Czech National Bank (CNB) governor Aleš Michl told FT, "For the diversification of our assets, bitcoin seems good."
Alongside record profits, USDT issuer Tether also reported Friday it now holds over $143 billion in reserve assets to back the stablecoin.
MicroStrategy (NASDAQ:MSTR) continues its bold Bitcoin strategy with a new $563.4 million preferred stock offering, signaling unwavering confidence in the apex crypto. The company announced on Friday that it has priced 7,300,000 shares of 8.00% Series A Perpetual Strike Preferred Stock at $80.00 per share, with settlement expected on Feb. 5.
MSTR intends to use the proceeds to buy more bitcoin, of which is currently holds 471,107 BTC worth over $46 billion.
Genius Group's Bitcoin expansion could influence educational tech firms to integrate cryptocurrency strategies, impacting market dynamics. The post AI-driven Genius Group plans $100 million Bitcoin treasury expansion through rights offering appeared first on Crypto Briefing.
Bitcoin held above the $105,000 mark on Friday as markets reacted to the latest PCE data, which showed inflation in line with expectations.
Social sentiment and MVRV metrics are shaping Bitcoin's price action around $104,000, as declining commentary on both greed and fear indicators suggests
El Salvador's Congress has swiftly approved a bill to amend and potentially scale back the country's Bitcoin adoption strategy after agreeing to a deal with the International Monetary Fund (IMF) in December 2024.
Tether, the company behind the $USDT stablecoin, announced plans to launch $USDT on Bitcoin's base layer and the Lightning Network. That's big, big news – $USDT carries a $140B market cap in the stablecoin sector, which itself accounts for some $224B of the $3.7T total crypto market cap.
A shining example of Bitcoin adoption, Salvadoran President Nayib Bukele disappointed Bitcoiners this week and divided opinion over the asset's local future.
Norges Bank Investment Management (NBIM), Norway's sovereign wealth fund giant, has been discreetly increasing its Bitcoin exposure—with a unique twist. They have strategically increased their indirect holdings by 153% by placing a shrewd wager on MicroStrategy, rather than rushing headfirst into the volatile crypto market.
The IBIT fund of BlackRock reaches the 31st place among global ETFs
Last year was a great one for the crypto market, which saw strong price increases, including Bitcoin breaking the $100,000 mark for the first time. With Donald Trump winning the elections and becoming the first U.S. president to be a supporter of cryptocurrency, many crypto-related companies earned significant profits.
TL;DR Vitalik Buterin holds less than 10% of his portfolio in Bitcoin, with Ethereum dominating his investments, showing his confidence in the network. The SEC has given initial approval to Bitwise's Bitcoin and Ethereum ETF, opening up new regulated investment opportunities for those interested in these assets.
Genius Group aims to raise $33M through a rights issue and $22M in loan financing to boost its Bitcoin reserves.
Bitcoin (BTC) is resting above $100,000, but metrics of realized market cap show the leading coin is still not in the euphoria stage of the current bull cycle.
Here are the top headlines in crypto markets in the past 48 hours.
SoftBank Group has made a $50 million investment into industrial-scale Bitcoin mining company Cipher Mining.
Thumzup Media Corporation has doubled its Bitcoin holdings to 19.106 BTC, increasing its investment in digital assets to $2 million. Thumzup company is authorized to allocate up to 90% of its surplus cash into Bitcoin (BTC).
This move will bring stablecoins to both Bitcoin's base layer and its Lightning Network. This is made possible by a new Taproot-powered protocol called Taproot Assets, developed by Lightning Labs.
“With Trump's inauguration festivity behind, the crypto market is shifting focus" to U.S. inflation and jobs reports, said a BitBank analyst.
The Arkansas Senate has rejected Senate Bill 60, which sought to prohibit digital asset mining businesses from operating within 30 miles of military facilities. Arkansas Legislature Rejects Digital Asset Mining Restriction The bill, introduced by Senator Hill and Representative Evans, aimed to amend the Arkansas Data Centers Act of 2023.
A closely followed crypto analyst believes digital assets will remain in a bullish trend for a longer duration than in previous cycles.
