Bitcoin Magazine Bill That Authorizes Texas Comptroller Invest $250 Million Into Bitcoin Moves To Committee Texas House Bill (H.B.) 4258 authorizes the state's comptroller to invest funds from the state's Economic Stabilization Fund, often considered its “Rainy Day Fund”, into bitcoin and/or other cryptocurrencies. This post Bill That Authorizes Texas Comptroller Invest $250 Million Into Bitcoin Moves To Committee first appeared on Bitcoin Magazine and is written by Frank Corva.
Digital assets rose a day before the U.S. president was set to announce sweeping trade tariffs, but analysts remain wary about their impact.
While last week the company's announcement initially sent its shares higher, the longtime meme stock has since fallen.
Grayscale Investments has filed to convert its private Digital Large Cap Fund into an exchange-traded fund (ETF).
Can Ethereum still claim L1 dominance as Solana gains ground and the ETH/BTC ratio crashes below 0.022? ETH/BTC hits a multi-year low Ethereum (ETH), the world's second-largest crypto by market cap, is facing a sobering reality check.
On-chain data shows the Bitcoin whales have seen their population grow recently, despite the bearish action that the price has been facing. Bitcoin Whales Have Seen Notable Growth In Past Five Weeks According to data from the on-chain analytics firm Santiment, whale-sized Bitcoin wallets have recently climbed to their highest point since December of last year.
American Bitcoin Corp., a joint venture announced Monday (March 31) by bitcoin mining firm Hut 8 and an investor group that includes President Donald Trump's two older sons, reportedly plans to go public.
XRP extended its downturn for a second straight week as the coin plunged on Monday, nearing a critical breakdown below the $2 support level. The decline follows broader market turbulence intensified by impending U.S. tariffs set to take effect on April 2, 2025.
Video game retailer GameStop has nearly $1.5 billion to start buying Bitcoin for its treasury after completing its convertible notes sale.
Bitcoin price surged past $84,500 after a strong rebound, fueled by institutional purchases and Blackrock ETF inflows. Will BTC maintain momentum?
Tokyo-based Metaplanet added 696 BTC to its treasury in Q1 2025 through cash-secured put options and bond proceeds, bringing its holdings to 4,046 BTC and further aligning its strategy with Bitcoin-focused governance. The post Metaplanet Adds 696 Bitcoin to Treasury, Bringing Total Holdings to 4,046 BTC appeared first on Cryptonews.
The long-term vision is for American Bitcoin to be "two sister publicly traded companies" that combine under one vertically integrated firm, Hut 8 CEO Asher Genoot said on Bloomberg TV.
The company last week announced its intention to add bitcoin to its balance sheet.
On Mar. 31, 2025, Strategy (formerly known as MicroStrategy) bought $2 billion worth of bitcoins. The company now holds 528,185 BTC, representing over 2.5% of the total Bitcoin supply. While Michael Saylor, the frontman of Strategy, is widely celebrated as the biggest Bitcoin bull, some consider him a potential threat to the Bitcoin network.
Bitcoin ETFs saw a $71 million outflow to start the week, extending Friday's losses, while ether ETFs added $6.42 million in inflows. Investors may be reacting to economic concerns, including upcoming tariffs from President Trump. Bitcoin ETF Outflows Continue as Investors React to Market Uncertainty Bitcoin ETFs stumbled into the new week, shedding $71.
Renewable energy could power over 70% of Bitcoin (BTC) mining operations by 2030, according to a report published by MiCA Crypto Alliance andh data analytics firm Nodiens. The report highlighted that this shift comes as miners move away from fossil fuels in favor of cleaner alternatives like wind, solar, hydro, and energy from waste.
Bitcoin's price correction over the past week has caused mixed emotions among investors, with some indicators pointing to possible further declines. However, according to one analyst, the current phase could represent the last opportunity to buy before the next major rally.
Polymarket bettors see only a 2% chance of XRP hitting a new record high this April.
The selling of Bitcoin (BTC) by long-term holders is being quickly absorbed by buyers, according to digital asset analytics firm Glassnode. Glassnode says that long-term holders – or those holding their coins for more than 155 days – are starting to re-accumulate BTC after a second wave of selling, reducing volatility on the price chart.
On today's show, bitcoin climbs to the $85,000 level to kick off April while notching back-to-back monthly losses in March. And, crypto investor Chun Wang blasts off into space in the first human spaceflight mission to fly over the Earth's polar regions.
The world's largest stablecoin provider Tether, on April 1 revealed bitcoin purchases totaling 8,888 BTC made during the first quarter of 2025, bringing its overall bitcoin holdings to 92,647 BTC or a mammoth $7.8 billion. Onchain data shows that the Q1 purchases were all moved simultaneously into Tether's primary bitcoin wallet on March 31st.
Bitcoin has gone up by 2.5% in the past 24 hours and currently stands at $84,107 as the market has finally taken a breather after the sell-off that took place in the past week.Although BTC demonstrated its resilience to the selling spree, it has still booked a 3.
Cryptocurrency markets are trading higher on Tuesday as attention turns to President Trump's tariff announcements on Wednesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,082.96 +2% Ethereum (CRYPTO: ETH) $1,905.15 +3.3% Solana (CRYPTO: SOL) $126.83 +0.6% XRP (CRYPTO: XRP) $2.13 +0.6% Dogecoin (CRYPTO: DOGE) $0.1720 +2.6% Shiba Inu (CRYPTO: SHIB) $0.00001274 +1.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 79.5% and daily active addresses up by 29.5%.
