert to all node operators using software versions prior

Bitcoin Mining

Bitcoin Mining Boosts US Economy by $4 Billion, Creates 31,000 Jobs

Bitcoin mining, often criticized for its environmental footprint, is now making headlines for its significant economic contributions to the United States. A comprehensive analysis by the Perryman Group, commissioned by key crypto advocacy groups like the Digital Chamber of Commerce and the Texas Blockchain Council, highlights the industry's

Bitcoin

Bitcoin Plummets to $93K Amid Crypto Market Downturn

The crypto market took a significant hit on Tuesday, with Bitcoin leading the charge downwards, dipping below $95,000 to reach its lowest point since early February. Currently priced at $93,442, Bitcoin's decline of nearly 2% daily and over 2% weekly might not seem drastic, but it

Artificial Intelligence

AI Integration at Coinbase Fast-Tracks Crypto Software Development

Coinbase is pushing the boundaries of AI application within its operations, extending beyond traditional uses like fraud prevention and customer support to innovate in software development. Brian Armstrong, CEO of Coinbase, recently shared that the company is now leveraging artificial intelligence to automate the generation of pull requests (PRs) for

Bitcoin

Tech Giant Google Targets Bitcoin Wallet Enhancements with Account Integration

Google has set its sights set on Bitcoin. The company is diving headfirst into the crypto ecosystem, aiming to simplify access for everyday Web2 users who might feel intimidated by the complexities of crypto. This isn’t just a casual dip into cryptocurrencies — Google wants to reshape how people interact

Bitcoin

Senator Cynthia Lummis Proposes Bitcoin as Solution to Audit Challenges of US Gold Reserves

Senator Cynthia Lummis has proposed a revolutionary approach to addressing the long-standing issue of transparency in U.S. gold financial reserves by suggesting the addition of Bitcoin. This proposal comes in the wake of growing concerns over the lack of recent audits on the U.S. gold reserves held at

Bitcoin

Hardcore Bitcoiner “Plan B” Shifts from BTC Maxi to ETF Advocate, Community Stunned

In a surprising move that has stirred the Bitcoin community, “Plan B”, the analyst known for his Bitcoin Stock-to-Flow model, has revealed he transferred his Bitcoin into a Bitcoin exchange traded fund (ETF). This pivot is not just a personal financial decision but marks a significant shift in perspective for

Bitcoin

President Bukele and Michael Saylor Discuss Plans for El Salvador's Bitcoin Strategy

In an important meeting between two great minds, Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), sat down with El Salvador's President Nayib Bukele to discuss the next steps in the nation's Bitcoin adoption strategy. This dialogue underscores El Salvador's continued commitment to integrating