$8.4 Million Of Craig Wright’s Assets Frozen By UK Court

May 5, 2024

LONDON, UK, Monday, April 8, 2024 – A United Kingdom court has frozen $8.4 million (6.7 million British pounds) of assets belonging to Craig Wright, a self-proclaimed inventor of Bitcoin. The order, issued on March 14, stems from a legal battle between Wright and the Crypto Open Patent Alliance (COPA). COPA sued Wright in 2019, […]

Alameda Drops Lawsuit Against Grayscale

February 11, 2024

New York, Monday, January 22, 20245- In an unexpected twist in the cryptocurrency market, collapsed hedge fund Alameda Research abandoned its lawsuit against Bitcoin fund manager Grayscale, reports said. This resulted in Grayscale shares rising and igniting concerns about a potential Bitcoin price dive. Alameda and Grayscale were locked in a legal battle over the […]

Amazon Shareholders Push for Bitcoin Investment

December 9, 2024

Catenaa, Monday, December 09, 2024-Amazon shareholders are urging the company to invest 5% of its assets in Bitcoin, highlighting the cryptocurrency’s superior returns compared to corporate bonds and its potential as a hedge against inflation. The proposal, spearheaded by the National Center for Public Policy Research (NCPPR), criticizes the Consumer Price Index (CPI) as an […]

AMP Makes History with Bitcoin Investment, Gains 66%

December 17, 2024

Catenaa, Tuesday, December 17, 2024 – AMP, one of Australia’s largest fund managers, has become the first major fund in the country to invest in Bitcoin, reaping a 66% return on its $27 million purchase earlier this year.  AMP confirmed the Bitcoin buy was made in May when the cryptocurrency was trading around $60,000. With […]

Andreessen Horowitz Sees Crypto Boom in US Under Trump

November 15, 2024

Catenaa, Friday, November 15, 2024-Venture capital giant Andreessen Horowitz (a16z) has expressed optimism for a crypto-friendly regulatory landscape under President-elect Donald Trump’s administration. The firm’s crypto policy team highlighted a promising path toward regulatory clarity, with expectations that Trump’s government will foster innovation, supporting crypto’s growth in the U.S. In a recent note to crypto […]

Argentina Wants a Mandatory Registry for Bitcoin and Crypto Trading

May 8, 2024

Thursday, April 18, 2024 – Argentina’s market regulator, the Comision Nacional de Valores, imposed a new mandatory registry for Bitcoin and crypto trading in March, Forbes reported. The CNV is the regulatory body responsible for overseeing and regulating the securities market in Argentina. It functions similarly to the Securities and Exchange Commission (SEC) in the […]

Asia Surpasses US As Crypto Developing Hub

November 2, 2024

New York, Saturday, November 02, 20240-Asia has overtaken North America as the top destination for crypto developers, with the region now representing 32% of the global talent pool, a significant increase from 13% last year, according to data from Electric Capital.  In contrast, the United States’ share has dropped to 18.8%, marking a 51% decline […]

Avalanche Recovers $52M in AVAX Tokens from Luna Guard

November 11, 2024

New York, Saturday, November 09, 2024- The Avalanche Foundation has repurchased $52 million worth of AVAX tokens initially sold to the Luna Foundation Guard (LFG) in 2022. The bankruptcy court granted Avalanche permission to reclaim 1.97 million AVAX tokens, marking the close of a chapter in Avalanche’s relationship with Terraform Labs, the blockchain project responsible […]

Basel Committee Tightens Rules for Crypto Holdings Of Banks

July 4, 2024

BASEL, Switzerland, Thursday, July 4, 2024- The Basel Committee on Banking Supervision (BCBS) announced a series of measures on Wednesday aimed at strengthening oversight of banks’ cryptoasset holdings, managing interest rate risk, and mitigating risks associated with third-party service providers. The framework takes effect in January 2026. The committee finalized a disclosure framework requiring banks […]

Bitcoin ATMs Emerging as a Security Threat

September 9, 2024

New York, Monday, September 09, 2024-Bitcoin ATMs, designed to simplify cryptocurrency transactions, have increasingly become a significant security concern, according to a report by CNBC. While these machines aim to provide easy exchanges between fiat currencies and cryptocurrencies like Bitcoin, their rise has been accompanied by a surge in security breaches and fraudulent activities. The […]

Bitcoin ETFs in Spotlight: SEC’s SEO-Driven Decision Dynamics

January 8, 2024

New York, Wednesday, December 27 – The U.S. Securities and Exchange Commission (SEC) faces a crucial deadline on January 10, 2024, to rule on applications from several major players seeking to launch physically-backed Bitcoin ETFs. Experts view that an SEC approval would mark a significant validation for Bitcoin, offering traditional investors an easier way to […]

Bitcoin Halving Squeezes Miners $10 Billion in Annual Loss

May 9, 2024

NEW YORK, Wednesday, April 24, 2024 – The much-anticipated Bitcoin halving event that took place on Friday, April 19, 2024, will also result in a projected $10 billion annual revenue loss, a Bloomberg report claimed. The much-anticipated Bitcoin ‘halving’ event took place on Friday, April 19, 2024, when miners hit that magic 84000 Block This […]

Bitcoin Hashrate Reaches Record 769.8 EH/s Amid Declining Profitability

October 25, 2024

New York, Friday, October 25, 2024-The Bitcoin network’s hashrate reached an all-time high of 769.8 exahashes per second (EH/s) on October 21, reflecting its growing security and resilience. However, this surge in computing power comes at a time when mining profitability is declining. Meanwhile, September saw a 2.6% drop in daily mining revenue, with Jefferies […]

Bitcoin Heading For Major Crash After Bull Trap, Warn Experts

November 4, 2024

New York, Monday, November, 2024-In a warning to investors, cryptocurrency expert Alan Santana has highlighted signs that Bitcoin (BTC) may be heading for a significant downturn after failing to surpass its previous all-time high. The leading cryptocurrency is currently consolidating below the $70,000 resistance level, raising concerns about its future performance. Santana claims that Bitcoin […]

Bitcoin Hits New High, Briefly Surpasses $90,000

November 13, 2024

Catenaa, Wednesday, November 13, 2024-  Bitcoin surged above $90,000 Tuesday, marking a new all-time high as market optimism soared following the US presidential election of Donald Trump. The cryptocurrency climbed another 1.8% over the past 24 hours, continuing a 30% increase over the past week. Analysts attribute this rapid price increase to investor confidence in […]

Bitcoin Hits Record $106,352, Market Momentum Builds

December 16, 2024

Catenaa, Monday, December 16, 2024-Bitcoin soared to a record high of $106,352 on Sunday, boosted by institutional interest and growing optimism in the crypto market, according to reports. The leading cryptocurrency later settled at $104,700, up 2.72% over the past 24 hours, according to reports available in public domains.  Analysts attribute the rally to a […]

Bitcoin Hits Record $85,000, Adds $20K in a Week

November 12, 2024

Catenaa, Tuesday, November 13, 2024-Bitcoin (BTC) has soared to a record high of $85,000, marking an almost $20,000 increase over the past week, according to TradingView data. On Monday, Bitcoin was trading near $84,255, after hitting an intraday high of $84,989, as per CoinDesk Indices data. Since the election, the CoinDesk 20 Index (CD20), which […]

Bitcoin may drop 10% if $90K support level fails

January 15, 2025

Catenaa, Wednesday, January 15, 2025-Standard Chartered’s Geoff Kendrick warned Tuesday that bitcoin could face a 10% retracement to the low $80,000s if its $90,000 support level is breached. The prediction comes amid macroeconomic pressure and the potential unwinding of spot exchange-traded funds (ETFs).  In a research note, Kendrick highlighted “convexity risks” as critical, suggesting ETF […]

Bitcoin Now 7th Largest Global Asset Amid 2024 Surge

January 9, 2025

Catenaa, Thursday, January 09, 2025 – Bitcoin has claimed its spot as the 7th largest global asset by market value, overtaking silver and Saudi Aramco, after its price surged 124% in 2024 to reach $108,000. The cryptocurrency’s market capitalization now stands at $2.01 trillion, signaling growing acceptance within traditional finance.  A significant factor behind Bitcoin’s […]

Bitcoin Reaches $95,000 for First Time Amid Post-Election Surge

November 21, 2024

Catenaa, Thursday, November 21, 2024-Bitcoin hit a record high of $95,000 on Coinbase late Wednesday, marking the cryptocurrency’s first-ever breach of this milestone. The digital asset, which has surged 40% in the past month, is up 110% in 2024 alone. The rise comes amid growing institutional acceptance, with the recent approval of options on Bitcoin […]

Bitcoin Reserve Proposed as US Strategic Asset by BPI

December 20, 2024

Catenaa, Friday, December 20 , 2024 –The Bitcoin Policy Institute has drafted an executive order aimed at establishing a US strategic bitcoin reserve, positioning the cryptocurrency as a permanent national asset. The proposal, intended for President Trump’s consideration, would designate bitcoin as a reserve asset under the Exchange Stabilization Fund (ESF).  The draft outlines a […]

