Bitcoin has set a new all-time high above $124,000 USD, reclaiming attention despite modest daily gains of just 0.17%. Ethereum continues its stellar month, sitting less than 2% away from breaking its previous all-time high after nearly four years. The broader crypto market is thriving with double-digit weekly gains acrossContinue Reading
Blue Origin, Jeff Bezos’s space exploration company, has partnered with Shift4 Payments to accept crypto payments for its suborbital flights. Customers can now purchase New Shepard tickets using cryptocurrencies like Bitcoin, Ethereum, and Solana, as well as stablecoins like USDT and USDC. This move is driven by the belief thatContinue Reading
A luxury Fannie Bay home in the Northern Territory is listed for $2.85 million or the Bitcoin equivalent. About 20% of Australians own cryptocurrency, with the market valued between $50 billion and $70 billion. Internationally, places like Dubai have clear crypto real estate laws, enabling Bitcoin and stablecoin property purchases.Continue Reading
The new law allows banks with over US$50 million capital to offer cryptocurrency services. It targets “sophisticated investors” holding more than US$250,000 in liquid assets, including Bitcoin. Licensed institutions can hold Bitcoin, issue tokens, and create regulated crypto-linked investment products. El Salvador’s National Assembly has passed the Investment Banking Law,Continue Reading
Parataxis Holdings will go public and acquire South Korea’s Bridge Biotherapeutics, rebranding it as Parataxis Korea to establish a direct presence in the Korean market. The company plans to build a US$640 million Bitcoin treasury, positioning itself as a major institutional BTC holder targeting both US and Korean investors. TrumpContinue Reading
A dormant Bitcoin whale has moved 3,000 BTC, worth over US$349 million, after the coins were untouched for a decade. The coins were transferred from 30 legacy addresses into new wallets, with the identity of the owner remaining unknown. This recent activity is part of a trend of large, long-dormantContinue Reading
After briefly soaring to a peak of $123k USD ($189k AUD) in July, Bitcoin has slid back by around 7-8%, now stabilising between $113k and $115k USD. A Glassnode analysis suggests Bitcoin is encountering a tough barrier near $116k USD, where several recent investors are sitting at a loss. RecentContinue Reading
Bitcoin advocates have met with Indonesian officials, including Vice President Gibran Rakabuming Raka, to propose creating a national Bitcoin reserve. The proposal suggests using Bitcoin mining as a sovereign strategy to promote long-term economic stability by leveraging the country’s abundant geothermal and hydroelectric energy. The presentation emphasised the need forContinue Reading
Galaxy Digital CEO Mike Novogratz believes the trend of companies adding Bitcoin to their treasury reserves has reached its peak with fewer new entrants expected. The firm recently executed one of the largest Bitcoin sales in history, selling 80,000 BTC on behalf of an anonymous client to institutional buyers. Meanwhile,Continue Reading
After a 12-year quest, James Howells has abandoned his attempt to recover a hard drive with 8,000 Bitcoin from a Newport landfill. His repeated legal bids and proposals, including an offer to buy the landfill, were blocked by the Newport City Council and ultimately rejected by the UK Court ofContinue Reading