IBIT’s Bitcoin Holdings Surpass 500,000 BTC Mark
by IBIT, a prominent player in the cryptocurrency space, has crossed a significant milestone by accumulating more than 500,000 BTC in its reserves. This achievement places …
Tag: Bitcoin
Bitcoin holders shift strategy as exchange balances drop
Bitcoin balances on cryptocurrency exchanges have reached a strikingly low level of 2.27 million BTC, the lowest since December 3, 2023. This trend underscores a …
Bitcoin mining difficulty reaches a historic milestone
Bitcoin’s mining difficulty has surged to an unprecedented level, reflecting the cryptocurrency’s growing computational demands and network security enhancements. The metric, which determines the effort …
MicroStrategy Increases Bitcoin Holdings to Record Levels
MicroStrategy has solidified its position as the leading corporate holder of Bitcoin with a monumental acquisition. The company added 55,500 Bitcoin to its reserves for …
Bitcoin ETFs Record Unprecedented $6.2 Billion Inflows
Spot Bitcoin ETFs in the United States set a new benchmark, attracting $6.2 billion in November, surpassing the previous record of $6 billion set in …
Brazil Considers Bitcoin Reserve to Diversify Holdings
Brazil’s Chamber of Deputies is deliberating a legislative proposal aimed at incorporating Bitcoin into the country’s foreign reserve portfolio. This groundbreaking move seeks to allocate …
Suriname Leader Proposes Bitcoin to Replace National Currency
Suriname’s presidential candidate Maya Parbhoe has unveiled a groundbreaking strategy to transform the nation’s financial system by adopting Bitcoin as its primary currency, seeking to …
El Salvador Eyes Expanding Volcano-Powered Bitcoin Mining Operations
El Salvador’s pioneering embrace of cryptocurrency has taken another bold step, with President Nayib Bukele proposing a plan to rent out the country’s volcanoes for …
Bitcoin Breaks $97,600, Sparking $450M in Liquidations
Bitcoin surged to a new all-time high, surpassing the $97,600 mark, triggering a wave of liquidations worth over $450 million. The spike in value led …
MicroStrategy Joins Top-100 U.S. Firms as Bitcoin Surge Boosts Market Value
MicroStrategy, a business intelligence company, has reached a significant milestone by entering the ranks of the top 100 U.S. public companies based on market capitalization. …