Bitcoin

Florida’s New Move: Adding Bitcoin to State Reserves for Diversification

Florida’s CFO proposes Bitcoin to diversify state reserves, positioning it as “digital gold” to hedge against volatility. The proposal includes a pilot program to assess Bitcoin’s feasibility in state pension funds, keeping Florida ahead in innovation. Florida is taking significant moves to diversify its state reserves, with a new proposal... read more →

Umer
November 11, 2024
Bitcoin

Bitcoin Market Alert: China and Saudi Arabia’s $1 Billion ETF Partnership Could Shift US Liquidity

The China-Saudi ETF partnership signals a strategic move to shift liquidity from US-dominated markets, potentially affecting Bitcoin ETF inflows in the U.S. Saudi Arabia’s new Hong Kong-linked ETF, launched with $1.2 billion, could encourage regional investors to favor local markets over U.S. options. Following a recent Crypto Rally event reported... read more →

Umer
November 11, 2024
Bitcoin

Bitcoin Momentum Builds: All-Time High ‘This Week’ Within Reach as BTC Hits $73K

Bitcoin’s bullish momentum above $72K signals potential for a new all-time high, driven by strong buyer support and macroeconomic factors. Traders anticipate a possible pullback before BTC continues upward, with robust market positioning favoring sustained growth. Bitcoin broke above the $72,000 mark following Wall Street’s opening on Oct. 29, edging... read more →

Umer
November 11, 2024
Bitcoin

Bhutan Government’s BTC Transfer Sparks Speculation Amid $71K Bitcoin Surge

Bhutan’s government transferred 935 BTC ($66 million) to Binance as Bitcoin nears $71,000, fueling speculation about possible sales. Bhutan’s crypto strategy prioritizes Binance, with substantial holdings and additional assets in Ethereum and other cryptocurrencies, highlighting a robust digital asset approach. Following news of Bhutan’s Bitcoin holdings of 13,000 BTC, a... read more →

Umer
November 11, 2024
Bitcoin

BRICS Nations Expected to Drive Bitcoin Adoption, Says VanEck

BRICS membership is growing, setting a positive pathway for Bitcoin adoption. With the bloc no longer poised to build new de-dollarization infrastructure, the chances of BTC adoption remain high. In a recent CNBC interview, Matthew Sigel, Head of Digital Asset Research at VanEck, said the BRICS bloc will increase the... read more →

Umer
November 11, 2024
Bitcoin

Litecoin’s Long-Term Holders Rank 2nd Only to Bitcoin, Beating Ethereum

Litecoin is gaining traction as an asset for value preservation in the long term. Litecoin ETF hype is helping to fuel the coin’s bullish price outlook. Litecoin (LTC) recently outpaced Ethereum (ETH) regarding the longest average holding period. This highlights Litecoin’s sustained appeal among long-term investors. However, Bitcoin (BTC) continues... read more →

Umer
November 11, 2024
Bitcoin

Marty Bent: Telling Bitcoin’s Human Side Through Tales from the Crypt

Marty Bent uses Tales from the Crypt to humanize Bitcoin, focusing on how it impacts people’s lives and financial freedom. Bent emphasizes cautious optimism towards meme coins, recognizing their hype while stressing the risks of speculative trading. For years, Marty Bent has been a major player in the crypto space,... read more →

Umer
November 11, 2024
Bitcoin

MicroStrategy to Raise $42 Billion for Bitcoin – Is $100K BTC on the Horizon?

Michael Saylor’s MicroStrategy has revealed that it would raise $42 billion from equity and fixed-income security to purchase Bitcoin in the next three years. As of the end of the third quarter of 2024 (Q3 2024), MicroStrategy held 252,220 Bitcoins ($6.851 billion) at a market price of $63,463 per coin.... read more →

Umer
November 11, 2024
Bitcoin

Satoshi Nakamoto to Reveal Identity Today — Bitcoin Community Stunned

A document has disclosed that Satoshi Nakamoto would soon make a groundbreaking appearance to prove his identity and relationship with Bitcoin in a live demonstration. Meanwhile, a section of the crypto community strongly doubts the authenticity of this document as they claim this is merely a clout chasing. According to... read more →

Umer
November 11, 2024
Bitcoin

Russia’s Sovereign Wealth Fund Backs Bitcoin Mining Expansion Across BRICS Nations, Is BTC Headed to $3 Million?

Russia’s Sovereign Wealth Fund is channeling investments into Bitcoin mining across BRICS nations, aiming to facilitate global trade settlements in Bitcoin. The concentration of mining within the BRICS nations may lead to network centralization, a potential risk for Bitcoin’s decentralized ethos. Russia’s Sovereign Wealth Fund has made a decisive move... read more →

Umer
November 11, 2024
Bitcoin

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