The Shiba Inu (SHIB) price has been experiencing a significant surge, closely tracking the broader cryptocurrency market’s bullish momentum, particularly driven by Bitcoin’s recent rally above $106,000. Key Resistance at $0.00003 Currently trading around $0.00002747, SHIB is approaching a crucial resistance level at $0.00003. A successful breach of this level could significantly bolster the coin’s … Read more
Metaplanet Inc., often dubbed “Japan’s MicroStrategy,” has issued ¥4.5 billion (approximately $30 million) in zero-interest bonds to accelerate its Bitcoin acquisition strategy. This move solidifies the company’s position as a major player in the corporate Bitcoin space and has significantly boosted investor confidence. Funding Bitcoin Purchases Through Bond Issuance The issuance marks Metaplanet’s fourth series … Read more
State Representative Brett Merrin has introduced legislation in Ohio that would allow the state treasurer to invest in Bitcoin. The “Ohio Bitcoin Reserve Act” aims to diversify the state’s investment portfolio and protect its finances from the devaluation of the U.S. dollar. The bill, which would amend existing state law, grants the state treasurer discretion … Read more
A growing number of nations are considering the establishment of national Bitcoin reserves, and Japan may soon join this trend. Lawmaker Satoshi Hamada recently proposed the idea to the Japanese House of Councillors, suggesting the “conversion of part of the country’s foreign exchange reserves into cryptocurrencies such as Bitcoin.” Hamada emphasized that such a move could revitalize … Read more
GreenpeaceUSA has quietly ended its “Change the Code” campaign, an initiative aimed at mitigating the environmental impact of cryptocurrency mining. According to researcher Daniel Batten, the campaign effectively ceased in early 2024, with official accounts falling dormant. No other Greenpeace branch publicly supported the effort, and its key leader, Josh Archer, departed the organization to … Read more
In a move that is set to reshape how businesses handle their cryptocurrency holdings, the U.S. Financial Accounting Standards Board (FASB) has introduced an update to accounting rules, allowing companies to measure their Bitcoin holdings at current market prices. Starting in 2025, this change is expected to make financial reporting more accurate and transparent, potentially … Read more
Michael Saylor, the former CEO of MicroStrategy, recently suggested that Marathon Digital Holdings (MARA) could be the next Bitcoin-related company to join the Nasdaq 100. This has sparked speculation about a potential partnership between the two Bitcoin-focused companies. MicroStrategy, known for its massive Bitcoin holdings, has accumulated over 423,000 BTC since 2020, making it a … Read more
Michael Saylor, the CEO of MicroStrategy, has hinted that the company may have purchased more Bitcoin over the weekend, marking its first acquisition with an average purchase price exceeding $100,000. In a recent post on X, Saylor cryptically asked if the SaylorTracker, which monitors MicroStrategy’s Bitcoin holdings, was “missing a green dot.” This has become … Read more
Bitcoin (BTC) rallied significantly today, reaching a new all-time high of $106,554, driven by growing speculation about its potential adoption as a U.S. reserve asset. This marks a substantial increase from its previous high of $104,000 set on December 5th. Reserve Asset Speculation Fuels Rally The surge comes after Strike CEO Jack Mallers suggested that … Read more
Bitcoin crossing the $100,000 mark is a global headline, but nowhere is it more celebrated than in Singapore. The city-state, renowned for its wealth and tech-forward mindset, has been years ahead of the curve in embracing cryptocurrencies. This wasn’t by chance. A well-planned mix of robust infrastructure, clear regulations, and attractive incentives transformed Singapore into … Read more