President-elect Donald Trump has made a significant move in the world of cryptocurrency and blockchain technology with his latest appointment of Bo Hines as the executive director of the newly formed Presidential Council of Advisers for Digital Assets, also known as the …
The cryptocurrency market surge has propelled hedge fund giants Brevan Howard and Galaxy Digital to stellar returns, as Bitcoin continues its historic rally. According to data from Hedge Fund Research, cryptocurrency-focused hedge funds saw gains of 46% in November, pushing their year-to-date …
Hut 8, a prominent Bitcoin mining company, has made headlines after adding 990 Bitcoin to its reserves with a hefty $100 million purchase. This move has increased the company’s total holdings to 10,096 BTC, pushing its reserve value over $1 billion and …
President-elect Trump has taken a significant step towards integrating Bitcoin into the U.S. financial landscape by meeting with crypto industry leader Kris Marszalek to discuss the creation of a Bitcoin reserve. The meeting, which took place at Mar-a-Lago on December 16, focused …
Ohio House Republican leader Derek Merrin has introduced a groundbreaking bill that could potentially revolutionize the state’s financial strategy. The bill, known as HB 703 or the Ohio Bitcoin Reserve Act, aims to establish a Bitcoin fund within the state’s treasury. If …
MicroStrategy chairman Michael Saylor is doubling down on his belief in Bitcoin, likening the cryptocurrency to the iconic real estate of New York City. In a recent CNBC interview with Money Movers, Saylor referred to Bitcoin as the “Cyber Manhattan” of the …
MicroStrategy, a leading business intelligence firm, made headlines recently with news of their record-breaking Bitcoin purchase. The company’s CEO, Michael Saylor, hinted at a significant buy that could push their Bitcoin holdings to a staggering $50 billion. This move signifies MicroStrategy’s commitment …
Bitcoin has experienced a calm weekend, maintaining its momentum above the $100,000 mark after breaking this milestone on Wednesday and setting new highs. The crypto market is buzzing with anticipation as BTC consolidates near its historic levels, with traders and investors eagerly …
Bitcoin’s scarcity is becoming increasingly pronounced in the market as both small and large-scale investors continue to accumulate a significant portion of the available coins. This trend could potentially boost the value of BTC in light of recent upward price momentum, hinting …
Bitwise, a leading cryptocurrency asset manager, has made bold predictions for the year 2022, shedding light on the potential future trends in the industry. With Bitcoin’s rise fueled by ETFs and adoption, the company forecasts that the leading cryptocurrency will soar beyond …