Bitcoin Stabilizes After Bull Run, Holding Above $95K Mark

November 28, 2024

Catenaa, Thursday, November 28, 2024-Bitcoin’s price movement has been notable in the past week, marked by significant volatility and a strong push toward the $100,000 milestone. On November 22, Bitcoin opened at approximately $98,627 and quickly approached the $99,600 mark by November 23, driven by robust trading volumes and heightened investor interest. However, the cryptocurrency […]

Bitcoin Surges Past $100,000 as Trump Picks Pro-Crypto SEC Chair

December 6, 2024

Catenaa, Friday, December 06, 2024- Bitcoin surged past $100,000 for the first time late Wednesday, hitting a new record just hours after President-elect Donald Trump named Paul Atkins, a crypto advocate, as his choice to lead the Securities and Exchange Commission (SEC). Bitcoin’s surge to $100,000 follows a rally that began after Trump’s election victory […]

Bitcoin Surges Past $74,000 as Trump Leads

November 6, 2024

New York, Wednesday, November 06, 2024— Bitcoin has soared to a new all-time high, breaking past $74,000 as Republican candidate Donald Trump leads in the initial phase of the 2024 US presidential election, reports say. Bitcoin was trading around $74,470, marking a 9.5% increase in the past 24 hours, reports say. The cryptocurrency market reacted […]

Bitcoin Targets $200K as Analysts Predict Sovereign Bull

November 19, 2024

Catenaa, Tuesday, November 19, 2024 – Leading brokerage firm Bernstein has reaffirmed its bullish Bitcoin forecast, projecting a price surge to $200,000 by 2025. With Bitcoin trading near $92,000, analysts see their target as increasingly plausible, supported by pro-crypto political shifts, sovereign interest, and institutional adoption.  In a client note, Bernstein analysts, led by Gautam […]

Bitcoin Tops Meta in Market Cap Amid Trump Election Surge

November 14, 2024

Catenaa, Thursday, November 12, 2024-Bitcoin has climbed to the 9th spot in global market capitalization, surpassing Meta Platforms following a surge driven by investor optimism over Donald Trump’s US presidential victory. Bitcoin’s market cap reached $1.46 trillion, with the cryptocurrency trading around $73,800, just behind Saudi Aramco. Analysts cite Trump’s potential pro-crypto policies, including the […]

Bitcoin, Ethereum Surge Past $1.6T, Indicating a More Lenient Chinese Stance Now

January 23, 2024

Beijing, China, Tuesday, January 09 – Amidst a dizzying rally in Bitcoin, Ethereum, XRP, and Solana that pushed aggregate crypto market capitalization above $1.6 trillion, China signaled a potential departure from its hardline stance on cryptocurrencies, raising eyebrows and sending ripples through the global digital asset landscape. The shift emerged subtly through a government document […]

Bitcoin’s Roars, Foreseeing $2T Cap in 2024 with Trump’s Return

January 6, 2024

New York, Thursday, December 28, 2023 – Bitcoin’s recent surge, from under $20,000 to over $40,000, has ignited speculation about a potential $2 trillion market cap by 2024, multiple reports said last week.They said that fueling the fire are predictions linking the rise to Donald Trump’s potential return to the White House and an expected […]

BitFuFu Partners with BITMAIN to Acquire 80,000 Miners

January 8, 2025

Catenaa, Wednesday, January 08, 2025 – Nasdaq-listed Bitcoin mining company BitFuFu has inked a two-year agreement with BITMAIN, a leading manufacturer of cryptocurrency mining hardware, to acquire up to 80,000 S-series miners, including flagship models S21 XP and S21 Pro.  The deal allows BitFuFu to order the miners in batches over the contract term, offering […]

Bitwise Files for XRP ETF After Bitcoin, Ethereum Success

October 2, 2024

New York, Wednesday, October 02, 2024-Bitwise, a leading crypto asset manager, has filed for an XRP-based exchange-traded fund (ETF), marking a potential new development in the growing crypto investment space. The filing, confirmed as legitimate by Bitwise to Decrypt, was made with the state of Delaware. This move follows the U.S. Securities and Exchange Commission’s […]

BlackRock Bitcoin ETF Hits $1B Volume After Trump Win

November 7, 2024

New York, Thursday, November, 2024-BlackRock’s spot bitcoin ETF, IBIT, saw an unprecedented $1 billion in trading volume within 20 minutes of market open on Wednesday, following Donald Trump’s presidential victory. The trading frenzy was driven by investor enthusiasm for Trump’s pro-crypto stance, which boosted bitcoin’s price to a record high of $75,000. Eric Balchunas, Bloomberg’s […]

BlackRock Gains $1.1B as Bitcoin Hits New High

November 8, 2024

New York, Friday, November 08, 2024-BlackRock attracted over $1.1 billion in inflows to its spot Bitcoin ETF (IBIT) as Bitcoin surged to new heights. On November 7, IBIT led the US market with approximately 82% of total inflows to spot Bitcoin ETFs, which collectively amassed $1.34 billion, according to Farside data. Bitcoin nearly hit $77,000, […]

BlackRock Recommends 1-2% Bitcoin Allocation in Portfolios

December 15, 2024

Catenaa, Sunday, December 15, 2024- BlackRock, the world’s largest asset manager, has advised investors to keep Bitcoin exposure in portfolios between 1-2% due to its volatility and risk profile, according to a new report. The guidance comes as BlackRock’s iShares Bitcoin Trust ETF has outpaced its gold counterpart, managing $53.8 billion in assets since its […]

BlackRock’s Ethereum ETF Hits $1B in Net Asset Value

October 1, 2024

 New York, Tuesday, October 01, 2024-BlackRock’s spot Ethereum ETF has reached a significant milestone, surpassing $1 billion in total asset value just two months after its launch. This achievement follows a favorable week of trading, with U.S.-based spot Ethereum exchange-traded funds (ETFs) logging their highest weekly inflows since early August. Friday (27) saw $58.7 million […]

BlackRock’s $1.9B Bitcoin ETF Launch Spurs $93K BTC High

November 20, 2024

Catenaa, Wednesday, November 20, 2024- BlackRock’s iShares Bitcoin Trust (IBIT) saw an unprecedented $1.9 billion in notional exposure traded on its first day of options trading, contributing to a surge in Bitcoin’s price, which hit a new all-time high of $93,900 yesterday (Tuesday 19).  The launch of options trading for the spot Bitcoin ETF marked […]

BlackRock’s Bitcoin ETF Crosses 500,000 BTC Milestone

December 5, 2024

Catenaa, Thursday, December 05, 2024- BlackRock’s IBIT Bitcoin ETF has achieved a historic milestone, surpassing 500,000 BTC in assets under management (AUM) with a valuation of $48 billion. This marks a significant achievement in the ETF’s trajectory, having launched less than a year ago on January 11, 2024.  Data from K33 reveals that $338.3 million […]

Blockchain on the Brink, Dimon’s Crypto Shutdown Warning

January 3, 2024

WASHINGTON, DC Wednesday, December 6, 2023:  JPMorgan Chase CEO Jamie Dimon reignited his long-standing feud with cryptocurrency, stating he would “close it down” if he held the reins of government. Dimon, who is noted for his vocal criticism of Bitcoin and other digital currencies, doubled down on his skepticism, questioning the legitimacy of the entire […]

Bybit Hints at China’s Crypto Policy Shift, No Confirmation

June 11, 2024

Dubai, Tuesday, June 11, 2024 – The June 6 announcement by Bybit, a major cryptocurrency exchange, has sparked widespread speculation that China might be softening its stance on cryptocurrencies. This has created a buzz in the crypto markets, further fueled by renowned author Robert Kiyosaki’s prediction that Bitcoin could reach $350,000 by August 2024. Kiyosaki, […]

Celsius Emerges Strong While Repaying Over $3 Billion To Creditors To Exit Bankruptcy

March 1, 2024

Hoboken, New Jersey, Monday, February 19, 2024 – After nearly 18 months of going through the Chapter 11 bankruptcy process, Celsius Network LLC successfully emerged on January 31, 2024. This follows the confirmation of its reorganization plan in November 2023 and analysts say signifies a partial recovery for creditors impacted by the platform’s financial struggles. […]

CleanSpark Buys 7 Tennessee Bitcoin Sites, Boosts Hashrate

September 17, 2024

New York, Tuesday, September 17, 2024-CleanSpark, a U.S.-based Bitcoin mining company, has announced the acquisition of seven mining facilities in the Knoxville, Tennessee area. The purchase is expected to increase CleanSpark’s total hashrate by 22%, significantly expanding its operations. The facilities, bought from Exponential Digital for $27.5 million, will contribute 85 megawatts (MW) of energy […]

CME Group’s March Surprise As Euro Micro Bitcoin & Ether Futures Launch

March 16, 2024

CHICAGO, IL February 27, 2024 – CME Group, the world’s leading derivatives marketplace, announced plans to expand its cryptocurrency offerings with the launch of Micro Bitcoin Euro and Micro Ether Euro futures on March 18, pending regulatory approval, a press release said. The new contracts, designed to meet the growing demand for risk management tools […]

