El Salvador Doubles Down on Bitcoin: Defying IMF and Market Trends
TL;DR El Salvador continues to accumulate Bitcoin, recently adding 6 BTC to its holdings, despite an agreement with the IMF to scale back Bitcoin activities...
Tag : Bitcoin
Crypto Revolution in the Beehive State: Utah’s New Bill Paves the Way for Blockchain Innovation
by jose
TL;DR The Utah Senate passed the Blockchain and Digital Innovation Amendments bill, providing residents with custody protections and the right to mine Bitcoin, operate nodes,...
Bitcoin Exodus: $900M Withdrawals Signal Bullish HODL Sentiment Amid Market Turbulence
by jose
TL;DR Nearly $900 million in Bitcoin was withdrawn from exchanges over the past week, indicating a strong shift toward long-term HODLing. Persistent negative exchange netflow...
Securing the Future: Texas Senate Greenlights Strategic Bitcoin Reserve for State Finances
by jose
TL;DR The Texas Senate passed the Bitcoin Strategic Reserve Bill (SB-21) with a 25-5 vote, advancing it to the House for further consideration. If approved,...
Trump Signs Executive Order to Establish Bitcoin Reserve
by federico
TL;DR President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve, aiming to solidify the US position in the crypto ecosystem. The...
Mt. Gox Moves $1B Worth of Bitcoin to Unknown Wallet
by jose
TL;DR Over $1B in BTC Moved: Mt. Gox transferred 12,000 BTC—over $1 billion—to an unknown wallet, marking its largest fund movement since January 2024. Split...
Bitcoin’s Resilience: Short-Term Holders Defy Market Fear
by federico
TL;DR Bitcoin remains volatile, with daily realized losses of $818 million, but short-term holders (STHs) continue to accumulate, showing strong conviction in future gains. Network...
El Salvador’s Bitcoin Push Endures Despite IMF Restrictions
by federico
TL;DR El Salvador’s commitment to Bitcoin remains strong despite international pressures, as President Nayib Bukele asserts that the country will continue purchasing Bitcoin for its...
Bitcoin Hits $95K: Strategic Crypto Reserve Fuels Market Optimism
by jose
TL;DR Bitcoin Surge: Bitcoin surged nearly 10% to an intra-day high of $95,152 following Trump’s announcement of a Strategic Crypto Reserve. Market Confidence: The announcement...
Metaplanet Fuels Bitcoin Rally: 156 BTC Purchase Ignites Institutional Momentum
by jose
TL;DR Strategic Acquisition: Metaplanet adds 156 Bitcoin to its portfolio, bringing its total to 2,391 BTC, with an investment of approximately $13.4 million. Market Catalyst:...