Vancouver Mayor Ken Sim has unveiled a groundbreaking proposal to add Bitcoin (BTC) to the city’s financial reserves, citing its potential to protect purchasing power and diversify resources. The motion, which will be discussed by the council on Dec. 11, aims to position the city as a leader in digital asset adoption. The proposal, titled […]
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SOS Limited, a Chinese data mining and technology company, announced on Nov. 27 that its board has approved a $50 million investment in Bitcoin (BTC) to diversify its assets and capitalize on the flagship crypto’s growing strategic significance. The company disclosed that it plans to implement various strategies for the investment, including direct acquisition, quantitative […]
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The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset.
Watford’s collaboration with Cointelegraph reinforces the club’s commitment to crypto, marking a new milestone in its crypto journey, which began in 2019.
Bitcoin’s journey from idea to reality (and near six figures) has been amazing, and Hemi co-founder Jeff Garzik says the network is ready for its next growth stage.
Low-income households in the United States are turning crypto profits into opportunities for homeownership, as revealed by a Nov. 26 report from the Office of Financial Research (OFR), a US Treasury Department research arm. Samuel Hughes, Francisco Ilabaca, Jacob Lockwood, and Kevin Zhao conducted the study based on tax data. It offers a crucial look […]
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Iran’s Central Bank is preparing to launch its own central bank digital currency (CBDC), called the Digital Rial, to modernize its banking infrastructure and enhance financial operations, according to local media reports. Central Bank Governor Mohammad Reza Farzin revealed the plans on Nov. 25 at the 11th Annual Conference on Modern Banking and Payment Systems. […]
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Brazilian lawmaker Eros Biondini introduced legislation proposing the creation of a Bitcoin (BTC) Sovereign Strategic Reserve (RESBit) with an allocation of up to $18.6 billion — equivalent to 5% of Brazil’s international reserves as of September. According to the bill, the RESBit will diversify Brazil’s Treasury assets, protect international reserves against exchange fluctuations and geopolitical […]
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Pantera Capital reported an extraordinary milestone for its Bitcoin Fund, which has grown more than 1,000x since its launch in 2013. The fund’s performance reflects Bitcoin’s (BTC) surging value, now exceeding $90,000 per coin, with a projected long-term trajectory suggesting continued upward momentum. The Pantera Bitcoin Fund launched when Bitcoin was priced at $74, marking […]
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DeFi Technologies, a publicly traded Canadian firm, has announced the launch of its subsidiary Valour Inc.’s new product—the Valour Dogecoin (DOGE) ETP—on the Sweden-based Spotlight Stock Market, according to a Nov. 26 statement. This marks the first Dogecoin ETP in the Nordics, giving investors a secure and simplified way to gain exposure to the popular […]
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XRP Ledger (XRPL) developers have rolled out a new server update to address a recent temporary outage that disrupted node operations. Network outage On Nov. 25, XRPL experienced a partial network outage that impacted several node types, including Full History, Current Ledger, Pathfinding, and Submission nodes. The issue stemmed from a missing ledger that caused […]
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Cardano blockchain founder Charles Hoskinson has shared a vision of building an “ecosystem of hybrid apps powered by DeFi-enabled Bitcoin.” In a Nov. 26 post on X (formerly Twitter), Hoskinson highlighted his renewed interest in Bitcoin’s foundational code while noting that adding a DeFi layer to the top digital asset could restore its innovative edge. […]
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Online video platform Rumble and Canadian wellness company Jiva Technologies have joined the growing number of firms adopting Bitcoin as part of their corporate treasury strategy this year. Their decisions reflect a broader trend of institutional interest in the top crypto as businesses seek alternatives to traditional financial assets. Market observers noted that these moves […]
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Polygon Labs CEO Marc Boiron has attributed the network’s struggles with broader adoption in the space to racial prejudice against its co-founder, Sandeep Nailwal. In a Nov. 25 post on X, Boiron suggested that Nailwal’s Indian heritage has led to biases that hinder Polygon’s recognition despite its substantial usage across the blockchain industry. He wrote: […]
