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Archive: News

News

Ethiopia Taps Hydroelectric Power for Bitcoin Mining Revenue

Ethiopia is leveraging its hydroelectric power, particularly from the Grand Ethiopian Renaissance Dam (GERD), ...

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North Korean Cyber Group Linked to $308 Million Bitcoin Heist

Japanese and U.S. authorities have linked North Korean cyber actors, the TraderTraitor group, to ...

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MicroStrategy Invests Additional $561 Million in Bitcoin

MicroStrategy has extended its Bitcoin buying spree for the seventh straight week, further cementing ...

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El Salvador to Phase Out Chivo Bitcoin Wallet as Part of $1.4B IMF Deal

El Salvador will shut down or sell its state-backed Bitcoin wallet, Chivo, as part ...

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Self-Proclaimed Bitcoin Creator Craig Wright Sentenced to 1 Year in Prison

Craig Wright, the Australian computer scientist who claims to be Bitcoin’s creator, Satoshi Nakamoto, ...

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MicroStrategy’s Nasdaq-100 Debut Sparks Bitcoin Buzz

MicroStrategy (MSTR.O) will join the Nasdaq-100 Index on December 23, 2024, following a sixfold ...

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How High Will XRP, DOGE, and SUI Go in 2025? Toobit’s Expert Insight and Prediction

Cryptocurrency enthusiasts and investors are always on the lookout for the next big move ...

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Pay Less Tax on Your Crypto Gains in the UK—The Legal Way

Cryptocurrency has revolutionised the way we think about finance, offering exciting opportunities for investment ...

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Australia Takes Action Against Non-Compliant Crypto ATMs

The Australian Transaction Reports and Analysis Centre (AUSTRAC) issued a warning to crypto ATM ...

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Bitcoin Makes Groundbreaking $100,000 Milestone

Bitcoin (BTC), the largest cryptocurrency by market cap, has reached a historic high, trading ...

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Michael Saylor Advocates Bitcoin Strategy to Microsoft

Michael Saylor, Executive Chairman of MicroStrategy, has proposed that Microsoft adopt Bitcoin as a ...

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Hong Kong Offers Crypto Tax Breaks for Hedge Funds

Hong Kong plans to waive taxes on investment gains from cryptocurrencies and other alternative ...

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Swiss Lawmakers Eye Bitcoin for Power Grid Revolution

Swiss lawmaker Samuel Kullmann secured a significant 85:46 parliamentary vote for a study on ...

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Brazilian Lawmaker Pushes for National Bitcoin Reserve

A Brazilian congressman has proposed the creation of a strategic sovereign Bitcoin reserve (RESBit) ...

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Bitcoin (BTC) Stalls Under $100,000: Breakout Looms

Bitcoin approached the $100,000 milestone on Friday, coming within $300 of the symbolic level, ...

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US spot Bitcoin ETFs Skyrockets to $30 billion as $100,000 looms

U.S. spot Bitcoin ETFs have surpassed $30 billion in cumulative net inflows since their ...

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MicroStrategy Raises $3 Billion for Bitcoin as Price Tops $99,000

MicroStrategy has completed a $3 billion offering of 0% convertible senior notes, increasing the ...

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MicroStrategy Expands Bitcoin Holdings by $4.6 Billion

MicroStrategy continues its aggressive Bitcoin acquisition strategy under Michael Saylor, increasing its holdings to ...

Crypto Trading
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Goldman Sachs Reveals $710 Million Bitcoin Investment via ETF

Goldman Sachs has revealed $710 million in Bitcoin holdings through various exchange-traded funds (ETFs), ...

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Swiss Bank Sygnum Reports 60% of Institutions Going Long on Crypto

Sygnum Bank’s recent survey reveals that institutional investors are increasingly focusing on crypto’s long-term ...

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Crypto Market Cap Reaches New Peak at $3.1 Trillion

The cryptocurrency market has hit a record $3.12 trillion in total capitalization, surpassing its ...

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