Coinbase Launches Coin50 Index as Crypto’s S&P 500

November 13, 2024

Catenaa, Wednesday, November 13, 2024-Coinbase yesterday unveiled the Coinbase 50 Index (Coin50), a new market index that offers a broader perspective on the crypto industry, similar to the S&P 500’s role in traditional equity markets. Coin50 aims to provide investors and analysts with a more inclusive benchmark that captures the performance of the top 50 […]

Coinbase Sues SEC, FDIC Over Public Records Denial

June 28, 2024

SAN FRANCISCO, Friday, June 28, 2024- Cryptocurrency exchange Coinbase is suing the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) after both agencies denied requests for public records, the company announced Thursday. “Coinbase, Inc., the largest digital-asset trading platform in the United States, retainedHistory Associates Incorporated to submit Freedom of […]

Consensys Challenges SEC ON Spot Ether ETF Citing Ethereum’s Superior Security

April 20, 2024

NEW YORK, NY, Monday, April 8, 2024- Blockchain software company Consensys is disputing the U.S. Securities and Exchange Commission’s (SEC) concerns regarding spot Ether exchange-traded funds (ETFs). In a recent comment letter submitted to the regulatory agency, Consensys addressed the SEC’s inquiries about potential fraud and manipulation risks associated with Ethereum’s proof-of-stake (PoS) system,  particularly […]

Consensys Cuts 20% Workforce, Cites SEC Overreach

October 30, 2024

New York, Thursday, October 31, 2024- Consensys CEO Joseph Lubin criticized the SEC’s aggressive regulatory actions, holding the agency partly responsible for Consensys’s recent 20% workforce reduction. In an October 29 blog post, Lubin stated that the SEC’s “abuse of power” has hindered innovation in the crypto space, causing significant job losses and stifling productive […]

Craig Wright Sues for $1B, Claims Bitcoin Devs Misled Public

October 23, 2024

London, Wednesday, October 23, 2024-Craig Wright has launched a new $1 billion lawsuit, accusing Bitcoin developers of altering Bitcoin’s original vision and misleading the public. Wright, who claims to be Bitcoin creator Satoshi Nakamoto, argues that Bitcoin Satoshi’s Vision (BSV) is the true Bitcoin and is seeking damages based on the difference in market value […]

Crypto Leaders Discuss US Regulations at Davos

January 23, 2025

Catenaa, Thursday, January 23, 2025 – At the Davos World Economic Forum on Thursday, January 23, cryptocurrency executives expressed growing confidence that the US will pass new regulations for digital assets in 2025, as former President Donald Trump’s rhetoric stirs market optimism. Trump’s vocal support for cryptocurrency has sparked renewed enthusiasm among industry leaders, who […]

Crypto Queen Charged of Crypto and Foreign Currency Theft

January 21, 2025

Catenaa, Tuesday, January 21, 2025 – Pseudonymous crypto influencer ‘crypto queen,’ Valeria Fedyakina, has been charged with theft of BTC and foreign currency valued at $21.3 million, reports on January 15 said. The Russian businesswoman, known as ‘Bitmama,’ is charged with luring clients to invest in Bitcoin for high returns. The investigations revealed that she […]

Crypto Scams Surge in 2024 as Cybercriminals Adapt Tactics

September 15, 2024

New York, Sunday, September 15, 2024 –A new Chainalysis report reveals a troubling surge in cryptocurrency-related scams in 2024. The research highlights that 43% of illicit crypto inflows have gone to wallets activated this year, a significant increase from 29.9% in 2022. The report indicates a shift from long-term Ponzi schemes to more targeted frauds, […]

Curve Finance Considers Removing TrueUSD as Collateral for Curve USD Stablecoin

September 30, 2024

New York, Monday, September 30, 2024-Decentralized finance platform Curve Finance is reportedly considering the removal of TrueUSD (TUSD) as collateral for its Curve USD (crvUSD) stablecoin. This follows concerns within the crypto community about the reliability and transparency of TrueUSD’s reserves. The proposal to delist TUSD is being discussed by Curve’s governance community, which plays […]

Deutsche Telekom, Metzler Partner on Green Bitcoin Mining

November 7, 2024

Berlin, Thursday, November 07, 2024 – In a significant move towards sustainable cryptocurrency mining, Deutsche Telekom’s subsidiary, MMS, has partnered with Bankhaus Metzler to launch a green Bitcoin mining pilot in Germany. The project aims to harness excess renewable energy, such as surplus wind and solar power, to fuel Bitcoin mining operations, thereby reducing energy […]

DOJ Shuts Down Bitcoin Fog, Operator Gets 10+ Year Term

November 11, 2024

Catenaa, Monday, November 11, 2024-The US Department of Justice (DOJ) announced Friday the sentencing of Roman Sterlingov, the operator of Bitcoin Fog, the darknet’s longest-running Bitcoin mixing service. Sterlingov, a dual Russian-Swedish national, received a prison term of 12 years and six months for laundering criminal proceeds through the BTC mixing service from 2011 to […]

Dow Jumps 1,500 Points in Rally After Trump Win

November 7, 2024

New York, Thursday, November 07, 2024- The Dow Jones Industrial Average skyrocketed 1,500 points, marking its best performance since 2022 in a dramatic post-election rally on Wednesday as investors reacted positively to former President Donald Trump’s victory. This rally also propelled the S&P 500 and Nasdaq Composite to new all-time highs, reflecting market optimism about […]

DTCpay to Swap Bitcoin, Ethereum for Stablecoins by 2025

December 5, 2024

Catenaa, Thursday, December 05, 2024-Cryptocurrency payment provider DTCpay announced it will phase out Bitcoin (BTC) and Ethereum (ETH) transactions by the end of 2024, transitioning exclusively to stablecoins starting January 2025.  The shift comes as DTCpay prioritizes stablecoins like USDT, USDC, FDUSD, and WUSD, citing their price stability compared to Bitcoin and Ethereum. This stability […]

El Salvador Adds 11 Bitcoin Amid IMF Pressure to Limit BTC Adoption

January 28, 2025

Monday, January 27, 2025 – El Salvador has expanded its Bitcoin reserves by acquiring 11 BTC, valued at over $1 million, despite ongoing pressure from the International Monetary Fund (IMF) to curtail its cryptocurrency adoption.  The nation’s Bitcoin Office announced the purchase on January 20, reaffirming its commitment to the cryptocurrency. The move comes shortly […]

El Salvador Explores Fast-Tracked Citizenship Now for Bitcoin Donors

January 24, 2024

SAN SALVADOR, El Salvador, Thursday, December 21 – El Salvador’s Congress has reportedly passed a bill change to the migration law that could expedite citizenship for foreign nationals who contribute donations in Bitcoin to government-led social and economic development initiatives. The measure, backed by President Nayib Bukele’s New Ideas party, received initial approval on December […]

El Salvador May Revise Bitcoin Law to Secure IMF Deal

December 10, 2024

Catenaa, Tuesday, December 10, 2024-El Salvador is reportedly set to amend its controversial Bitcoin law to secure a multi-billion-dollar deal with the International Monetary Fund (IMF), according to a report from the Financial Times. The agreement, expected in the coming weeks, would provide $2 billion in funding from the IMF, World Bank, and Inter-American Development […]

El Salvador’s Bonds Spike Despite Bitcoin Criticism

October 8, 2024

San Salvador, Tuesday, October 08, 2024-El Salvador’s bonds have surged, defying criticism aimed at President Nayib Bukele’s controversial handling of the nation’s finances, particularly regarding Bitcoin. Recent Bloomberg data highlights a notable rally following the government’s proposal to buy back dollar-denominated bonds, signaling a strategic debt restructuring move.  On October 4, 2024, Bukele announced the […]

Ethereum Spot ETFs Now Next in Line?

