Tag: Bitcoin

Bitcoin hits $100k for the first time as bull run continues

Bitcoin reached the milestone on December 5 Over the past 30 days, Bitcoin has increased in value by nearly 50% and 140% in YTD value It comes as President-elect Donald Trump named Paul Atkins as the next US SEC chair Bitcoin has reached a new all-time high, hitting $100,000 for the first time, continuing its […]

Sir Richard Branson’s Virgin Voyages becomes first cruise line to accept Bitcoin payments

Virgin Voyages becomes the first cruise line to accept Bitcoin for bookings. Passengers can use Bitcoin to book for cruises including the upcoming Virgin Voyages’ Annual Pass. Virgin Voyages targets younger travellers with crypto adoption in a competitive market. Virgin Voyages, the innovative cruise line founded by Sir Richard Branson, has announced that it now […]

Michael Saylor urges Microsoft to adopt Bitcoin, says it represents digital capital

Michael Saylor said Bitcoin represents the “greatest digital transformation of the 21st century” Saylor believes it “makes sense” for Microsoft to buy and hold Bitcoin rather than buy stock back or hold bonds Over the past five years, Saylor said that Microsoft has surrendered hundreds of billions of dollars of capital Michael Saylor has told […]

Vancouver mayor proposes Bitcoin as city reserve asset for stability

Vancouver Mayor Ken Sim proposes Bitcoin as a reserve asset to protect purchasing power. Jeff Booth supports Ken Sim’s proposal, recognizing Bitcoin’s potential as a strategic asset. Former USA CFTC Chairman Giancarlo advocates for Bitcoin reserves, likening it to gold. Vancouver Mayor Ken Sim has introduced a bold proposal to explore Bitcoin as a reserve […]

Bitcoin reserve bill introduced in Brazil

Bitcoin adoption could get another boost from Brazil. This is after a Brazilian Congressman introduced a bill proposing adoption of BTC as national reserve asset. US lawmakers are also pushing for a Bitcoin strategic reserve. A Congressman in Brazil has introduced a Bitcoin reserve bill, adding the country to a growing list of nations looking […]

Cboe to launch first cash-settled Bitcoin index options

Cboe to launch cash-settled Bitcoin index options based on the CBTX index on Dec 2. The options will offer indirect exposure to Bitcoin via US spot Bitcoin ETFs. Mini options and customizable FLEX options will also be available at launch. Cboe Global Markets, a leader in the derivatives and securities exchange network, has announced plans […]

US spot Bitcoin ETFs hit $30 billion in combined net inflows since January launch

BlackRock’s IBIT attracted the most at over $600 million followed by Fidelity’s FBTC with $301 million The 12 spot Bitcoin ETFs have brought in a combined $30.35 billion since launching in January US spot Bitcoin exchange-traded funds (ETFs) took in $1 billion in daily total net inflows yesterday as Bitcoin inched closer to the $100k […]

Bitcoin gets within touching distance of $100K as rally continues

Bitcoin’s new price follows after it hit $98,000 yesterday Analyst Skew said there is “positive market signal” and that there is “a lot of aggregate spot supply around $100k” Bitcoin came within touching distance of $100,000 on November 22 as the asset continues its bull run since the beginning of November. Bitcoin nears $100,000. Source: […]

Bitcoin tops $98,000 as rally gains momentum

Bitcoin has jumped to $98,370, its highest-ever price as bulls target $100,000. The flagship cryptocurrency has rallied higher since Donald Trump’s re-election on Nov. 5 Bitcoin’s march towards $100,000 continued Thursday as the benchmark crypto asset broke past $98,000 for the first time ever. Having hit $97k earlier in the day, BTC showed no mercy […]