As Kamala Harris and Donald Trump prepare for their 2024 presidential campaigns, Bitcoin (BTC/USD) is currently trading at $66,440, up 0.72%. U.S. Vice President Kamala Harris launched her White House campaign with a sharp critique of Donald Trump, positioning the election as a choice between her prosecutorial background and Trump’s criminal record. Addressing 3,000 supporters...
Riot Platforms acquired Block Mining on July 24 for $92.5 million, greatly expanding its operational capacity and geographical footprint. According to a recent press release by Riot Platforms, the purchase was funded with $18.5 million in cash and $74 million in common stock. Block Mining can earn up to $32.5 million by 2025, contingent on...
Bitcoin “superlayer” protocol BitcoinOS has now verified the first zero-knowledge proof (ZKP) on Bitcoin, executing what most in the industry once thought couldn’t be done on the oldest blockchain network. BitcoinOS Brings ZK Proofs And Rollups To Bitcoin This achievement, performed at Block 853626 on Tuesday, marks a significant step forward in scaling and enhancing...
Pro-crypto Republican Senator Cynthia Lummis is preparing to unveil new legislation that would establish Bitcoin as a mainstream financial asset. Lummis has been discreetly working on a bill that would mandate the Federal Reserve to hold Bitcoin as a strategic reserve asset, Fox Business reported, citing three crypto executives familiar with the matter. Insiders suggest...
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, struggled to maintain its early-day gains, falling to around $64,020, with an intra-day low of $63,904. It briefly touched $67,000 in the morning but couldn’t sustain it, dropping below $64,000. This decline is influenced by ongoing Mt. Gox repayments to creditors, which are increasing market supply...
Franklin Templeton and SBI Holdings are collaborating to launch a spot Bitcoin exchange-traded fund (ETF) in Japan. According to a recent report by Nikkei, SBI and Franklin Templeton will establish a new digital asset management company to prepare for the introduction of cryptocurrency ETFs in Japan, focusing initially on Bitcoin ETFs. New Joint Company to...
The BTC/USD is trading with a slight bullish bias at $66,274, reflecting a nearly 0.75% surge, signifying the potential for a bullish Bitcoin price prediction. According to the report published by Vaneck, Bitcoin (BTC) could become a key global medium of exchange and a significant reserve currency by 2050. This potential stems from the anticipated...
The municipal pension plan of Jersey City, New Jersey, is set to venture into the realm of Bitcoin through exchange-traded funds (ETFs). In a recent post on X, Mayor Steven Fulop revealed plans to allocate part of the city’s pension fund to crypto ETFs. Fulop, a prominent figure in Jersey City politics since 2013, emphasized...
Japanese investment giant Metaplanet has signed a memorandum of understanding with Bitcoin Magazine to expand the magazine’s reach in Japan. Announced Friday, Metaplanet has acquired the exclusive rights of Bitcoin Magazine Japan, through the MoU. The announcement came during the iconic Bitcoin Conference in Nashville, Tennessee, which would witness Donald Trump’s keynote on July 27....
Bitcoin (BTC), the leading cryptocurrency, has halted its recent bearish trend, regaining bullish traction and trading above the $67,000 level. This positive momentum has driven Bitcoin to an intraday high of $67,340. The strong price movement reflects growing market interest and bullish sentiment, further supported by a 5% increase in the last 24 hours. Marathon...