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Lummis unveils the BITCOIN Act to establish strategic BTC reserve for the US
Following her announcement of a historic proposal to supercharge the US dollar and pay down the national debt by establishing a strategic Bitcoin reserve, US Senator Cynthia Lummis (R-WY) officially introduced the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act” in the Senate on July 31. Read more
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Day One Highlights from the Bitcoin 2024 Nashville Conference
Bitcoin 2024 is underway in Nashville, here are some of the highlights from Day 1. Read more
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Did You Know Bitcoin Almost DIED?
Learn about what was perhaps the most devastating bug that Bitcoin has faced in its lifetime. Read more
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TeraWulf announces plans to scale Bitcoin mining, AI operations
Bitcoin (BTC) miner TeraWulf announced it has fully satisfied its debt obligations and plans to scale up its operations. Read more
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Australia to Get Second Spot Bitcoin ETF on ASX
Perth-based crypto fund manager DigitalX said Monday it has received regulatory approval to begin listing its spot Bitcoin exchange-traded fund on the country’s largest stock exchange as early as this week. Read more
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Bitcoin’s Future Looks Uncertain as Bearishness Spreads
Bitcoin’s future looks uncertain and has been in a downtrend since the beginning of June, unable to gain upward momentum despite positive ETF inflows. Read more
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Mid-sized Bitcoin transactions rise, reflecting market maturation and retail growth
Bitcoin’s relative transfer volume, when adjusted by entity and categorized by transfer size, exhibits nuanced trends across varying transaction bands. In January 2024, transfers under $1,000 constituted a minor portion of overall activity. Notably, transactions between $1,000 and $10,000 experienced a slight increase, reflecting incremental retail participation. Read more
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Nasdaq just notched its seventh straight record high — why hasn’t Bitcoin budged?
The Nasdaq Composite is on a tear, having just made its seventh consecutive day of record highs. The Dow Jones Industrial Average and the S&P 500 have enjoyed similar highs, thanks to chipmaker Nvidia and investor frenzy around artificial intelligence. Bitcoin, however, has failed to tag along. Read more
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Best Ways to Earn Passive Income With Crypto in 2024: Cloud Mining
The idea of digital finance has been completely transformed by Bitcoin and other cryptocurrencies, which have brought safe, decentralized ways to transfer money around the world. Cloud mining is a major innovation that facilitates this ecosystem by enabling anyone to participate in the mining process without requiring a lot of hardware or technical knowledge. Read more
