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Solidion Technology has announced a corporate treasury strategy involving buying Bitcoin using excess cash reserves. The company said in a press release that Bitcoin is a strategic asset and, therefore, a long-term store of value.

Jack Mallers reveals why Bitcoin isn't just an inflation hedge but the ultimate financial solution—highlighting its unmatched scarcity in a world where everything else multiplies like rabbits.

After a strong nine-day bullish streak, Bitcoin (BTC) dropped by 5.87%, falling from a peak of $91,765 to a low of $86,682. Pennsylvania's new bill allows the state treasury to invest up to 10% of its $7 billion fund in Bitcoin to hedge against inflation.

Thumzup Media Corporation, a social media marketing company based in Los Angeles, announced its entry into the crypto space with plans to purchase up to $1 million in Bitcoin.

Bitcoin has experienced a whirlwind of volatility following its recent all-time high of $93,483 set on Wednesday. Over the past few days, the price has oscillated between this record level and a low of $85,100, indicating the potential onset of a consolidation phase before the next major move.

An analysis from QCP Capital highlights bitcoin's latest breakout and future trends. QCP: Bitcoin's Rally Tied to Inflation Data, Trump Policies, and Market Shifts Bitcoin (BTC) achieved a record high of $93.4K during the New York trading session, according to the market update from QCP Capital. QCP analysts noted that the rally occurred following U.S.

CME's new Bitcoin Friday Futures weekly contracts have seen a significant uptick in institutional interest.

Shinobi argued that the surge of institutional bitcoin adoption will lead to premature ossification of the Bitcoin protocol. While I share this concern to an extent, I am less convinced this is necessarily true.

Crypto retail investor demand has surged to a multi-month high, targeting memecoins and DeFi tokens, analyst says.

The user held BTC from when it was worth $0.06 all the way up to $90,000.

In a recent interview on CNBC's “Squawk Box,” Matthew Sigel, Head of Digital Assets Research at VanEck, predicted that Bitcoin's current rally is “just getting started” and is expected to continue for at least two more quarters.

Interest in Lummis's Bitcoin Act of 2024 grows amid Trump's victory and Bitcoins all-time high, highlighting its potential impact on US finance. The post Senator Lummis files ‘Bitcoin Act of 2024' bill proposing a US strategic BTC reserve appeared first on Crypto Briefing.

A Bitcoin investor from BTC's early days has resurfaced, achieving an astronomical 1,491,666,566% gain on their holdings. This incredible return stems from a hoard of 2,000 BTC, originally purchased at a low price of $0.06 per Bitcoin.

TL;DR Pennsylvania introduces bill to integrate bitcoin into its state reserves. The Pennsylvania Bitcoin Strategic Reserve Act proposes that the state reserve up to 10% of its funds in bitcoin. This project seeks to diversify investments and combat inflation, making Pennsylvania a leader in financial innovation.

After a notable upside rally across the cryptocurrency industry, the market is now facing a price correction, including Bitcoin (BTC). Amid this price correction, whales and institutions appear to be accumulating and adopting BTC, as reported by local media across the globe.

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In one of the most significant cryptocurrency crime cases to date, Ilya Lichtenstein, who orchestrated the theft of 120,000 bitcoin from Bitfinex in 2016, was sentenced to five years in prison. The stolen Bitcoin (CRYPTO: BTC), worth $71 million at the time, is now valued at over $7.6 billion.

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), delivered a detailed address on Nov. 14 at the PLI Annual Institute on Securities Regulation. His remarks highlighted the SEC's approach to crypto regulation while repeatedly identifying the difference the SEC sees between altcoins and Bitcoin.

The spot Bitcoin Exchange-Traded Funds (ETFs) market continues to see increased adoption, with 13 new disclosures submitted recently. Prominent investment banking firm Goldman Sachs is among the latest investors expanding their Bitcoin portfolios.

The Bitcoin market has been strong again during the past week, as we continue to see the $90,000 level offer a bit of a barrier. At this point in time, the market looks as if it is trying to find some more momentum.

Goldman Sachs (NYSE:GS) has dramatically increased its exposure to Bitcoin (CRYPTO: BTC) ETFs, according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC), reflecting growing institutional interest in digital assets. What Happened: The Wall Street powerhouse disclosed $710 million invested across multiple Bitcoin exchange-traded funds (ETFs) for the quarter ending September 30.

Goldman's August crypto holdings were smaller, making the recent $710 million position a strategic shift amid growing institutional interest.

Bitcoin was firmly in the limelight this week after the world's largest cryptocurrency smashed past previous records to clinch an all-time high of more than $93,000 at the mid-week point. While Thursday saw a bout of profit-taking, the BTC/USD has pushed higher this Friday, although the $90,000 price point remains out of reach at the time of writing.

ASICKey has launched its latest lineup of cryptocurrency miners amid renewed interest in Bitcoin mining driven by the rebound in prices. The post ASICKey Unveils New Bitcoin Miners as Price Surge Restores Interest in Mining appeared first on Cryptonews.