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Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions

Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and…

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MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase

MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a…

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Bahamas Enacts Digital Assets and Registered Exchanges Act

The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024…

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Robert Kiyosaki Urges Investors to Save Bitcoin as Smart Money, Highlighting Trump’s BTC Endorsement

Rich Dad Poor Dad author Robert Kiyosaki has urged investors to save bitcoin instead of fiat currencies, which he calls “fake money.” He criticized the historical decision to take the…

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US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve

U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance…

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Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation.…

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Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders

A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024, have been apprehended. The suspects, aged 14 to 39,…

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Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years

Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth…

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21shares Announces Chainlink Integration for Real-Time Ethereum Reserve Verification

21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core Ethereum exchange-traded fund (ETF), also known as CETH. The crypto…

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Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050

Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin…

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