Source: Cointelegraph New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience. A newly proposed bill in Brazil’s Congress plans to establish a sovereign federal Bitcoin Reserve, potentially reshaping the country’s approach to digital assets. The bill was introduced on Nov. 25 by Congressman Eros Biondini and seeks… Continue reading Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risks
Tag: Bitcoin
Bitcoin ETFs Attract Record $3.13 Billion in Weekly Inflows Amid $100K Price Surge Hopes
Source: CoinMarketCap Bitcoin investment products experienced a surge in net inflows, reaching $3.12 billion between Nov. 18 and 22, according to CoinShares. Bitcoin investment products experienced a surge in net inflows, reaching $3.12 billion between Nov. 18 and 22, according to CoinShares. This marks a 102% increase compared to the $1.67 billion from the prior… Continue reading Bitcoin ETFs Attract Record $3.13 Billion in Weekly Inflows Amid $100K Price Surge Hopes
MicroStrategy expands Bitcoin holdings with $5.4B purchase
Source: Cointelegraph MicroStrategy acquired 55,000 Bitcoin for $5.4 billion, boosting its holdings to 386,700 BTC amid bullish institutional sentiment. MicroStrategy, a publicly traded business intelligence and software firm, reported a substantial expansion of its Bitcoin holdings in a filing on Nov. 25. The company acquired about 55,000 Bitcoin (BTC) for $5.4 billion between Nov. 18… Continue reading MicroStrategy expands Bitcoin holdings with $5.4B purchase
US Election Optimism Fuels $2.2B inflows in crypto products
Source: Cointelegraph CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US. Cryptocurrency investment products recorded their biggest inflows since July, hitting the $2.2 billion weekly mark, according to crypto investment firm CoinShares. Digital investment products continue on a… Continue reading US Election Optimism Fuels $2.2B inflows in crypto products
Ledger hardware wallet expands crypto buying options with Uphold’s Topper
Source: Cointelegraph Topper’s on-ramp entrance to Ledger Live comes at a time when Ledger supports only one off-ramp solution. Ledger, a leading hardware cryptocurrency wallet provider, is expanding its cryptocurrency purchasing options within its app through a new partnership with Uphold’s Topper. Ledger has integrated the fiat-to-crypto on-ramp Topper by the United States Web3 financial… Continue reading Ledger hardware wallet expands crypto buying options with Uphold’s Topper
Kamala Harris wants the US to ‘remain dominant’ in blockchain
Source: Cointelegraph Democratic presidential nominee Kamala Harris made another public statement about digital assets during a Wednesday speech at the Economic Club of Pittsburgh. Kamala Harris has made her first public statement in favor of protecting crypto, saying she wants the United States to “remain dominant” in blockchain, artificial intelligence, and other nascent technology industries.… Continue reading Kamala Harris wants the US to ‘remain dominant’ in blockchain
BlackRock’s Bitcoin ETF options to trigger GME-like gamma squeeze
Source: Cryptopolitan In this post: BlackRock’s Bitcoin ETF options got approved by the SEC but could trigger a massive price rally similar to GameStop’s 2021 gamma squeeze. The options still need clearance from the OCC and CFTC before they hit the market, but institutions are already super interested. With Bitcoin’s supply being only 21 million,… Continue reading BlackRock’s Bitcoin ETF options to trigger GME-like gamma squeeze
Puma partners with Web3 mobile game in ‘pivotal moment’ for mainstream adoption
Source: Cointelegraph Puma’s latest partnership could be a “pivotal moment for mainstream crypto adoption” and play-to-earn gaming. Puma, the global sports brand giant, continues its journey into blockchain with its latest partnership in Web3 gaming. The German footwear conglomerate has partnered with Web3 mobile game UNKJD Soccer to leverage Puma-licensed content within the game. Through… Continue reading Puma partners with Web3 mobile game in ‘pivotal moment’ for mainstream adoption
PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption
Source: Cointelegraph The new integration may bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption. ENS Labs’ recent partnership with PayPal and Venmo could significantly boost crypto payment adoption and help the industry reach the first billion crypto holders. Ethereum Name Service (ENS), which offers Web3,… Continue reading PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption
Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management
Source: BTC Times Hong Kong’s spot Bitcoin ETFs have reached over HK$2 billion ($272M) in AUM, highlighting growing institutional interest in Asia. Hong Kong’s three spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over HK$2 billion (approximately $272 million) in assets under management since their launch earlier this year. This follows Hong Kong’s approval of… Continue reading Hong Kong Bitcoin ETFs Reach HK$2 Billion in Assets Under Management
