Core Foundation, a Bitcoin scaling solution, has joined forces with digital asset custodian Hex Trust to offer institutional clients in the Asia-Pacific (APAC) and MENA regions a new way to earn returns on their Bitcoin. This partnership combines Core’s “dual staking technology” with Hex Trust’s secure, regulated custody services. The collaboration allows institutions to stake … Read more
According to a new analysis from Bernstein, the recent all-time high for Bitcoin is just the beginning of a sustained rally. The firm projects that the cryptocurrency could surge to $200,000 within the next year, driven by a new era of U.S. crypto adoption and supportive regulatory policies. Bernstein’s digital assets team, led by Gautam … Read more
Strategy (MSTR), the Bitcoin-focused firm led by Michael Saylor, has seen its stock price fall to its lowest point in nearly four months. This 8% decline coincides with a broader crypto market downturn and an 8.6% drop in Bitcoin’s price since its recent all-time high. The drop also follows Saylor’s announcement that the company is … Read more
Netherlands-based crypto services company Amdax has announced plans to launch a new firm, AMBTS B.V. (AMBTS), focused exclusively on Bitcoin accumulation and treasury management. The company aims to take AMBTS public on Euronext Amsterdam. The primary objective of AMBTS is to acquire and manage a significant amount of Bitcoin, with an ambitious long-term target of … Read more
The social media platform X, formerly known as Twitter, is making a major move into cryptocurrency by allowing all 500 million of its users to send and receive Bitcoin directly on the platform. This new feature is made possible through a collaboration with BitBit, a self-custodial social wallet, and Spark, a fast and efficient Layer … Read more
Metaplanet, a prominent Japanese company, has once again increased its Bitcoin holdings, acquiring an additional 775 BTC. This latest purchase brings its total reserve to 18,888 BTC, valued at approximately $2.18 billion. The company’s strategy, which began last year, is to use Bitcoin as a treasury reserve, mirroring the approach of U.S. firms like MicroStrategy. … Read more
Taiwan-listed electronics manufacturer WiseLink has become the first company in the country to officially adopt a Bitcoin treasury strategy. This move highlights a growing trend among Asian companies to integrate digital assets into their corporate reserves for diversification and strategic growth. WiseLink’s commitment began with a $10 million investment in Top Win International Limited through … Read more
Recent market volatility has seen the total crypto market cap drop by approximately $220 billion since August 14, with Bitcoin (BTC) and Ethereum (ETH) experiencing significant outflows. While Bitcoin’s market cap loss was larger in dollar terms, Ethereum took a harder hit in percentage terms, dropping 8% compared to Bitcoin’s 5%. This indicates that Ethereum … Read more
Recent market rallies have intensified the debate over whether Bitcoin can challenge gold’s position as the world’s leading store of value. With a market capitalization of $2.34 trillion, Bitcoin currently stands at about 10.09% of gold’s massive $23.22 trillion market cap. Analysts predict that for Bitcoin to overtake gold, its price would need to soar … Read more
As of January 2025, governments across the globe collectively hold around 471,000 Bitcoin (BTC), valued at over $16.37 billion. This represents 2.5% of the total Bitcoin supply. Governments are acquiring these assets through criminal seizures, strategic purchases, and even public donations, recognizing Bitcoin’s potential as both a financial asset and a tool for economic modernization. … Read more