Central bank governor Aleš Michl recently stated that he is considering investing in Bitcoin as part of the bank’s diversification strategy. The governor of the Czech National Bank, Aleš Michl, suggested the possibility of including Bitcoin in the country’s foreign exchange reserves, highlighting growing governmental interest in cryptocurrency as a potential savings technology. In an […]
Ohio, U.S., Joins Jurisdictions Considering Incorporating Bitcoin into Its Reserve
A lawmaker in the Ohio House of Representatives has introduced a bill proposing the creation of a Bitcoin fund within the state treasury, making Ohio the third U.S. state to explore such an initiative. Ohio Enters the Bitcoin Debate In Ohio, Representative Derek Merrin introduced House Bill 703, also known as the “Ohio Bitcoin Reserve […]
Japanese Lawmakers Call for Creation of Bitcoin Reserves and Adoption of Innovative Policies Inspired by DOGE
Japan is the most recent country to be called upon to study the feasibility of setting up a Bitcoin Strategic Reserve. This proposal comes in the wake of global interest in Bitcoin reserves gaining momentum, particularly in the wake of Donald Trump’s election victory in the United States. Japan Explores Bitcoin Reserves On December 11, […]
Microsoft Rejects Bitcoin: Shareholders Decline Proposal to Allocate Cryptocurrency to Treasury
Microsoft is not ready to incorporate Bitcoin into its corporate treasury, as shareholders voted against a proposal influenced by Michael Saylor’s recommendations and the success of his company, MicroStrategy. The tech giant, best known for its Windows operating system, has opted not to invest in Bitcoin. During a shareholder meeting on Tuesday, Microsoft’s partners voted […]
Amazon Shareholders Urge Company to Invest 5% in Bitcoin
Amazon shareholders are urging the company to consider investing 5% of its treasury assets into Bitcoin, mirroring the approach adopted by MicroStrategy to hedge against fiat inflation and enhance shareholder value. The proposal was submitted by the National Center for Public Policy Research (NCPPR), a think tank that promotes free-market principles, and has been widely […]
Bitcoin Hits New High of $75,000 Following Trump’s Presidential Win
The leading cryptocurrency has reached a new all-time high near $75,000 as Donald Trump was confirmed as the winner of the U.S. presidential election. Trump was elected as the 47th president of the United States, marking a remarkable political comeback for the former president, who previously refused to accept defeat, incited an insurrection at the […]
Cardano and Bitcoin: A Revolution in the Making?
In a recent YouTube “Ask Me Anything” (AMA), Charles Hoskinson, co-founder of Cardano (ADA) and Ethereum (ETH), surprised his audience by discussing a potential revolutionary integration between Cardano and Bitcoin (BTC). During the November 2 event, Hoskinson reflected on the possibility of establishing a “trustless bridge” between the two networks, enabling unprecedented interoperability. Hoskinson noted […]
Bitcoin Options Traders Eye $80,000 in November
Bitcoin (BTC) options traders are targeting a price of $80,000 for the last days of November, regardless of the outcome of the U.S. presidential election. Open interest (OI) for Bitcoin call contracts expiring at the end of November is concentrated around $80,000, according to data from cryptocurrency exchange Deribit, cited by Bloomberg. The expiration date […]
Elon Musk’s Tesla Moves $760 Million in Bitcoin, Raising Fears of a Massive Liquidation
The cryptocurrency community is abuzz with rumors following Tesla’s transfer of a sizable portion of its Bitcoin (BTC) holdings. More than 11,500 BTC were transferred from wallets linked to the electric car giant to unknown addresses, raising concerns about a potential liquidation. However, despite these transactions, there are no clear indications that Tesla intends to […]
Japan Plans to Update Cryptocurrency Rules and Allow Bitcoin ETFs
Japan’s financial regulators are considering reviewing and updating their existing rules for the cryptocurrency sector to make them less stringent, according to recent reports. Bloomberg reported on Monday, citing an anonymous Financial Services Agency (FSA) official, that Japan is contemplating changes to its cryptocurrency regulations. The reform of Japanese regulations is expected to take place […]