Medical device company Semler Scientific announced it purchased an additional 83 Bitcoin for $5 million in cash. This latest buy expands Semler’s total Bitcoin holdings to 1,012 BTC acquired for $68 million. JUST IN: 🇺🇸 Public Company Semler Scientific buys…
Category: Crypto Flash News
Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM
The three spot Bitcoin exchange-traded funds (ETFs) in Hong Kong have surpassed HK$2 billion (around $272 million) in assets under management since launching earlier this year. NEW: 🇭🇰 Hong Kong #Bitcoin ETFs surpass HK $2 billion in assets under management.…
US Bitcoin ETFs Saw the Sixth Consecutive Day of Inflows
US spot Bitcoin exchange-traded funds recorded their sixth straight day of net inflows on August 23rd, totalling around $65 million. The sustained run of positive flows highlights the growing institutional demand for regulated Bitcoin exposure. BlackRock’s iShares Bitcoin Trust (IBIT)…
4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage
As Bitwage celebrated its 10-year anniversary today, the company highlighted its growth in enabling Bitcoin and crypto payroll solutions. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments. Bitcoin and crypto payroll platform Bitwage announced…
Report From The DNC: Democrats Warm Up To Bitcoin And Crypto, But Offer No Policy Specifics
Bitcoin was not a big topic at the Democratic National Convention (DNC) this week. None of the speakers at the event uttered a word about the electronic cash system or other crypto assets from the event’s main stage at Chicago’s…
Is the Bitcoin Bull Cycle Over?
After reaching new all-time highs earlier this year, Bitcoin has entered a multi-month period of choppy price action, leading many to wonder if the bull cycle is over. In this article, we dive deep into key metrics and trends to…
Mt. Gox Moves Over $700 Million in Bitcoin
The notorious Mt. Gox exchange has made its first major Bitcoin transaction in weeks, shifting over $700 million worth of BTC to unknown wallets. According to data tracked by Arkham Intelligence, Mt. Gox moved 12,000 BTC worth $709 million to…
Hong Kong Spot Bitcoin ETFs Saw Highest Inflows in a Month
Hong Kong‘s spot Bitcoin ETFs saw their largest inflow of funds in over a month today, highlighting growing Asian interest in Bitcoin investment vehicles. JUST IN: 🇭🇰 Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in…
Bitcoin’s Role as Collateral in Real Estate Development Financing
Enhancing Creditworthiness with Bitcoin in a Debt-Intensive Economy Since US President Richard Nixon announced in 1971 that the US dollar would no longer be convertible into gold at a fixed rate, central banks around the world have started operating a…
Tim Draper Invests in Ark Labs to Make Bitcoin Payments Easier
Bitcoin scaling proposal Ark is getting closer to reality. After a year of research focused on refining the reference implementation, Ark Labs announced today the completion of a $2.5 million pre-seed funding round led by Tim Draper and his firm,…