Missouri introduces bill to establish Bitcoin reserve
Missouri is joining the trend of states embracing Bitcoin by introducing its own Bitcoin reserve bill, known as House Bill 1217. Missouri Representative Ben Keathley introduced the bill, seeking to establish a Bitcoin Strategic Reserve Fund that would allow the state treasurer to invest in and hold Bitcoin. The bill, filed on February 6, positions […]
Bitcoin could reach new highs in Q1 despite sluggish jobs print: Grayscale Research
The market has already priced in less accommodating interest rate policy, and legislative tailwinds could aid Bitcoin’s performance. Source link
CleanSpark reports 120% revenue surge as Bitcoin marginal cost improves
CleanSpark’s Bitcoin treasury strategy is paying off; the company held 10,556 in self-mined BTC at the end of 2024. Source link
Bitcoin tags $100K despite warning Fed rate cut pause 'here to stay'
Bitcoin decides that bad news is good news as a mixed US employment outlook sends BTC price action back to six figures. Source link
BlackRock boosts stake in Strategy stock to 5% amid Bitcoin push
BlackRock has raised its stake in Strategy (formerly MicroStrategy) to 5%, according to a Feb. 6 filing with the U.S. Securities and Exchange Commission. The firm now holds approximately 11.2 million shares, up from 4.09% in September 2024. Following the disclosure, Strategy’s stock rose 2.8% in pre-market trading, reaching $331.90 per share. Strategy remains the […]
Binance CEO highlights institutional role in driving Bitcoin adoption
Binance CEO Richard Teng emphasized the role of institutional investors and evolving regulations in making crypto an essential part of the financial system. Source link
Kentucky joins growing list of US states to introduce Bitcoin reserve bill
Kentucky’s bill is a “massive vote of confidence in Bitcoin” that brings the US closer to a federal Bitcoin reserve. Source link
Bitcoin Will Beat Gold by 2030, Reaching a $1M
While gold hits a record price at $2,848 per ounce, more and more financial experts and professionals voice their preference for Bitcoin over gold. In a commentary to Livewire Markets, CEO and founder of the Nasdaq-listed tech company IREN Daniel Roberts said Bitcoin needs to reach at least a $900,000 price to reach gold in […]
Bitcoin miners in Russia worry about sanctions as government starts collecting wallet addresses
Russian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data. Bitcoin (BTC) miners in Russia aren’t thrilled about a new government registry that’s scooping up sensitive data, including crypto wallet addresses, under new rules. If leaked, it could be a “big gift to our geopolitical […]
Bitcoin traders eye 'huge' US jobs data as BTC price risks $95K dip
BTC price strength faces further risks as prediction markets see a giant beat on US January jobs. Source link
