Elon Musk has officially launched a new political movement, the “America Party,” with an explicit endorsement of Bitcoin and a mission to disrupt the entrenched two-party system in the United States. Responding to an X user on Sunday, Musk confirmed that his new party supports Bitcoin. “Fiat is hopeless, so yes,” he wrote, signaling the America … Read more
As the United States accelerates efforts to become the global crypto capital, discussions within the House of Representatives are heating up—particularly around the idea of establishing a strategic Bitcoin reserve. While the initiative signals bold ambitions, it has also ignited a growing debate across the crypto community. Divided Opinions: Should the U.S. Nationalize Companies for … Read more
El Salvador has added eight more Bitcoin to its national reserves over the past week, bringing its total holdings to 6,228.18 BTC, valued at approximately $674 million, according to the country’s National Bitcoin Office. The latest acquisition is part of President Nayib Bukele’s ongoing “one Bitcoin per day” strategy, reaffirming the country’s long-term commitment to … Read more
Marathon Digital, one of the world’s leading Bitcoin mining companies, has announced a significant achievement: its treasury now holds over 50,000 BTC. This milestone underscores the company’s aggressive mining expansion and its strategic commitment to accumulating Bitcoin for long-term value. The company publicly confirmed this achievement, attributing it to their substantial increase in mining power, … Read more
Bitcoin and Ethereum are once again at the forefront of crypto discussions, as social media platforms buzz with renewed excitement and speculation. While many altcoins are posting impressive gains, Bitcoin (BTC) and Ethereum (ETH) continue to lead both in price focus and broader narrative dominance. Bitcoin Captures Attention Near $110K According to data from blockchain … Read more
The International Monetary Fund (IMF) has rejected Pakistan’s proposal to provide subsidized electricity rates for Bitcoin mining operations, according to local media outlet Profit. Despite the setback, Islamabad officials say they are continuing discussions with international bodies to revise the strategy. During a session of the Senate Standing Committee on Energy, Energy Secretary Dr. Fakhray … Read more
Connecticut Governor Ned Lamont has signed into law the “Bitcoin Reserve Ban,” which prohibits state entities from holding or investing in digital assets. Announced on Wednesday, the measure cements Connecticut’s position on restricting cryptocurrency exposure within public sector agencies. The law bars all state government bodies from transacting in or maintaining reserves of cryptocurrencies, including … Read more
Addentax Group Corp., a Nasdaq-listed company, announced on July 2 that it intends to acquire up to 12,000 Bitcoins, a substantial increase from its initial plan of 8,000 BTC. The purchase, worth approximately $1.3 billion, will be settled through newly issued shares of Addentax, rather than cash. According to a non-binding term sheet signed with … Read more
Design software company Figma disclosed in a recent Securities and Exchange Commission (SEC) filing that it holds nearly $70 million worth of shares in Bitcoin exchange-traded funds (ETFs) and has allocated an additional $30 million in stablecoins for future Bitcoin purchases. The filing comes as the company prepares to go public on the New York … Read more
The overall cryptocurrency market experienced a decline over the past 24 hours, with Bitcoin maintaining a steady presence near the $106,000 level as traders take a cautious approach ahead of crucial U.S. economic data releases. Bitcoin (BTC) slipped 1% in the last day, trading at approximately $106,013, while Ether (ETH) fell 2.5% to around $2,423, … Read more