Auto Added by WPeMatico

Binance Bitcoin Reserves Hit Lowest Level in 2024, Possible Indicator of Bullish Reversal

Bitcoin saw a setback after the holidays, losing almost 4% in value over the past day. This latest dip briefly dragged its price under $95.2k on Thursday. In fact, following…

Continue ReadingBinance Bitcoin Reserves Hit Lowest Level in 2024, Possible Indicator of Bullish Reversal

Russian Firms Embrace Bitcoin for Global Trade Amid Western Sanctions

Russian Finance Minister Anton Siluanov revealed on Wednesday that domestic firms are now utilizing Bitcoin and other digital assets for international payments, which is enabled by recent legislative adjustments designed…

Continue ReadingRussian Firms Embrace Bitcoin for Global Trade Amid Western Sanctions

Matador Technologies Adds Bitcoin to Treasury Amid Diversification Push

Canadian crypto firm Matador Technologies announced a major shift in its capital preservation strategy this week after its Board of Directors unanimously approved the addition of Bitcoin and USD-denominated assets…

Continue ReadingMatador Technologies Adds Bitcoin to Treasury Amid Diversification Push

Bank of Italy Calls Bitcoin P2P Services ‘Crime-as-a-Service’ Amidst Growing Acceptance

While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far…

Continue ReadingBank of Italy Calls Bitcoin P2P Services ‘Crime-as-a-Service’ Amidst Growing Acceptance