The U.S. Bitcoin mining industry has generated over 31,000 jobs and contributed more than $4.1 billion in gross product annually. According to a report by The Perryman Group, most of the industry is concentrated in […]
In a weekend exchange on X, Elon Musk was nudged to extend his cost-cutting Department of Government Efficiency (DOGE) to one of the most heavily guarded sites in the United States: Fort Knox, the US […]
Strategy, formerly known as MicroStrategy, has made a strong entry into the market with its Strike Preferred Stock (STRK). Within two weeks of its launch, STRK has become the best-performing and most liquid perpetual security […]
The last 24 hours have been relatively quiet for Bitcoin (BTC) and some of the large-cap altcoins. The primary cryptocurrency has shown very slight volatility, trading at almost the same level observed yesterday (February 15). […]
Michael Saylor, the co-founder of MicroStrategy (now rebranded to Strategy) and a Bitcoin advocate, recently convened a meeting with President Nayib Bukele of El Salvador to deliberate on strategies for promoting the adoption of Bitcoin […]
Over $2.5 billion worth of Bitcoin and Ethereum options contracts are set to expire this Friday. Moreover, markets are still reeling from US economic data this week, including CPI and PPI, but can the derivatives’ […]
A new legislative proposal in Michigan seeks to create a Bitcoin reserve as part of the state’s financial strategy. On February 13, Representatives Bryan Posthumus and Ron Robinson put forward HB 4087, a bill designed […]
Historically dubious of cryptocurrencies, the US Federal Reserve could be starting to show early signs of becoming more receptive to Bitcoin and digital assets. Recent remarks from key Fed officials point to a change in […]
Currently, 20 US states have active proposals to create their own Bitcoin Reserve, several of which are advancing. These bills contain legal obligations to purchase $23 billion in Bitcoin, which would fuel huge demand. These […]
If state-level strategic Bitcoin reserve bills are enacted, “they could drive $23 billion in buying or 247,000 BTC,” said VanEck’s dead of digital assets research, Matthew Sigel, on Feb. 12. “This sum is independent of […]
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