March 4, 2024

New York, NY, Monday, February, 19, 2024 – With the recent approval of Bitcoin spot exchange-traded funds (ETFs) in the United States many reports said that the next potential could be Ethereum spot ETFs by as early as May 2024. Industry experts speculate that approval could potentially happen as early as May 2024, building upon […]

eToro Settles with SEC, Limits Crypto Trading to BTC, ETH

September 13, 2024

WASHINGTON, DC, Friday, September 13, 2024 — eToro USA had reached a $1.5 million settlement with the SEC over charges of operating an unregistered broker and clearing agency about its cryptocurrency trading platform, a Reuters report said. This settlement includes the cessation of most crypto asset trading for US customers, allowing only Bitcoin, Bitcoin Cash, […]

Fastest Blockchains Leave Bitcoin and Ethereum in the Dust

June 3, 2024

NEW YORK, Tuesday, May 28, 2024 – A new report by cryptocurrency data aggregator CoinGecko sheds light on the transaction processing speeds of the largest blockchain networks. The study, released in May 2024, reveals a surprising trend: established giants Bitcoin and Ethereum fall outside the top 15 fastest blockchains. CoinGecko’s analysis examined the actual and […]

Fed Rate Cut Sparks Bitcoin Surge to All-Time High

December 19, 2024

Catenaa, Thursday, December 19, 2024 –The US Federal Reserve yesterday reduced its benchmark federal funds rate by 25 basis points, lowering it to a range of 4.25% to 4.50%, as Bitcoin rallied to a new all-time high of over $108,000. However, share prices slumped on the announcement, the BBC reported yesterday. The Federal Open Market Committee’s […]

Fed’s Cut Propels Bitcoin Surge As Crypto Markets Rally

September 19, 2024

New York, Thursday, September  19, 2024 – The US Federal Reserve slashed its benchmark interest rate by 50 basis points, bringing it down to 4.75%-5.00%. This is the first time in four years that the Fed has made such a sharp rate cut. Fed highlighted the decision as a recalibration to protect the job market […]

Feds Now Move $2 Billion in Bitcoin Seized from Silk Road

May 10, 2024

WASHINGTON, Tuesday, April 09, 2024 – In a move likely to impact the cryptocurrency market, the U.S. government has transferred a significant amount of Bitcoin from a wallet linked to the defunct illegal marketplace Silk Road. On-chain data analysis by blockchain intelligence firms suggests the transfer involved roughly 30,000 Bitcoin, currently valued at approximately $2 […]

Fidelity Now Reduces European Bitcoin ETP Fee in Industry Shift

March 13, 2024

LONDON, UK, Monday, February 27, 2024 – Fidelity International, a leading asset manager, announced a significant reduction in the fee associated with its European Bitcoin Exchange-Traded Product (ETP) on Tuesday, joining a growing trend in the European crypto ETP market. The Fidelity Physical Bitcoin ETP (FBTC) will now have a total expense ratio (TER) of […]

FinCEN Report Now Links Bitcoin to Online Crimes, Human Trafficking

March 6, 2024

WASHINGTON, DC Tuesday, February 20, 2024 –The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released a report on February 13, 2024, highlighting a significant increase in the use of cryptocurrency, particularly Bitcoin, for Online Child Sexual Exploitation (OCSE) and human trafficking. This report, based on Bank Secrecy Act (BSA) reporting data from […]

First UK Pension Fund Invests in Bitcoin, Marking Shift

November 5, 2024

London, November 05, 2024 – In a pioneering move, a British pension fund, advised by pension consultancy Cartwright, has invested 3% of its £50 million ($65 million) assets directly into bitcoin. This marks the first time a UK pension fund has allocated a portion of its assets directly into cryptocurrency rather than through proxies like […]

FTX to Start User Repayments in February Post Deadline

January 19, 2025

Catenaa, Sunday, January 18m 2025 – FTX, the bankrupt cryptocurrency exchange, has set a deadline of January 20, 2025, for users to meet pre-distribution requirements to receive their long-awaited repayments. The company, which owes over $1.2 billion to its users, aims to begin distributions in February, pending the completion of the necessary steps.  The repayments […]

FTX, Alameda Ordered to Pay $12.7B in Historic Fraud Case

August 9, 2024

New York, Friday, August 09, 2024- A US district court has ordered cryptocurrency exchange FTX and its sister company Alameda Research to pay $12.7 billion to fraud victims, marking the largest recovery in the history of the Commodity Futures Trading Commission (CFTC). The ruling was issued by the U.S. District Court for the Southern District […]

Gemini to Close Canadian Accounts by December 31

October 1, 2024

New York, Tuesday, October 01, 2024– Crypto exchange Gemini has announced its exit from Canada, instructing all Canadian users to withdraw their assets before December 31, 2024. In a private communication sent on Monday, the exchange, run by the Winklevoss twins, informed its customers that they have 90 days, starting from September 30, to remove […]

Genesis Seeks Approval from Bankruptcy Court for $1.4 Billion Share Sale

February 29, 2024

New York, NY Tuesday, February 13, 2024 – Bankrupt cryptocurrency lender Genesis Global Capital filed a motion with the U.S. Bankruptcy Court for the Southern District of New York on Friday, seeking approval to sell approximately $1.4 billion worth of shares held in various trusts. The proposed sale includes shares in the Grayscale Bitcoin Trust […]

German Police Make Historic $2.17 Billion Bitcoin Seizure

February 20, 2024

Dresden, Germany, Tuesday, February 13, 2024 – In a major blow to cryptocurrency activity, German police seized 50,000 Bitcoins worth approximately $2.17 billion, marking the largest cryptocurrency confiscation in the country’s history, reports said last week. The Dresden Police Department, supported by the Federal Criminal Police Office (BKA), the FBI, and a Munich-based forensic IT […]

Goldman Sachs Discloses $418 Million in Bitcoin ETF Holdings

August 16, 2024

New York Friday, August 16, 2024- Goldman Sachs has disclosed a substantial $418 million investment in spot bitcoin exchange-traded funds (ETFs) for the second quarter of 2024. The investment bank’s largest position is a $238 million stake in BlackRock’s iShares Bitcoin Trust (IBIT). Additionally, Goldman Sachs holds significant investments in the Fidelity Wise Origin Bitcoin […]

Goldman Sachs Sees Surge In Crypto As Hedge Funds Return

April 22, 2024

NEW YORK, NY Monday, April 1, 2024 – Goldman Sachs is reporting a resurgence of interest in cryptocurrency options trading among its hedge fund clients, according to a recent interview with Max Minton, the bank’s Asia Pacific head of digital assets. Minton attributes this renewed interest to the recent approval of cryptocurrency exchange-traded funds (ETFs) […]

Grayscale CEO Urges Quick Bitcoin ETF Approval

February 27, 2024

Stamford, Connecticut Tuesday, February 13, 2024 – Grayscale Investments CEO Michael Sonnenshein urged regulators on Monday, February 5, to swiftly approve exchange-traded fund (ETF) options for Bitcoin spot assets, highlighting their potential benefits for investors and price discovery. In an X post, Sonnenshein argued that listed options on Bitcoin spot ETFs would “equip investors with […]

HBO Documentary Finds Satoshi Nakamoto And Is It Peter Todd?

October 9, 2024

London, Wednesday, October 09, 2024- A new HBO documentary yesterday claimed that it had identified Peter Todd, a Canadian developer, as the elusive Satoshi Nakamoto, the pseudonymous founder of Bitcoin. However, Todd had denied the claim. The claim, made by award-winning filmmaker Cullen Hoback, has reignited debate in the crypto world, although Todd has strongly […]

HIVE Now Expands Bitcoin Mining To Paraguay

July 28, 2024

WINNIPEG, Manitoba, Saturday, July 27, 2024- HIVE Digital Technologies Ltd. It announced on July 23 that it was expanding its Bitcoin mining operations into Paraguay.HIVE’s announcement can be read here. The new facility, expected to consume 100 megawatts of electricity, will double HIVE’s mining capacity. The company says it plans to source power from the […]

Hong Kong Makes History with Launch of Asia’s First Spot Bitcoin and Ethereum ETFs  

May 22, 2024

HONG KONG, Monday, May 6, 2024 – Hong Kong has launched Asia’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs) on Tuesday, April 30, 2024, HKEX has announced.   Six new ETFs, issued by China Asset Management (Hong Kong) Limited, Bosera Funds, and Harvest Global Investments, allow investors to gain exposure to Bitcoin and Ethereum […]

Hong Kong to Now Launch Inverse Bitcoin Futures ETF

July 27, 2024

HONG KONG, Friday, July 26, 2024-Hong Kong introduced Asia’s first Bitcoin futures inverse product on July 23, offering investors a way to profit from declines in the cryptocurrency’s price. The CSOP Bitcoin Futures Daily (-1x) Inverse Product, issued by China Southern Asset Management Co., will track the inverse daily performance of the S&P Bitcoin Futures […]

HSBC Australia Halts All Crypto Transactions Immediately

July 25, 2024

Canberra, Thursday, July 25, 2024- HSBC Australia has abruptly blocked all customer transactions to cryptocurrency exchanges, citing a surge in scam activity. The move, which took effect on July 24, 2024, restricts both bank transfers and credit card payments to crypto platforms. The bank claims the decision is to protect customers from financial losses. The […]

IMF Addresses El Salvador Economic Aid Amid Bitcoin Risks

August 13, 2024

Washington, Tuesday, August 13, 2024– The International Monetary Fund (IMF) said Monday it has made progress in talks with El Salvador on a potential economic aid package. The fund is focusing on fiscal consolidation, strengthening financial reserves, and improving governance. The Statement by the IMF can be reached here. While the IMF continues to evaluate […]

India Tops 2024 Global Crypto Adoption Index

September 12, 2024

New Delhi, Thursday, September 12, 2024- India remains the top country for cryptocurrency adoption, according to Chainalysis’ 2024 Global Crypto Adoption Index released a while ago.The Chainanalysis report can be seen here. This marks the second consecutive year that India has ranked first, surpassing countries like Nigeria, Indonesia, the United States, and Vietnam. Chainalysis analyzes […]