GoMining has launched a new division, GoMining Institutional, with a new $100 million Alpha Blocks Fund to offer structured exposure to Bitcoin mining for professional investors. According to an April 1 announcement shared with crypto.
Ethereum's native token, Ether (ETH), registered four consecutive red monthly candles after the altcoin dropped 18.47% in March. The altcoin's current market structure reflects a sustained bearish trend not seen since the bear market of 2022.
Tether has bolstered its Bitcoin reserves with a $735 million purchase of 8,888 BTC on the last day of Q1 2025, bringing its total holdings to 100,521 BTC, valued at approximately $8.44 billion, cementing its prominent position in the cryptocurrency market. The post Tether Quietly Becomes One of Bitcoin's Largest Whales With $8.44B in Holdings appeared first on Cryptonews.
GoMining, a platform that allows users to mine Bitcoin (BTC) through data centers, is launching a $100 million Bitcoin mining fund for institutional investors. Custodied by Bitgo, the fund promises annual distributions from mining yield and a strategy that focuses on Bitcoin rewards and reinvestment.GoMining's Alpha Blocks Fund comes as more companies have added Bitcoin to their balance sheets, capturing enthusiasm surrounding the resurgence of the world's top cryptocurrency by market capitalization.
Crypto ETFs attracted more than $200 million in capital inflows last week despite the market's sell-off, signaling that investors are cautiously buying the dip.
Whispers of a potential big jump for XRP are circulating, with one analyst suggesting it could hit $27 by June. This prediction hinges on a look back at how XRP has behaved in the past.
Metaplanet used cash-secured put options that allowed the company to acquire 696 BTC below market prices.
The family of American President Donald Trump (Donald Trump) continues to strengthen its position in the cryptocurrency industry.
Artificial intelligence (AI)-infused blockchain Ambient has raised $74 million in new funding. That financing, CoinDesk reported Tuesday (April 1), will help the company develop a blockchain that is “ultimately designed as a replacement for Bitcoin,” as co-founder Travis Good put it.
Canadian billionaire Frank Giustra has opined that Bitcoin and gold provide "very different functions," which is why he believes that the two assets should not be compared.
Senator Ted Cruz introduced legislation on April 1 to repurpose flared gas and use it to generate “value-added products,” like mining Bitcoin (BTC) and other digital assets. The bill, called the Facilitating Lower Atmospheric Released Emissions (FLARE) Act, proposes using natural gas produced during oil drilling operations and providing incentives through tax advantages.
Crypto compliance group MICA Crypto Alliance has projected that 70% of the energy used for Bitcoin mining will be from renewable sources by 2030. In a 19-page report, the group noted changes to the energy composition for Bitcoin mining.
Crypto analyst Jamie Coutts says that a breakdown in the US Dollar Index (DXY) could be hinting at coming rallies for Bitcoin (BTC). In a new interview on the Less Noise More Signal YouTube Channel, Coutts shares a chart that shows the price of Bitcoin overlaid with large down moves – of at least 2.
Tether, this whale of the digital seas, seizes 8,888 BTC, its unwavering quest for the elevation of the dollar in a fluctuating world where only the stability of Bitcoin shines.
Bitcoin's dominance is at a four-year high—will it hold, or is Ethereum about to steal the show?
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Crypto expert Egrag Crypto has again predicted that the XRP price could rally to as high as $27. The analyst has also revealed the exact timeline for when the altcoin could record this massive price surge.
American Bitcoin mining leaders Hut 8 sell their mining equipment to become a part of the Trump family's new enterprise.
Eric Trump, Executive Vice President of the Trump Organization, has praised Bitcoin (CRYPTO: BTC) as one of the greatest stores of value, emphasizing its immediate liquidity and effectiveness as a hedge against real estate investments. What Happened: In an interview with Fox Business on Tuesday, Trump highlighted Bitcoin's unique advantages over traditional assets, pointing to its role in the Trump family's growing involvement in the cryptocurrency sector amid their broader push into digital assets.
Bitcoin Magazine Beyond The Vault: Why Bitcoin's True Power Lies In Motion A critique of Saylor's store of value obsession and a case for the medium of exchange, and a case for why Bitcoin needs to be both. This post Beyond The Vault: Why Bitcoin's True Power Lies In Motion first appeared on Bitcoin Magazine and is written by Shinobi.
Eric Trump, son of United States President Donald Trump, has doubled down on his bullish take on Bitcoin by stating that the digital asset is “one of the greatest stores of value.
The Trump family is launching a Bitcoin mining-focused venture with Hut 8 Corp., called American Bitcoin Corp., which will focus on Bitcoin mining and "strategic Bitcoin reserve development." Eric Trump will serve as the chief strategy officer for American Bitcoin.
The president is set to detail his tariff regime on Wednesday after the U.S. market close.
Metaplanet bought 696 BTC for ¥10.15 billion ($67.9 million) via options. The total Bitcoin holdings now stand at 4,046 BTC, worth $340 million.
XRP holders are finding themselves at a crossroads as recent market trends raise questions about the cryptocurrency's near-term future. After a strong bullish run, XRP has hit a rough patch, with technical indicators suggesting the possibility of further declines.