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Federal Reserve Cuts Interest Rates by 50 Basis Points to Address Economic Uncertainty

The Federal Reserve lowered interest rates by 50 basis points today, marking the first significant cut in over four years.

BusinessUncategorized

BlackRock Releases a New Report, “Bitcoin: A Unique Diversifier”

BlackRock released a new report explaining why Bitcoin is a unique portfolio diversifier detached from other assets. The world's largest asset manager continues...

BusinessUncategorized

MicroStrategy Announces $700 Million Raise To Redeem Senior Secured Notes and Buy Bitcoin

MicroStrategy will use the net proceeds from this offering to redeem Senior Secured Notes due 2028 and to acquire additional bitcoin.

Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining
BusinessUncategorized

Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining

Bhutan’s growing Bitcoin empire revealed, with over $780 million in BTC acquired through extensive mining operations powered by the nation’s renewable energy resources.

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Bitcoin Surges to $60,000 as Markets Brace for Potential Fed Rate Cut

Bitcoin touches $60,000 ahead of a potential interest rate cut by the Federal Reserve, signaling market optimism amid falling reported inflation data.

BusinessUncategorized

MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin

MicroStrategy purchased an additional 18,300 bitcoins for $1.11 billion, boosting its total Bitcoin trove to 244,800 BTC acquired for $9.45 billion. The company...

BusinessUncategorized

Bitcoin and Crypto Exchange HTX To Integrate Lightning Network

One of the leading Bitcoin and crypto exchange HTX announced integration of Bitcoin's Lightning Network to enable faster, cheaper payments.

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Trump Election Victory Could Send Bitcoin to $125,000, Says Standard Chartered Analyst

A Trump win could fuel a Bitcoin rally, though new all-time highs are expected regardless of the 2024 election outcome.

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UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property

The new legislation aims to provide legal clarity and protection for Bitcoin and digital asset owners.

BusinessUncategorized

Bitcoin Mining Difficulty Hits Record 92 Trillion

The Bitcoin mining difficulty hit a record high of 92.67 trillion on September 11, displaying intensifying competition on the network. The rise indicates...