Bitcoin News

United Arab Emirates Amasses $700 Million In Bitcoin Via Citadel Mining Company Backed By Royal Group

The United Arab Emirates has been identified as one of the largest government-level holders of Bitcoin, with around 6,333 BTC worth over $700 million.  According...

Semiconductor Company Sequans Launches $200M ATM Plan To Grow Bitcoin Holdings

French chipmaker Sequans Communications filed on Monday for a $200,000,000 at-the-market (ATM) equity program to back its Bitcoin treasury plan, the company said. https://twitter.com/Sequans/status/1960095715717448029 The Paris-based...

Strategy Buys Bitcoins Worth $357M, Growing its Treasury to 632,457 BTC As Bitcoin Price Plummets

Michael Saylor's company, Strategy, has reinforced its position as the world's largest public holder of Bitcoin by acquiring 3,081 BTC worth around $356.9 million...

Bitcoin Falls To $111k After A Whale Offload 24k BTC to Buy ETH Driving Ethereum To $4,950 ATH

Bitcoin's price has declined to $111,935 after a whale's constant sell-offs sent shockwaves through the market.  As blockchain monitoring reports highlight, a situation unfolded where...

Philippines House Proposes New Bill To Create A Strategic Bitcoin Reserve

The Philippines is taking action towards implementing Bitcoin (BTC) as part of its national financial strategy.  On August 22nd, Camarines Sur Representative and House Committee...

Bitcoin Whale With 100,784 BTC Sells Part Stash For 62,914 ETH After 7 Years And Opens 135,265 ETH Long Position

A dormant Bitcoin whale known as a "Bitcoin OG" has awoken after seven years and moved a significant portion of their Bitcoin stash over...

Crypto Scammer Impersonates Senior UK Police Officer & Steals $2.8 Million Worth Of Bitcoin

UK police are investigating an elaborate cryptocurrency scam in which a fraudster impersonated a ranked police officer and stole £2.1 million ($2.8 million) worth...

Bitcoin Whale With 14,837 BTC Worth $1.69B Holding Sells 670.1 BTC After 7-Years To Open $ETH Long Position

A long-time Bitcoin whale, who held 14,837 BTC (worth $1.69 billion) for more than seven years, has finally moved.  The whale did sell 670.1 BTC...

SoFi To Use Bitcoin Lightning and UMA For Low-Cost International Transfers Starting In Mexico

SoFi Technologies will let customers send money overseas using Bitcoin and a Universal Money Address, the company said on Tuesday. The move makes SoFi...

Cathie Wood’s Ark 21Shares Sells 559.85 Bitcoin Worth $64.4 Million In Recent Trade

Ark 21Shares sold 559.85 BTC, valued at $64.4 million, in a recent transaction, the firm reported. The move was carried out by Ark 21Shares,...
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Greenidge, N.Y. Bitcoin-Mining Site Catches Fire, Operations Temporarily Halted After Electrical Switchgear Failure

A major US Bitcoin miner, Greenidge Generation Holdings, reported...

China’s Social Media Platforms And Marketplaces Get Flooded With Crypto Recruitment Links That Target Young Users

Social platforms popular with younger users, including Xiaohongshu, Taobao,...

Terminal Finance Discontinues Terminal Project After Converge Chain Fails To Launch

Terminal Finance said on X(Twitter) it won't be launching...

Kalshi Faces Class Action Lawsuit Over Alleged Unlicensed Sports Betting And Deceptive Practices

A group of clients has sued Kalshi Inc., alleging...