A solo Bitcoin miner struck it rich on September 7, successfully mining block #913,593 and earning a reward of 3.13 BTC, worth US$347,980. The miner, operating with a hash rate of 200 TH/s on the CKPool platform, had a chance of success of about 1 in 36,000 per day, orContinue Reading
Michael Saylor’s Strategy purchased 1,955 Bitcoin for US$217.4 million at an average price of US$111,196 per coin, maintaining their aggressive accumulation strategy. Metaplanet’s CEO Simon Gerovich announced the acquisition of another 136 Bitcoin worth US$15.2 million, bringing their total holdings to 20,136 BTC. Hong Kong crypto exchange Hashkey launched “Asia’sContinue Reading
President Kassym-Jomart Tokayev announced Kazakhstan’s Strategic Bitcoin Reserve initiative, creating a state fund for digital assets managed by the National Bank’s investment arm. The country is simultaneously rolling out the digital tenge CBDC, already piloted for VAT refunds and infrastructure payments, with full scale-up planned by year-end. A US$1 billionContinue Reading
Bitcoin has reclaimed the US$110k mark after last week’s dip below US$108k, trading in a narrow range since hitting an all-time high of US$124,457 on 14 August. Markets are fully pricing in a Federal Reserve rate cut on September 17, with most expecting a 25-basis-point reduction despite concerns that muchContinue Reading
Asian crypto fund Sora Ventures is establishing a US$1 billion Bitcoin treasury fund with the goal of accumulating the full amount within six months. The fund has already secured US$200 million in anchor commitments from regional institutions and is designed to support existing firms with Bitcoin treasuries and to seedContinue Reading
Crypto assets held in Australian Self-Managed Super Funds (SMSFs) decreased by 4% to $3.02 billion in the year leading up to June 2025, despite a broad crypto market rally and Bitcoin’s new all-time high. This decline occurred even as major exchanges like Coinbase and OKX are actively targeting Australia’s superannuationContinue Reading
Bitcoin is emerging as a recognised asset class, adopted by institutions and governments. Liquidity, rates, and retirement fund inflows fuel long-term BTC demand. Altcoins must outperform Bitcoin or risk being dead weight in a portfolio. The latest Tapping Into Crypto episode featured Ben Simpson, CEO of Collective Shift, who sharedContinue Reading
A new Hollywood conspiracy thriller, “Killing Satoshi”, is set to explore the mystery of Bitcoin’s creator, with Casey Affleck and Pete Davidson in leading roles. The film, which will be directed by Doug Liman of The Bourne Identity fame, is described as a “David and Goliath” story challenging the foundationsContinue Reading
Japanese firm Metaplanet has received shareholder approval to restructure its capital, a move designed to raise up to US$3.7 billion in new funding to expand its Bitcoin holdings. The new capital structure includes a dual-class preferred stock system, with Class A shares for fixed dividends and Class B shares convertibleContinue Reading
Bitcoin has declined 13% from its all-time high of US$123,640 (AU$188,620) and is currently trading near US$108,969 (AU$166,280). Analysts suggest that a potential cyclical floor for Bitcoin could form between US$93,000 and US$95,000 (AU$141,983–AU$145,037). Institutional accumulation remains robust, with corporate treasuries steadily increasing their holdings of Bitcoin and Ethereum. BitcoinContinue Reading