VanEck has predicted that the United States could reduce its national debt by $21 trillion in the next 24 years. The firm’s analysts believe that this could be achieved by creating a one million Bitcoin […]
Asset manager VanEck has stated that a Strategic Bitcoin Reserve could help mitigate the US’ growing debt, which currently stands at $36 trillion. To explore the potential effects of this idea, the firm has developed […]
Litecoin (LTC), ranked #15 on the list of largest cryptocurrencies by market cap, has been flexing its muscles lately, growing its value by 46% in slightly over two weeks. The asset, often overshadowed by flashier […]
The institutional adoption of Bitcoin exchange-traded funds (ETFs) has experienced an unprecedented surge in the past 11 months, underscoring a tectonic shift in the way traditional investors interact with digital assets. Bitwise data indicates that […]
As companies face stagnation and declining revenues, some turn to an unconventional strategy to regain investor interest—buying Bitcoin (BTC). Firms are now trying to emulate MicroStrategy (now Strategy), whose Bitcoin accumulation commitment continues to place […]
Bloomberg’s senior ETF analyst Eric Balchunas has stated that while BlackRock’s iShares Bitcoin Trust ETF (IBIT) has done well since its launch last year, it faces several challenges going forward. This assessment comes amid recent […]
There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4 billion, significantly outpacing the $16 […]
HK Asia Holdings announced the purchase of one Bitcoin on February 13, calling this investment “symbolic in scale.” Following the public announcement, the company’s stocks surged by 93% between February 13 and 17. This increase […]
The mystery surrounding the identity of Bitcoin’s elusive creator, Satoshi Nakamoto, has taken another unexpected turn. New speculation links Twitter co-founder and Block CEO Jack Dorsey to the pseudonymous figure. This theory is fueled by […]
The U.S. Bitcoin mining industry has generated over 31,000 jobs and contributed more than $4.1 billion in gross product annually. According to a report by The Perryman Group, most of the industry is concentrated in […]
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