Institutional Bitcoin Investments Soar on SEC Changing Tone

November 17, 2023

Monday, November 6: Institutional investments in Bitcoin (BTC) are surging as the U.S. Securities and Exchange Commission (SEC) takes a more favorable stance towards cryptocurrency. The SEC has been taking a more cautious approach to cryptocurrency regulation in recent months, after years of cracking down on the industry. In July, the SEC approved the first […]

JAN3 Raises $5M to Expand AQUA Wallet, Boost Bitcoin Use

January 11, 2025

Catenaa, Friday, January 10, 2025 – JAN3, a Bitcoin infrastructure company, has raised $5 million in a seed funding round led by Fulgur Ventures. The funding aims to accelerate the development and marketing of AQUA Wallet, a Bitcoin and Layer 2 wallet, and support JAN3’s mission to advance Bitcoin adoption globally.  Key investors in the […]

Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack

June 15, 2024

Tuesday, June 11, 2024 – DMM Bitcoin, one of the leading crypto exchanges in Japan, reported the theft of $305 million (48 billion yen of BTC) and 4502.9 BTC from its wallet. The following services—new account openings, new buying orders for spot trading, and crypto asset withdrawals—have been temporarily suspended to secure the infrastructure of […]

Japanese Firm Now Bolsters Bitcoin Transparency

July 27, 2024

TOKYO, Friday, July 26, 2024-Metaplanet, a Japanese investment firm, has partnered with Hoseki to independently verify its Bitcoin holdings, a move aimed at enhancing transparency and trust in the cryptocurrency market. Hoseki offers a Bitcoin proof-of-assets verification service, allowing users to prove ownership without compromising privacy, and facilitating transactions like loans, financial statements, and regulatory […]

Kamala Harris’ Policy Omit Crypto and Bitcoin

September 10, 2024

Washington, Tuesday, September 10, 2024 – Vice President Kamala Harris unveiled her policy positions for her presidential campaign yesterday, but the list notably excludes any mention of cryptocurrencies, reports said. While Harris has committed to supporting “American innovation and workers,” focusing on sectors like artificial intelligence, she has remained silent on the growing cryptocurrency industry […]

Kraken to Shut Down NFT Marketplace, Focus on New Projects

November 30, 2024

Catenaa, Saturday, November 30, 2024-Crypto exchange Kraken has announced it will shut down its NFT marketplace to prioritize resources for upcoming projects. The platform, launched in beta in November 2022, will cease operations by February 27, 2025.  Since November 27, 2024, Kraken users are no longer be able to list, bid, or sell NFTs. The […]

Marathon Digital Invests $249M in Bitcoin Post $300M Sale

August 15, 2024

NEW YORK, DC, Thursday, August 15, 2024- Marathon Digital Holdings, one of the largest Bitcoin miners, has acquired $249 million worth of Bitcoin following a $300 million note sale aimed at expanding its business. The company announced on August 14 that it used part of the proceeds to purchase approximately 4,144 Bitcoins at an average […]

Marathon Loans 16% of Bitcoin Reserves for Yields

January 13, 2025

Catenaa, Monday, January 13, 2025 – Bitcoin mining firm Marathon Digital Holdings (MARA) revealed it has deployed 16.4% of its Bitcoin reserves, amounting to 7,377 BTC and worth nearly $730 million, in short-term third-party loans to generate a “modest single-digit yield.” The move aims to provide additional returns for shareholders, the company said in its […]

Metaplanet Plans Major Bitcoin Expansion in 2025

January 11, 2025

Catenaa, Friday, January 10, 2025 – Metaplanet, a Tokyo-listed investment firm, announced plans to increase its Bitcoin holdings to over 10,000 BTC by the end of 2025, according to its CEO. The ambitious target represents a significant leap from its current holdings of 1,761.98 BTC.  The company aims to solidify its position in the cryptocurrency […]

Michael Saylor Predicts Bitcoin Will Reach $100K by 2025

November 19, 2024

Catenaa, Tuesday, November 19, 2024-Michael Saylor, co-founder and former CEO of MicroStrategy, predicts Bitcoin will exceed $100,000 before the end of 2024, citing the cryptocurrency’s recent surge and favorable conditions following Donald Trump’s election victory. Speaking to CNBC, Saylor said he is planning a New Year’s Eve “$100,000 party,” confident that Bitcoin’s price will continue […]

Microsoft Opposes Bitcoin Hedge Proposal at Annual Meeting

October 28, 2024

New York, Monday, October 28, 2024-Microsoft has urged shareholders to vote against a proposal to assess Bitcoin as a diversification tool at the upcoming annual meeting on December 10, according to a recent SEC filing. Microsoft submitted a Schedule 14A form to the SEC, outlining proposals for its December 10th annual shareholder meeting. One proposal […]

Microsoft Shareholders Reject Bitcoin Reserves Idea

December 11, 2024

Catenaa, Wednesday,  December 11, 2024 – Microsoft shareholders have voted against a proposal to add Bitcoin to the company’s balance sheet, citing concerns over the cryptocurrency’s volatility and aligning with the board’s recommendation during its annual meeting on Tuesday.  The proposal, brought forward by the National Center for Public Policy Research (NCPPR), argued that diversifying […]

MicroStrategy Acquires 21,550 BTC, Largest Bitcoin Holder

December 10, 2024

Catenaa, Tuesday, December 10, 2024-Business intelligence firm MicroStrategy announced Monday that it purchased 21,550 bitcoin for approximately $2.1 billion in cash between December 2 and December 8, 2024. The acquisition, made at an average price of $98,783 per coin, represents one of the company’s largest investments in the cryptocurrency to date. The purchase was funded […]

MicroStrategy Acquires 55K Bitcoins in $5.4B Deal

November 26, 2024

Catenaa, Tuesday, November 26, 2024-MicroStrategy, led by Michael Saylor, has acquired 55,000 additional Bitcoin in a landmark $5.4 billion purchase, solidifying its position as one of the largest corporate holders of the cryptocurrency. The acquisition, disclosed in a US Securities and Exchange Commission (SEC) filing on November 25, has taken place between November 18 and […]

MicroStrategy Adds $1.1B Bitcoin, Extends Buying Streak

January 22, 2025

Catenaa, Wednesday, January 22, 2025 – MicroStrategy, the business intelligence firm led by Bitcoin proponent Michael Saylor, announced Monday that it has purchased an additional $1.1 billion worth of Bitcoin, bringing its total holdings to a staggering 461,000 BTC. This marks the company’s 11th consecutive week of Bitcoin acquisitions.  According to an SEC filing, MicroStrategy […]

MicroStrategy Adds 15,350 Bitcoin, Holdings Reach 439K

December 17, 2024

Catenaa, Tuesday, December 17, 2024 – MicroStrategy has acquired an additional 15,350 bitcoin for approximately $1.5 billion, averaging $100,386 per coin, as the company continues its aggressive purchasing strategy.  The latest acquisition, spanning December 9 to December 15, follows the sale of 3.88 million MicroStrategy shares for a similar amount. The company now holds 439,000 […]

MicroStrategy Adds 27,200 BTC in $2 Billion Purchase, Profit Hits $11B

November 12, 2024

Catennaa, Tuesday, November 13, 2024-MicroStrategy, the largest corporate holder of Bitcoin, yesterday announced that it had added another 27,200 BTC to its holdings for a reported $2 billion, solidifying its position as a leader in Bitcoin investment. This acquisition is believed to be its largest purchase since it began accumulating the cryptocurrency over four years […]

MicroStrategy Adds 850 Bitcoins to its Holdings in January Alone 

February 25, 2024

Tysons Corner, VA, Monday, February 12, 2024- MicroStrategy’s Q4 Earnings Statement also revealed that it had purchased an additional 850 Bitcoins in January 2024 alone. Its total holdings now stand at 190,000, valued at approximately $8.1 billion. Its Q4 2023 earnings statement also reveals that the company had purchased 56,650 Bitcoins throughout 2023 at an […]

MicroStrategy Aims for $42 Billion Bitcoin Fundraising

October 31, 2024

New York, Thursday, October 31, 2024-Enterprise software firm MicroStrategy, the biggest Bitcoin holder again yesterday announced that it had enlisted banks to assist in raising $42 billion through new stock and fixed-income sales to expand its cryptocurrency reserves. The “21/21 Plan” could see the company generating $21 billion from stock sales and an additional $21 […]

MicroStrategy Aims for Trillion-Dollar Bitcoin Valuation

October 15, 2024

New York, Tuesday, October 15, 2024-Michael Saylor, executive chairman of MicroStrategy, has outlined the company’s vision to become the leading bitcoin bank, projecting a future trillion-dollar valuation. The strategy hinges on accumulating bitcoin and leveraging capital markets. Currently, MicroStrategy holds 252,220 BTC, worth over $15 billion, with a cost of around $9.9 billion. Rather than […]

