The Utah House of Representatives has passed HB 230, also known as the Blockchain and Digital Innovation Amendments. This marks a significant step in the state’s approach to digital asset investment. The bill allows the […]
BitMEX co-founder Arthur Hayes has dismissed the idea of a U.S. Bitcoin reserve, calling it a politically driven and impractical concept. In his February 5 essay called “The Genie,” Hayes argued that government stockpiling of […]
People have always doubted Bitcoin, but when a Nobel Prize-winning economist said it will eventually fail, many paid attention. Eugene Fama, known as the “father of modern finance,” thinks that Bitcoin will eventually be worth […]
Bitcoin (BTC) is becoming increasingly sensitive to macroeconomic factors. In fact, the digital asset is leading equity markets in the United States in response to President Donald Trump’s latest economic and policy changes. Despite this […]
The market for cryptocurrencies is under heavy stress. Slipping below the $100,000 level, Bitcoin has been battered by economic uncertainty brought on by US President Donald Trump’s new wave of tariffs. Investors are now on […]
According to Michael Saylor, MicroStrategy finally broke its 12-week streak of consecutive weekly Bitcoin purchases. The firm did not sell any shares of Class A common stock this week, nor did it use proceeds to […]
El Salvador has once again increased its Bitcoin reserves, thereby expanding its ambitious strategy of incorporating cryptocurrency into its national economy. The country’s total Bitcoin holdings have increased by five, bringing the total to an […]
The crypto world now boasts a staggering 88,200 crypto-millionaires scattered across the globe, according to the latest Crypto Wealth Report. This burgeoning class of wealth holders has seen their fortunes swell thanks to the ever-expanding […]
The United States Financial Accounting Standards Board’s new rules for crypto accounting will eliminate the “poor optics” that plagued companies holding digital assets, according to analysts from Berenberg Capital. On Sept. 6, the U.S. Financial […]
Bitcoin is currently in a very wobbly position. The price action remains just above fragile support in the $25,000 area. Its loss could lead to a sharp decline. On the other hand, the uptrend, which […]
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