Why Is Bitcoin Up Today?
Why is Bitcoin up today? Bitcoin’s recent rise to $93,000 was driven mainly by optimism in the crypto community following the U.S. election results. President-elect Donald Trump’s victory brought new…
$3.38B Bitcoin Options and $572M Ethereum Options Expire Tomorrow
Key Points Over $3.96 billion in Bitcoin and Ethereum options will expire tomorrow. BTC is trading above $90,000 and ETH above $3,200. In a very bullish crypto market, over $3.96…
Pennsylvania House of Representatives Proposes Bill to Hold Bitcoin as a State Reserve Asset
The Pennsylvania House of Representatives introduced a bill today that, if passed, would allow the state to hold Bitcoin as a reserve asset on its balance sheet. This legislative move…
Goldman Sachs Holds $710M in Bitcoin ETFs, With Largest Exposure in BlackRock’s IBIT
Key Points Goldman Sachs’ latest reports show holdings of $710 million across various BTC ETFs. The bank’s largest exposure is in BlackRock’s IBIT, at 12.7 million shares worth $461 million.…
Top Potential Upcoming Crypto Changes in 2025
Key Points JPMorgan analysts are anticipating six crypto-related changes starting next year. Despite their prediction of a low probability of a Strategic Bitcoin Reserve, the crypto industry pushes forward. JPMorgan…
Polish Presidential Candidate Vows to Create a Strategic Bitcoin Reserve
Key Points The Polish Presidential candidate revealed in 2023 that he invested funds in Bitcoin. BTC is currently trading at $92,000. Polish presidential candidate Slawomir Mentzen vowed to adopt a…
MARA Announces $700M Convertible Notes Offering to Fund Growth and Bitcoin Acquisitions
MARA Holdings, Inc. (NASDAQ: MARA), a global leader in digital asset computing, has announced its intention to raise $700 million through a private offering of convertible senior notes due 2030.…
MicroStrategy Bought $4.6B in Bitcoin Last Week
Key Points MicroStrategy’s Form 8-K with the SEC revealed the latest BTC purchase between November 11-17. As of November 17, MicroStrategy held 331,200 BTC, totaling around $16.5 billion. MicroStrategy bought…
Romanian Parliament Exempts Crypto Gains From Income Taxes Until July 31, 2025
Key Points Gains from crypto in Romania will be exempt from the 10% income tax. If gains exceed 6, 12, or 24 minimum wages, individuals will have to pay only…
Bitcoin Hit a New ATH at $93,900, Amidst BlackRock’s IBIT Options Trading Record-Breaking Debut
Key Points IBIT’s day 1 of options trading was close to $1.9 billion in notional exposure traded via 354,000 contracts. Grayscale will roll out options trading for BTC ETFs, amidst…