MicroStrategy Boosts Bitcoin Holdings to 444,262 BTC

December 24, 2024

Catenaa, Tuesday, December 24, 2024 – MicroStrategy has purchased an additional 5,262 BTC for $561 million at an average price of $106,662 per Bitcoin, according to post on Platform X posted on Monday. The acquisition raises the company’s total Bitcoin holdings to 444,262 BTC, accumulated at an average cost of $62,257 per Bitcoin, co-founder Michael […]

MicroStrategy Buys 15,400 Bitcoin, Total Holdings Top $38 Billion

December 3, 2024

Catenaa, Tuesday, December 03, 2024-MicroStrategy, the largest corporate holder of Bitcoin, announced its purchase of an additional 15,400 Bitcoins for $1.5 billion, bringing its total holdings to 402,100 Bitcoins, valued at $38 billion. The acquisition, completed at an average price of $95,976 per coin, marks the company’s fourth consecutive week of significant Bitcoin investments.  According […]

MicroStrategy Faces Tax on $19.3B Bitcoin Gains 

January 27, 2025

Catenaa, Monday, January 27, 2025- MicroStrategy, led by CEO Michael Saylor, may face significant federal tax liabilities on its unrealized Bitcoin gains, which total over $19.3 billion. The company’s massive holdings, exceeding 450,000 BTC valued at more than $48 billion, have drawn attention under the corporate alternative minimum tax introduced by the 2022 Inflation Reduction […]

MicroStrategy May Generate Yield by Lending Bitcoin Holdings, Says Benchmark

September 25, 2024

New York, Wednesday, September 25, 2024-MicroStrategy’s financial profile could significantly strengthen as the company continues to expand its Bitcoin holdings and explore potential yield-generation strategies through lending, a report by Benchmark said. Reports said that last week MicroStrategy (MSTR) purchased 7,420 Bitcoin for $458 million, bringing its total Bitcoin holdings to 252,220 BTC, valued at […]

MicroStrategy Now Plans $500M Convertible Notes For Bitcoin

June 14, 2024

TYSONS CORNER, Va. Friday, June 14, 2024- Business intelligence company MicroStrategy announced plans to raise $500 million through a private offering of convertible senior notes. The company intends to use the proceeds to acquire more Bitcoin and for general corporate purposes. Due in 2032, the notes will be offered to qualified institutional buyers and convertible […]

MicroStrategy Now Leads Crypto Short Squeeze, Faces $2 Billion Loss Since March

April 27, 2024

NEW YORK, Tuesday, April 23, 2024- Short sellers betting against business intelligence firm MicroStrategy (MSTR.O) have suffered significant losses in recent months, according to data from S3 Partners. The data, released on April 10, 2024, shows that short sellers have lost an estimated $1.92 billion since March. This comes amidst a rally in the cryptocurrency […]

MicroStrategy Now Posts Net Loss Despite Continued Bitcoin Buying  

May 21, 2024

NEW YORK, Monday, May 6, 2024 – MicroStrategy Incorporated (MSTR), known for its aggressive Bitcoin holdings, reported a net loss of $53.1 million for the first quarter of 2024, as reported in the Q1 2024 Financial Report. This translates to $3.09 per share. The loss stems primarily from a $191.6 million digital asset impairment charge, […]

MicroStrategy Plans $2B Bitcoin Buy Despite Weak Q2

August 5, 2024

New York, Monday August 5, 2024-MicroStrategy plans to sell up to $2 billion in class A shares to invest further in Bitcoin and for other corporate purposes, according to a regulatory filing with the U.S. Securities and Exchange Commission on Wednesday, August 1, 2024. The Virginia-based company, led by Bitcoin advocate Michael Saylor, has not […]

MicroStrategy Posts Net Profit in Q4 Despite Revenue Dip

February 7, 2024

TYSONS CORNER, Va., Tuesday, February 7, 2024- Business intelligence firm MicroStrategy surprised analysts by reporting a net income of $89.1 million for the fourth quarter of 2023. MicroStrategy is the largest corporate holder of Bitcoin and the largest independent publicly traded business intelligence company. MicroStrategy has continued its aggressive strategy of acquiring Bitcoin during the […]

MicroStrategy Proposes $700M Notes to Buy Bitcoin

September 18, 2024

NEW YORK, Wednesday, September 18, 2024- MicroStrategy has announced plans to raise $700 million through the issuance of convertible senior notes due in 2028. The company says it intends to use the proceeds from this offering to further expand its Bitcoin holdings. The announcement said that the private placement would be made available to qualified […]

MicroStrategy Purchases $4.6B in Bitcoin Plans More

November 19, 2024

Catenaa, Tuesday, November 19, 2024- MicroStrategy has acquired $4.6 billion worth of Bitcoins in a record-breaking purchase, according to an SEC filing on Monday, November 18. The BTC is hovering just above $90,000 after Trump winning the November 4 Presidential Election. The Virginia-based software firm now holds 331,200 Bitcoins, valued at $30 billion, according to […]

MicroStrategy Shares Surge 8% as Bitcoin Hits $100K

December 6, 2024

Catenaa, Friday, December 06, 2024 – Shares of MicroStrategy Inc. surged by more than 8% Thursday following Bitcoin’s landmark rise to $100,000 late Wednesday. The software firm, led by Michael Saylor, has amassed significant Bitcoin holdings since 2020, with the recent price surge proving highly profitable. Bitcoin continued its upward trajectory on December 5, reaching […]

MicroStrategy Unveils Q3 2024 Results with $42B Capital Plan

November 5, 2024

New York, November 05, 2024–The largest corporate holder of Bitcoin MicroStrategy reported its financial results for the third quarter of 2024 on October 30. In the third quarter, MicroStrategy achieved a 5.1% BTC Yield KPI, raising a total of $2.1 billion through equity and debt. The company’s total bitcoin holdings increased by 11% during the […]

MicroStrategy Upsizes Convertible Notes Sale to Bolster Bitcoin Holdings

November 22, 2024

Catenaa, Friday, November 22, 2024- MicroStrategy announced an increase in its previously declared convertible note offering, raising the sale from $1.75 billion to $2.6 billion on Wednesday. This move is aimed at further expanding the company’s already extensive Bitcoin reserves, underscoring its continued commitment to cryptocurrency investment under the leadership of Executive Chairman Michael Saylor. […]

MicroStrategy’s Bitcoin Strategy Is No ‘Infinite Money Glitch,’ Says Saylor

October 24, 2024

New York, Thursday, 24, 2024-MicroStrategy, the largest corporate holder of Bitcoin, has grown its market capitalization from $1.5 billion to over $40 billion in just four years. Co-founder Michael Saylor attributes the surge to the company’s innovative approach of merging Bitcoin with traditional finance. Speaking to The New Zealand Herald, Saylor explained that MicroStrategy’s business […]

Morgan Stanley Invests $269M in Bitcoin Spot ETFs

June 3, 2024

NEW YORK, Monday, May 27, 2024 – Investment bank Morgan Stanley has revealed a $269 million investment in Grayscale Bitcoin Trust (GBTC), a leading spot bitcoin exchange-traded fund (ETF), according to a recent filing with the Securities and Exchange Commission (SEC). Morgan Stanley thus becomes the latest among banks to disclose its crypto assets. The […]

Musk’s DOGE Explores Blockchain for Federal Efficiency

January 27, 2025

Catenaa, Monday, January 27, 2025-Elon Musk’s Department of Government Efficiency (DOGE) is reportedly investigating blockchain adoption as part of a broader initiative to streamline federal systems, according to Bloomberg. Potential use cases include tracking federal spending, managing government assets, and facilitating payments.  DOGE representatives have allegedly engaged with public blockchain providers to assess the feasibility […]

Oklahoma Introduces Bill to Establish State Bitcoin Reserves

January 21, 2025

Catenaa, Tuesday, January 21, 2025 – Oklahoma has become the latest state to consider creating a Bitcoin reserve, following Republican-led proposals to invest in digital assets for long-term financial security.  State Rep. Cody Maynard introduced legislation Wednesday allowing state savings accounts and pension funds to invest in cryptocurrencies like Bitcoin. The bill permits the state […]

Options Trading for BlackRock and Bitwise Bitcoin ETFs Begins

November 19, 2024

Catenaa, Wednesday, November 20, 2024- Options trading for BlackRock’s iShares Bitcoin Trust (IBIT) is set to begin today on Nasdaq, with Bitwise Bitcoin ETF options scheduled to follow on Wednesday. This significant milestone is expected to amplify institutional interest in cryptocurrency markets, as options trading for Bitcoin exchange-traded funds (ETFs) becomes a reality.  The US […]

Peter Schiff Labels Bitcoin a $2T ‘Biggest Bubble Ever’

December 26, 2024

Catenaa, Thursday, December 26, 2024 – Economist Peter Schiff, a vocal Bitcoin critic, last Monday labeled the cryptocurrency as “the biggest bubble ever,” comparing it to the dot-com boom of the late 1990s.  Schiff noted Bitcoin’s market capitalization has surpassed $2 trillion, eclipsing the $1.7 trillion peak valuation of roughly 400 publicly traded dot-com companies […]

