Bitcoin

Vancouver Mayor Advocates for Bitcoin Adoption to Combat Inflation

Vancouver Mayor Ken Sim has introduced a bold initiative urging the city council to explore integrating Bitcoin into the city’s financial systems. The proposal aims to address inflationary challenges and safeguard the city’s purchasing...

The $500 million convertible notes offered by Riot to fund bitcoin purchases

Riot Platforms, a Bitcoin infrastructure company, has announced plans to raise $500M via convertible senior notes as part of a private offering to institutional investors. The decision was made as Bitcoin is trading near its...

El Salvador Amends Bitcoin Policy Amid IMF Loan Negotiations

El Salvador is contemplating significant changes to its cryptocurrency policy, including removing the legal obligation for businesses to accept Bitcoin as payment. These revisions are reportedly part of conditions tied to a $1.3 billion...

Ex-ARK analyst warns against $10T crypto market cap hype

Chris Burniske is warning against the hype surrounding the $10T crypto-market cap as Bitcoin has surpassed $100,000. Burniske, in a recent post on X called for a tempered outlook, advocating profit taking strategies and a tempered outlook...

Bitcoin Suisse founder: “Bitcoin price will even reach seven figures”

In a interview for the Neue Zürichcher Zeitung, Nikolajsen criticized crypto regulations and politics in Switzerland. He also praised the US and its incoming president Trump as pioneers. The current bull run is fueled by the US...

Czech Republic Introduces Tax Break for Long-Term Bitcoin Holders

The Czech Republic has taken a significant step toward fostering cryptocurrency adoption with an amendment that exempts Bitcoin held for more than three years from capital gains tax. Approved on December 6, 2024, the...

Bitcoin Dominance Surges 4,4% to 57%, as BTC hits record $104,000. Challenging Altcoin Narrative

  Bitcoin reached a new high of $104,000 and increased its market share by 4.4%, to 57%. The resurgence is a challenge to the narrative that an impending " Altcoin Season" will occur, where alternative cryptocurrencies are often...

U.S. Spot ETFs see $676M Inflows As Holdings Exceed 1M BTC

U.S. spot Bitcoin Exchange-Traded Funds (ETFs), which are traded on the stock exchange, saw an impressive $676.67 million inflows Tuesday. This is nearly double Monday's amount of $353.67 millions. data obtained from SoSoValue shows that the...

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