Bitcoin News (BTC)

Abu Dhabi Wealth Fund Makes $436 Million Bitcoin ETF Investment, Sparking Global Adoption Race

Abu Dhabi's sovereign wealth fund invested $436 million in BlackRock's spot Bitcoin ETF during Q4 2023. U.S. spot bitcoin ETFs have accumulated over $100 billion...

Bitcoin-Friendly El Salvador Eyes Closer US Banking Ties Under Potential Trump Presidency

El salvador's crypto firms anticipate improved US banking relations under a potential Trump administration. Current banking restrictions have limited crypto companies' access to traditional financial...

El Salvador Rolls Back Bitcoin Legal Tender Status Amid IMF Deal

El salvador has modified its Bitcoin legislation, removing the requirement for BTC to be accepted as payment for taxes. Merchants are no longer legally required...

Wisconsin Pension Fund Doubles Down on Bitcoin, Now Holds $588M in ETF Exposure

Wisconsin's investment board doubled its Bitcoin ETF holdings to 6 million shares valued at $321 million by end of 2023. Current market value of Wisconsin's...

Palantir Outshines Bitcoin with 353% Return in 2024, Leading Risk-Adjusted Performance

Bitcoin delivered a 114% return in 2024, outperforming traditional assets but falling behind specific tech stocks like Palantir and NVIDIA. Palantir emerged as 2024's risk-adjusted...

Michigan Legislators Propose Bill to Create State Bitcoin Reserve and Lending Program

Michigan joins 19 other states in proposing legislation for state-level Bitcoin reserves. House Bill 4087 aims to modify the state's Management and Budget Act to...

Goldman Sachs Makes $2 Billion Bitcoin and Ethereum ETF Purchase Amid Crypto Market Rally

Goldman Sachs has acquired approximately $2 billion worth of Bitcoin and Ethereum ETFs, with bitcoin holdings reaching $1.5 billion. Bitcoin Price maintains position near $100,000,...

Japanese Bitcoin Firm Metaplanet Set to Join MSCI Japan Index, Raises $26M in Bonds

Japanese Bitcoin acquirer Metaplanet will join the MSCI Japan index, enhancing its global market visibility. The inclusion takes effect on February 28, positioning Metaplanet as...

Latest news

Tether Sets Two-Week Deadline for $500B Fundraise

Tether is reportedly giving investors a two-week deadline to commit to a $500 billion valuation round, or risk postponement.The...

Ethereum Foundation Nears 70K ETH Staking Goal After Latest $92M Batch

The Ethereum Foundation staked over 45,000 ETH, worth more than $92 million, on Friday.This action brings its total staked...

Dmail Network Shuts Down After Five-Year Decentralized Run

Decentralized email platform Dmail Network will officially begin ceasing its services on May 15 after five years.The team attributes...