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news-imageDecember 14, 2024

Riot Platforms Expands Bitcoin Reserves by Over 5,000 BTC

Riot Platforms has made a big move, adding 5,117 bitcoins to its holdings in a deal worth over $510 million!
Publisher: CryptoTicker
Sentiment: Positive
BTC

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Neutral
cover-imageThe Currency Analytics
December 14, 2024

Texas Bitcoin Reserve Bill: A Bold Step Toward Revolutionizing State Finances

The Texas Strategic Bitcoin Reserve Act outlines the creation of a state-run fund to acquire and hold Bitcoin, leveraging Texas's dominance in Bitcoin mining to enhance its financial portfolio. According to Capriglione, this initiative will bolster the state's financial position by tapping into the growing global interest in digital assets.

Positive
cover-imageThe Currency Analytics
December 14, 2024

2025 to Be a ‘Big Year' for Bitcoin, Says Pantera Capital Founder

Dan Morehead, the founder and managing partner of Pantera Capital, a leading hedge fund focused on cryptocurrency, has forecasted that 2025 will be a monumental year for Bitcoin. Speaking in a recent CNBC interview, Morehead emphasized his bullish outlook for Bitcoin, pointing to the increasing clarity around regulations and growing institutional interest as key drivers behind Bitcoin's continued ascent.

Negative
cover-imageThe Currency Analytics
December 14, 2024

Ledger Faces Backlash After $2.5M in Bitcoin and NFTs Stolen

Ledger, a leading provider of hardware wallets designed for securely storing cryptocurrency, is facing intense scrutiny following reports that a user lost $2.5 million worth of digital assets due to a security breach involving their Ledger Nano S device. The incident, which involved 10 Bitcoin valued at around $1 million and NFTs worth an additional $1.5 million, has raised serious questions about the security measures in place for hardware wallets, widely regarded as one of the safest methods for protecting cryptocurrencies.

Positive
cover-imageCoinPedia
December 14, 2024

Japan's National Diet Bitcoin Reserve Proposal: A New Chapter in Crypto Adoption

The political sentiment of the United States towards the cryptocurrency industry has turned encouraging, since pro-Crypto candidate Donald Trump won the US presidential election, defeating Kamala Harris, who represented a crypto-skeptic regime. The country is expected to establish a Bitcoin reserve as soon as Trump assumes the seat of power in late January, 2025.

Positive
cover-imageThe Currency Analytics
December 14, 2024

Vancouver Explores Bitcoin Integration with City Council Motion

The motion, introduced by Mayor Ken Sim, was passed at the December 11, 2024 Standing Committee meeting and directs city staff to investigate the feasibility of accepting Bitcoin for taxes and fees, as well as potentially incorporating Bitcoin into the city's financial reserves.

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