Cryptocurrency

Bitcoin mining hardware firm Bitmain says it has expanded its production line to the United States to improve supply chain efficiency, while trade tensions continue to escalate between China and the US. “This strategic move aims to provide faster response times and more efficient services to the North American customers,” China-based Bitmain said in a […]

MicroStrategy Inc. bought another $2.1 billion in Bitcoin while its combination of equity and fixed-income securities sales to finance the rapidly increasing acquisitions draws increased scrutiny. It was the fifth consecutive Monday that the Tysons Corner, Virginia-based firm announced purchases of the digital asset. Co-founder and Chairman Michael Saylor has accumulated Bitcoin now worth more […]

Amazon shareholders at a conservative think tank have sent a proposal to the retail and tech giant, urging it to create a Bitcoin treasury reserve following a record-breaking run for the largest cryptocurrency. In a shareholder proposal dated December 6, The National Center for Public Policy Research asked Amazon to consider holding at least 5% […]

Several key players in President-elect Donald Trump’s new cryptocurrency venture head to Abu Dhabi on Monday for the largest bitcoin gathering in the Gulf region as the digital currency sets record highs. Speakers include the president-elect’s son Eric and billionaire Steve Witkoff, the new White House envoy for the Middle East and co-founder of World […]

All eyes are on Bitcoin (CRYPTO: BTC) after the cryptocurrency breached the $100,000 mark. Many investors think it’s too late to jump in. But according to growth investor Cathie Wood, the best is still to come. In fact, one crypto ETF tracks an investment of hers that Wood believes has more than 1,500% in potential upside over the next few years. […]

While Bitcoin has achieved a historic milestone of $100,000 and garnered support from prominent leaders like President-elect Donald Trump and Russian President Vladimir Putin, Microsoft (MSFT) has yet to decide whether to invest in the cryptocurrency. The tech giant is set to make its decision this Tuesday. On December 10, shareholders of the tech giant […]

It was a long, grueling path for many in the crypto world, but it finally happened: The price of bitcoin crossed the $100,000 mark for the first time. Beyond making bitcoin holders quite happy, given the digital currency has risen more than 50% in the past two months, the milestone reached on Wednesday provided some […]

Bitcoin (CRYPTO: BTC) is having a moment. After starting 2024 off with a bang, the cryptocurrency delivered disappointing performance from March through September. Now, Bitcoin is reaching new heights after rocketing up nearly 80% in the last three months. Although the exact mechanisms of any run are never entirely clear, the recent rise in Bitcoin’s price appears […]

Treasury’s Bitcoin Remarks Ignite Conversations Among Enthusiasts On Saturday, enthusiasts on X buzzed over the Treasury’s comparison of bitcoin to “digital gold.” The report, crafted by the Treasury and the Office of Debt Management, includes a section titled “Trends in digit asset growth and usage.” It emphasizes ongoing efforts to harness blockchain and distributed ledger […]

O’Leary Ventures Chairman Kevin O’Leary says he may have a “new special friend” in Alberta Premier Danielle Smith after she dropped a shiny bitcoin “bomb” during her interview on “Varney & Co.” on Wednesday. When FOX Business host Stuart Varney asked the Canadian politician whether she knew if she was “killing the planet” by exporting […]