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news-imageDecember 13, 2024

BlackRock's ETF head Jay Jacobs gives a new directive for Bitcoin, ETH, and Altcoin ETFs

During the recent “ETFs in Depth” event, BlackRock announced it is focusing on flagship cryptocurrency exchange-traded funds (ETFs). The company attributed its reasons for focusing on Bitcoin and Ethereum ETFs to limited market exposure.
Publisher: Cryptopolitan
Sentiment: Positive
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cover-imageCrypto news
December 13, 2024

Riot acquires 5,117 BTC for $510m

Riot Platforms has added to its growing Bitcoin holdings after the crypto miner and infrastructure provider scooped 5,117 more BTC for $510 million. The Colorado-based Bitcoin (BTC) mining company announced the fresh acquisitions on Dec.

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cover-imageBenzinga
December 13, 2024

The Top Statistics Of Bitcoin's $100,000 'Monumental Milestone'

Glassnode's latest Bitcoin (CRYPTO: BTC) analysis highlights the most interesting statistics related to the apex crypto's monumental $100,000 milestone. It took Bitcoin 5,256 days of trading to grow from fractions of a cent to a $2 trillion market cap, surpassing the total market cap of silver in the process.

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cover-imageBenzinga
December 13, 2024

Always Pay The Tax Man: Bitcoin Investor Sentenced To Two Years For Tax Evasion On Crypto Gains

In a landmark case, Frank Richard Ahlgren III, an early Bitcoin (CRYPTO: BTC) investor from Austin, Texas, has been sentenced to two years in prison for underreporting millions in cryptocurrency gains. The case represents the United States' first criminal prosecution solely focused on tax evasion involving digital assets, marking a significant development in the regulation and enforcement of cryptocurrency transactions.

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cover-imageBenzinga
December 13, 2024

Riot Platforms Acquires 5,117 Bitcoin For $510Million

Bitcoin mining company Riot Platforms (NASDAQ:RIOT) on Friday announced the acquisition of 5,117 Bitcoin (CRYPTO: BTC) for $510 million. The purchase, funded through the net proceeds of the company's recent $525 million, 0.75% coupon convertible bond issuance, was made at an average price of $99,669 per Bitcoin, inclusive of fees and expenses.

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cover-imageCoinPedia
December 13, 2024

Time to Buy Bitcoin? Riot Platforms Buys $510M Worth of BTC

The United States-listed Bitcoin mining firm Riot Platforms (RIOT) has acquired a significant 5,117 Bitcoin (BTC) for $510 million. These notable acquisitions occurred when BTC was trading near its all-time high, indicating massive adoption and heightened interest in the world's largest cryptocurrency.

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cover-imageCryptoGlobe
December 13, 2024

Bitcoin in State Treasury? Texas Representative Proposes Strategic Reserve

House Bill 1598, introduced by Texas Representative Giovanni Capriglione on Dec. 12, outlines a plan to establish a Bitcoin reserve within the state treasury. The bill, titled the Texas Strategic Bitcoin Reserve Act, details the state comptroller's responsibilities for managing Bitcoin as a financial asset, including provisions for secure storage and a long-term holding strategy.

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cover-imageBitcoin
December 13, 2024

Glassnode Report Reveals $131 Trillion Bitcoin Transfer Volume and Institutional Expansion

Bitcoin has reached a historic $100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $131 trillion in transaction volume, a $2 trillion market cap, and increasing institutional adoption. Bitcoin's $131 Trillion Journey According to Glassnode's latest onchain report, bitcoin (BTC) has crossed a monumental threshold, reaching $100,000 per coin on Dec.

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