Peter Todd in Hiding After HBO Documentary Triggers Harassment

October 23, 2024

New York, Wednesday, October 23, 2024- Bitcoin core developer Peter Todd has gone into hiding following harassment after being wrongly identified as Satoshi Nakamoto in an October 8 HBO documentary. Todd, who has denied being the elusive Bitcoin creator, claims he has been inundated with requests for money, including one individual sending 25 emails in […]

Pioneering Progress, Grayscale Ventures into Multi-Asset Staking Territory

April 10, 2024

Stamford, Connecticut, Tuesday, March 12, 2024 – Grayscale Investments, the company behind the world’s largest Bitcoin exchange-traded fund (ETF), announced on March 4 the launch of a new cryptocurrency product, the Grayscale Dynamic Income Fund (GDIF). It said the GDIF is a first-of-its-kind actively managed fund for Grayscale, focusing on staking rewards from various Proof-of-Stake […]

Remixpoint Boosts Bitcoin Holdings with $3.2M Purchase

January 19, 2025

Catenaa, Sunday, January 18, 2025 – Japanese firm Remixpoint, a former cryptocurrency exchange operator, has completed a $3.2 million Bitcoin purchase, adding 33.34 BTC to its growing portfolio. The company, now holding 333.189 BTC, announced the acquisition late last week, according to Coinpost.  The move is part of Remixpoint’s broader Bitcoin-buying strategy, with plans to […]

Ripple Expands Custody Services with Bank-Grade Tech

October 11, 2024

New York, Friday, October 11, 2024- Digital asset infrastructure provider Ripple said it had introduced new functionalities to its custody service, aiming to deliver “bank-grade” security to cryptocurrency firms. These enhancements include integration with the XRP Ledger (XRPL), offering companies expanded liquidity and the ability to tokenize real-world assets (RWAs). The XRP token surged by […]

Robinhood Enters Crypto Trading in the EU

January 21, 2024

Menlo Park, California – Thursday, December 7, 2023 – Robinhood, the trading app of Robinhood Markets Inc, officially launched its crypto trading services in the European Union (EU) on Thursday, December 7. The launch coincides with a strong recovery in the Bitcoin price, which reached a 19-month high in recent times. Robinhood’s crypto platform offers […]

Rumble Invests in Bitcoin as Part of $20M Strategy

January 26, 2025

Catenaa, Sunday, January 26, 2025 – Video platform Rumble revealed its first Bitcoin purchase on Friday, following through on a strategy announced in November to allocate up to $20 million of its cash reserves into the cryptocurrency. Rumble CEO Chris Pavlovski shared the news on X (formerly Twitter), confirming that the company had made its […]

Satoshi Era Bitcoin Wallet Reactivates Sparking Lost Coin Debate

May 8, 2024

 Las Vegas, Nevada, Wednesday, May 8, 2024 – A Bitcoin wallet from the early days of the cryptocurrency, known as the “Satoshi Era,” has awakened after 14 years of inactivity. The wallet transferred 50 bitcoin (BTC), currently worth over $3 million, on April 15. The transaction highlights a recent trend of dormant Bitcoin wallets reactivating, […]

Saylor Signals New Bitcoin Buy in Treasury Expansion

January 13, 2025

Catenaa, Monday, January 13, 2025 – MicroStrategy co-founder Michael Saylor has teased another Bitcoin acquisition, hinting at a purchase on Monday (January 50 via a post on X featuring a Bitcoin chart from SaylorTracker.com. The company currently holds 446,400 Bitcoin, valued at roughly $43.7 billion, and continues its aggressive 21/21 plan to bolster its Bitcoin […]

sBTC Upgrade in December Boosts Bitcoin DeFi Expansion

November 17, 2024

Catenaa, Sunday, November 17, 2024-Muneeb Ali, founder of Stacks and CEO of Trust Machines, announced on X that the long-awaited sBTC upgrade is anticipated for early December. This upgrade is designed to introduce a trustless, two-way bitcoin peg system, making sBTC the first asset of its kind to enhance decentralized finance (DeFi) capabilities on the […]

Scramble for Spot Bitcoin Heats Up in European Markets

March 16, 2024

London, Monday, March 4, 2024 – Competition for spot Bitcoin (BTC) funds is intensifying in Europe as established players and new entrants vie for a larger share of the burgeoning digital asset market. The surge in competition within the European Bitcoin market is spurred by several key factors. Notably, growing institutional interest plays a pivotal […]

SEC Approves Nasdaq Options Listing for BlackRock Bitcoin ETF

September 24, 2024

New York, Tuesday, September 24, 2024-The US Securities and Exchange Commission (SEC) has approved Nasdaq’s International Securities Exchange (ISE) to list and trade options on BlackRock’s iShares Bitcoin Trust (IBIT).This significant move follows months of review and signals growing acceptance of Bitcoin derivatives in the financial sector. BlackRock initially submitted the proposal in March 2024, […]

SEC Reviews Grayscale ETF Bid Amid New Legal Developments

November 12, 2023

New York, USA – October 31, 2023: A federal appeals court last week ordered the Securities and Exchange Commission (SEC) to revisit Grayscale Investments’ application for a spot Bitcoin exchange-traded fund (ETF). The court’s ruling is viewed as a substantial win for Grayscale, with the potential to create broad ramifications within the cryptocurrency market. In […]

SEC Seeks Public Comment on Rules In Its Crypto War

May 11, 2024

WASHINGTON, Monday, April 29, 2024 – The Securities and Exchange Commission (SEC) has announced it would begin consultations on potential rule changes governing exchange-traded options linked to Bitcoin in a filing on April 24. The move signifies a potential step forward for the regulation of cryptocurrency derivatives in the United States. Bitcoin, the world’s leading […]

Sky Launches USDS Stablecoin on Solana Blockchain

November 24, 2024

Catenaa, Sunday, November 24, 2024-Sky, the decentralized finance (DeFi) lending protocol formerly known as Maker, has officially launched its USDS stablecoin on the Solana blockchain. This marks USDS as the first major DeFi-native stablecoin on Solana, opening new avenues for borrowing, lending, and trading on the platform’s leading DeFi networks. Sky’s move aims to enhance […]

South Korea Issues 2nd Crypto VASP License Amid Shift

January 24, 2025

Catenaa, Friday, January 24, 2025 – South Korea regulators have issued a second Virtual Asset Service Provider (VASP) license to brokerage firm Happy Block, which may signal a softening stance on corporate cryptocurrency investments.  The Financial Intelligence Unit (FIU), operating under the Financial Services Commission (FSC), approved Happy Block’s application this week. The decision follows a […]

Study Links Cryptocurrency Ownership to Psychopath Traits

August 28, 2024

Toronto, Canada, Wednesday, August 28, 2024- A new study has linked cryptocurrency ownership to certain personality traits, including psychopathy, narcissism, Machiavellianism, and sadism. Researchers at the University of Toronto and the University of Miami surveyed 2,001 American adults to examine the relationship between cryptocurrency ownership and various psychological and social characteristics. However, the researchers cautioned […]

Study Suggests Bitcoin as Reserve Asset Amid Inflation Risks

October 28, 2024

New York, Monday, October 28, 2024- A recent report by the Bitcoin Policy Institute suggests central banks consider Bitcoin as a hedge against rising inflation and geopolitical risks. Authored by economist Matthew Ferranti, the report titled The Case for Bitcoin as a Reserve Asset argues that Bitcoin could serve as a strategic reserve, potentially protecting […]

Swan Bitcoin Scraps IPO, Shuts Down Mining Unit

July 28, 2024

NEW YORK, Saturday, July 27, 2024- Swan Bitcoin, a digital asset financial services firm, announced on Platform X that it had abandoned plans for an initial public offering and shut down its managed mining unit. The company’s CEO, Cory Klippsten, cited a lack of expected near-term revenue from the mining operation as the primary reason […]

Switzerland Considers Crypto Tax Data Exchange with 111 Countries

August 16, 2024

New York, Friday, August 16, 2024- Switzerland is exploring the inclusion of cryptocurrency tax data in its international information exchange protocols. On Wednesday August 14, the Federal Council initiated a consultation process for a new bill that aims to facilitate the sharing of crypto asset information with 111 jurisdictions. These jurisdictions are part of the […]

Switzerland Proposes Holding Bitcoin in Central Reserves

January 2, 2025

Catenaa, Thursday, January 2, 2025 – A group of cryptocurrency advocates in Switzerland has launched an initiative aimed at requiring the Swiss National Bank (SNB) to hold bitcoin as part of its reserves, alongside gold. The proposal was published Tuesday by the Swiss Federal Chancellery, setting the stage for a potential nationwide referendum.  The Chancellery […]

Switzerland to Explore Bitcoin Mining as Energy Solution

December 3, 2024

Catenaa, Tuesday, December 03, 2024-The Swiss canton of Bern has approved a groundbreaking bill to investigate Bitcoin mining as a means of utilizing surplus electricity, despite initial resistance from the local government. Proposed by a pro-crypto Parliamentary Group in March, the legislation gained strong support from the 160-member local parliament. This initiative aims to position […]

