Bitcoin

SEC Commissioner Hester P. Peirce says goodbye to controversial crypto accounting guidance SAB 121

After Gensler resigned, the US Securities and Exchange Commission revoked SAB 121 - a controversial Staff Accounting Bulletin. The rule has been widely criticized for requiring banks to include crypto as liabilities on their balance...

Trump to Issue Pro Crypto Executive Orders, including National Bitcoin Stockpile : Report

Donald Trump, the US president-elect, is reportedly planning to issue an executive directive promoting cryptos. Sources close to the issue told Bloomberg that he is also considering creating a federal store of Bitcoin. Sources said that the...

Japan’s Remixpoint Completes $3.2 Million Bitcoin Purchase

Remixpoint, a former crypto-exchange operator and Bitcoin (BTC buyer, completed a $3.2 Million purchase. According to the Japanese media outlet Copost Remixpoint announced last week that they had purchased "additional Bitcoin" "worth 500,000,000 yen." Remixpoint Bitcoin Buying Continues The company announced that it...

Block Poised to Be First S&P 500 Company with Explicit Bitcoin Strategy: VanEck’s Matthew Sigel

Matthew Sigel is the head of VanEck’s digital assets research. He believes Block Inc. could be the first S&P-500 listed firm to have an explicit Bitcoin strategy. Sigel published his report on January 9. He noted...

Arthur Hayes predicts crypto market will peak in March and a massive correction to follow

Arthur Hayes believes that cryptocurrency will peak around mid-March in 2025 before experiencing a sharp correction. "I believe crypto will peak in mid-March and then drastically correct." "Until then, it's time to dance," he said on...

KULR Technology invests $21 million in Bitcoin; total holdings now 430 BTC

KULR Technology increased its Bitcoin holdings on January 6, 2025 by investing $21 Million. This purchase increased the amount of Bitcoin in the company's corporate treasury by 213.4 BTC. KULR Expands Bitcoin Holdings With $21 Million...

JAN3 Secures 5M for Bitcoin Superapp AQUA

JAN3, the team that developed the popular Bitcoin wallet AQUA raised $5 million to further develop its superapp. Fulgur Ventures was the leader of the funding round announced on January 3 coinciding with Bitcoin’s Genesis Block anniversary....

Bitcoin Network Setstles $19 Trillion In 2024, Doubling Previous Year’s Volume

Bitcoin's network settled over $19 trillion worth of transactions in 2024. This is more than double the $8.7 billion in 2023. Pierre Rochard is vice president of Riot Platforms' research. He says that the surge represents...

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