El Salvador amends Bitcoin policies to secure $1.4b IMF Deal
El Salvador has amended its Bitcoin regulations as a part of a deal with the International Monetary Fund. According to Reuters, El Salvador Congress has approved the reforms within minutes of receiving them from President Nayib Bukele, aligning the country’s Bitcoin policies with the terms of its $1.4 billion loan agreement with the IMF. El […]
Bitcoin ETF inflows remain weak amid Fed’s decision
Inflows into U.S. spot Bitcoin ETFs remain weak for the second consecutive day as the Federal Open Market Committee’s decision yesterday to keep interest rates unchanged weighs on investor sentiment. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $92.09 million in inflows on Jan. 29, continuing the weak inflow trend for the […]
El Salvador rushes in new Bitcoin law to comply with IMF deal: Report
The legislation reportedly rolls back a previous mandate that businesses accept Bitcoin for payments. Source link
Illinois leads the U.S. in creating first Bitcoin Reserve
Illinois may soon become the first U.S. state to hold Bitcoin in its fiscal reserves if lawmakers approve the Strategic Bitcoin Reserve proposal referred to Rules Committee by John Cabello. On Jan. 29, the Bitcoin Strategic Bill was referred to the Rules Committee to establish regulations and fast-track its approval process. Illinois State Rep. John Cabello […]
Tesla reports $600M Bitcoin gain in Q4 using new accounting rule
Tesla has used a new crypto accounting rule to book a nearly $600 million net gain on its Bitcoin holdings in the fourth quarter of 2024. Source link
Robinhood hints at futures trading in Bitcoin
Robinhood is expanding its trading offerings with the launch of futures trading for Bitcoin. The company teased the upcoming feature on X, stating it is “coming soon,” alongside an update on its website confirming the expansion. “Futures trading with our new intuitive trading ladder is coming soon to Robinhood,” the company posted. The move marks […]
Texas Lt. Governor announces ‘Bitcoin Reserve’ as priority bill for 2025
Texas Lieutenant Governor Dan Patrick revealed that establishing a Bitcoin reserve in the state will be among 2025’s legislative priorities. Source link
Bitcoin rallies to $104.7K after Fed FOMC ‘nothing burger’ lines up with market expectations
Bitcoin futures traders liquidated shorts after today’s Fed FOMC comments aligned with the market consensus. Source link
Texas Lieutenant Governor proposes Bitcoin reserve for 2025
Texas Lieutenant Governor Dan Patrick has announced plans to establish a “Texas Bitcoin Reserve” as part of his top legislative priorities for the 2025 session. The proposal underscores Texas’ ongoing push to integrate Bitcoin (BTC) into its financial strategy and reinforce its status as a blockchain-friendly state. “Over the last four years, the Texas Senate […]
CME to launch options on Bitcoin “Friday” futures
The US futures exchange will offer retail-friendly, cash-settled tools for managing risk tied to Bitcoin’s volatility. Source link
