Bhutan Government Sells $33M BTC Through Binance
Bhutan’s government recently moved 367 Bitcoin ($33M) to Binance, likely for profit, following a $66M sale two weeks earlier. With the intention of selling off some of its Bitcoin assets, the government of Bhutan transferred some of its holdings to the Binance market. Taking this action comes in the midst of the recent meteoric rise […]
Peter Schiff Says Bitcoin Can Fix Social Security
Peter Schiff proposed that Social Security sell $2.7 trillion in Treasuries for Bitcoin, potentially covering future shortfalls if Bitcoin reaches $20 million. Peter Schiff, a longtime critic of Bitcoin, recently proposed an odd idea that suggests Bitcoin could be the key to addressing the issue of Social Security funding in the United States, the Social […]
Genius Group to Buy $120M in Bitcoin, Make BTC Its Main Treasury Asset
Genius Group adopts a “bitcoin-first” strategy, making Bitcoin its primary treasury asset after adding blockchain and Web3 experts to its board. Genius Group to Buy Bitcoin Genius Group, an AI-powered education and acceleration organization, has elected to implement a “bitcoin-first” approach, designating bitcoin as its primary treasury asset. After the company reorganized its board and […]
Supply Shock Drives Bitcoin Price Surge, Experts Say
Experts argue that while a Bitcoin-friendly U.S. administration may have contributed, the main driver behind Bitcoin‘s recent price surge is the supply shock caused by the halving event. The recent price increase of Bitcoin is not primarily attributed to Donald Trump‘s election victory in the United States. This increase was attributed to a Bitcoin-friendly administration, […]
Metaplanet Reports $28M Bitcoin Holding, Shares Drop
Tokyo-based Metaplanet reported a $28 million increase in Bitcoin holdings, now totaling 1,018.17 BTC, surpassing its market cap from early 2024. Metaplanet Reports Bitcoin Holding Metaplanet disclosed on Monday that its Bitcoin holdings have increased by $28 million since it began purchasing the asset, surpassing the company’s market capitalization at the beginning of the year. […]