Bitcoin

The Royal Government of Bhutan has officially surpassed $1 billion in Bitcoin holdings, cementing its position as one of the most significant state-backed Bitcoin holders. According to new on-chain data from blockchain analysis firm Arkham Intelligence, Bhutan’s Bitcoin portfolio has grown substantially, bolstered by the cryptocurrency’s recent bull run. Bhutan has been steadily accumulating Bitcoin … Read more

On Wednesday, November 6, Bitcoin reached new all-time highs (ATH), surpassing $75,000 and approaching the long-awaited bull run in the cryptocurrency market. By the end of last week, Bitcoin closed with a remarkable performance of +16.8%, fueled by the political victory of Donald Trump in the U.S. elections. As of today, Bitcoin is trading above … Read more

As the global economy faces inflationary pressures, with the average inflation rate for 2023 sitting at 5.69%, many people are questioning the effectiveness of traditional financial systems. Inflation erodes the purchasing power of currencies, driving up prices and impacting the quality of life for consumers. But inflationary pressure and the associated challenges pale in comparison … Read more

In a recent interview with DealBook’s Andrew Ross Sorkin, Tim Cook, CEO of Apple Inc., shared that he had been personally invested in Bitcoin for about three years. However, Cook emphasized that his interest in Bitcoin was personal and that Apple, the company he leads, had no immediate plans to incorporate cryptocurrency into its operations … Read more