Iran is turning to Bitcoin and Tether as sanctions and a tightening economic blockade make it increasingly difficult for the country to access conventional international financial networks. … [Read more...] about Iran turns to Bitcoin, Tether as sanctions squeeze financial system
Bitcoin breaks above $80,000 as ETF demand fuels crypto rally
Bitcoin climbed above $80,000 for the first time since May, extending a rally that has lifted the cryptocurrency roughly 25% in a week and revived investor appetite for digital assets. … [Read more...] about Bitcoin breaks above $80,000 as ETF demand fuels crypto rally
Bitcoin breaks above $71,000 as short squeeze sends crypto market higher
Bitcoin surged above $71,000 for the first time since June, breaking out of a six-week trading range as a wave of forced buying sent the cryptocurrency sharply higher. … [Read more...] about Bitcoin breaks above $71,000 as short squeeze sends crypto market higher
Strategy reports $8.2 billion second-quarter loss on bitcoin valuation
Strategy Inc. reported a net loss of $8.2 billion for the second quarter, as changes in the market value of its Bitcoin holdings weighed on earnings under fair-value accounting rules. The company, which has transformed itself from an enterprise software provider into the largest corporate holder of Bitcoin, said it continues to view the cryptocurrency as its primary treasury … [Read more...] about Strategy reports $8.2 billion second-quarter loss on bitcoin valuation
MetaMask adds native bitcoin support in major multichain expansion
MetaMask has rolled out native Bitcoin support, allowing users to buy, send, receive, and manage BTC directly within the popular crypto wallet. With the update, Bitcoin can now be held and traded alongside assets on Ethereum, Solana, Monad, and Sei, marking a significant expansion beyond MetaMask’s Ethereum roots. … [Read more...] about MetaMask adds native bitcoin support in major multichain expansion
Texas becomes first U.S. state to purchase bitcoin for strategic reserve
Texas has officially become the first U.S. state to acquire Bitcoin for a government strategic reserve, purchasing $5 million worth of the digital asset on November 20 at roughly $87,000 per BTC. The move was confirmed by Lee Bratcher, president of the Texas Blockchain Council, who said the initial allocation was executed through BlackRock’s iShares Bitcoin Trust (IBIT) while … [Read more...] about Texas becomes first U.S. state to purchase bitcoin for strategic reserve
Texas launches Strategic Bitcoin Reserve
Texas has officially launched its Strategic Bitcoin Reserve , becoming the first U.S. state to commit public funds to Bitcoin with long-term legal protections in place. … [Read more...] about Texas launches Strategic Bitcoin Reserve
Trump Media raises $2.5 billion to build one of the largest corporate bitcoin treasuries
In a landmark move signaling its commitment to cryptocurrency, Trump Media and Technology Group, the operator of Truth Social, Truth+, and Truth.Fi, has announced a private placement offering that will raise approximately $2.5 billion to establish a significant Bitcoin treasury. The deal, one of the largest Bitcoin treasury acquisitions by any public company, underscores Trump … [Read more...] about Trump Media raises $2.5 billion to build one of the largest corporate bitcoin treasuries