Taiwan Regulator Unveils New AML Regulations for Crypto Firms

October 5, 2024

Taipei, Saturday October 5, 2024 – Taiwan’s Financial Supervisory Commission (FSC) has introduced new anti-money laundering (AML) regulations for virtual asset service providers (VASPs), setting a September 2025 deadline for full compliance. Firms failing to meet these requirements could face fines of up to NT$5 million ($155,900) or a two-year prison term. The updated regulations, […]

Taiwan to Test Crypto Custody with Local Banks

October 13, 2024

Taipei, Sunday, October 13, 2024-Taiwan Financial Supervisory Commission (FSC) is set to launch a pilot program for institutional cryptocurrency custody services in early 2025. The initiative, aimed at promoting institutional adoption of crypto, has already attracted interest from three private banks, which are expected to participate in the trial. As reported by local media, participating […]

Templeton Expands Money Market Fund to Coinbase’s Base L2

November 1, 2024

New York, Sunday, November 03, 2024-Franklin Templeton has announced the expansion of its OnChain US Government Money Market Fund (FOBXX) to Coinbase’s Ethereum scaling network, Base. This strategic move, announced on Thursday, allows the asset manager’s flagship crypto product to reach a broader audience on a platform designed for efficient and cost-effective development of crypto […]

Tesla’s 11,509 Bitcoin Remains Intact After Mass Wallet Movements, Says Arkham

October 24, 2024

New York, Thursday, October 24, 2024-Tesla’s 11,509 bitcoins, valued at approximately $776.9 million, remain intact despite last week’s significant wallet movements, according to analytics firm Arkham Intelligence. The firm clarified that the movements, which sparked speculation of a potential sale, were merely “wallet rotations,” ensuring the company still holds the same amount of Bitcoin. On […]

Texas Lawmaker Proposes Bitcoin Strategic Reserve for State

December 14, 2024

Catenaa, Saturday, December 14, 2024 – A Texas legislator introduced a bill Thursday to establish a state-held Bitcoin strategic reserve, signaling the state’s ambition to further embrace digital assets. The bill, H.B. No. 1598, sponsored by State Representative Giovanni Capriglione, aims to hold Bitcoin in cold storage for at least five years while allowing Texans […]

The British court has now ruled that Craig Wright is not the inventor of Bitcoin

March 19, 2024

London, Thursday, March 14, 2024- A British judge ruled on Thursday that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The verdict came after a five-week trial at the High Court in London. A detailed ruling will be given later. Justice Mellor delivered a swift decision, citing “overwhelming evidence” against […]

Thiel’s Bold Move, $200M Crypto Bet As Bull Run Looms

March 5, 2024

SAN FRANCISCO, Tuesday, February 20, 2024 – Venture capital firm Founders Fund, led by billionaire investor Peter Thiel, reportedly placed a significant $200 million bet on Bitcoin and Ethereum before the recent cryptocurrency bull run, Reuters News Agency reported on February 12, 2024, citing “sources familiar with the matter.” The investment spread equally between the […]

Traders Shift to Altcoins as Bitcoin Stalls Near $100K

December 7, 2024

Catenaa, Saturday, December 07, 2024- AsBitcoin remains just below its all-time high of $100,000, trading around $96,000, but traders are increasingly turning to altcoins for larger gains, reports indicate. Analysts say that renewed optimism following Donald Trump’s election victory and promises of crypto-friendly regulation have spurred a dramatic rally in alternative cryptocurrencies.  Bitcoin’s bull run […]

Treasury, IRS Finalize Tax Reporting Rules for Digital Assets

July 5, 2024

Finalised Regulations to be Published on Sunday July 7 WASHINGTON, Friday, July 5, 2024- The U.S. Department of the Treasury and the Internal Revenue Service (IRS) on Wednesday June 26 finalized regulations implementing the bipartisan Infrastructure Investment and Jobs Act’s (IIJA) reporting requirements for brokers of digital assets, a media statement issued by Department of […]

Trump Eyes $280 Trillion Bitcoin Reserve to Boost Dollar

December 26, 2024

Catenaa, Thursday, December 26, 2024 – President-elect Donald Trump has announced plans to establish a massive US bitcoin strategic reserve, aiming to strengthen the dollar and neutralize the nation’s $36 trillion debt, according to a proposal championed by MicroStrategy founder Michael Saylor.  The proposal envisions generating up to $81 trillion in wealth through a federal […]

Trump’s World Liberty Financial Launches WLFI Token Sale

October 14, 2024

New York, Monday, October 14, 2024-  World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by former President Donald Trump and his family, will launch the public sale of its WLFI tokens tomorrow (October 15, 2024). This project, which opened its whitelist on September 30, has already attracted thousands of signups, demonstrating significant interest […]

UK Takes Down Chinese Bitcoin Fraud, Seizes £1.4B Haul

February 27, 2024

London, Wednesday, February 14, 2024 – The British police announced on January 30 that they seized over £1.4 billion worth of Bitcoin in 2018, marking one of the largest cryptocurrency forfeitures globally. The announcement comes during the trial of a woman accused of laundering funds for her former employer, an alleged fugitive from Chinese authorities […]

Understanding the Bitcoin Halving Cycle: A Comprehensive Guide

April 18, 2024

Bitcoin halving is a critical event in the world of cryptocurrency, occurring roughly every four years. During a halving, the reward for miners who validate transactions on the Bitcoin blockchain is slashed in half. This reduction in block rewards is fundamental to Bitcoin’s design, aimed at gradually decreasing the rate at which new bitcoins are […]

Unveiling Craig Wright’s Bitcoin Cash Fork Secrets

November 16, 2023

November 2, 2023: Craig Wright’s Bitcoin Cash fork, Bitcoin SV (BSV), is facing increasing scrutiny following a new study casting doubt on his claims to be the creator of Bitcoin, Satoshi Nakamoto. The study, published by the cryptocurrency research firm CoinGeek, found that Wright’s claims are “not credible” and that there are significant inconsistencies in […]

US Greenlights Historic Bitcoin ETFs, Unleashing Market Power Now

January 11, 2024

Washington, DC, Wednesday, January 10, 2024 – Amidst great anticipation the US Securities and Exchange Commission (SEC) today (Wednesday, January 10, 2024) approved the listing and trading of multiple Spot Bitcoin exchange-traded products (ETPs), marking a milestone for the cryptocurrency market. The decision comes after years of SEC resistance to Bitcoin ETFs, with Chair Gary […]

US Treasury Advocates CBDC Over Stablecoins Amid Growing Concerns

November 1, 2024

New York, Saturday, November 02, 2024- The US Treasury Department recommended that private stablecoins be replaced by a Central Bank Digital Currency (CBDC), citing concerns over the stability of the stablecoin market in its latest report, on October 31.  The Treasury’s 132-page report highlighted the extensive purchase of US Treasury bonds by stablecoin issuers, with […]

US Treasury Labels Bitcoin ‘Digital Gold’ as Price Surges Past $100,000

December 9, 2024

Catenaa, Monday, December 09, 2024-The US Treasury has officially referred to Bitcoin as “digital gold” following its explosive price surge, which recently saw the cryptocurrency cross the $100,000 threshold. The recognition marks a significant shift in the way the US government views Bitcoin, particularly as its market value continues to soar amid growing institutional interest. […]

VanEck Officially Backs Bitcoin as Strategic Reserve

November 20, 2024

Catenaa, Wednesday, November 20, 2024- VanEck, a global asset management firm with $118 billion in assets, has officially endorsed Bitcoin as a strategic reserve asset. Matthew Sigel, head of digital asset research at VanEck, announced the firm’s support in a post on X, aligning with former President Donald Trump’s vision of Bitcoin as the nation’s […]

VanEck Predicts $180K Bitcoin Price in 2025

November 19, 2024

Catenaa, Tuesday, November 19, 2024- Investment management firm VanEck has set an ambitious $180,000 price target for Bitcoin by 2025, citing strong momentum and a lack of technical resistance. The cryptocurrency has surged nearly 30% since the November 5 elections, driven by a pro-crypto sentiment linked to Donald Trump’s presidential victory.  Matthew Sigel, VanEck’s head […]

VanEck Seeks Approval for First US Solana ETF

June 28, 2024

New York, NY, Friday, June 28, 2024-In a move signaling broader acceptance of cryptocurrencies, VanEck, a New York-based investment firm, filed a proposal with the Securities and Exchange Commission (SEC) to launch the first-ever U.S. exchange-traded fund (ETF) for Solana (SOL). The VanEck Solana Trust, if approved, would offer investors direct exposure to SOL, the […]

World Liberty Financial Raises $9M in Token Sale Launch

October 16, 2024

New York, Wednesday, October 16, 2024-World Liberty Financial (WLF), a decentralized finance (DeFi) project backed by former President Donald Trump, has raised $9.15 million on the first day of its public WLFI token sale, reports say. “About 610 million WLFI tokens had been sold as of 7:25 p.m. ET, with 19.4 billion tokens remaining. At […]