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Ripple has launched the first tokenized money market fund on the XRP Ledger (XRPL) through a partnership with UK-based firms Archax and Abrdn, according to a Nov. 25 statement. This initiative involves Abrdn managing the fund as part of its £3.8 billion US Dollar Liquidity Fund (Lux). Ripple has committed to investing $5 million in […]
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Pump.fun, the decentralized memecoin generation and promotion platform on Solana, is experiencing a rise in live-streaming NSFW content as memecoin creators incorporate adult-themed material into their tokens. The platform, launched in Jan. 2024, enables users without coding skills to create and trade memecoins swiftly, contributing to its rapid growth. Per a CryptoSlate analysis, creators on […]
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El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country’s volcanoes to miners. The idea, shared in a Nov. 25 social media post on X (formerly Twitter), suggests that miners could tap into the geothermal energy produced by these natural wonders for […]
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Newmarket Capital has completed a loan that combines traditional real estate financing with Bitcoin collateral, introducing a novel approach to lending reported on CNBC’s “Squawk Box” on Nov. 22. The loan refinances a 63-unit multifamily property in Philadelphia and incorporates 20 Bitcoin into the collateral package. The transaction allows the property’s sponsor to repay the […]
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The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day.
Charles Schwab Corp. is gearing up for a foray into the spot crypto market, signaling a strategic pivot for the financial giant in anticipation of regulatory clarity. Incoming CEO Rick Wurster disclosed the company’s plans during a Bloomberg Radio interview on Nov. 21, emphasizing Schwab’s readiness to capitalize on evolving regulations. Wurster said: “We will […]
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A recent ruling by the Shanghai Songjiang People’s Court has clarified that owning cryptocurrencies is not illegal in China. The Nov. 18 judgment established that digital assets have “property attributes” under Chinese law. However, their use is strictly limited to personal ownership and as commodities, not as legal tender or investment tools. Judge Sun Jie […]
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The latest episode of the Hashing It Out podcast explores how crypto cash-back rewards are driving Web3 adoption by bridging traditional commerce and blockchain technology.
Cardano founder Charles Hoskinson has suggested Coinbase CEO Brian Armstrong as a top candidate for the proposed crypto policy role in Donald Trump’s second administration. In a Nov. 20 post on X, Hoskinson outlined key qualifications for a “Crypto-Czar,” emphasizing neutrality, collaboration across protocols, and a firm grasp of crypto’s unique value. He also criticized […]
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The privacy and security risks of biometric IDs demand builders consider modular privacy applications or face real-world vulnerabilities.
MicroStrategy has increased its convertible debt offering to $2.6 billion, up from its original $1.75 billion target, according to a Nov. 20 statement. The firm stated that the proceeds from this offering will fund additional Bitcoin acquisitions and other corporate needs. Offering details The convertible notes will be sold privately to institutional buyers under Rule […]
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Michael Saylor, prominent Bitcoin advocate and founder of MicroStrategy, will present a Bitcoin investment strategy to Microsoft’s board of directors next month. In a Nov. 19 VanEck-hosted X Space, Saylor shared that he has been allotted three minutes to make a case for Bitcoin investment to Microsoft’s board of directors. While Saylor agreed to the […]
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The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink, according to a Nov. 19 statement. The partnership aims to support trade finance solutions in the second phase of Brazil’s DREX pilot program. This phase will focus on automating […]
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Rumble shares soared after the bell as its CEO Chris Pavlovski said he’s considering adding Bitcoin to the video streaming firm’s balance sheet.
Bitcoin analysts and traders have long dreamed of a $100,000 BTC price, but what would the achievement mean for derivatives markets?
Three publicly traded companies — Thumzup Media Corporation, Solidion Technology, and Genius Group — are gaining attention by incorporating Bitcoin into their treasury reserves. These firms, each with a market capitalization under $50 million, are making bold moves as Bitcoin continues to attract interest from both retail and institutional investors following its recent surge to […]
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