The last 24 hours have been relatively quiet for Bitcoin (BTC) and some of the large-cap altcoins. The primary cryptocurrency has shown very slight volatility, trading at almost the same level observed yesterday (February 15). […]
Michael Saylor, the co-founder of MicroStrategy (now rebranded to Strategy) and a Bitcoin advocate, recently convened a meeting with President Nayib Bukele of El Salvador to deliberate on strategies for promoting the adoption of Bitcoin […]
Over $2.5 billion worth of Bitcoin and Ethereum options contracts are set to expire this Friday. Moreover, markets are still reeling from US economic data this week, including CPI and PPI, but can the derivatives’ […]
A new legislative proposal in Michigan seeks to create a Bitcoin reserve as part of the state’s financial strategy. On February 13, Representatives Bryan Posthumus and Ron Robinson put forward HB 4087, a bill designed […]
Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has gone on record to suggest that recent developments at the gold market might trigger a mass exodus to Bitcoin. Notably, the Bank of England […]
Currently, 20 US states have active proposals to create their own Bitcoin Reserve, several of which are advancing. These bills contain legal obligations to purchase $23 billion in Bitcoin, which would fuel huge demand. These […]
If state-level strategic Bitcoin reserve bills are enacted, “they could drive $23 billion in buying or 247,000 BTC,” said VanEck’s dead of digital assets research, Matthew Sigel, on Feb. 12. “This sum is independent of […]
The state of North Carolina has become the latest to introduce a bill allowing the investment of public funds in digital assets like Bitcoin (BTC). House Bill 92, also known as the “Digital Assets Investments […]
Ethereum took center stage last week as its price dumped toward $2,100, sparking a surge in investor interest. The leading altcoin saw substantial buying during the dip, which resulted in impressive inflows of $793 million. […]
The Bitcoin (BTC) market witnessed a slight recovery in the past 24 hours following a rather bearish trading week. After a flash crash to $91,000 on February 3, market analysts continue to speculate if Bitcoin […]
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