Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressure
[Nov 5, 2024 11:40 AM] More than $9.4 billion worth of Bitcoin was owed to about 127,000 Mt. Gox creditors for over 10 years.
2 / 4 Relevant items tagged with #BitcoinAdoption
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Financial institutions want Bitcoin and ETFs: Blockstream’s Adam Back
[Nov 1, 2024 2:32 PM] Back was an early Bitcoin developer and the first person to receive an email from pseudonymous Bitcoin creator Satoshi Nakamoto.
Crypto surges in Eastern Europe: DeFi drives 33% of transactions
[Nov 1, 2024 9:27 AM] Eastern Europe has become the fourth-largest cryptocurrency market in the world, accounting for over 11% of the total crypto value received worldwide.
Bitcoin at 16: From experiment to trillion-dollar asset
[Oct 31, 2024 11:25 AM] In just 16 years, Bitcoin has grown to become the world’s 10th largest asset and the best currency for “financial freedom,” according to Tether CEO, Paolo Ardoino.
Stacks Asia partners with HEX Trust for $180B Bitcoin DeFi opportunity
[Oct 29, 2024 3:10 PM] The partnership could enhance the “financial utility of Bitcoin for our institutional clients,” wrote Calvin Shen, the chief commercial officer at Hex Trust.
Bhutan gov’t sells $66M of Bitcoin stash as price tops $71K
[Oct 29, 2024 11:36 AM] Bhutan holds another $886 million worth of Bitcoin, which could introduce more selling pressure, as the country has been mining and holding Bitcoin for over five years.
Emory University holds $15M in Bitcoin ETFs: Filing
[Oct 28, 2024 5:24 PM] It’s the first United States university endowment to report holding Bitcoin ETFs, according to Bloomberg.
Bitcoin stuck under $67K despite rising demand from retail, institutions
[Oct 23, 2024 12:59 PM] Despite increasing interest from institutional and retail investors, the Bitcoin price has been unable to rise above the $70,000 psychological mark since July 29.
MicroStrategy shares soar 1,540% since 2020, outperforming S&P 500
[Oct 16, 2024 11:45 AM] MicroStrategy is up over 1,500% since 2020, while the S&P 500 index rose just over 111% during the same four-year period.
Over 90% of Salvadorans don’t transact with Bitcoin: Survey
[Oct 16, 2024 4:34 AM] Salvadorans have expressed approval of President Nayib Bukele, but they’ve not exactly warmed to his adoption of Bitcoin as legal tender.
Trump leads Harris, but POTUS won’t matter for Bitcoin: BlackRock’s Fink
[Oct 15, 2024 1:32 PM] As Trump extends his lead over Harris in the prediction markets, BlackRock CEO Larry Fink said it doesn’t matter to Bitcoin who occupies the White House.
Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings
[Oct 15, 2024 5:30 AM] In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm…
Bitcoin to have ‘crazy decade’ as global wealth managers dive in
[Oct 11, 2024 1:15 PM] Cointelegraph spoke with Riot Platforms’ Pierre Rochard and Metaplanet’s Dylan LeClaire at the Bitcoin Amsterdam 2024 conference.
Bitcoin ETF options expected by Q1 2025: Bloomberg analyst
[Oct 9, 2024 7:43 PM] Options on Bitcoin ETFs could speed up adoption among financial advisers, James Seyffart said at Permissionless.
CORVA: Want Greater Adoption Of Bitcoin? Use It To Fix Problems.
[Oct 5, 2024 12:18 AM] Follow Frank on X. Bitcoin will not become more widely adopted as a result of intellectual curiosity or because it’s theoretically the best form of money ever. Instead, people will begin to use it because it solves pressing problems in their…
61 New Bitcoin Addresses Holding 1,000 to 10,000 BTC Emerge in 2024
[Sep 30, 2024 5:40 PM] Recent data reveals that bitcoin wallets holding between 0.1 and 1 BTC have grown by an impressive 9,563 since the year began. Meanwhile, the number of crab wallets containing 1 to 10 BTC has shrunk by 7,783. Bitcoin dolphins, sharks, and whales…
Bukele advisers said BTC adoption was ‘complete PR move’ — TIME reporter
[Sep 12, 2024 8:27 PM] According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to “change the narrative” on the country’s international perception.
Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO
[Sep 11, 2024 6:25 AM] Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated.
Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
[Sep 9, 2024 6:06 AM] Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of onchain tools are needed for wider ETF adoption.
El Salvador marks 3 years of Bitcoin adoption with $31M profit
[Sep 7, 2024 12:06 PM] Despite widespread initial criticism, El Salvador is sitting on over $31 million worth of Bitcoin profit.
Binance-backed Bitcoin DeFi protocol Zest launches yield-bearing BTCz token
[Sep 5, 2024 2:00 PM] The Bitcoin halving has catalyzed a wave of interest in creating DeFi capabilities for Bitcoin, the world’s first blockchain network.
A Vision for Bitcoin Mass Adoption by Mark Zalan, CEO of GoMining
[Aug 30, 2024 12:45 PM] Since its inception in 2009, Bitcoin has evolved from a niche concept into a driving force within global financial markets. This remarkable transformation is anchored by two key pillars: a utility-driven ecosystem that offers innovative solutions…
‘Bitcoin hasn’t had the widespread adoption we hoped for’ — Nayib Bukele
[Aug 29, 2024 7:29 PM] The El Salvador President seemed to embrace the ”authoritarian” label while admitting the country had not seen as many benefits from Bitcoin as he anticipated.
Bitcoin holdings of publicly listed firms increased to $20B in one year: Data
[Aug 28, 2024 12:55 PM] A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset.
NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes
[Aug 16, 2024 4:44 PM] Activity keeps heating up around Bitcoin and Ether ETF options.
Institutional adoption of Bitcoin ETFs surges 27% in Q2
[Aug 16, 2024 11:09 AM] Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs.
Crypto.com becomes official UEFA Champions League partner
[Aug 14, 2024 9:43 AM] Connecting with sports fans has accounted for at least 100 million new users on Crypto.com, according to the firm’s CMO.
Wen Lambo? Lamborghini answers with new Animoca Web3 partnership
[Aug 8, 2024 12:25 PM] Increasingly more industries are adopting blockchain technology to grow their brand awareness, including luxury car makers.
Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst
[Aug 2, 2024 5:00 PM] Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices…
Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate
[Jul 31, 2024 9:46 PM] The pro-crypto Wyoming senator hopes the United States will purchase 5% of Bitcoin's total supply as a strategic reserve asset.