Swiss Legislator Pushes Referendum to Add Bitcoin to the Constitution

Dennis Porter, a crypto-advocate, revealed that Samuel Kullmann of Switzerland is working on a proposal to include Bitcoin as part of the Swiss constitution. The legislator has proposed a referendum plan that would require 100,000...

Hive Digital Relocates HQ in Texas, Citing the Pro-Bitcoin Position of President-Elect Trump

Hive Digital Technologies is moving its headquarters from Vancouver to Texas. released a statement on December 31 that attributed this decision to the pro Bitcoin policy expected under Donald Trump’s administration. Hive noted that Texas was a...

Cardano price is at risk of further decline, but could it recover in 2025?

Cardano's (ADA) price will end 2024 with a low note, around $0.85. This is a sharp drop from the highs of early December, in the area of $1.30, but it is still close to...

Japan Wary of National Bitcoin Reserve Due to Volatility, Foreign Exchange Rules

Japan's government expressed caution about holding Bitcoins as part of their national reserves. They cited concerns over its volatility and incompatibility legal frameworks with the current foreign exchange frameworks. In an official reply on December...

Thailand to Launch Bitcoin Pilot Project Binance will Support

Thailand will implement Thaksin's proposal to create a Pilot Payment Project for Bitcoin. Binance, a crypto giant, will back the pilot which aims at fostering Thailand's tech savvy investors. Binance Thailand has called for Bank of Thailand...

FBI, Japanese Police find N. Korean links in $300M Bitcoin Hack

The FBI (US) and Japan’s National Police Agency (JPA) have confirmed that a North Korean hacking collective, TraderTraitor orchestrated the infamous Japanese Bitcoin hack at DMM. In May, the exchange reported a loss of 4,502.9 Bitcoin....

Chivo Architect Says It’s Time to Shut Down El Salvador Bitcoin Wallet

Chivo Regrets? Lozano, who is also the co-founder of Panda Exchange, led the team which created the Chivo Wallet (wallet) for the El Salvador Government. Chivo, the first Bitcoin wallet run by a government, was launched in September...

Bitcoin Spot ETFs experience outflows totaling $680M during a crypto market decline

Sosovalue reported that the Bitcoin spot ETFs had a single-day outflow of $680,000,000 on Thursday. This was the highest ever outflow. The ETF withdrawals were caused by the Federal Reserve Chairman Jerome Powell adopting a...