MicroStrategy Incorporated (Nasdaq: MSTR) reported its financial results for Q2 2024, revealing an increase in its Bitcoin holdings. The company acquired 12,222 bitcoins since the beginning of the quarter, at an average price of $65,882 per bitcoin, bringing its total…
Category: Crypto Flash News
Bitcoin Hashrate Hits All-Time High as Trump Vows to Boost Industry
According to Bitcoin Magazine Pro, the 7-day average mining hash rate for Bitcoin has hit a new all-time high, surpassing 667 exahashes per second (EH/s) on July 26th during the Bitcoin 2024 conference. This tops the previous record of 657…
Hong Kong’s Largest Online Broker Launched Bitcoin Trading
Futu Securities, Hong Kong’s biggest online brokerage with over 3.5 million customers, has launched retail Bitcoin trading on its platform. As per South China Morning Post, users can now directly buy and sell Bitcoin and ether using Hong Kong or…
Occupy Bitcoin: Bitcoin Is Not Just Libertarian
Bitcoin has experienced enormous growth in the past fifteen years since its inception, and with that has come numerous monumental shifts in the culture of the overall ecosystem, as well as the smaller individual communities that make it up. This…
Lightning Network In A Class Of Its Own At Bitcoin 2024 Conference
I was asked repeatedly throughout this year’s Bitcoin 2024 conference what my highlight of the moment was — what the signal was amongst the noise. As I returned from Nashville, it occurred to me that, each time, I could never…
Holding Bitcoin Has Been Profitable for 98.5% of Its Existence, Data Shows
According to Bitcoin Magazine Pro data, holding Bitcoin has been profitable for 98.5% of its existence. The data reveals that out of the last 5,096 days since Bitcoin trading began, holding BTC has been profitable for 5,020 days relative to the…
Post Nashville Event Recap – A Bitcoin VC Perspective The Good, The Bad, and the Bullish
Macro – Crossing the Rubicon 1. Donald J. Trump and the point of no return. 3 words, “Strategic Bitcoin Stockpile”. It was theorized by many Bitcoiners for years, some would even say dreamed of, and it happened just last week.…
The World’s Largest Bitcoin Conference Heads to Las Vegas in 2025
BTC Inc., the leading provider of Bitcoin-related news and events, is excited to announce that after this year’s successful Bitcoin 2024 event, which brought over 22 thousand attendees to Nashville, The Bitcoin Conference, the world’s largest and most prestigious gathering…
Senator Cynthia Lummis Announces Bill for US To Buy 1 Million Bitcoin
Senator Cynthia Lummis (R-WY) has announced plans to introduce legislation directing the U.S. government to accumulate 1 million Bitcoin, which would be worth over $68 billion at current prices. Speaking at the Bitcoin 2024 conference in Nashville, Lummis said the…
Russia Legalizes Bitcoin And Crypto for International Trade To Bypass Sanctions
In a significant legislative move, Russian lawmakers have passed a bill permitting businesses to use Bitcoin and other cryptocurrencies in international trade, according to a report by Retuers. This development is part of Russia’s strategy to circumvent Western sanctions imposed…