For someone as influential as Vitalik Buterin, it has always been interesting how little he has talked about Bitcoin (BTC). But recently, he gave some insight, revealing that the leading cryptocurrency is indeed not a major part of his portfolio.
The Bitcoin market continues to look a bit sideways at the moment, as traders wait for some kind of action out of regulators as far as crypto is concerned.
The ECB rejects Bitcoin as a reserve asset, while the Czech National Bank considers investing, highlighting a policy divide in Europe.
Nations, companies and blockchain protocols consider Bitcoin reserves as a strategic asset, but there's game theory hiding behind the decision-making.
JPMorgan's recent study has uncovered a captivating link between Bitcoin and small-cap tech stocks, suggesting that the cryptocurrency market and the tech sector share more similarities than many may have realized. Specifically, the study points to Bitcoin's strong correlation with the Russell 2000 index, which is comprised of small-cap technology companies.
The crypto market remains mainly in the green zone, according to CoinMarketCap.
Bitcoin ETFs accounted for 6% of all ETF inflows from Jan. 1 to 24, amassing over $4.2 billion in investments.
Anthony Pompliano, CEO of Professional Capital Management believes multiple countries are buying Bitcoin (CRYPTO: BTC) under the radar and predicts a “fun 2025” if that turns out to be the case. What Happened: In a post on X on Thursday, Pompliano pointed to recent developments, including the Czech National Bank's proposal to allocate billions to Bitcoin, as a major turning point.
The U.S. Securities and Exchange Commission (SEC) has granted approval for Bitwise's combined Bitcoin and Ethereum exchange-traded fund (ETF) on an accelerated basis.
Michael Saylor, co-founder of the Bitcoin-focused company MicroStrategy, has taken to his official account on the X social media network to make an important announcement. Saylor said that MicroStrategy is pricing its Strike Preferred Stock Offering, planning to raise not $250 million but $584 million.
Binance CEO Changpeng Zhao (CZ) argues the EU needs Bitcoin to secure its financial future.
The cryptocurrency market today has been showing strength as blue chip coins, namely Bitcoin, Ethereum, and XRP navigate through bullish zones. Talking about a quick January recap, while Bitcoin and XRP witnessed decent gains, Ethereum remained relatively stable, hinting at potential trend shifts in the coming weeks.
The price of Bitcoin will rise to $150,000, the market capitalization of altcoins will reach $3 trillion, and trading volumes on DEX will exceed $4 trillion, according to a report by Cointelegraph.
The headline US PCE inflation has increased for the third month to 2.6%, reported the Bureau of Economic Analysis on Friday. Moreover, the core PCE inflation in the United States has unexpectedly steadied at 2.8% in December, the same as in November.
As another week passes by, the crypto market is abuzz with big stories and new headlines. The list includes Arthur Hayes predicting a Bitcoin slump to $70,000 and how DeepSeek sent shockwaves through the industry.
Stablecoin market cap is back to a positive level, hinting at a potential uptrend for Bitcoin if liquidity continues to grow.
Buttcoin, a Solana meme coin parodying Bitcoin, is up a staggering 150% in the last 24 hours. Buttcoin (BUTTCOIN) has surged 150% in the past 24 hours, yet still trading at $0.0002624, 95% below its all-time high of $0.
MicroStrategy Bitcoin holding raises $584M by issuing 7.3M preferred shares at $80 each, boosting capital for future projects.
Bitcoin has been consolidating above a crucial support region, signaling strong buyer interest and a potential bullish breakout. If BTC reclaims the $108K resistance, it could trigger a short liquidation cascade, propelling the price toward $115K.
Investors are optimistic Bitcoin price will keep growing, however, retail investor selloff shows otherwise.
Michael Saylor's MicroStrategy plans to raise $563 million from its STRK preferred stock offering. This development is significant as it forms part of the software company's plans to acquire more Bitcoin.
As January draws to a close, a bitcoin wallet that had remained untouched since its creation on May 17, 2012, suddenly sprang to life, moving 204.46 BTC—now valued at $21.4 million—for the first time in nearly 13 years.
Texas is setting the stage for a significant shift in how cryptocurrencies are viewed and utilized across the United States. With the state pushing forward with its Bitcoin Reserve proposal, it could become a trailblazer in the national adoption of digital assets.