TLDR DOJ Approved Selling 69,370 Bitcoin (~$6.5B) From Silk Road Seizure The federal judge issued his decision on December 30 Battle Born Investments was unsuccessful in blocking the sale Assets originally submitted by “Individual X” Battle Born’s FOIA request to…
Key takeaways The US Department of Justice was authorized to sell 69,370 Bitcoin seized from Silk Road. Battle Born Investments opposed the sale but failed to block it. The US Department of Justice (DOJ) has received court approval to sell…
Phoenix Group, a crypto company based in the United Arab Emirates, is pushing hard to enter the US market. In a recent press release, the company said that its latest 50MW Bitcoin mining facility in North Dakota was now fully…
TLDR Bhutan’s Gelephu Mindfulness City (GMC) has announced plans to include Bitcoin, Ethereum and BNB in its strategic reserves, making it one of the first jurisdictions to do so GMC will focus on buying digital assets with large market capitalizations…
TLDR Bitcoin experienced a sharp decline from its December peak of $108,000, currently trading below $98,000 with continued downward pressure The price drop coincides with a strengthening US dollar and unexpected market reactions to the Federal Reserve’s rate cuts Key…
TLDR Robert Kiyosaki, author of “Rich Dad Poor Dad”, has bought additional Bitcoin after it reached $100,000, expressing confidence in potential growth to $175,000 – $350,000 by 2025 His investment strategy includes diversification across Bitcoin, silver and gold, citing concerns…
Bhutan’s Gelephu Mindfulness City, also known as the World the first city of consciousnesswants to add Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) to its strategic reserves, according to a statement released on December 8. GMC is positioning itself as…
TLDR Bitcoin fell from $102,000 to $96,145 within 24 hours, marking a 5.7% decline The drop coincided with US Treasury yields hitting an eight-month high of 4.685% Bitcoin ETF inflows fell 94% to $52.9 million, down from $987 million the…
TLDR Japanese firm Metaplanet aims to grow Bitcoin holdings from 1,762 BTC to 10,000 BTC by the end of 2025, using debt, equity and convertible bonds The company made its largest purchase of 619.7 BTC ($60 million) in December 2024,…
Key Takeaways The price of Bitcoin fell below $92,000, resulting in over $1 billion in liquidations within 24 hours. Bitcoin quickly recovered to $96,500 after falling 10% from its all-time high. Bitcoin briefly dipped below $92,000 today, marking a sharp…
