Aave plans to enter Bitcoin mining to boost revenue and grow its stablecoin ecosystem. The initiative leverages mining profits and hardware appreciation for dual benefits. The timing aligns with a bear market, offering cost-effective mining and asset acquisition. Aave is exploring Bitcoin mining to strengthen its GHO stablecoin ecosystem and ... Read more
Oklahoma introduced a bill to adopt Bitcoin as a strategic reserve asset. HB1203 aims to secure state funds against inflation through digital investments. The legislation showcases Oklahoma’s leadership in innovative fiscal policies. Oklahoma’s Representative Cody Maynard announced the Strategic Bitcoin Reserve Act on Jan. 15. This groundbreaking legislation seeks to ... Read more
Tether relocates its headquarters to El Salvador after acquiring a DASP license. The move strengthens Tether’s role in promoting Bitcoin adoption and financial inclusion. El Salvador’s progressive policies align with Tether’s goals of financial freedom and innovation. It has been officially declared that Tether is shifting its headquarters to El ... Read more
Bitcoin’s recent correction this January is turning heads, but analysts believe it’s a usual pattern the post-halving years see. The world’s largest cryptocurrency tumbled 10% this month, slipping from the high of $102,300 on January 7 to below $92,000 before adjusting upwards to near $94,000. According to crypto analyst Axel ... Read more
Bitcoin’s price has experienced a -2.3% retracement, slipping to $93,532. This decline comes as two major institutional developments unfold. First, the US Department of Justice (DOJ) is preparing to liquidate approximately $6.5 billion worth of BTC seized from the Silk Road. Meanwhile, MicroStrategy, under Michael Saylor’s leadership, continues its Bitcoin ... Read more
Meta shareholder Ethan Peck has filed a proposal for the technology giant to add Bitcoin to its treasury reserves. The man, through association with the National Center for Public Policy Research, submitted this proposal with a group of shareholders related to the shares owned by his family within Meta. The ... Read more
Germany is extending efforts to further integrate Bitcoin (BTC) into the country’s financial system, underlining innovative strategies from a recent Blockchain Roundtable held in Parliament. Key speakers, including former Finance Minister Christian Lindner and Circle’s Patrick Hansen, talked about the potential of blockchain and Bitcoin to renew financial systems and ... Read more
The victory of Donald Trump in 2024 has set the bar high for crypto interest among U.S. financial advisers, driven by a survey conducted by Bitwise/VettaFi. A survey conducted from November 14 to December 20 showed that 56% of advisers are now more likely to consider digital asset investments. This ... Read more
Metaplanet, a Japan-based venture capital firm, plans to increase its Bitcoin reserve fivefold to 10,000 BTC by 2025. The ambitious move also comes as some bullish market predictions suggest that Bitcoin may jump past $200,000 over the next year. In 2024, Metaplanet emerged as one of the most notable companies ... Read more
Bitcoin (BTC) remains on a positive price trajectory, maintaining its position above critical support levels and setting its sights on higher price targets. Currently, Bitcoin is priced at $97,868, marking a 1.19% increase over the last 24 hours. It has a 24-hour trading volume of $54.95 billion and a market ... Read more
