Bitcoin ETFs Experience Record $17 Billion in Net Inflows in 2024
In a landmark achievement for the cryptocurrency market, U.S. Bitcoin spot exchange-traded funds (ETFs) have collectively garnered over $17 billion in net inflows year-to-date. This surge underscores the growing acceptance and integration of Bitcoin into…
Bitcoin Futures Market Sees Significant Activity
The Bitcoin futures market is currently experiencing substantial activity, with Coinglass reporting a total of 548,700 BTC, valued at approximately $36.861 billion, in futures contracts across the entire network. This significant volume underscores the…
Metaplanet’s Bold Bitcoin Investment Sparks Stock Surge
In a strategic move that has captured the attention of the financial world, Metaplanet has recently invested a substantial $6.3 million in Bitcoin. This significant acquisition has not only bolstered the company’s cryptocurrency holdings but also had a…
Bitcoin’s Recovery Stalls: Key Support Levels to Watch
Bitcoin (BTC) recently faced significant resistance at the $58,500 level, failing to initiate a recovery wave. This resistance zone has proven to be a critical barrier, preventing BTC from gaining upward momentum. As a result, Bitcoin has entered another…
German Government’s Bitcoin Sell-Off Sparks Political Backlash
The German government’s ongoing sale of its substantial Bitcoin holdings has ignited a wave of criticism from local politicians, who argue that the move is both economically short-sighted and strategically flawed. Since June 19, the German government has…
Former US Congresswoman Tulsi Gabbard to speak at Nashville Bitcoin 2024
As the world of cryptocurrency continues to expand, the Nashville Bitcoin 2024 conference is set to become a pivotal event in the digital currency calendar. Among the esteemed speakers, former U.S. Congresswoman Tulsi Gabbard is scheduled to address the…
US Congressman Matt Gaetz Introduces Bill to Enable Bitcoin Tax Payments
The U.S. Congressman Matt Gaetz has introduced a bill that could revolutionize the way Americans pay their federal income taxes. The proposed legislation aims to allow taxpayers to settle their tax obligations using Bitcoin, the world’s most popular…
Louisiana Passes a Bill to Protect Bitcoin Usage Rights and Prohibit CBDCs
The state of Louisiana has taken a significant step in recognizing and legitimizing the use of Bitcoin by passing a new bill. Led by Representative Mark Wright and backed by Senator Jean-Paul Coussan, this legislation aims to protect the rights of…
The Hong Kong Bitcoin Spot ETF holds 4,064 BTC, totalling $282 million
The landscape of cryptocurrency investment in Hong Kong has been revolutionized with the introduction of the Bitcoin Spot Exchange-Traded Fund (ETF). As reported by Odaily on June 14, the ETF’s holdings have reached a remarkable 4,064 BTC, translating to…
Japanese Hotel and Hospitality Services Company Metaplanet Acquires Additional 23.35 Bitcoin
Metaplanet, a prominent Japanese hotel and hospitality services company, has made waves in the crypto world by acquiring an additional 23.35 Bitcoin (BTC) worth approximately $1.6 million. This move underscores the growing institutional interest in…